Elgi Rubber Company Merger & Restructuring Worth ₹12 Cr

Elgi Rubber Company Merger & Restructuring

Elgi Rubber Company Limited updated the exchange on the ongoing voluntary deregistration of its Australian subsidiary, Pincott International Pty Limited. No financial consideration is involved.

Elgi Rubber Company Merger & Restructuring Worth ₹12 Cr

Elgi Rubber Company Limited sold land and buildings in Ranga Reddy, Telangana for ₹12 Crore to Vega Elite LLP.

Value

₹12.00 Cr

Elgi Rubber Company Annual General Meeting

Elgi Rubber Company Limited held its 20th Annual General Meeting via video conferencing on August 27, 2026, to conduct ordinary and special business.

Elgi Rubber Company Merger & Restructuring Worth ₹6.08 Cr

Elgi Rubber Company Limited's board approved the voluntary winding-up of its inoperative wholly-owned subsidiary, Pincott International Pty Limited. The closure has no material impact on company financials.

Value

₹6.08 Cr

Elgi Rubber Company Merger & Restructuring Worth ₹0.75 Cr

Elgi Rubber Company is initiating voluntary winding up of its dormant, non-material wholly-owned subsidiary in Kenya. This closure has no material financial impact on the company.

Value

₹0.75 Cr

Execution

Expected by 2027-03-31

Elgi Rubber Company Merger & Restructuring Worth ₹1.66 Cr

Elgi Rubber Company approved reversing Rs.1.66 Crore of interest receivable from its overseas subsidiaries to reduce their interest burden and improve financial positions.

Value

₹1.66 Cr

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