Transwarranty Finance has received an approval to increase the limit for acquiring and holding equity shares of the company, by Foreign Institutional Investors (FIIs), up to an aggregate limit of 74% of the paid up equity share capital of the company and also total holding of securities in the company by all NRIs put together, be limited to 24% of the aggregate paid up share capital of the company instead of 10%.
The board of directors at its meeting held on January 14, 2014 has approved for the same. Further the board has approved conducting of Postal Ballot for acquiring General Body approval for the above.
Transwarranty Finance is a Reserve Bank of India (RBI) registered Non Banking Finance Company (NBFC), engaged in advisory services like Investment Banking, Corporate Finance, Project Finance, Trade Finance and providing Business & Retail Loans against collateral security of immovable property, liquid assets like shares, other financial assets, gold jewelry etc.
The board of directors at its meeting held on January 14, 2014 has approved for the same. Further the board has approved conducting of Postal Ballot for acquiring General Body approval for the above.
Transwarranty Finance is a Reserve Bank of India (RBI) registered Non Banking Finance Company (NBFC), engaged in advisory services like Investment Banking, Corporate Finance, Project Finance, Trade Finance and providing Business & Retail Loans against collateral security of immovable property, liquid assets like shares, other financial assets, gold jewelry etc.
No comments:
Post a Comment