Latest announcements

Vashu Bhagnani Industries Merger & Restructuring Worth ₹10.09 Cr

Vashu Bhagnani Industries Ltd has invested ₹10.09 Crore in its wholly-owned subsidiary, Modern Productions FZ LLC, UAE. The capital infusion will enhance working capital and support entry into real estate ventures. The transaction, involving the subscription of 4,419 shares, is expected to be completed within FY 2026-27.

Value

₹10.09 Cr

Execution

Within a FY 26-27

Jio Financial Services Merger & Restructuring Worth ₹300 Cr

Jio Financial Services Limited invested ₹300 Crore in its wholly-owned subsidiary, Jio Finance Platform and Service Limited (JFPSL). The company subscribed to 30 crore equity shares at par to fund JFPSL's business operations. Total aggregate investment in JFPSL now stands at ₹335 Crore.

Value

₹300.0 Cr

EFC (I) Merger & Restructuring

EFC (I) Limited incorporated a new wholly-owned subsidiary, EFC Estate Wakadewadi 1 Private Limited, on May 6, 2026. The subsidiary will operate in the real estate service sector, specifically managing commercial property in Pune. The initial subscription cost is ₹1,000 for 100% shareholding.

Bajaj Auto Merger & Restructuring Worth ₹5,633 Cr

Bajaj Auto Limited has approved a buyback of up to 4,694,000 equity shares at a price of ₹12,000 per share, totalling ₹5,633 Crore. The buyback represents 1.68% of its total paid-up equity capital and will be executed via a tender offer route, subject to shareholder approval.

Value

₹5,633 Cr

Vikran Engineering Merger & Restructuring Worth ₹0.01 Cr

Vikran Engineering Limited incorporated a new wholly-owned subsidiary, Vikran For Good Foundation, on May 4, 2026. The Section 8 company was formed with a cash consideration of ₹0.01 Crore to undertake CSR initiatives in healthcare, education, and environmental sustainability.

Value

₹0.01 Cr

Sarla Performance Fibers Merger & Restructuring

Sarla Performance Fibers Limited has scheduled a board meeting on May 11, 2026, to consider a proposal for a buyback of its fully paid-up equity shares. Trading window for designated persons has been closed from April 01, 2026.

Dabur India Merger & Restructuring Worth ₹0.09 Cr

Dabur India Limited's subsidiary, Dabur International Limited, is incorporating a new step-down subsidiary, Trustline Brands Inc., in Delaware, USA. The entity will handle FMCG sales and distribution with a share capital of USD 10,000 (approx. ₹0.10 Crore). The incorporation is expected to be completed tentatively by May 31, 2026.

Value

₹0.09 Cr

Raymond Realty Merger & Restructuring Worth ₹0.01 Cr

Raymond Realty Limited is incorporating a new wholly-owned subsidiary, Ten X Realty South Limited, in Maharashtra. The parent company will subscribe to 10,000 equity shares for ₹0.01 Crore. The new entity will focus on real estate operations, aligning with the group's sector expansion.

Value

₹0.01 Cr

Lloyds Metals & Energy Merger & Restructuring Worth ₹2.56 Cr

Lloyds Metals and Energy Limited is incorporating a new step-down subsidiary, Lloyds Panguna Metals and Energy Limited, for ₹2.56 Crore. The entity will serve as a dedicated vehicle for mining agreements regarding the Panguna Mine in Papua New Guinea. The incorporation is expected to be completed by June 2026.

Value

₹2.56 Cr

Execution

Expected to complete by end of June, 2026

Transworld Shipping Lines Merger & Restructuring Worth ₹45.6 Cr

Transworld Shipping Lines Limited signed a Memorandum of Agreement to sell its vessel 'M.V. SSL Bharat' to Avana Logistek Limited. The transaction is valued at US$ 4.8 million (approximately ₹45.60 Crore). This divestment of a company-owned asset is part of the firm's strategic vessel management operations.

Value

₹45.60 Cr

Cigniti Technologies Merger & Restructuring

Cigniti Technologies has amalgamated with Coforge. The Board fixed May 16, 2026, as the record date to determine eligibility for Cigniti shareholders to receive new Coforge equity shares in a 1:1 exchange ratio.

EMA Partners India Merger & Restructuring Worth ₹7.25 Cr

EMA Partners India Limited announced a share buyback of up to 7,25,000 equity shares at ₹100 per share, totaling ₹7.25 Crore. The buyback, conducted via a tender offer, opens on May 07, 2026, and closes on May 13, 2026. This move aims to return surplus cash to shareholders and improve return on equity.

Value

₹7.25 Cr

Execution

5 working days

Raymond Realty Merger & Restructuring Worth ₹0.01 Cr

Raymond Realty Limited approved the incorporation of a new wholly owned subsidiary, Ten X Realty South Limited, with an initial investment of ₹0.01 Crore. The subsidiary will focus on real estate projects to explore new opportunities and mitigate project-specific risks.

Value

₹0.01 Cr

Vikran Engineering Merger & Restructuring Worth ₹0.01 Cr

Vikran Engineering Limited incorporated 'VIKRAN For Good Foundation' as a wholly owned Section 8 subsidiary on May 4, 2026. The new entity, with a paid-up capital of ₹0.01 Crore, will undertake the company's charitable and CSR initiatives.

Value

₹0.01 Cr

Vikran Engineering Merger & Restructuring Worth ₹0.01 Cr

Vikran Engineering Limited has incorporated a wholly owned subsidiary, Vikran Renewable Private Limited, with a paid-up capital of ₹0.01 Crore. The new entity will focus on developing and operating integrated renewable energy projects, aligning with the company's long-term business strategy in the green energy sector.

Value

₹0.01 Cr

Kriti Industries (India) Merger & Restructuring

Kriti Industries (India) Limited approved the merger of its wholly owned subsidiary, Kriti Auto & Engineering Plastics Private Limited, into itself. The move aims to simplify group structure and reduce administrative costs. No cash consideration is involved as the transferor is a 100% subsidiary. The subsidiary has discontinued its business operations.

Prevest Denpro Merger & Restructuring Worth ₹1.25 Cr

Prevest Denpro Ltd's board approved an investment of up to AED 500,000 (₹1.25 Crore) in its wholly-owned subsidiary, Prevest Denpro Gulf General Trading LLC. The investment, to be completed by March 2028, aims to expand overseas business operations in the UAE.

Value

₹1.25 Cr

Execution

Upto March 2028

Sakthi Sugars Merger & Restructuring

ABT Investments (India) Private Limited has ceased to be the holding company of Sakthi Sugars Limited after transferring 1,68,60,000 shares to Dr. M. Manickam. Its shareholding reduced from 55.93% to 41.75%. Consequently, Sakthi Sugars Limited has transitioned from a subsidiary to an associate company of ABT Investments.

Shoppers Stop Merger & Restructuring Worth ₹40 Cr

Shoppers Stop Limited approved a ₹40 Crore capital infusion into its wholly-owned subsidiary, Global SS Beauty Brands Limited (GSBBL). The investment will be made in tranches via preference shares to fund GSBBL's beauty retail expansion and working capital requirements through FY 2026-27.

Value

₹40.00 Cr

Execution

Within financial year 2026-27

Sobhagya Mercantile Merger & Restructuring Worth ₹0.1 Cr

Sobhagya Mercantile Ltd incorporated a new subsidiary, Vadakhol Asoli Mining Private Limited, in Nagpur with a paid-up capital of ₹0.10 Crore. The company holds a 60% stake, with the remaining 40% held by Caliber Mining and Logistics Limited. This move supports the company's growth strategy in composite mining.

Value

₹0.10 Cr

Aequs Merger & Restructuring Worth ₹9.23 Cr

Aequs Limited invested ₹9.23 Crore in its wholly owned subsidiary, Aequs Engineered Plastics Private Limited, via a rights issue. The capital will fund working capital and operational requirements.

Value

₹9.23 Cr

TechD Cybersecurity Merger & Restructuring Worth ₹0.01 Cr

TechD Cybersecurity Limited incorporated a wholly-owned subsidiary, TECHD GLOBAL IFSC PRIVATE LIMITED, in GIFT City, Gujarat. The new entity has a paid-up capital of ₹0.01 Crore and will focus on expanding the group's international cybersecurity operations and strategic investments.

Value

₹0.01 Cr

Kriti Industries (India) Merger & Restructuring

Kriti Industries (India) Limited has approved the merger of its wholly-owned subsidiary, Kriti Auto & Engineering Plastics Private Limited, with itself. The consolidation aims to simplify group structure and achieve economies of scale. No cash consideration or new shares are involved as the transferor is a 100% subsidiary. The merger is subject to necessary regulatory approvals.

Hexaware Technologies Merger & Restructuring Worth ₹5,902 Cr

Hexaware Technologies Limited completed an internal merger of its wholly owned US subsidiaries, Softcrylic LLC and Hexaware Technologies Inc, effective May 1, 2026. The entities had a combined FY2025 turnover of ₹5897.45 Crore. This consolidation aims to leverage complementary technology services under unified management without changing the parent company's ultimate ownership.

Value

₹5,902 Cr

Clean Max Enviro Energy Solutions Merger & Restructuring

Clean Max Enviro Energy Solutions Limited is selling 2,600 shares of its wholly owned subsidiary, Clean Max Yuhdul Private Limited, to TATA Communications Limited for INR 26,000. The transaction is expected to be completed by June 30, 2026. The subsidiary was recently incorporated and has not contributed to the parent's revenue.

Execution

On or before 30 June 2026

Meghmani Organics Merger & Restructuring

Meghmani Organics Limited (MOL) has received approval for a Scheme of Amalgamation to merge Kilburn Chemicals Limited and Meghmani Crop Nutrition Limited into itself. The NCLT-convened meeting of shareholders is scheduled for June 6, 2026. This restructuring aims to consolidate group operations and streamline the corporate structure subject to final regulatory and tribunal approvals.

Computer Age Management Services Merger & Restructuring Worth ₹20 Cr

Computer Age Management Services Limited (CAMS) approved a ₹20 Crore cash investment in its wholly owned subsidiary, CAMS Financial Information Services Private Limited. The capital infusion will be made in tranches to support the subsidiary's business as an Account Aggregator NBFC.

Value

₹20.00 Cr

Execution

One or more tranches

Addictive Learning Technology Merger & Restructuring

Addictive Learning Technology Limited has completed the dissolution of its wholly-owned Canadian subsidiary, Addictive Learning Technology Inc., effective May 1, 2026. The subsidiary was previously a dormant entity.

Inox Green Energy Services Merger & Restructuring

Inox Green Energy Services Limited's Scheme of Arrangement with Inox Renewable Solutions Limited became effective on May 4, 2026. Both entities have filed the Hon’ble NCLT Ahmedabad Bench's order with the Registrar of Companies. The appointed date for this demerger scheme is October 1, 2024, facilitating corporate restructuring and value unlocking for shareholders.

Cryogenic OGS Merger & Restructuring Worth ₹0.05 Cr

Cryogenic OGS Limited has incorporated a new subsidiary, INFRAVOLT ENGINEERING PRIVATE LIMITED, in India. The subsidiary, focused on engineering and precision components, has a paid-up capital of ₹0.05 Crore. Cryogenic OGS Limited holds a 51% majority stake in the new entity.

Value

₹0.05 Cr