SPV Global Trading Ltd — Important, 08-01-2026: Company Update
08-01-2026 | 03:15 pm
08-01-2026 | 03:15 pm
SPV Global Trading Limited's Board has approved the sale of its entire 54.90% stake, comprising 2,279,410 equity shares, in its material subsidiary, Rashtriya Metal Industries Limited. The sale is expected for not less than INR 1,325 per share, totaling at least 302.02 Cr. This subsidiary contributed 97.36% to SPV Global's consolidated turnover (885.95 Cr) and 98.55% to its net worth (297.49 Cr) in the last financial year. The company aims to complete the transaction by June 30, 2026, after identifying a non-promoter buyer. This move will significantly impact SPV Global's financial structure.
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