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Merger & Restructuring

Flair Writing Industries Merger & Restructuring Worth ₹100 Cr

Flair Writing Industries subscribed to a rights issue in its wholly-owned subsidiary, Flair Writing Equipments, for ₹100 Crore. This transaction maintains its existing 100% shareholding.

Key figures
Value₹100.0 Cr
Source

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

Read the filing ↗

Flair Writing Industries Ltd: key numbers

Share price
₹233.18
Market cap
₹2,458 Cr
Revenue (annual)
₹1,250 Cr
Net profit (annual)
₹139.8 Cr
P/E (TTM)
17.6×Sector 43.1×
Promoter holding
78.59%+0.00% QoQ
FII holding
0.88%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