India Max Investment acquires 3.82% stake in LKP Finance

India Max Investment has acquired 3.82% stake in LKP Finance on December 27, 2011. The company has bought 5 lakh shares of the company at Rs 80 per share amounting to Rs 4 crore.

On the other hand, Evans Fraser and Company (India) has sold 3.82% stake in LKP Finance on Tuesday. It has sold 5 lakh shares of the company at Rs 80 per share amounting to Rs 4 crore.

LKP Finance is in the field of financial Services such as issue management, bill discounting, leasing and hire-purchase, full fledged money changing and has also started providing travel related Insurance Policy to bound passengers, etc.