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Merger & Restructuring

Parmeshwar Metal Merger & Restructuring Worth ₹0.05 Cr

Parmeshwar Metal Ltd approved incorporating a new subsidiary, Parmeshwar Copperx Private Limited. The initial investment of Rs. 0.05 Crore will fund 51% equity in the metal manufacturing entity.

Key figures
Value₹0.05 Cr
Source

BSE filing, BSE: 544330. Summary written from the filing by ALFA Finder's alert engine.

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Parmeshwar Metal Ltd: key numbers

Share price
₹269.85
Market cap
₹413.0 Cr
Revenue (annual)
₹1,973 Cr
Net profit (annual)
₹32.49 Cr
P/E (TTM)
12.7×Sector 42.1×
Promoter holding
72.03%
FII holding
0.00%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