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Merger & Restructuring

Infonative Solutions Merger & Restructuring Worth ₹1.68 Cr

Infonative Solutions Limited approved the acquisition of a 51% stake in Digital Benchers Private Limited for ₹1.68 Crore. The target company will become a subsidiary of Infonative.

Key figures
Value₹1.68 Cr
Execution periodIn due course of time
Source

BSE filing, BSE: 544393. Summary written from the filing by ALFA Finder's alert engine.

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Infonative Solutions Ltd: key numbers

Share price
₹35.44
Market cap
₹41.99 Cr
Revenue (annual)
₹23.02 Cr
Net profit (annual)
₹2.85 Cr
P/E (TTM)
14.7×Sector 34.1×
Promoter holding
70.18%
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