Corporate News     09-Nov-22
Indiamart subsidiary to pare stake in ProcMart
Tradezeal Online, a wholly owned subsidiary of Indiamart Intermesh has agreed to sell 4,850 equity shares of Instant Procurement (hereinafter referred as ‘ProcMart') amounting to Rs 13.62 crore.

Consequent to the above transaction and subscription of shares by the new investors in ProcMart, the shareholding of Tradezeal shall be 19.5% on fully diluted basis.

Previous News
  Indiamart Intermesh consolidated net profit declines 2.79% in the March 2023 quarter
 ( Results - Announcements 28-Apr-23   16:41 )
  Indiamart Intermesh fixes record date for bonus issue
 ( Market Beat - Reports 28-Apr-23   17:05 )
  Indiamart Intermesh fixes record date for final dividend
 ( Market Beat - Reports 28-Apr-23   17:03 )
  IndiaMART InterMESH rises after divesting 30% stake in Ten Times Online
 ( Hot Pursuit - 17-Mar-23   11:31 )
  Indiamart Intermesh acquires 10% stake in Baldor Technologies (IDfy)
 ( Corporate News - 29-May-24   18:42 )
  IndiaMART InterMESH Q4 PAT decline 3% YoY to Rs 56 cr; board Oks 1:1 bonus shares
 ( Hot Pursuit - 28-Apr-23   16:18 )
  Indiamart Intermesh revises record date for bonus issue
 ( Market Beat - Reports 04-May-23   16:48 )
  Indiamart Intermesh to divest 30% stake in Ten Times Online
 ( Corporate News - 17-Mar-23   09:39 )
  Volumes soar at UTI Asset Management Company Ltd counter
 ( Hot Pursuit - 19-Dec-22   11:00 )
  Indiamart Intermesh opens QIP issue on 17 Feb
 ( Corporate News - 18-Feb-21   09:17 )
  Volumes soar at Timken India Ltd counter
 ( Hot Pursuit - 02-Jul-20   11:00 )
Other Stories
  Knowledge Marine wins work order for Dredging Corporation of India
  03-Oct-24   12:35
  Board of Bajaj Steel approves bonus issue of 3:1
  03-Oct-24   12:33
  NIIT allots 75,000 equity shares under ESOP
  03-Oct-24   12:01
  Five-Star Business Finance allots 10,120 equity shares under ESOP
  03-Oct-24   12:00
  J Kumar Infraprojects bags MMRDA road project of Rs 1847.72 cr
  03-Oct-24   11:53
  EFC announces incorporation of two new step down subsidiaries
  03-Oct-24   11:43
  Utkarsh Small Finance Bank appoints Mary Kom and Sunil Chhetri as its brand ambassadors
  03-Oct-24   11:41
  ITD Cementation India wins order of Rs 1,937 cr
  03-Oct-24   10:35
  NIIT Learning Systems allots 1,666 equity shares under ESOP
  03-Oct-24   10:30
  Ashoka Metcast to discuss results
  03-Oct-24   10:29
Back Top