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Fortune Financial Services (India) hikes stake in ITI Gilts

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Last Updated : May 16 2017 | 12:02 AM IST

ITI Gilts becomes wholly owned subsidiary of Fortune Financial Services (India)

Fortune Financial Services (India) announced that the Company has acquired 49,00,000 equity shares of Rs. 10 each fully paid of ITI Gilts (earlier known as Crest Debt Capital Markets) . The Company was already holding 51% of the paid up capital of ITI Gilts and now on acquisition of these 49,00,000 equity shares, ITI Giltshas become a wholly Owned Subsidiary of the Company.

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First Published: May 15 2017 | 1:32 PM IST

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