Frontier Leasing & Finance has sold its entire shareholding held in the subsidiary company namely AMW Finance for Rs 5 lakh only (i.e. 50,000 equity shares at Rs. 10 each). Accordingly, AMW Finance ceases to be a subsidiary of Frontier Leasing & Finance with effect from July 08, 2013.
Frontier Leasing and Finance is a finance and investment company. The company invests in shares, securities, debentures and involved in other finance related activities like hire purchase.