Emkay Global Financial Services: The Board has approved to enter into a Business Transfer Agreement (BTA) with Emkay Wealth Advisory Limited,…
Emkay Global Financial Services (EMKAY) filed a disclosure titled "The Board has approved to enter into a Business Transfer Agreement (BTA) with Emkay Wealth Advisory Limited, for the". The company is valued at about ₹740 crore.
What happened
Emkay Global Financial Services (EMKAY) filed a disclosure with the exchanges on 28 October 2026 at 08:12 PM titled "The Board has approved to enter into a Business Transfer Agreement (BTA) with Emkay Wealth Advisory Limited, for the".
Company snapshot
Emkay Global Financial Services is a micro-cap company, with a market value of about ₹740 crore.
The stock last traded at ₹270.8, against a 52-week range of ₹186–₹335 (19.2% below the high).
Before this filing the shares had moved +0.1% over the month and +13.1% over three months. Average daily turnover over the last 20 sessions was about ₹1.96 crore.
Promoters held 72.83% at the end of Q1 FY27, up 0.62% points from the previous quarter. Foreign institutions owned 0.75% and domestic institutions 0.01%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 73 | 4.8 | 1.88 |
| Q2 FY26 | 72 | 0.5 | 0.18 |
| Q3 FY26 | 87 | 4.8 | 1.68 |
| Q4 FY26 | 148 | 5.7 | 2.2 |
| Q1 FY27 | 92 | 9.1 | 3.39 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
Market-wide, 2,174 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 28 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Emkay Global Financial Services Limited Estimates – NSE:EMKAY
- Technical Research : Weekly technical note by Emkay Global Financial Services
- Add LTM Ltd for the Target Rs 4,450 by Emkay Global Financial Services Ltd
- RBI may raise interest rates by 50 bps by February 2027, says Emkay
- Reduce Tech Mahindra Ltd for the Target Rs 1,500 by Emkay Global Financial Services Ltd
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.