Indiabulls Ventures to transfer its stock broking business to Indiabulls Commodities

Capital Market 

Ventures has approved the sale and transfer of Stock Broking Business of the Company to Commodities, a wholly owned subsidiary Company, by way of a Slump Sale, on a going concern basis through a Business Transfer Agreement for a lumpsum cash consideration of Rs 342 crore.

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First Published: Thu, January 31 2019. 18:54 IST