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Merger & Restructuring

Cyient Merger & Restructuring Worth ₹720 Cr

Cyient Limited's board has approved a share buyback worth up to ₹720.0 Crore via the tender offer route. The company proposes to repurchase up to 6,400,000 equity shares at a price of ₹1,125 per share. This represents approximately 5.76% of the company's existing paid-up equity capital.

Key figures
Value₹720.0 Cr
Source

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

Read the filing ↗

Cyient Ltd: key numbers

Share price
₹1,156.70
Market cap
₹12,853 Cr
Revenue (annual)
₹7,268 Cr
Net profit (annual)
₹427.9 Cr
P/E (TTM)
34.5×Sector 22.9×
Promoter holding
24.76%+1.48% QoQ
FII holding
14.72%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