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Merger & Restructuring

Kriti Industries (India) Merger & Restructuring

Kriti Industries (India) Limited approved the merger of its wholly owned subsidiary, Kriti Auto & Engineering Plastics Private Limited, into itself. The move aims to simplify group structure and reduce administrative costs. No cash consideration is involved as the transferor is a 100% subsidiary. The subsidiary has discontinued its business operations.

Source

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

Read the filing ↗

Kriti Industries (India) Ltd: key numbers

Share price
₹50.29
Market cap
₹265.0 Cr
Revenue (annual)
₹587.4 Cr
Net profit (annual)
₹1.13 Cr
P/E (TTM)
-31.8×Sector 52.2×
Promoter holding
69.07%+0.00% QoQ
FII holding
0.01%Current quarter

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

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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