Wednesday , October 27 2021

TCI Finance to divest entire equity investment in Itag Business Solutions

TCI Finance has received an approval for the sale of investment of subsidiary company. Divestment of 100% equity investment held by the company in Itag Business Solutions (a wholly owned subsidiary). Further after completion of formalities Itag Business Solutions shall cease to be a subsidiary of the company.

The Board of Directors of the company at their meeting held on October 30, 2018, approved the same.

TCI Finance’s principal activity is to provide non-banking financial services. Their products include hire purchase, leasing and inter corporate loans.

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