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Merger & Restructuring

Mahanagar Telephone Nigam Merger & Restructuring Worth ₹891.5 Cr

MTNL has approved the sale of its Powai property to the Income Tax Department for Rs. 891.53 Crore. The transaction involves a 20,895.60 Sqm land parcel via government-to-government transfer.

Key figures
Value₹891.5 Cr
Order fromIncome Tax Department
land area20895.6 Sqm
Source

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

Read the filing ↗

Mahanagar Telephone Nigam Ltd: key numbers

Share price
₹22.66
Market cap
₹1,428 Cr
Revenue (annual)
₹956.4 Cr
Net profit (annual)
₹-3,107 Cr
P/E (TTM)
-0.5×Sector 36.4×
Promoter holding
56.25%+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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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