Ladderup Finance has announced a board meeting to consider the financial results for the quarter and half-year.

Its subsidiary, Ladderup Asset Managers, has incorporated a new step-down subsidiary, Ladderup Fund Management IFSC Private Limited, in Gift City, Ahmedabad.

This entity focuses on fund management activities, holds a paid-up capital of Rs. 1 lakh, and has not yet commenced operations.

Ladderup Asset Managers holds 97% of the shares.

The move expands Ladderup’s presence in fund management within the IFSC segment, potentially enhancing its business footprint and service offerings.