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    Future Capital acquires Black Diamond Finance

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    Financial services arm of -led Future Capital Holdings has acquired non-banking financial firm Black Diamond Finance.

    According to the latest filing of Future Capital Holdings to , the company has acquired 100 per cent of the fully paid up equity share capital of

    Black Diamond Finance is a non banking finance company registered with the Reserve Bank of India. Accordingly, effective from January 02, Black Diamond Finance Ltd has become a wholly owned subsidiary of Future Capital.

    — Shailesh Shah