Transrail Lighting Acquisition Worth ₹20 Cr
Transrail Lighting Limited will acquire a 49% equity stake in NOPL Pace Green Energy Private Limited for a cash consideration of up to ₹20 crore.
- Value
- ₹20.00 Cr
- solar power portfolio capacity
- 990.0 MW
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Transrail Lighting Limited will acquire a 49% equity stake in NOPL Pace Green Energy Private Limited for a cash consideration of up to ₹20 crore.
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Indiqube Spaces will invest up to ₹35 crore in SaiEdge Realty to acquire a 49% stake. This strategic participation secures a commercial real estate opportunity.
EPL received no-objection letters from BSE and NSE on the scheme to amalgamate Indovida India Private Limited. This clears the way for EPL to seek NCLT approval.
GEM Enviro acquired 75% of Novuscom Neo Pvt Ltd for ₹0.30 Crore. The sustainability research firm now becomes a subsidiary.
CL Educate's board approved amalgamating its wholly owned subsidiary DEXIT Global Limited into the parent company. No cash or share consideration is involved in the restructuring.
Vega Jewellers' board approved increasing its stake in Vega Jewellers J Hills LLP from 60.98% to 89.98%. Revised investment is Rs. 8.998 Crore.
Amber Enterprises' subsidiary IL JIN will acquire the remaining 40% stake in Power-One for ₹176 Crore via a share swap, achieving full ownership.
Amber's subsidiary IL JIN Electronics will acquire the remaining 1.50% stake in Ascent Circuits, making it a wholly-owned subsidiary via a ₹13.12 Crore share swap.
KPI Green Energy's subsidiary, SDEL, completed acquiring an 88.37% stake in DMGEL for Rs. 49.31 Crore. This update marks the transaction's completion.
Zen Technologies approved acquiring a 51.98% controlling stake in Cogknit Semantics Private Limited for a cash consideration not exceeding Rs. 135.15 crore, expanding its defence portfolio.
KPI Green Energy's subsidiary, Sun Drops Energia, completed an additional acquisition of 43.49 lakh shares in DMGEL, taking its total stake to 88.37%.
Gravita India Limited acquired an additional stake in its subsidiary, Rashtriya Metal Industries Limited, for ₹94.42 Crore in cash.
Mahickra Chemicals will acquire a 51% controlling stake in Vida Wellness Private Limited for ₹0.53 Crore, expanding into the wellness and hygiene products segment.
Chambal Fertilisers will acquire a 26% stake in Clean Max Hachi Private Limited for up to ₹6 Crore to develop a 5 MW captive power facility.
JSW Steel announced that the NCLT has sanctioned the Scheme of Amalgamation of Piombino Steel Limited with the company. The merger becomes effective upon filing.
Lloyds Engineering Works Ltd held a court-convened shareholder meeting to approve the Scheme of Merger by absorption of three transferor companies. Voting results will be announced separately.
Jindal Stainless's subsidiary, Chromeni Steels, acquired a 40% stake in Oyster Green Hybrid Four for ₹1.25 Crore to develop a 24 MW renewable energy project.
Anuh Pharma signed an Asset Transfer Agreement to acquire a manufacturing facility from Vanquest Pharma for ₹72.90 Crore, increasing its production capacity by 525 MTPA.
SG Finserve Limited is acquiring a 15.50% stake in Successship Technologies Private Limited for ₹4.65 Crore to enhance its in-house AI and digital capabilities.
SG Finserve Limited will acquire an equity stake in SG Enterprise Solutions Private Limited for Rs. 0.01 Crore to establish a group shared services model.
Bharat Forge invested ₹240 Crore in its wholly-owned subsidiary, KSSL, via a rights issue. KSSL will subsequently invest ₹163 Crore in its subsidiary, AEL.
GFL Limited received the NCLT final order sanctioning the merger of its wholly-owned subsidiary, INOX Infrastructure Limited, into itself. No new shares were issued.
Varroc Engineering will acquire a 45% stake in Forsee Power India Private Limited for up to € 4.5 million (approx. ₹47.7 Crore) to boost EV capabilities.
Adroit Infotech Limited entered a non-binding agreement to acquire a majority stake in Croatia-based Verso Altima Group d.o.o. to strengthen its global SAP services capabilities.
ASI Industries Limited acquired 30,00,000 equity shares of PC Jeweller Limited for Rs. 4.34 Crore. The open-market transaction represents a 0.031% stake for investment purposes.
Mankind Pharma will invest ₹479.60 Crore into its Dutch subsidiary to acquire a majority 70% stake in Belgian biotech firm ACTx, strengthening its innovation-led portfolio.
Mankind Pharma will acquire a 70% stake in Belgium-based Armed Cell Therapeutics for EUR 48 million to enter the CAR-T therapies market.
Tata Steel received the certified NCLT order sanctioning the amalgamation of its wholly-owned subsidiary, Rujuvalika Investments Limited, into the Company. No new shares are issued.
Solar Industries' subsidiary, Solar Explochem, will acquire Sivasakthi Industrial Explosives for ₹115.02 Crore. This cash-based acquisition expands the company's footprint in the explosives industry.