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Merger & Restructuring

Steelman Telecom Merger & Restructuring Worth ₹0.08 Cr

Steelman Telecom approved the sale of a 0.61% stake in its subsidiary EC Wheels India for ₹0.08 Crore. Post-transaction, the company's holding will decrease to 49.47%.

Key figures
Value₹0.08 Cr
Source

BSE filing, BSE: 543622. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Steelman Telecom Ltd: key numbers

Share price
₹69.00
Market cap
₹66.77 Cr
Revenue (annual)
₹230.3 Cr
Net profit (annual)
₹-6.26 Cr
P/E (TTM)
-10.7×Sector 36.4×
Promoter holding
71.98%+0.00% QoQ
FII holding
2.32%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