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Shares of Cox & Kings Financial Services (CKFS), the demerged entity from Cox & Kings, will be listed on the BSE and the NSE on Thursday. The company’s board had approved the de-merger of the foreign exchange business into a separate financial services company. One fully paid-up equity share of ₹10 each of CKFS was credited for every three fully paid-up equity shares of ₹5 each held by its shareholders, whose names had appeared on the record books as on October 28, 2018.
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