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Every corporate announcement our alert engine sent, newest first: orders, results, earnings calls, fund raises, board meetings and more.
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Hy-Tech Engineers Ltd incorporated a wholly owned subsidiary, HY-TECH ENGINEERS Inc, in Delaware, USA. The company subscribed to the subsidiary's share capital for $300,000 (₹2.88 Crore).
Brainbees subsidiary GlobalBees entered an agreement to sell its entire 51.54% stake in Mush Textile for Rs. 5.69 Crore, completing the transaction by October 15, 2026.
ACME Solar Holdings Limited incorporated 18 wholly-owned subsidiaries for renewable energy projects. The company invested cash to acquire 100% control of these entities.
Tinna Rubber incorporated its wholly-owned subsidiary, Tinna Rubber Chile SpA. The Company approved an investment of up to ₹5 Crore for this international expansion.
Pudumjee Paper Products has sold its stake in MITCON Solar Alliance Limited for Rs. 2.40 Crore, ceasing to be a shareholder.
Best Agrolife Ltd incorporated a new step-down subsidiary, Best Agrolife Do Brazil LTDA, in Brazil. The initial investment for this wholly owned subsidiary is ₹0.02 Crore.
Maharashtra Seamless's board approved a scheme of arrangement to demerge its two seamless pipe manufacturing undertakings into wholly-owned subsidiaries, MSTL and USL.
Bright Brothers Ltd completed the merger of its wholly-owned subsidiary, Bright Brothers LLC, into Sintex Logistics LLC, which has been renamed to Bright Composites LLC.
Tinna Rubber and Infrastructure Limited infused a 5th tranche of investment worth Rs. 0.26 Crore into its wholly-owned subsidiary, Tinna Rubber Arabia Ltd., Saudi Arabia.
Sudarshan Pharma terminated its proposal to acquire 9.50% of Med Therapy Biotechnology Inc. The promoters' parallel 1.50% each acquisition plan also stands terminated.
PFC transferred subsidiary Satara Power Transmission Limited to Adani Energy Solutions for Rs.19.01 Crore. The transmission SPV sale completed on 06.10.2026.
Gabriel India Limited signed a joint venture agreement with Faurecia Automotive Seating India Private Limited to manufacture seating systems. The venture will be controlled by FORVIA.
Gabriel India will enter a Joint Venture with Faurecia Automotive Seating India to manufacture passenger vehicle seats, investing approximately ₹50 Crore in the new entity.
ACME Solar incorporated 18 wholly-owned subsidiaries with a total investment of Rs. 18 Lakhs. These entities will focus on developing renewable energy projects.
TVS SCS and partner ALA Mena each subscribed to shares in their JV, TVS SCS ALA India, for a total of ₹19.99 Crore.
Shristi Infrastructure Development Corporation approved a demerger of its Krishnagar Sentrum undertaking into its wholly-owned subsidiary, Shristi Realty Holdings Limited, via a scheme of arrangement.
Adani Ports incorporated a new subsidiary, Paradip Mahanadi Terminal Limited, for developing dry bulk berths at Paradip Port, Odisha. The entity is a wholly-owned subsidiary.
Adani Ports incorporated a wholly owned subsidiary, Paradip Mahanadi Terminal Limited, for developing and operating two dry bulk berths at Paradip Port, Odisha.
Gujarat Apollo Industries completed the sale of its entire 17.92% stake in Credo Advanced Chemicals Limited for ₹37.63 Crore. The company no longer holds CACL shares.
Marsons Ltd approved a JV with Cleanhill Partners to form a US LLC for transformer import and manufacturing. CEO authorized to execute the agreement.
Kabra Extrusiontech incorporated Geon International FZ-LLC, a UAE wholly owned subsidiary for its international business. Initial share capital is AED 39 Lakh (₹10.14 Crore).
Zaggle's board approved incorporation of a wholly owned subsidiary, Zaggle Holding Limited, in ADGM, UAE. Initial capital of USD 10,000 will fund its Fintech/SaaS/AI holding operations.
Visagar Polytex discloses a Composite Scheme of Arrangement with shareholders to reduce capital and issue preferential equity shares and warrants. The NCLT scheme restructures its capital structure.
Gokak Textiles confirms closure of its Knitwear Division effective October 2026. Assets will be sold to V.G. Parekh & Co. as per prior agreement.
Forbes & Company disclosed voluntary liquidation of subsidiary Forbes Edumetry Ltd effective October 1, 2026. The entity had nil turnover, income, and net worth in FY26.
RECPDCL, a REC subsidiary, incorporated Bikaner V Part A Power Transmission Ltd for a 6GW transmission project. The SPV will transfer to the successful TBCB bidder post-selection.
REC Ltd incorporated three wholly-owned transmission subsidiaries—Bikaner V Part A, Part B, and Mirzapur—under RECPDCL. They will bid for transmission projects and transfer to bidders.
Sri Nachammai Cotton Mills' board approved selling 17.92 acres of Tiruppur land to related party Vanam Realty for ₹2.15 Crore. The disposal does not attract Section 180(1)(a) whole-undertaking thresholds.
Zodiac Energy incorporated wholly-owned SPV Zodiac Energy IPP-4 for solar power EPC activities. The 100% equity was subscribed for ₹0.01 Crore cash consideration.
Zodiac Energy incorporated SPV Zodiac Energy IPP-4 for solar power generation and EPC activities. The subsidiary supports the company's renewable energy expansion strategy.