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Merger & Restructuring

Jindal Saw Merger & Restructuring Worth ₹107.4 Cr

Jindal Saw Limited's Board has approved the in-principle disposal or liquidation of its 100% Cyprus-based subsidiary, Raleal Holdings Limited. The subsidiary reported a negative net worth of approximately ₹107.39 Crore as of March 31, 2026. This move aligns with the company's strategy to address non-performing or insolvent offshore entities.

Key figures
Value₹107.4 Cr
Source

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

Read the filing ↗

Jindal Saw Ltd: key numbers

Share price
₹241.05
Market cap
₹15,415 Cr
Revenue (annual)
₹17,895 Cr
Net profit (annual)
₹973.4 Cr
P/E (TTM)
28.1×Sector 16.7×
Promoter holding
63.24%-0.01% QoQ
FII holding
11.32%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