ALFA Filings
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Avi Products India Ltd shareholders approved the sale of company assets to promoters and directors. Other resolutions included director re-appointments and leadership re-designations during the AGM.
Ikoma Technologies Limited has withdrawn its Rights Issue application and the proposed acquisition of ICM Insurance Brokers Private Limited. The withdrawal follows a revision in the Rights Issue objects.
RITES Limited's board has approved the closure of its Botswana-based wholly-owned subsidiary, RITES (Afrika) Proprietary Limited. The closure process is expected to complete within six months.
Oriana Power Limited announced the successful completion of the first tranche of its stake sale in subsidiary Truere Guj SPV Private Limited.
JSW Steel's subsidiary, JSW One Platforms Limited, has filed its Draft Red Herring Prospectus for an Initial Public Offer with SEBI and exchanges.
Usha Martin Ltd has approved the slump sale of its wholly-owned subsidiary's (U M Cables Limited) business undertaking to R R Kabel Limited for ₹77 Crore.
Amir Chand Jagdish Kumar (Exports) Limited has acquired its wholly-owned subsidiary, Amir Chand Trading Company, in Saudi Arabia for a cash consideration of ₹0.25 Crore.
Amir Chand Jagdish Kumar (Exports) Limited invested approximately ₹0.26 Crore to incorporate 'Amir Chand Trading Company' as a wholly-owned subsidiary in Saudi Arabia.
Godrej Industries sold a 0.50% stake in associate company Godrej Consumer Products Limited via an open market sale on September 24, 2026.
Godrej Industries sold a 0.50% equity stake in associate Godrej Consumer Products for ₹450.12 Crore via an open market transaction. The company retains a 23.23% stake.
Bank of Baroda sold 76,90,375 shares of the National Stock Exchange of India in its IPO for a total consideration of Rs. 1,372.35 Crores.
Acutaas Chemicals will acquire 100% equity stake in step-down subsidiary Enchem Ami Organics for Rs. 1 Lakh, making it a direct wholly-owned subsidiary.
Shanti Overseas will divest its 100% stake in material subsidiary Shaan Agro Oils & Extractions for a total consideration of Rs. 4,560.
Rexnord Electronics & Controls Ltd. is divesting its entire stake in wholly-owned subsidiary Rexnord Enterprise Private Limited for a total consideration of Rs. 5.50 Crore.
Fineotex Chemical's subsidiary, Fineotex Biotex HealthGuard FZE, incorporated a new US-based subsidiary, Fineotex America Inc., for ₹0.05 Crore to provide specialized water treatment solutions.
Samvardhana Motherson International's subsidiary has completed the sale of its 26% stake in AES (India) Engineering Limited for Rs.0.68 Crore to T-Net Japan.
EMA Partners India Limited is merging three of its wholly owned subsidiaries into itself. No consideration is payable for this internal restructuring.
BlackBuck Limited has successfully incorporated its new wholly-owned subsidiary, BlackBuck Transport Services Private Limited, following approval from the Ministry of Corporate Affairs.
Hirect Limited sold the residual part of its non-operational Dehradun plant for ₹4.5 Crore. The buyer is not part of the promoter group.
TeamLease Services incorporated a new step-down wholly owned subsidiary, TL Business Solutions Inc., in the United States to expand its international staffing business.
Quality Foils (India) Limited will sell its Flexible Hose & Hose Pipe manufacturing unit to Ratnamani Metals & Tubes Limited for ₹5.40 Crore.
TCPL Packaging has incorporated a new wholly owned subsidiary, TCPL Energy Materials Limited, to manufacture lithium-ion battery separator films.
Earkart Limited has approved the incorporation of a wholly-owned subsidiary named SkillNest Educations Private Limited. The company will invest Rs. 0.01 Crore to explore opportunities in education services.
Exhicon Events sold 35% of subsidiary EMCCPL to India Exposition Mart in a JV for the Mohali Convention Centre, retaining 65% control.
Fineotex Chemical's FZE subsidiary incorporated Fineotex America Inc. in Delaware, USA. The entity will supply water treatment chemicals for data centers and semiconductors.
Utkal Speciality Industries India Limited incorporated two wholly-owned subsidiaries, Shiva Technopapers Private Limited and Utkal Greenpack Private Limited, with a total initial investment of ₹0.20 Crore.
Zuari Industries completed the acquisition of 1,28,10,900 equity shares in Texmaco Infrastructure & Holdings Limited from its subsidiary for Rs. 147.96 Crore.
Veranda Learning Solutions has fixed October 06, 2026, as the record date for allotment of shares under its composite scheme of arrangement.
Mukta Arts will dilute its stake in subsidiary Mukta A2 Cinemas, reclassifying it as an associate company, via a ₹10 Crore fundraise agreement.
Mukta Arts shareholders approved the adoption of financial statements and the re-appointment of Director Parvez Farooqui at the AGM. They also authorized the divestment of a subsidiary.