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Merger & Restructuring

DB (International) Stock Brokers Merger & Restructuring

DB International Stock Brokers Ltd will transfer its retail, mutual fund, and financial business divisions to Choice Equity Broking and Choice Wealth for strategic realignment.

Source

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

Read the filing ↗

DB (International) Stock Brokers Ltd: key numbers

Share price
₹29.13
Market cap
₹102.0 Cr
Revenue (annual)
₹27.65 Cr
Net profit (annual)
₹3.11 Cr
P/E (TTM)
41.7×Sector 19.7×
Promoter holding
41.18%+0.00% QoQ
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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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