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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 |
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