Ashoka Buildcon LimitedASHOKAWatchMajormateriality 82 out of 100
Acquisition of 7,46,20,000 equity shares of Rs.10/- each, held by the Investors in JTCL, at consideration of…
M&Aacquisition
As filed
Ashoka Buildcon Limited has informed the Exchange about acquisition of 7,46,20,000 equity shares of Rs.10/- each, held by the Investors in JTCL, at consideration of Rs.1,66,59,93,151/- by its 100% sub
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.