Markets◆ Mixed
Virat Kohli's One8 Merger Boosts Agilitas Stake To 6.4%; Sportswear Brand Eyes Rs 3,000 Crore
NCLT is in focus.
· NDTV Profit
NCLT approval for One8's merger with Agilitas Sports lifts Virat Kohli's stake to 6.4%. The company targets Rs 3,000 crore in revenue over the next four to six years.
The analysis
NCLT reported Rs 3,000 Crore, with movement of 6.4% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With NCLT involved, this carries a regulatory dimension that can outlast the immediate market reaction.