Ashika Global Securities Merger & Restructuring Worth ₹3,000 Cr

Ashika Global Securities Acquisition

Ashika Global Securities completed acquisition of 26% equity in Resurgent India Rating Private Limited, making it an associate company. The Annexure states cash consideration of Rs. 26,000 at face value.

Ashika Global Securities Board Meeting Date

Ashika Global Securities intimated that its Board meeting is scheduled for 31 Oct 2026 to consider Q1 and H1 FY27 financial results. No financial figures or material decisions are reported in this advance notice.

Ashika Global Securities Other Announcement

Ashika Global Securities filed a quarterly declaration confirming its website is functional under Regulation 46 of SEBI LODR. This is routine compliance paperwork with no business or financial substance.

Ashika Global Securities Credit Rating

CARE Ratings upgraded the credit ratings of Ashika Global Securities Limited's material subsidiary, Ashika Stock Services Limited. The upgrade applies to multiple bank facilities and commercial paper.

Ashika Global Securities Other Announcement

Ashika Global Securities Limited has appointed J K V S & Co., Chartered Accountants, as the company's Statutory Auditor for a term of 36 months.

Ashika Global Securities Annual General Meeting

Ashika Global Securities held its 33rd Annual General Meeting on September 19, 2026. All resolutions, including dividend declaration and QIP fund-raising approval, were passed.

Quint Digital Merger & Restructuring

Quint Digital's board approved a Rule 10b5-1 trading plan and the incorporation of a wholly owned overseas subsidiary. No investment amount was disclosed.

Hexaware Technologies Merger & Restructuring

Hexaware Technologies approved a slump sale of its step-down subsidiary Tech SMC Square India to Tech SMC Squared (GCC) India, a related-party deal. Consideration is cash, yet to be set by a registered valuer.

Execution

Expected completion by 30 June 2027; agreement date stated as 1 December 2026

Emkay Global Financial Services Merger & Restructuring Worth ₹2.75 Cr

Emkay Global agreed to sell its Wealth Management Business to a step-down subsidiary, Emkay Wealth Advisory, for Rs. 2.75 Crore cash. Completion is expected by 26 January 2027.

Value

₹2.75 Cr

Execution

Completion expected by 26 January 2027

TVS Holdings Merger & Restructuring

TVS Holdings forwarded TVS Motor's board outcome of October 28, 2026 approving acquisition of Harita ARC and a composite scheme of amalgamation and demerger. The scheme is subject to stock exchange, SEBI, NCLT and shareholder approvals.

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value

₹30.00 Cr

Execution

Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals

Fortis Healthcare Merger & Restructuring Worth ₹277 Cr

Fortis subsidiary International Hospital acquired Suguna Ramaiah Hospitals' business, operations, land and building for Rs 277 Crore cash. The deal was consummated today, strengthening Bengaluru presence.

Value

₹277.0 Cr