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Merger & Restructuring

Lux Industries Merger & Restructuring Worth ₹0.05 Cr

Lux Industries Limited has incorporated a new wholly owned subsidiary (proposed name WOS 1) for the manufacturing and trading of garments and hosiery products. The company will subscribe to 100% of the initial share capital for ₹0.05 Crore in cash.

Key figures
Value₹0.05 Cr
Source

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

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Lux Industries Ltd: key numbers

Share price
₹1,103.00
Market cap
₹3,317 Cr
Revenue (annual)
₹2,929 Cr
Net profit (annual)
₹103.8 Cr
P/E (TTM)
32.4×Sector 49.0×
Promoter holding
74.19%+0.00% QoQ
FII holding
0.63%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