Valuation Report for preferential issue of 4275900 Equity Shares of Rs. 10/- each
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City Pulse Multiventures Ltd has submitted a new valuation report from Registered Valuer Jainam Pragneshbhai Shah for issuing 42,75,900 equity shares of Rs. 10 each on a preferential basis. These shares will be issued through a share swap to acquire 3,56,336 equity shares of Matrubharti Technologies Private Limited. The fair value per share has been determined at Rs. 358.00, and the company has confirmed there is no change in the issue price. This filing is in continuation of an earlier submission dated 29.06.2025 for the same acquisition. The valuation was done using three approaches — Price Earning Capacity Method (weighted 75%), Market Approach (15%), and Net Asset Value Method (10%).
This is a procedural regulatory filing for an ongoing acquisition of Matrubharti Technologies via share swap. Existing shareholders should note potential dilution from the issuance of 42,75,900 new equity shares once completed, though no cash outflow is involved since it's a share swap transaction.