Finkurve Financial Solutions Restricted to receive additional 16.80% stake in Arvog Foreign exchange Pvt Ltd

The Board of administrators of Finkurve Economical Expert services Confined have resolved to receive 1,46,994 (One Lac Forty-6 Thousand Nine Hundred and Ninety-4 Shares) Equity Shares aggregating to 16.80% of the overall paid up share capital of M/s. Arvog Fx Personal Constrained (previously recognized as M/s. Supama Forex Private Limited), Subsidiary of the Corporation at a amount of Rs. 146.78/- for each share aggregating to Rs. 2,15,75,780/- (Rupees Two Crore Fifteen Lac Seventy Five Thousand Seven Hundred Eighty Only).

Finkurve Economical Products and services Constrained is the holding business of M/s.Arvog Foreign exchange Non-public Restricted, keeping 7,28,000 equity shares i.e.83.2% of the total paid out-up share capital of M/s. Arvog Forex trading Personal Limited. Upon completion of acquisition, Finkurve Money Companies Limited shall turn into the holder of 99.9994% stake in M/s. Arvog Foreign exchange Personal Constrained.

Arvog Forex Private Minimal is engaged in the business enterprise of shopping for, providing and dealing of Foreign Exchange and Currencies.

Shares of Finkurve Economical Products and services Ltd was last investing in BSE at Rs.43.4 as compared to the preceding shut of Rs. 43.45. The full quantity of shares traded for the duration of the working day was 53344 in around 47 trades.

The inventory strike an intraday large of Rs. 44.45 and intraday reduced of 42.25. The web turnover all through the working day was Rs. 2256855.