Latest announcements

Senores Pharmaceuticals Merger & Restructuring

Senores Pharmaceuticals Limited's US subsidiary has acquired a 70% stake in Amerisyn, LLC. Following this subscription, Amerisyn, LLC has become a step-down subsidiary of the company. This strategic move expanded the company's pharmaceutical footprint in the United States.

Execution

Not Applicable

Senores Pharmaceuticals Merger & Restructuring

Senores Pharmaceuticals Limited's US subsidiary has formed a new joint venture, Amerisyn, LLC, in North Carolina. The company holds a 70% stake, making Amerisyn a step-down subsidiary. This expansion into the US pharmaceutical market signals a strategic growth move for the group.

Krishna Defence and Allied Industries Merger & Restructuring Worth ₹0.01 Cr

Krishna Defence and Allied Industries Limited has incorporated a 51:49 joint venture, Krishna Vabo Defence Composites Private Limited, with Vabo Netherlands. The JV, with a paid-up capital of ₹0.01 Crore, will manufacture composite ship doors and maritime solutions for ASEAN markets.

Value

₹0.01 Cr

Astra Microwave Products Merger & Restructuring

Astra Microwave Products approved the demerger of its Space, Meteorology, and Hydrology businesses into Astra Space Technologies. MD Mr. S. Gurunatha Reddy will transition to lead the new entity, stepping down from AMPL on September 30, 2026. Dr. M. V. Reddy will assume the MD role at AMPL effective October 1, 2026.

ADF Foods Merger & Restructuring

ADF Foods Limited announced the amalgamation of its step-down subsidiaries, ADF Foods (India) Limited and Telluric Foods Limited. The merger aims to simplify the corporate structure and rationalize costs. No shares will be issued as the transferor is a wholly-owned subsidiary of the transferee, resulting in no change to the parent company's shareholding pattern.

Apollo Hospitals Enterprise Merger & Restructuring

Apollo Hospitals Enterprise Limited received NCLT Chennai approval to convene meetings for a composite scheme of arrangement. The scheme involves demerging its identified business undertaking into Apollo Healthtech Limited and consolidating pharmacy distribution units. This restructuring aims to unlock value and streamline specialized business segments for shareholders and creditors.

Zaggle Prepaid Ocean Services Merger & Restructuring Worth ₹50 Cr

Zaggle Prepaid Ocean Services invested ₹50 Crore in its wholly-owned subsidiary, Rivpe Technology Private Limited (RTPL). The investment was made via a rights issue allotment of 3,42,147 equity shares. RTPL continues to remain a wholly-owned subsidiary of the company with no change in shareholding percentage.

Value

₹50.00 Cr

Neeraj Paper Marketing Merger & Restructuring Worth ₹0.6 Cr

Neeraj Paper Marketing Ltd has agreed to sell its immovable property in New Delhi to Mrs. Leena Gupta for ₹0.60 Crore. The transaction is expected to conclude within 15 days and will not impact company operations. The property previously contributed 0.01% of the company's total income through rent.

Value

₹0.60 Cr

Execution

10-15 days

Univastu India Merger & Restructuring

Univastu India Limited incorporated a new associate company, UV Bharat Private Limited, on April 1, 2026. The new entity will focus on infrastructure projects, including highways and bridges. Univastu holds a 49% stake in the company, aiming to strengthen its presence in the construction and infrastructure sector.

AXISCADES Technologies Merger & Restructuring

AXISCADES Technologies Limited has incorporated a new subsidiary in the United Arab Emirates named AXISCADES TECHNOLOGIES AVIATION EQUIPMENT ENGINEERING SERVICES LLC. The new entity will operate in the aerospace industry. Commercial licensing and incorporation were completed on April 02, 2026, though business operations are yet to commence.

AXISCADES Technologies Merger & Restructuring Worth ₹0.38 Cr

Axiscades Technologies incorporated a wholly-owned subsidiary in Dubai, UAE, named AXISCADES Technologies Aviation Equipment Engineering Services LLC on April 02, 2026. With an initial capital of ₹0.38 Crore (AED 150,000), the new entity will focus on the aerospace industry to explore regional business opportunities.

Value

₹0.38 Cr