Corporate News 07-Jan-19
Crest Ventures acquires 100% stake in Crest Finserv
Crest Ventures has acquired 30 Equity Shares of Crest Finserv ('CFL'), subsidiary of the Company, at Rs. 40/- each (FV=Rs.10/- each) aggregating to Rs.1,200/- as the cost of acquisition. Consequent to the said acquisition, Company's stake in CFL has increased from 99.99% to 100% and as a result, CFL has become a Wholly Owned Subsidiary of the Company.
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