Post Amalgamation, equity capital will go up & the parent will hold 71.05 % stake.
Now unlisted companies catering to BFSI & non BFSI segments are cash rich & have higher margins. The engineering division, despite the hype have lower margins & there is indeed a proposal to sell out the engineering division & focus on the BFSI & Non BFSI segments where margins are substantially higher.
Amalgamation is a win ,win situation for both the parent & shareholders & will transform Expleo from small cap to Midcap.
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