CCME Global buys CCME in ~$20M share-based deal, takes majority stake in Interlink
What's the deal? CCME GlobalDealroom has a profile for this one. Try Dealroom →, formerly Genesis IBRC IndiaDealroom has a profile for this one. Try Dealroom →, has acquired CCMEDealroom has a profile for this one. Try Dealroom → through a share issuance and taken a 52% stake in InterlinkDealroom has a profile for this one. Try Dealroom →. It issued 196,092,244 shares worth US$26.6M for CCME, and 20,342,244 shares worth US$27.6M for the Interlink stake.
Why now? The transactions come alongside a broader corporate overhaul. CCME Global is relocating its registered office from Eluru, Andhra Pradesh, to Mumbai, Maharashtra, to align with its operational and management functions.
What's the endgame? Beyond consolidating the two businesses under one entity, the company plans a 1:10 share split to boost liquidity. That would cut the face value per share from US$0.14 to US$0.01, with completion expected in fiscal year 2026-2027.
The signal: Paying for acquisitions with equity rather than cash lets CCME Global expand its footprint while conserving capital — and folding in a majority stake in Interlink signals a push to build scale quickly.
Read more: balajiequities.com
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