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Merger & Restructuring

Hindustan Composites Merger & Restructuring Worth ₹370 Cr

Hindustan Composites completed the slump sale of its Friction Business Undertaking for ₹370 Crore. This follows shareholder approval and marks the full completion of the transaction.

Key figures
Value₹370.0 Cr
Source

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

Read the filing ↗

Hindustan Composites Ltd: key numbers

Share price
₹374.00
Market cap
₹552.4 Cr
Revenue (annual)
₹375.0 Cr
Net profit (annual)
₹31.11 Cr
P/E (TTM)
17.1×Sector 30.9×
Promoter holding
74.98%+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