Popees Baby Care India Acquisition Worth ₹511.3 Cr
Popees Baby Care India Ltd approved the acquisition of 99.31% stake in Popees Baby Care Products Ltd via a share swap arrangement, alongside a preferential share issuance.
- Value
- ₹511.3 Cr
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Popees Baby Care India Ltd approved the acquisition of 99.31% stake in Popees Baby Care Products Ltd via a share swap arrangement, alongside a preferential share issuance.
Gravita India Limited acquired Green Maputo Recyclers for ₹1.93 Crore to expand its recycling operations. This acquisition involves a 100% stake in the newly incorporated entity.
Arisinfra Solutions Limited received an NCLT order admitting the first motion application for its proposed scheme of amalgamation with Arisunitern Re Solutions Private Limited.
CIE Automotive India has dispatched notices to shareholders and creditors regarding the Scheme of Merger by Absorption of CIE Aluminium Casting India Limited.
Raymond Realty Ltd invested ₹0.009 Crore in its wholly-owned subsidiary, Ten X Realty North Ltd, by subscribing to 9,000 equity shares through a rights issue.
GOCL Corporation Limited received an NCLT order directing shareholder and creditor meetings to consider the proposed merger with Hinduja National Power Corporation Limited.
Jeyyam Global Foods Limited approved a total investment of ₹0.20 Crore to acquire a 49% stake in two new LLPs for manufacturing and trading operations.
Meghmani Organics Limited received an NCLT Ahmedabad Bench order sanctioning the Scheme of Amalgamation of its wholly-owned subsidiaries, Kilburn Chemicals Limited and Meghmani Crop Nutrition Limited, with itself.
Lloyds Metals and Energy Limited confirmed the demat credit of 3.5 crore equity shares in its subsidiary, Thriveni Earthmovers and Infra Private Limited, following previous allotment.
Kati Patang Lifestyle approved the acquisition of a 10% stake in New Zealand-based Bread Private Limited via a share swap to strengthen its market presence.
Shakti Pumps (India) Limited acquired additional shares in its subsidiary, Shakti Energy Solutions Limited, for Rs.10 Crore to fund a 2.20 GW solar manufacturing facility.
Focus Lighting to acquire 51% of LightAlive Solutions for ₹5.20 Crore in cash. The target operates in LED lighting and fixtures, aligning with the company's core business.
Yaap Digital's board approved Tranche 2 cash consideration for Gozoop Online shares acquisition and a ₹25 Crore HSBC facility. SPSHA amendment details to follow upon execution.
Elevate Campuses subscribed to ₹595 Cr worth of OCRPS in subsidiary Elevate UAE at USD 1.05 per share. Proceeds will prepay borrowings of a step-down subsidiary.
Tavexia Lifecare will acquire a 60% stake in Meyonex Pharmaceuticals Limited for ₹67.19 Crore. This strategic investment aims to expand its pharmaceutical sector presence.
Abans Financial Services acquired a 6.01% stake in its subsidiary Abans Finance Private Limited for Rs. 22.99 Crore, increasing its total ownership to 99.98%.
MITCON's subsidiary will acquire a 26.72% stake in MITCON Solar Alliance Limited for Rs. 2.40 Crore, making it a step-down subsidiary.
Sahaj Solar Limited completed the subscription to 100% equity shares of its Mauritius-based wholly-owned subsidiary, Sahaj Energies Limited, for MUR 10,000.
Sky Gold and Diamonds Limited has completed its previously announced 100% acquisition of Purvi Gems & Jewellery (India) Private Limited, which is now a wholly-owned subsidiary.
Indo National Limited has invested ₹3.91 Crore to acquire a further 0.30% stake in Axial Aero Private Limited, bringing its total holding to 7.97%.
Alivus Life Sciences acquired a 9.21% stake in Torrent Urja 19 Private Limited for Rs. 14.04 Crore. The investment supports its renewable energy and carbon neutrality goals.
Maithan Alloys acquired a 0.03% stake in HFCL Limited for Rs. 10.44 Crore via the stock exchange. The investment is for long-term or short-term benefits.
Varun Beverages approved a Rs. 4.10 Crore investment for 26% equity in Jager Renewables. The solar SPV will supply captive power to VBL's Uttar Pradesh facilities.
Adani Energy Solutions acquires 100% of Satara Power Transmission Limited for ₹0.01 Crore in cash. SPTL will facilitate a 765 kV inter-regional corridor for renewable power evacuation.
AESL executed an SPA to acquire 100% of Satara Power Transmission Ltd for a 765 kV inter-regional corridor. The acquisition expands AESL's transmission footprint in Maharashtra.
Sky Gold & Diamonds completes acquisition of Purvi Gems for ₹9 Crore cash consideration. The deal adds lightweight uncut and studded jewellery manufacturing to its portfolio.
TVS SCS acquires 51% stake in TVS SCS ALA India for ₹10.19 Crore. The move targets aerospace and defense logistics business expansion.
Inox Green acquired the O&M business undertaking of Wind World (India) for ₹550 Crore, routing the payment through its wholly-owned subsidiary, Vibhav Energy.
BirlaNu Limited received NCLT Hyderabad approval for the Scheme of Amalgamation with Clean Coats Private Limited. The merger becomes effective upon filing with the Registrar.
Meesho Limited approved an investment of up to ₹50 Crore in Retail Pulse Labs Private Limited, which will become a step-down subsidiary of the Company.