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Merger & Restructuring

Kalyan Jewellers India Merger & Restructuring Worth ₹350 Cr

Kalyan Jewellers invested ₹350 Crore in its wholly-owned subsidiary, Candere Lifestyle Jewellery, via a rights issue. The funds will be used for loan repayment.

Key figures
Value₹350.0 Cr
Source

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

Read the filing ↗

Kalyan Jewellers India Ltd: key numbers

Share price
₹510.00
Market cap
₹52,670 Cr
Revenue (annual)
₹35,743 Cr
Net profit (annual)
₹1,350 Cr
P/E (TTM)
36.7×Sector 49.0×
Promoter holding
62.85%-0.01% QoQ
FII holding
13.83%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