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Systematix Corporate Services merger & restructuring announcements

Every Systematix Corporate Services merger & restructuring announcement on NSE and BSE, newest first, each with its own page.

15:45 IST NSE
Merger & RestructuringSystematix Corporate Services Ltd SYSTMTXC

Systematix Corporate Services Merger & Restructuring Worth ₹35 Cr

Systematix Corporate Services Limited is investing ₹35.0 Crore in its wholly owned subsidiary, Systematix Shares and Stocks (India) Limited. The investment involves subscribing to 17,50,036 equity shares at ₹200 each to fund working capital. This strategic move aligns with a previously approved shareholder resolution to strengthen the subsidiary's capital market operations.

Value
₹35.00 Cr
Execution
Within the statutory timelines.