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Merger & Restructuring

AVG Logistics Merger & Restructuring Worth ₹0.1 Cr

AVG Logistics Limited has incorporated a 50:50 joint venture company, Carbonlite Logistics Private Limited, with Baidyanath LNG Private Limited. The new entity has an initial paid-up capital of ₹0.1 Crore and will operate in the logistics sector.

Key figures
Value₹0.10 Cr
Source

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

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AVG Logistics Ltd: key numbers

Share price
₹161.75
Market cap
₹302.6 Cr
Revenue (annual)
₹578.6 Cr
Net profit (annual)
₹26.17 Cr
P/E (TTM)
10.9×Sector 29.6×
Promoter holding
41.23%+0.00% QoQ
FII holding
5.61%Current quarter

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

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19:53 IST NSE
Merger & RestructuringEmkay Global Financial Services Ltd EMKAY

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value
₹30.00 Cr
Execution
Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals