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Inditrade Capital gets nod to acquire additional stake in JRG Fincorp

Mumbai, May 19 (UNI) Inditrade Capital said that it has received approval for acquisition of additional equity shares in its material subsidiary RG Fincorp, of up to 10 per cent of paid up capital, for an amount not exceeding Rs 24 crore, within a period of next 12 months.
The meeting of the Board of Directors of the company held on May 18, 2018, has approved the same, the company said in a filing with BSE.
The board has also approved investment in its wholly-owned subsidiary Inditrade Housing Finance, by way of subscription to the equity shares of the company for an amount of up to Rs 11 crore.
Inditrade Capital (formerly known as JRG Securities) is engaged in equity and commodity broking businesses, with strong presence in South India.
UNI JS RJ 1432
More News
Major currencies down

Major currencies down

22 Jan 2019 | 11:58 AM

Mumbai, Jan 22 (UNI) Following is the indicative currency rates and travellers' cheques buying and selling rates per unit.

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Rupee up by 5 paise against USD

Rupee up by 5 paise against USD

22 Jan 2019 | 11:57 AM

Mumbai, Jan 22 (UNI) The Rupee on Tuesday rose marginally by five paise at 71.

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Sensex falls by 168 05 pts

Sensex falls by 168 05 pts

22 Jan 2019 | 11:55 AM

Mumbai, Jan 22 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Tuesday declined by 168.05 points to 36,410.91 in the opening trade on profit booking by local operators at higher level.

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Bullion Market Opening rates

Bullion Market Opening rates

22 Jan 2019 | 11:52 AM

Chennai, Jan 22 (UNI) Following is the bullion markets
opening rate here today.

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Jana Small Finance Bank launches Current Account with unique Auto-Sweep facility

21 Jan 2019 | 10:05 PM

Kolkata, Jan 21 (UNI) Jana Small Finance Bank has launched Current Account with Auto-Sweep facility.

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