Eyantra ventures surges on getting nod to incorporate wholly owned subsidiary in USA
Eyantra ventures is currently trading at Rs. 1372.00, up by 15.95 points or 1.18% from its previous closing of Rs. 1356.05 on the BSE.
The scrip opened at Rs. 1390.00 and has touched a high and low of Rs. 1418.10 and Rs. 1362.00 respectively. So far 562 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1418.10 on 11-Feb-2025 and a 52 week low of Rs. 734.95 on 25-Jul-2024.
Last one week high and low of the scrip stood at Rs. 1418.10 and Rs. 1171.50 respectively. The current market cap of the company is Rs. 279.14 crore.
The promoters holding in the company stood at 67.16%, while Non-Institutions held 32.84% stake in the company.
Eyantra Ventures has received approval for the incorporation of a Wholly Owned Subsidiary (WOS) of the company in Massachusetts, United States of America (USA), in the name and style EYANTRA VENTURES INC or any other name as may be approved by concerned authorities in Massachusetts, USA. The Board of Directors of the company at its meeting held on February 10, 2025, has inter alia approved the same.
The proposed share capital of the WOS is $1,000 divided into 1000 shares of $1 each. The WOS company once incorporated will be a related party of the company. The proposed WOS will belong to Information Technology Consultancy industry and it will help to leverage new growth opportunities in the US markets.
Eyantra ventures (formerly known as Punit Commercials) is the largest B2B Corporate Gifting and Custom Merchandise solution provider in India.
