Taneja Aerospace & Aviation Acquisition
TAAL's board approved acquiring 100% of newly incorporated TAAL Precision Products Pvt. Ltd. for nominal cash. The subsidiary will enhance aerospace manufacturing within two months.
- Execution
- Within 2 months
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TAAL's board approved acquiring 100% of newly incorporated TAAL Precision Products Pvt. Ltd. for nominal cash. The subsidiary will enhance aerospace manufacturing within two months.
Emcure Pharmaceuticals approved the merger of its wholly-owned subsidiaries, Zuventus Healthcare and Emcutix Biopharmaceuticals, into itself. The internal restructuring involves no cash consideration or share issuance.
Lord's Mark Industries Limited has acquired Radio Electric Private Limited, the owner of the 'Radiotone' brand, to expand its electrical manufacturing and engineering capabilities.
Nimbus Projects incorporated its subsidiary, IITL Nimbus The Express Park View Private Limited. The company acquired a 95% stake by converting its Rs.1.02 Crore capital contribution.
Authum acquired a 25% equity stake in Vibhav Energy Private Limited by converting an inter-corporate deposit of ₹100 Crore into equity shares.
Clean Max Enviro Energy Solutions acquired Thailand-based Massmunch Company Limited for ₹0.35 Crore in cash. This acquisition supports the company's solar capacity expansion in Thailand.
ASI Industries Limited acquired shares of Lloyds Enterprises Limited for Rs.3.03 Crore for investment purposes. The company does not intend to acquire management control of the entity.
Maithan Alloys acquired a 0.10% stake in HFCL Limited for Rs. 40.61 Crore through the stock exchange as a long-term investment.
Chemplast Sanmar Ltd will acquire a 27% equity stake in Yesaryes Energy Pvt Ltd for ₹0.45 Crore to source solar power under a group captive scheme.
Maithan Alloys acquired a 0.20% stake in ESDS Software Solution Limited for ₹33.40 Crore. This investment is for financial benefits without seeking management control.
Heritage Foods Limited has paid the purchase consideration for the acquisition of an additional 5.60% equity stake in its subsidiary, Heritage Novandie Foods Limited.
Inox Green Energy converted Rs. 50 Crore of ICDs into equity of subsidiary Vibhav Energy. Authum also converted Rs. 100 Crore, making Vibhav a 75% subsidiary.
Tata Motors is increasing its voluntary tender offer price for Iveco Group N.V. to Euro 14.40, with a new maximum aggregate disbursement of Euro 3,905,501,760.
Lodha Developers Limited announced that its NCLT-convened meetings for Secured Creditors and Equity Shareholders approved the scheme of merger by absorption of Roselabs Finance and National Standard.
National Standard (India) Ltd shareholders approved the scheme of merger by absorption with Lodha Developers Limited at the NCLT-convened meeting.
Roselabs Finance shareholders approved the Scheme of Merger with Lodha Developers Limited at an NCLT-convened meeting. The resolution was passed with the requisite majority.
Persistent Systems acquired a controlling 94.04% stake in Nagarro SE following the successful completion of its voluntary public takeover offer.
Clean Max Enviro Energy Solutions' subsidiaries acquired a 100% stake in Thailand-based Massmunch Company Limited to expand the Company's solar renewable energy capacity.
Somany Ceramics extended the timeline for its proposed 49% investment in Siravit Ceramics Private Limited by three months, now expected by 8th January, 2027.
Prodocs Solutions Ltd's subsidiary, Prodocs Solutions Inc, USA, will acquire the remaining 40% stake in Edata Solutions Inc, USA, for ₹14.47 Crore in cash.
The Board approved acquiring 40% of eData Solutions Inc. for ₹14.47 Crore and providing it a loan of ₹15 Crore, totaling ₹29.47 Crore in related party transactions.
Nimbus Projects Limited incorporated a subsidiary, IITL Nimbus The Hyde Park Private Limited, by converting its ₹0.25 Crore capital contribution in a partnership firm.
NBCC (India) Ltd received an MCA order for the first motion application regarding the amalgamation of its wholly-owned subsidiary, HSCC (India) Limited.
Felix Industries Limited has completed the acquisition of Tierra Fertilizer Private Limited, which is now a direct subsidiary. The transaction involved a cash consideration of ₹1.69 crore.
Hubtown Limited invested Rs. 36.78 Crore in its subsidiary, Rare Townships Private Limited, through a rights issue subscription. This increases its stake to 74.65%.
Starlineps Enterprises Limited has acquired a 33.33% equity stake in Celloraa Energy Private Limited for a total consideration of Rs. 80 Crore.
ASI Industries Ltd acquired 5,00,000 equity shares of Lloyds Engineering Works Ltd for Rs. 4.81 Crore. The transaction, executed through the stock exchange, represents a 0.034% stake.
Maithan Alloys Limited acquired a 0.11% stake in ESDS Software Solution Limited for Rs. 18.15 Crore. The transaction was executed through the stock exchange as a long-term investment.
Maithan Alloys Limited acquired 11,25,000 equity shares of HFCL Limited for Rs. 29.72 Crore through the stock exchange. This investment represents a 0.07% stake in the target entity.
Aequs Limited invested ₹15.75 Crore in its joint venture, Ajna Aerospace & Defence Private Limited, via a rights issue. The company was allotted 45,00,000 partly paid-up shares.