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Merger & Restructuring

Kothari Industrial Corporation Merger & Restructuring Worth ₹2.55 Cr

Kothari Industrial Corporation Limited incorporated a new subsidiary, Kothari Industrial IUAD Design Private Limited, through a joint venture. The company holds a 51% stake for ₹2.55 Crore.

Key figures
Value₹2.55 Cr
Source

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

Read the filing ↗

Kothari Industrial Corporation Ltd: key numbers

Share price
₹108.60
Market cap
₹1,173 Cr
Revenue (annual)
₹178.3 Cr
Net profit (annual)
₹-72.19 Cr
P/E (TTM)
-13.6×Sector 9.6×
Promoter holding
47.35%+0.03% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Kothari Industrial Corporation Ltd

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17:53 IST BSE
New Order Win

Kothari Industrial Corporation Bags ₹3.75 Cr Order from The Tamil Nadu Co-operative Milk Producers' Federation Limited

Kothari Industrial Corporation received a ₹3.75 Crore work order from TCMPF Limited to supply 78 unskilled workers. The contract runs 24 months, extendable by 6 months.

Value
₹3.75 Cr
From
The Tamil Nadu Co-operative Milk Producers' Federation Limited (TCMPF Limited)
Execution
24 months from date of execution of work, extendable by 6 months
20:06 IST BSE
Partnership

Kothari Industrial Corporation Partnership

Kothari Industrial signed an MoU with Elegant Exit Company BV and ALAR to explore forming a joint venture for ethical ship recycling in Tamil Nadu.

Other merger & restructuring announcements

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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