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CIE Hosur Limited sold its 27.89% stake in Ojha Renewables to CSE Development. The transaction value is ₹1.62 Crore.
CIE Automotive India Limited has approved the merger by absorption of its wholly-owned subsidiary, CIE Aluminium Casting India Limited. No new shares will be issued as part of this restructuring. The merger aims to drive operational efficiencies, create marketing synergies, and strengthen the company's financial position through consolidation.
CIE Automotive India Limited's board approved the merger of its wholly owned subsidiary, CIE Aluminium Casting India Limited, into itself. The move aims to consolidate businesses and enhance operational efficiencies. As a merger of a wholly owned subsidiary, no new shares will be issued, and the subsidiary's share capital will be cancelled.