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Merger & Restructuring

Jindal Saw Merger & Restructuring

Jindal Saw Limited has entered into an agreement for the sale or disposal of a unit, division, or subsidiary. The transaction is conducted at arm's length with no promoter interest. The expected completion date is tentatively set for March 31, 2027, as part of an internal restructuring or divestment strategy.

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