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Merger & Restructuring

One97 Communications Merger & Restructuring

One 97 Communications Limited announced the voluntary winding up of its associate, Paytm Payments Bank Limited (PPBL), following RBI license cancellation. The company confirms PPBL's contribution to its financials was nil and expects no material impact on its independent operations, including the Paytm app and UPI services.

Source

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

Read the filing ↗

One97 Communications Ltd: key numbers

Share price
₹1,631.50
Market cap
₹1,04,804 Cr
Revenue (annual)
₹8,437 Cr
Net profit (annual)
₹553.0 Cr
P/E (TTM)
122.6×Sector 22.9×
Promoter holding
0.00%+0.00% QoQ
FII holding
43.52%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