EMS gains on getting nod to acquire 100% stake in M/s EMS Realtech
EMS is currently trading at Rs 555.70, up by 3.35 points or 0.61% from its previous closing of Rs 580.60 on the BSE.
The scrip opened at Rs 560.05 and has touched a high and low of Rs 570.00 and Rs 551.10 respectively. So far 3258 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52-week high of Rs 1016.85 on 18-Dec-2024 and a 52-week low of Rs 550.00 on 09-May-2025.
Last one week high and low of the scrip stood at Rs 593.70 and Rs 551.00 respectively. The current market cap of the company is Rs 3081.96 crore.
The promoters holding in the company stood at 69.70%, while Institutions and Non-Institutions held 0.55% and 29.74% respectively.
EMS has received approval for acquisition of 10,000 equity shares, representing 100% stake, of M/s EMS Realtech. Post transaction, the M/s EMS Realtech will become wholly owned subsidiary of the company. The M/s EMS Realtech is engaged into Real Estate Business. The board of directors in their meeting held on August 12, 2025 considered and approved the same.
EMS is in the business of Sewerage solution provider, Water Supply System, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works, operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies.
