Equitas Holdings has completed the sale of its entire shareholding in its subsidiary, Equitas Technologies (ETPL) on July 5, 2022, thereby complying with the condition stipulated by RBI as part of its No Objection letter dated May 6, 2022 for amalgamation of the Company with ESFBL, to divest its entire shareholding in ETPL. Consequently, ETPL has ceased to be the subsidiary of the Company.
Equitas Holdings is a Non-Deposit Taking Systemically Important - Core Investment Company - (CIS-ND-SI) registered with The Reserve Bank of India. The activity of the company is to making investment in subsidiary companies and providing loans to them. It has no other operations.