Acquisition of 26% of the paid-up equity share capital of Clean Max MUOI Private Limited ('SPV')
As filed · Relaxo Footwears Limited has informed the Exchange regarding the acquisition of 26% of the paid-up equity share capital of Clean Max MUOI Private Limited ('SPV').
M&AMajormateriality 82 out of 100
What happened
FactAcquisition of 26% of the paid-up equity share capital of Clean Max MUOI Private Limited ('SPV'). shares having a face value of Rs 10 each representing 26% of the Paid-Up Equity Share. acquisition of equity shares, there are no other changes to the disclosures made earlier.
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%