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Alankit Limited M&A Activity 2018

Nov 2, 2018

62549_rns_2018-11-02_ca22de56-923a-4a10-8930-a570e1d7fabe.pdf

M&A Activity

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the listed entity);
5. Brief details of any governmental or Not required/Applicable
regulatory approvalsrequiredfor
the acquisition
6. Indicativetimeperiodfor 05.11.2018
completion ofthe acquisition
7. Nature of consideration- whether Cash consideration.
cashconsiderationor share swap
and details ofthe same
8. Cost of acquisitionor the price at At Rs.22/— each
which the shares are acquired
9. Percentage of shareholding/ control 49%
acquired and / or number of shares
acquired
10. Brief backgroundabout the entity AlankitTechnologies Limited, a Company
acquired in terms of products/line of incorporated under Companies Act, 1956 on 06"l
businessacquired,dateof January, 1992.
incorporation, history of last 3 years (Rs. ln Lakhs)
turnover,countryinwhichthe Particulars FY 15-16 FY 16-17 FY 17-18
acquired entityhaspresenceand Revenue 11.27 1.42 510
any other significant information (in from
brief]; Operations
PAT 0.16 0.19 2.56
Any other Country in which Alankit Technologies
Limited has presence-N_il