ISGEC Heavy Engineering Merger & Restructuring Worth ₹4 Cr

ISGEC Heavy Engineering Board Meeting Date

Isgec Heavy Engineering intimated a board meeting for November 4, 2026, to consider half-yearly financial results. This is an advance scheduling notice with no transaction reported.

ISGEC Heavy Engineering Credit Rating

ICRA reaffirmed [ICRA]A (Stable)/[ICRA]A2+ rating for Isgec Hitachi Zosen's bank limits. No change in the credit rating versus prior year.

ISGEC Heavy Engineering Other Announcement

Isgec Heavy Engineering Limited submitted its Reconciliation of Share Capital Audit Report for the quarter ended September 30, 2026. The report confirms the company's issued and listed capital match.

ISGEC Heavy Engineering Debt & Borrowing: ₹61 Cr

Isgec Heavy Engineering Ltd issued letters of comfort for Rs. 61 Crore in favour of its subsidiary, Isgec Titan Metal Fabricators Private Limited, to support working capital.

Value

₹61.00 Cr

ISGEC Heavy Engineering Management Change

Isgec Heavy Engineering Limited has appointed Ms. Mahua Chakrabarty as Chief Human Resources Officer, effective October 01, 2026.

ISGEC Heavy Engineering Other Announcement

ISGEC Heavy Engineering Ltd was assigned an ESG rating of 57 by Crisil ESG Ratings. The rating was independently prepared by Crisil based on public data.

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