KDLNSEKORE DIGITAL LIMITEDMediumNeutral
Announced Wed, 14 Oct, 2026 · 20:58 IST

Disposed three subsidiaries that made up most of its revenue

Core Business DivestedStrategic Transactions View source PDFExplain this filing

KDL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-4.9%Reaction day
₹31.50
prior close
₹29.95
announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-3.3% vs market

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Kore Digital has disposed three subsidiaries (Franken Telecom, Wolter Infratech, KDL Realinfra) by transferring 98 percent stake back to the original shareholders at the same price originally paid. The three together contributed about 84.6 percent of FY26 consolidated turnover (over Rs. 34,558 lakhs). Total consideration received was only Rs. 1.96 lakhs in cash. Transaction completed on September 28, 2026.

Likely market impact

Company has shed nearly all its revenue base. Investors should ask what business remains and why these subsidiaries are being rolled back to original owners.