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Merger & Restructuring

Maharashtra Seamless Merger & Restructuring Worth ₹0.05 Cr

Maharashtra Seamless Limited incorporated a new wholly-owned subsidiary, United Seamless Limited, with ₹0.05 Crore capital. The entity will focus on pipe manufacturing and oil exploration.

Key figures
Value₹0.05 Cr
Source

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

Read the filing ↗

Maharashtra Seamless Ltd: key numbers

Share price
₹540.15
Market cap
₹7,238 Cr
Revenue (annual)
₹4,674 Cr
Net profit (annual)
₹701.3 Cr
P/E (TTM)
9.8×Sector 16.7×
Promoter holding
70.30%+0.02% QoQ
FII holding
9.93%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