ANR Securities

Oscar Investments acquires 100% stake in ANR Securities

Delhi-based Oscar Investments has acquired 100% equity shares of ANR Securities, a closely held Non Banking Finance Company, on Jun. 05, 2008 at the cost of Rs 3.8 million.

With the acquisition, ANR Securities would become wholly owned subsidiary of Oscar Investments with immediate effect.

Oscar Investments is a non-banking financial company (NBFC). The company operates on the business model of raising funds from banks and financial institutions and investing it into companies to earn dividends and appreciations.