Visagar Financial Services has received an expression of interest from Alliance Global Blanco, a wealth and asset management company from UK, expressing their intent in acquiring a stake of up to 24% in the Company.
The expression of interest is subject to further consideration and approval by the Board of Directors, Shareholders, and the Stock Exchange. Additionally, the proposed acquisition will be in compliance with all applicable regulatory guidelines.
The company is presently engaged in the business of bill discounting and in the business of trading in shares and securities.
