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Microsec Financial Services to hold board meeting

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Capital Market

On 19 April 2016

Microsec Financial Services will hold a meeting of the Board of Directors of the Company on 19 April 2016 to consider the proposed demerger of the undertaking consisting of certain assets or undertakings such as investment in shares, securities and properties (Investment Undertaking) of Microsec Capital Limited ("MCap"), a wholly owned subsidiary of the Company and also of Microsec Commerze Limited ("MCL"), a wholly owned subsidiary of MCap, wherein the aforesaid Investment Undertakings of both MCap and MCL shall be demerged into one or more separate company (ies).

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First Published: Apr 13 2016 | 10:03 AM IST

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