Upsurge Investment & Finance’s shareholding in the Upsurge Shares and Securities has come down to below 50%. Pursuant to this, Upsurge Shares and Securities is no more a subsidiary of the company with effect from December 01, 2011.
Upsurge Investment & Finance is a registered non banking finance company and had successfully come out with its maiden public offering in the year 1995. Upsurge Investment & Finance is mainly engaged into investments and finance activities.