Kshitij is now wholly-owned subsidiary of FCH
Kishore Biyani promoted Future Capital Holdings on Wednesday said it has acquired the 50 per cent stake held by CapitaLand Retail India in their joint venture firm Kshitij CapitaLand Mall Management Pvt Ltd.
By PTI |
MUMBAI: Kishore Biyani promoted Future Capital Holdings on Wednesday said it has acquired the 50 per cent stake held by CapitaLand Retail India in their joint venture firm Kshitij CapitaLand Mall Management Pvt Ltd.
The company informed the Bombay Stock Exchange that it has acquired the remaining stake in Kshitij CapitaLand Mall Management, a 50:50 JV between FCH and CapitaLand.
KCMMCL has become a wholly-owned subsidiary of FCH with effect from Wednesday, the filing added.
Shares of Future Capital closed at Rs 563.60, up 1.43 per cent on the BSE.
The company informed the Bombay Stock Exchange that it has acquired the remaining stake in Kshitij CapitaLand Mall Management, a 50:50 JV between FCH and CapitaLand.
KCMMCL has become a wholly-owned subsidiary of FCH with effect from Wednesday, the filing added.
Shares of Future Capital closed at Rs 563.60, up 1.43 per cent on the BSE.
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