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Merger & Restructuring

Concord Enviro Systems Merger & Restructuring Worth ₹10.54 Cr

Concord Enviro Systems invested Rs. 10.54 Crore in its subsidiary, Rochem Separation Systems, via a rights issue. Proceeds will fund a brownfield expansion project in Vasai.

Key figures
Value₹10.54 Cr
Source

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

Read the filing ↗

Concord Enviro Systems Ltd: key numbers

Share price
₹230.95
Market cap
₹478.0 Cr
Revenue (annual)
₹557.9 Cr
Net profit (annual)
₹19.76 Cr
P/E (TTM)
-67.3×Sector 21.0×
Promoter holding
51.43%+0.00% QoQ
FII holding
0.56%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