Frontier Leasin: Sale of Shares of the subsidiary

Written By Unknown on Rabu, 10 Juli 2013 | 18.00

Jul 10, 2013, 04.18 PM IST

Frontier Leasing & Finance has informed that the Company has sold its entire shareholding held in the Subsidiary Company namely M/s. AMW Finance Limited for Rs. 5 lacs only (i.e. 50,000 equity shares at Rs. 10/- each). Accordingly, AMW Finance Limited ceases to be a subsidiary of Frontier Leasing & Finance Limited with effect from July 08, 2013.

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Frontier Leasin: Sale of Shares of the subsidiary

Frontier Leasing & Finance has informed that the Company has sold its entire shareholding held in the Subsidiary Company namely M/s. AMW Finance Limited for Rs. 5 lacs only (i.e. 50,000 equity shares at Rs. 10/- each). Accordingly, AMW Finance Limited ceases to be a subsidiary of Frontier Leasing & Finance Limited with effect from July 08, 2013.

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Frontier Leasin: Sale of Shares of the subsidiary

Frontier Leasing & Finance has informed that the Company has sold its entire shareholding held in the Subsidiary Company namely M/s. AMW Finance Limited for Rs. 5 lacs only (i.e. 50,000 equity shares at Rs. 10/- each). Accordingly, AMW Finance Limited ceases to be a subsidiary of Frontier Leasing & Finance Limited with effect from July 08, 2013.

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Frontier Leasing & Finance Ltd has informed BSE that the Company has sold its entire shareholding held in the SubsidiaryCompany namely M/s. AMW Finance Limited for Rs. 5 lacs only (i.e. 50,000 equity shares at Rs. 10/- each). Accordingly, AMW Finance Limited ceases to be a subsidiary of Frontier Leasing & Finance Limited with effect from July 08, 2013.Source : BSE

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