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Merger & Restructuring

Sunita Tools Merger & Restructuring

Sunita Tools signed a 50:50 JV agreement to acquire a Bulgarian defence company. Expansion into European/NATO defence sector with acquisition expected within 90 days.

Key figures
Execution periodapproximately 90 days from the date of the Agreement
Source

BSE filing, BSE: 544001. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Sunita Tools Ltd: key numbers

Share price
₹1,070.00
Market cap
₹666.9 Cr
Revenue (annual)
₹47.31 Cr
Net profit (annual)
₹6.33 Cr
P/E (TTM)
105.3×Sector 52.0×
Promoter holding
62.75%
FII holding
0.15%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