Emkay Global Financial Services Limited: Sale or disposal
Sale or disposal - Emkay Global Financial Services Limited has informed the Exchange that the Board has approved to enter into a Business Transfer Agreement ( BTA ) with Emkay Wealth Advisory Limited, for the carve-out and transfer of the Wealth Management Business of the Company, which includes the distribution business, referral business and other relevant business activities pertaining to wealth Management ( Wealth Management Business ), on a going concern basis through a slump sale on such terms and conditions as detailed in the BTA.
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