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Merger & Restructuring

SRM Contractors Merger & Restructuring

SRM Contractors Ltd has incorporated a new associate company, GIRAFFE SRM ESTATES PRIVATE LIMITED. The entity will focus on highway infrastructure and wayside amenities.

Source

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

Read the filing ↗

SRM Contractors Ltd: key numbers

Share price
₹408.55
Market cap
₹937.4 Cr
Revenue (annual)
₹1,026 Cr
Net profit (annual)
₹111.0 Cr
P/E (TTM)
8.0×Sector 31.3×
Promoter holding
72.59%+0.00% QoQ
FII holding
0.06%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from SRM Contractors Ltd

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14:28 IST BSE
New Order Win

SRM Contractors Bags ₹138.4 Cr Order from MORTH

SRM Contractors bagged a Rs.138.37 Crore contract from MORTH for landslide treatment on NH-09 in Uttarakhand. Execution is 18 months on EPC mode.

Value
₹138.4 Cr
From
MORTH (Ministry of Road, Transport and Highways)
Execution
18 months

Other merger & restructuring announcements

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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