Completion of acquisition of 74% of equity shares in DBION Private Limited
As filed · Dhampur Bio Organics Limited has informed the Exchange regarding the completion of acquisition of 74% of equity shares in DBION Private Limited.
M&AWatchMajormateriality 82 out of 100
What happened
FactDhampur Bio Organics Limited has informed the Exchange regarding the completion of acquisition of 74% of equity shares in DBION Private Limited. Towers, Dalal Street, Fort,. would like to inform that the Company has acquired 7400 equity shares at the rate Rs. 10 each,.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
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Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
Evidence
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%