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Merger & Restructuring

Zaggle Prepaid Ocean Services Merger & Restructuring Worth ₹50 Cr

Zaggle Prepaid Ocean Services invested ₹50 Crore in its wholly-owned subsidiary, Rivpe Technology Private Limited (RTPL). The investment was made via a rights issue allotment of 3,42,147 equity shares. RTPL continues to remain a wholly-owned subsidiary of the company with no change in shareholding percentage.

Key figures
Value₹50.00 Cr
Source

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

Read the filing ↗

Zaggle Prepaid Ocean Services Ltd: key numbers

Share price
₹161.34
Market cap
₹2,169 Cr
Revenue (annual)
₹1,908 Cr
Net profit (annual)
₹138.1 Cr
P/E (TTM)
16.8×Sector 22.9×
Promoter holding
44.30%+0.00% QoQ
FII holding
2.49%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