According to sources Book value of DDFC is around 600mn whereas Abans Finance (AFSL) Book Value is less than Rs 500mn. Therefore upon merger DDFC being the stronger partner, is likely to hold majority shares. This move is likely to benefit Abans Group, and its FMCG business due to the extensive network of Micro Finance customers DDFC possess.
Information about DDFC:
DDFC Annual Report:
Abans Finance Interim Accounts: