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Outcome of board meeting of Birla Capital & Financial Services

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Capital Market

Held on 25 September 2014

Birla Capital & Financial Services announced that the Board of Directors of the Company at its meeting held on 25 September 2014, have passed the following resolutions:

Birla Capital And Financial Services has entered into an agreement to sell its stake in the subsidiary Companies;

1. Birla Gold and Precious Metals
2. Birla Financial Distribution

Consequential to this, both the subsidiaries will cease to be the Subsidiary of Birla Capital And Financial Services.

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First Published: Sep 25 2014 | 5:16 PM IST

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