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Delta Corp Ltd Industry :  Recreation / Amusement Parks
BSE Code
532848
ISIN Demat
INE124G01033
Book Value (Rs)
85.3194066
NSE Symbol
DELTACORP
Divident Yield %
1.01
Market Cap
(Rs In Cr.)
3,299
P/E (TTM)
16.04
EPS (TTM)
7.68
Face Value
(Rs)
1
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Delta Corp to divest its stake in Caravella Entertainment
20-Feb-24   Hrs IST

Delta Corp announced the  divestment of its holding involving its 100% subsidiary, Caravella Entertainment (CEPL). CEPL in turn holds an 89.286% stake in Deltin Nepal (DNPL).

The divestment represents an enterprise value of Rs 80 crore comprising of Rs 18 crore of parent debt and Rs 62 crore of equity value on a nominal investment of  Rs 1 lakh equity.

The stake sale aligns with DCL's vision to optimize its portfolio and enhance shareholder value.

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