EMS Limited increases stake in Mirzapur Ghazipur STPs Private Limited to 74%
EMS Limited has announced the acquisition of an additional equity stake in Mirzapur Ghazipur STPs Private Limited, increasing its control in the subsidiary company. The company acquired 140 Equity Shares, representing a 14 percent stake in the entity. Following this transaction, EMS Limited will hold 74 percent of the paid up share capital in Mirzapur Ghazipur STPs Private Limited.The acquisition is being completed through a Share Purchase Agreement (SPA). The cost for acquiring the shares was Rs. 26.08 Lakhs, equating to Rs. 18,629 per share, as per the Valuation Report received from the Registered Valuer. The consideration for the purchase will be paid in cash.
Mirzapur Ghazipur STPs Private Limited, which is engaged in the business of Development and Installation of Sewage Treatment Plants (STPs), was incorporated on March 15, 2021. The company operates in the same sector as EMS Limited, with the acquisition aimed at increasing control and supporting revenue generation.
Details regarding the financial performance of Mirzapur Ghazipur STPs Private Limited over the past three fiscal years are presented below:
| Financial Metric (in Lakhs) | FY 2023-24 | FY 2024-25 | FY 2025-26 |
|---|---|---|---|
| Turnover | 7,876.35 | 2,303.76 | 2,086.02 |
| Profit After Tax (PAT) | 0.92 | 1.75 | 109.80 |
| Net Worth | 109.78 | 111.52 | 221.32 |
The acquisition is expected to be completed within a timeframe of 30-90 Days.
EMSLIMITED Stock Price Movement
EMS Limited shares rallied today, closing at ₹411.50 after the stock gained 6.64%. The equity maintained a strong performance throughout the session, trading within an intraday range spanning from ₹381.20 to ₹419.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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