Announced Fri, 7 Aug · 16:24 IST
Cosmic CRF deposits Rs 60 Cr towards Amzen Transportation CIRP acquisition
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
-3.5%1-day move
₹1334.95
prior close
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base price
After-mkt
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AI summary
Cosmic CRF has deposited Rs 60 Crores as security deposit to acquire Amzen Transportation Industries through the CIRP insolvency process. This includes Rs 31.60 Crores paid via RTGS to secured financial creditors UCO Bank and Prudent ARC on Aug 6, and Rs 28.40 Crores as performance security via bank guarantee issued on Aug 7, following the Letter of Intent dated July 30, 2026.
Likely market impact
Positive for shareholders: signals concrete progress on acquiring Amzen Transportation via CIRP, potentially adding new business capacity.