Comfort Intech has made an investment in equity shares of Liquors India (LIL) offered through the Right Issue. Pursuant to the said investment, Liquors India, which is an associate company within the meaning of Section 2(6) of the Companies Act, 2013 (the Act), has become subsidiary of the Company with the meaning of Section 2(87) of the Act. Post allotment of shares through right issue, Comfort Intech will hold 65.30% of shareholding in LIL.
Comfort Intech is presently engaged in capital market operations, investments, finance and software activities.
