Deep Diamond
4.27
0.00(0.00%)
Market Cap₹41.00 Cr
PE Ratio61.00
Company Performance:
1D0.00%
1M+8.65%
6M+1.91%
1Y-52.82%
5Y+231.01%
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More news about Deep Diamond
26Mar 25
NCLT Approves Deep Diamond's ₹43.15 Crore Acquisition of Oasis Ceramics
The National Company Law Tribunal (NCLT) has approved Deep Diamond India Limited's resolution plan to acquire Oasis Ceramics Private Limited for ₹431.5 million. The plan, unanimously supported by creditors, outlines settlements for various stakeholders, including secured and unsecured creditors. Deep Diamond commits to implementing the plan within six months, with a monitoring committee overseeing the process. The acquisition marks a diversification move for Deep Diamond, recently focused on pharmaceuticals, and showcases the effectiveness of India's Insolvency and Bankruptcy Code in corporate restructuring.
Deep Diamond
4.27
0.0
(0.0%)
1 Year Returns:-52.82%
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