JV/AcquisitionAcquisition
EMS Limited has completed the acquisition of 6,000 equity shares, representing a 60% stake in Brijbihari Pulp and Paper Private Limited, for an aggregate amount of Rs. 7.75 Crores, at a premium of Rs. 12,905 per share.
EMS LimitedEMSLIMITED · Filed with the exchange
This strategic move positions Brijbihari as a subsidiary of EMS Limited, enhancing the company’s market presence and operational capabilities in the pulp and paper sector.
The acquisition is expected to contribute positively to EMS's financial performance and shareholder value moving forward.
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