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Merger & Restructuring

SAR Televenture Merger & Restructuring Worth ₹256.8 Cr

Sar Televenture Limited approved the divestment of its 90.82% stake in subsidiary Fusionnet Web Services Limited to Tikona Communication Limited for Rs. 256.84 Crore.

Key figures
Value₹256.8 Cr
Source

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

Read the filing ↗

SAR Televenture Ltd: key numbers

Share price
₹78.90
Market cap
₹395.7 Cr
Revenue (annual)
₹522.1 Cr
Net profit (annual)
₹71.82 Cr
P/E (TTM)
5.5×Sector 36.9×
Promoter holding
45.53%
FII holding
2.46%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