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Merger & Restructuring

Inox Green Energy Services Merger & Restructuring

Inox Green Energy Services Limited announced the allotment of 4,89,82,030 equity shares of Inox Renewable Solutions Limited pursuant to an NCLT-sanctioned Scheme of Arrangement.

Source

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

Read the filing ↗

Inox Green Energy Services Ltd: key numbers

Share price
₹105.88
Market cap
₹4,443 Cr
Revenue (annual)
₹281.0 Cr
Net profit (annual)
₹102.4 Cr
P/E (TTM)
36.5×Sector 21.0×
Promoter holding
53.70%-2.42% QoQ
FII holding
8.17%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