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Merger & Restructuring

Standard Engineering Technology Merger & Restructuring

Standard Engineering Technology Limited completed Phase I of its strategic investment, acquiring a 19.19% stake in Japan-based GL HAKKO Co., Ltd.

Source

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

Read the filing ↗

Standard Engineering Technology Ltd: key numbers

Share price
₹386.65
Market cap
₹7,808 Cr
Revenue (annual)
₹774.1 Cr
Net profit (annual)
₹80.04 Cr
P/E (TTM)
91.3×Sector 52.2×
Promoter holding
60.47%+0.00% QoQ
FII holding
1.30%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