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IDFC buys 33% promoter stake in SSKI: Sources
Published on Fri, Apr 27, 2007 at 20:00   |  Updated at Fri, Apr 27, 2007 at 21:30  |  Source : Moneycontrol.com

CNBC-TV18 has learnt that IDFC has bought promoter's 33% stake in SSKI. With this purchase IDFC’s stake goes up to 66%.

 


Sources said that JM Financial is in talks with IDFC to form a consolidated financial intermediary.

 

JM Financial will be the majority partner in the venture, followed by IDFC and SSKI employees.

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Tags: IDFCSSKI JM
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