Announced Thu, 9 Jul · 16:08 IST
E Trav Tech proposes to sell 51 percent plus stake in Aqylon Nexus
Board & Shareholder Meetings View source PDF
AQYLON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹38.00
prior close
₹39.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.3+0.9+0.9+3.7+1.3-4.1-7.9-12.0-20.6————
Up moveDown movePending
AI summary
Aqylon Nexus board acknowledged a proposal from E Trav Tech Limited to sell its 51 percent or more stake in the company. Board authorized a director to appoint valuers and independent professionals to carry out valuation and due diligence for the proposed transaction. Remaining agenda items from the board meeting notice have been deferred and will be taken up later. Further disclosures will follow as per SEBI LODR rules once a final decision is taken.
Likely market impact
Potential change of control as a majority stake sale is being explored. Stock may see volatility; an open offer could be triggered if SEBI takeover rules apply.