Emkay Global To Divest EIML, EWAL For ₹23.42 Crore, Inject ₹30 Crore Into New Subsidiary ECPL
Mumbai: Emkay Global Financial Services Ltd announced on Wednesday a strategic divestment of its entire equity investment in two wholly-owned subsidiaries, Emkay Investment Managers Limited (EIML) and Emkay Wealth Advisory Limited (EWAL), to its newly incorporated wholly-owned subsidiary, Emkay Capital Private Limited (ECPL). Divestment Details Emkay Global will transfer 100 per cent of its stake…
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