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Merger & Restructuring

NIIT Learning Systems Merger & Restructuring

NIIT Learning Systems Ltd has decided to voluntarily dissolve and wind up its inoperative step-down subsidiary, MST Shanghai Co. Limited, to streamline its corporate structure.

Source

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

Read the filing ↗

NIIT Learning Systems Ltd: key numbers

Share price
₹194.88
Market cap
₹2,692 Cr
Revenue (annual)
₹1,952 Cr
Net profit (annual)
₹247.7 Cr
P/E (TTM)
10.5×Sector 34.1×
Promoter holding
34.17%-0.08% QoQ
FII holding
13.58%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