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Board Meeting Outcome

Acetech E-Commerce Board Meeting Outcome

Acetech E-Commerce Limited's board approved the $333,776 (approx. ₹3.1 Crore) acquisition of LumiArt, a European lighting e-commerce business. The 100% asset purchase will be completed within 30 days. This strategic move aims to expand the company's digital footprint and product range across international markets including Europe, the USA, and UAE.

Key figures
Value₹3.10 Cr
Execution period30 days
Source

NSE filing, NSE: ACETEC. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Acetech E-Commerce Ltd: key numbers

Share price
₹131.00
Market cap
₹214.6 Cr
Revenue (annual)
₹82.76 Cr
Net profit (annual)
₹10.28 Cr
P/E (TTM)
20.9×Sector 49.0×
Promoter holding
64.39%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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