completed the acquisition of the following securities in Medica TS Hospital Private Limited. Consideration of ₹1.49 crore. On completion of the aforesaid acquisition, Tata Steel Limited holds 100% stake in equity.
₹10/- each of VRPL, at fair valuation obtained from a Registered Valuer. Consequently, the Company’s shareholding in VRPL has increased by 4.11%, i.e., from 73.28% to 77.39%.
Why it matters
CapitSignal interpretation
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Scheme of Arrangement. Regulations 2015 in respect of Scheme of Arrangement between Penna Cement. Industries Limited (“Transferor Company”) and Ambuja Cements Limited.
Why it matters
CapitSignal interpretation
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What happened
Fact
completed the acquisition of the following securities in Medica TS Hospital Private Limited. Consideration of ₹1.49 crore. On completion of the aforesaid acquisition, Tata Steel Limited holds 100% stake in equity.
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What happened
Fact
₹10/- each of VRPL, at fair valuation obtained from a Registered Valuer. Consequently, the Company’s shareholding in VRPL has increased by 4.11%, i.e., from 73.28% to 77.39%.
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What happened
Fact
Scheme of Arrangement. Regulations 2015 in respect of Scheme of Arrangement between Penna Cement. Industries Limited (“Transferor Company”) and Ambuja Cements Limited.
