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Merger & Restructuring

Vipul Merger & Restructuring

Vipul Limited is amalgamating five of its wholly owned and step-down subsidiaries into itself to improve operational efficiency and reduce costs. The internal restructuring maintains existing shareholding patterns and pools resources within the group's real estate business. No cash consideration is involved as the entities are already 100% owned by the group.

Source

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

Read the filing ↗

Vipul Ltd: key numbers

Share price
₹8.80
Market cap
₹124.0 Cr
Revenue (annual)
₹59.58 Cr
Net profit (annual)
₹-14.09 Cr
P/E (TTM)
-9.0×Sector 33.7×
Promoter holding
18.25%+0.00% QoQ
FII holding
7.23%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