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Inditrade Capit
BSE: 532745NSE: ISIN: INE347H01012

18th-May-2018 09:48Source: BSE

Inditrade Capital - Slump Sale Of Equity Broking Business Of The Company

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Company at its meeting today has decided to recommend the following business to the members for their approval:

Slump sale of Equity Broking Business of the Company to Choice Equity Broking Private Limited for consideration of an amount of Rs. 32 crores subject to Statutory and Regulatory Approvals.

The approval of the members is being sought through Postal Ballot/evoting.