IndiaNivesh has further acquired 149,800 equity shares representing 1.83% of total paid up equity capital of Jupiter Enterprises (JEL). Consequent upon said acquisition, the total holding of the company stands at 4,177,000 equity shares representing 50.98% of the total paid up equity share capital of Jupiter Enterprises and Jupiter Enterprises has become a subsidiary of the company.
IndiaNivesh is into the business of settlement or acquisition of stressed assets. INL is also registered with Reserve Bank of India (RBI) as a Non Banking Financial Company (NBFC). The company is a professionally managed company and has a very dedicated and experienced team of professionals who are competent to identify value assets.
