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Geojit BNP Paribas Financial Services invests in subsidiary

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Capital Market
Last Updated : Mar 26 2014 | 11:54 PM IST

By way of equity capital worth Rs 70 crore

Geojit BNP Paribas Financial Services has announced that the Board of Directors of the Company which met on 25 March 2014 decided to invest Rs 70 crores by way of equity capital in Geojit Credits.

Geojit Credits is a non deposit taking NBFC and a subsidiary of Geojit BNP Paribas. Geojit Financial Management Services, a wholly owned subsidiary of Geojit BNP Paribas also decided to invest Rs 32.5 crores by way of equity capital in Geojit Credits.

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First Published: Mar 26 2014 | 11:54 AM IST

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