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Merger & Restructuring

IFGL Refractories Merger & Restructuring

IFGL Refractories terminated its Joint Venture Agreement with Marvels International Group Company Limited, citing no material financial impact. The company retains full shareholding in the entity.

Source

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

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IFGL Refractories Ltd: key numbers

Share price
₹173.53
Market cap
₹1,251 Cr
Revenue (annual)
₹1,894 Cr
Net profit (annual)
₹34.70 Cr
P/E (TTM)
30.5×Sector 52.2×
Promoter holding
72.43%+0.00% QoQ
FII holding
0.02%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