JRG DubaiMUMBAI: Inditrade Capital, formally known as JRG Securities, has taken an in-principle decision to increase its existing shareholding in JRG International Brokerage DMCC (JRG DMCC), a company registered with the Dubai Multi Commodities Centre.

Inditrade has decided to increase its stake up to 51% of the paid up capital of JRG DMCC, within a period of 24 months subject to the relevant regulatory approvals (both in India and UAE), if any, the company said.

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