ICRA Ltd has announced that its wholly-owned subsidiary, ICRA Analytics Ltd, will invest in D2K Technologies India Pvt Ltd.
The board of ICRA Analytics has approved the proposal to invest up to ₹5.5 crore in the preference shares of D2K Technologies, a step-down subsidiary of ICRA Ltd.
As per the regulatory filing, there will not be any change in the equity shareholding as on date due to the subscription of preference shares.
The ICRA stock traded at ₹5,575 on the NSE, down by 0.46 per cent as of 1:34 pm.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.