The Investment Trust of India gains 6% on buyback of ITI Reinsurance's stake
Post buy back ITI Reinsurance has become a wholly owned subsidiary of the company.
Mar 22, 2019 11:03 IST India Infoline News Service

"Post buyback the issued capital of ITI Reinsurance is 21.74cr equity shares of Rs10 each fully paid which is wholly owned by the company and its nominees. In view of this, ITI Reinsurance has become a wholly owned subsidiary of the company," said The Investment Trust of India in a press note after markets hours to the exchanges on Wednesday.