DRC Systems India Merger & Restructuring Worth ₹1.02 Cr

DRC Systems India Business Update

DRC Systems achieved CMMI Level 5 appraisal for its Software Development and Enterprise Solutions division. The milestone is a quality certification with no financial value disclosed.

DRC Systems India Q2 FY27 Results: Net Profit ₹4.1 Cr, Down 2.4% YoY

DRC Systems India Ltd reported revenue from operations of ₹21.3 Cr (-6.6% YoY) and net profit of ₹4.1 Cr (-2.4% YoY) for Q2 FY27.

Key figure

Net profit ₹4.1 Cr · -2.4% YoY

DRC Systems India Board Meeting Date

DRC Systems India Limited has scheduled a board meeting on October 26, 2026, to consider and approve the unaudited financial results for the quarter ended September 30, 2026.

DRC Systems India Acquisition Worth ₹2 Cr

DRC Systems approved acquisition of 49% in Skizzle for up to ₹2 Crore and divestment of Inexture stake for ₹1.02 Crore. Skizzle becomes an Associate Company post-transaction.

Value

₹2.00 Cr

Execution

on or before March 31, 2027

DRC Systems India Other Announcement

The company submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.

DRC Systems India Annual General Meeting

DRC Systems filed proceedings of its 14th AGM held on 17 September 2026. All resolutions including adoption of financials and director re-appointments were transacted.

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

Vraj Iron & Steel Merger & Restructuring Worth ₹4.55 Cr

Vraj Iron and Steel transferred 396,000 MVK Industries shares to promoter Gopal Sponge for Rs 4.55 Crore. The sale was completed on October 28, 2026.

Value

₹4.55 Cr