ALFA Finder
15:40 IST
BSE
Acquisition
Avantel Acquisition
Avatel's board approved absorbing wholly-owned subsidiary Imeds Global Private Limited into the parent company. No cash consideration or new shares are involved in the merger.
Avantel Ltd
Avantel Ltd news stories on ALFA NewsRead the news →- Share price
- ₹160.22
- Market cap
- ₹4,258 Cr
- Revenue (annual)
- ₹222.9 Cr
- Net profit (annual)
- ₹14.99 Cr
- P/E (TTM)
- 215.9×Sector 55.3×
- Promoter holding
- 36.85%-0.19% QoQ
- FII holding
- 0.38%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
All
New Order Win 13Other Announcement 9Annual General Meeting 6Financial Results 5Management Change 3Dividend 3Board Meeting Outcome 3Board Meeting Date 3Credit Rating 2Acquisition 2Results Correction 1Merger & Restructuring 1Fund Raise 1Employee Stock Options 1Debt & Borrowing 1Capital Structure Change 1Annual Report 1
Time
2 announcements with these filters
16:00 IST
BSE
Acquisition
Avantel Acquisition
Avantel Limited announced the merger of its wholly-owned subsidiary, Imeds Global Private Limited, into itself. This rationalizes group structure with no share issuance or cash consideration.