Pioneer Investcorp acquires Pioneer Commodity Intermediaries, invests in subsidiaries

Pioneer Investcorp Ltd has announced about the following:

1. The Company has acquired 100% Share capital of Pioneer Commodity Intermediaries Pvt Ltd, an existing member of National Commodity Derivatives Exchange of India Ltd (NCDEX).

2. The Company has also made capital investment in its three Wholly Owned Subsidiary Company viz., Pioneer Wealth Management Services Ltd, Pioneer Money Management Ltd and Pioneer Investment Advisory Services Ltd.

Source : Equity Bulls

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