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Merger & Restructuring

Envair Electrodyne Merger & Restructuring Worth ₹2.12 Cr

Envair Electrodyne announced the divestment of its 19.33% stake in Alliance Asia Pac Pte. Ltd. for ₹2.12 Crore. The promoters will acquire the stake to optimize the company's portfolio.

Key figures
Value₹2.12 Cr
Execution period30 days from completion of agreed conditions
Source

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

Read the filing ↗

Envair Electrodyne Ltd: key numbers

Share price
₹46.15
Market cap
₹21.41 Cr
Revenue (annual)
₹0.00 Cr
Net profit (annual)
₹0.11 Cr
P/E (TTM)
21365.7×Sector 52.2×
Promoter holding
57.52%+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