Oil India Merger & Restructuring Worth ₹0.05 Cr
Oil India's subsidiary, OIL Green Energy Ltd, incorporated a joint venture, 'HIND OIL BIOFUELS PRIVATE LIMITED', with a subscription amount of Rs. 0.05 Crore.
- Value
- ₹0.05 Cr
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Oil India's subsidiary, OIL Green Energy Ltd, incorporated a joint venture, 'HIND OIL BIOFUELS PRIVATE LIMITED', with a subscription amount of Rs. 0.05 Crore.
Tribhovandas Bhimji Zaveri Limited received Competition Commission of India approval for its acquisition of a majority stake by GRT Jewellers (India) Private Limited.
Welspun Corp's step-down subsidiary, Welspun Global Holdings, incorporated a new wholly-owned subsidiary named 'Welspun Global Jordan' in Jordan to expand its manufacturing operations.
ACME Solar Holdings Ltd incorporated two new wholly owned subsidiaries, Amshuman Renewables and Urjita Powertech, for a total initial investment of Rs. 0.02 Crore.
Aequs Limited informed the Exchange that the Regional Director, MCA, has rejected its proposed Scheme of Amalgamation with three wholly-owned subsidiaries due to non-compliance.
Jubilant Ingrevia confirms incorporation of wholly-owned subsidiary Jubilant Advanced Electronics Limited on October 12, 2026. No capital or financial details are disclosed in this intimation.
Pavna Industries sold its 50.74% stake in Pavna Auto Engineering for ₹8.80 Crore to promoter Mrs. Priya Jain. The subsidiary is no longer part of the company.
JM Financial Limited incorporated "JM Financial (Middle East) Limited" as a wholly-owned step-down subsidiary in the Abu Dhabi Global Market.
K.M. Sugar Mills Ltd. reported the completion of the demerger of its Distillery Division into K M Spirits and Allied Industries Ltd. Equity shares were allotted pursuant to the scheme.
Ventive Hospitality's board approved filing an appeal against a specific point in the NCLT order dated September 23, 2026, regarding its proposed scheme of amalgamation.
REC Limited is selling its subsidiary, Jam Khambhaliya Jamnagar Power Transmission Limited, to Ceigall India Limited for a consideration of ₹18.40 Crore.
Bajaj Healthcare Limited has executed a deed of assignment to sell its undertaking located in Dahej Industrial Area, Gujarat, for approximately Rs. 14.67 Crore.
REC Limited sold its subsidiaries Jam Khambhaliya Jamnagar Power Transmission Ltd and Lakadia II Power Transmission Ltd for a total consideration of ₹36.82 Crore.
Power Finance Corporation transferred three wholly-owned subsidiaries of its subsidiary, PFC Consulting Limited, to successful bidders for an aggregate consideration of ₹58.48 Crore.
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.
BlackBuck board approved a slump sale transferring its Loads Business Undertaking to wholly-owned subsidiary BTSPL. The restructuring reorganises operations under a dedicated transport subsidiary at arm's-length NAV-based consideration.
Dhruv Consultancy Services approved incorporation of three subsidiaries for highway wayside amenities in Maharashtra. Investment capped at up to ₹3 Crore per entity, to be phased.
H.G. Infra Engineering incorporated a subsidiary, 'H.G. Talent Edge Foundation ITI Bhiwadi', as a Section 8 (not-for-profit) company to support a government skilling project.
Authum Investment & Infrastructure completed the acquisition of equity shares in Wind World (India) Limited, following NCLT approval of the resolution plan.
STL Networks Ltd incorporated a wholly-owned subsidiary, STL Networks DC Limited, for its data centre business. The company subscribed to the subsidiary's Rs. 0.01 Crore capital.
PCBL Chemical Limited's subsidiary, Nanovace Technologies Limited, has incorporated a new wholly-owned subsidiary, Nanovace Advanced Materials Limited, focused on battery materials and energy storage technologies.
Alok Industries completed the sale of its subsidiary, Mileta a.s., for a total cash consideration of EUR 5,58,825 (~₹6.04 Crore).
Alok Industries completed the sale of its 100% equity stake in its step-down subsidiary, Mileta a.s. Mileta a.s. has ceased to be a subsidiary.
Mahindra & Mahindra is selling a 51% stake in its subsidiary, Novavayu Aerospace Limited, to Embraer S.A. for a consideration of approximately Rs. 0.051 Crore.
Tech Mahindra has voluntarily liquidated its step-down wholly-owned subsidiary, LCC Networks Poland Sp.z.o.o., effective 9th October 2026.
Jubilant Agri and Consumer Products Limited informs the Exchange that the NCLT passed an order regarding the second motion petition for its Scheme of Arrangement.
Bhagyanagar India announced that Tieramet Limited allotted equity shares to its shareholders, implementing the previously approved demerger Scheme of Arrangement. This completes a major restructuring milestone.
PDS Limited divested its entire stake in Northern Brands Limited, UK, held by step-down subsidiary Northern Apparel Limited, HK, for a consideration of £1.
Persistent Systems Limited has updated the market on its voluntary public takeover offer for Nagarro SE, reporting an aggregate shareholding of 94.04%.
Saksoft Limited received a rectified order from the NCLT Chennai Bench correcting factual details in the sanctioned Scheme of Amalgamation of its wholly-owned subsidiary, Augmento Labs.