Crest Ventures Limited — JV/Acquisition, 18-12-2025: Demerger
18-12-2025 | 07:52 pm
18-12-2025 | 07:52 pm
Crest Ventures' board has approved demerging its Financial Services Business into Crest Capital and Investment Limited (CCIL). This strategic move aims to create a focused financial services entity, enabling specialized growth strategies and attracting distinct investors. The demerger seeks to unlock value and simplify the group structure for shareholders.
Shareholders of Crest Ventures will receive 1 fully paid share of CCIL for every 2 shares held. This share swap ratio was determined based on a valuation report. CCIL is proposed to be listed on BSE and NSE. The demerged Financial Services Business reported a turnover of INR 28.58 Cr for FY25 and INR 15.28 Cr for H1 FY26.
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