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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…

We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.

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