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Merger & Restructuring

State Bank of India Merger & Restructuring Worth ₹1,655 Cr

State Bank of India entered agreements to sell a 1.4156% stake in SBI Funds Management for Rs. 1,655 crore. The pre-IPO transaction involves 30 investors.

Key figures
Value₹1,655 Cr
Execution periodExpected to be completed by July 10, 2026
Source

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

Read the filing ↗

State Bank of India: key numbers

Share price
₹956.80
Market cap
₹8,83,185 Cr
Revenue (annual)
₹5,14,933 Cr
Net profit (annual)
₹83,299 Cr
P/E (TTM)
10.2×Sector 19.7×
Promoter holding
55.45%-0.02% QoQ
FII holding
11.07%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