India Securities subsidiary concludes sale of Vodafone Essar
Date: 19-08-2011India Securities wholly owned subsidiary - ETHL Communications Holdings has completed sale of 50% of its stake i.e. 5.5% in the equity capital of Vodafone Essar to Piramal Healthcare, in terms of agreement entered with Vodafone Group.
India Securities is promoted by Essar (Ruia) group and is a subsidiary of Essar Investments. It is into the business of finance, corporate advisory services, project finance, intermediation services project money and foreign exchange markets.