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Merger & Restructuring

Studds Accessories Merger & Restructuring Worth ₹10.9 Cr

Studds Accessories Limited approved the incorporation of a wholly owned subsidiary in Italy with a capital of up to ₹10.9 Crore (EUR 1 Million). The entity replaces a previously planned Spanish subsidiary and will focus on distribution and marketing in Europe.

Key figures
Value₹10.90 Cr
Source

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

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Studds Accessories Ltd: key numbers

Share price
₹392.10
Market cap
₹1,543 Cr
Revenue (annual)
₹634.2 Cr
Net profit (annual)
₹82.65 Cr
P/E (TTM)
20.6×Sector 30.9×
Promoter holding
61.80%+0.05% 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