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Merger & Restructuring

Shakti Pumps (India) Merger & Restructuring Worth ₹11 Cr

Shakti Pumps is acquiring its subsidiary, Shakti Energy Solutions, for ₹11 Crore. This move supports the target's new 2.20 GW solar manufacturing plant in Madhya Pradesh.

Key figures
Value₹11.00 Cr
manufacturing capacity2.2 GW
Source

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

Read the filing ↗

Shakti Pumps (India) Ltd: key numbers

Share price
₹364.45
Market cap
₹4,497 Cr
Revenue (annual)
₹2,698 Cr
Net profit (annual)
₹257.6 Cr
P/E (TTM)
28.1×Sector 52.2×
Promoter holding
50.40%+0.04% QoQ
FII holding
5.28%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