AXISCADES Technologies Merger & Restructuring
AXISCADES Technologies Limited is incorporating a new subsidiary, AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED, for Rs. 0.0049 Crore. The entity will provide aerospace engineering services.
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AXISCADES Technologies Limited is incorporating a new subsidiary, AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED, for Rs. 0.0049 Crore. The entity will provide aerospace engineering services.
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BCPL Railway Infrastructure Limited's board approved the incorporation of a new wholly owned subsidiary for real estate consultancy and advisory services.
Pavna Industries Ltd. announced the sale of subsidiaries Pavna Auto Engineering Pvt. Ltd. and Swapnil Switches Pvt. Ltd. to entities within the Promoter Group.
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Kratikal Tech's board approved incorporating a wholly owned US subsidiary for cybersecurity and information security services. The Delaware-based entity is subject to regulatory approval.
Prime Focus Ltd announced material subsidiaries BHL and Brahma India will raise USD 100 million, causing PFL to cease control and reclassify them as associates.
IRB Infrastructure Trust, an associate, executed a share purchase agreement to sell 100% equity of SYTL and CGTL to IRB InvIT Fund for ₹2,744 crore.
AXISCADES Technologies incorporated a new subsidiary, AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED. The company invested Rs. 48,990 to subscribe to 4,899 equity shares.
CLN Energy Limited incorporated a new step-down subsidiary, C L N Energy Solutions, in Egypt with an investment of ₹19.00 Crore (USD 2 million).
EFC (I) Limited received an NCLT order dispensing with the requirement to hold meetings of shareholders and creditors for its Scheme of Arrangement (Demerger).
Pramodini Medicare Limited incorporated a new subsidiary, Sidheart Advanced Healthcare Private Limited, to operate a cardiac facility in Kodagu, Karnataka.
Pramodini Medicare Ltd incorporated a new subsidiary, Sidheart Advanced Healthcare Private Ltd, to operate a cardiac facility. The company acquired a 30% stake in the entity.
Rama Steel Tubes Limited extended the completion date for its Share Purchase Agreement with RST International Trading FZE and Mr. Jagjit Gouri to December 15, 2026.
Exhicon Events Media Solutions Ltd entered a JV with India Exposition Mart Limited, transferring a 35% stake in its subsidiary EMCCPL for ₹0.05 Crore consideration.
Prodocs Solutions Limited approved a new buyer, Mr. Paresh Vishnuprasad Pathak, for its previously announced divestment of a 19% stake in Sevasarthi Info Solution Private Limited.
Vishnu Chemicals updates that the voluntary winding-up of its wholly-owned subsidiary, Vishnu International Trading FZE, is still underway and expected to complete within six months.
TeamLease Services completed its exit from its joint venture, Crystal HR and Security Solutions, following the extinguishment of 1,200 equity shares held by the company.
PDS Limited's step-down subsidiary Design COE Limited incorporated Design COE Canada Inc in Ontario, Canada. The fashion sourcing entity was subscribed at approximately ₹1,000 (USD).
Optiemus Infracom approved a binding term sheet with Nothing Electronics to form a CMF smartphone JV with 51.1% equity. No specific investment value was disclosed.
Puravankara's subsidiary acquired a 13.44-acre Greater Noida parcel, entering Delhi-NCR. Saleable potential is 4.57 million sq ft with estimated Rs 5,200 crore GDV.
J&K Bank entered into an escrow agreement with MetLife International Holdings to facilitate the previously announced sale of its 0.5% stake in PNB Metlife.
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Modison Ltd sold its wholly-owned subsidiary, Modison HV Private Limited, to promoter-group members for Rs. 27.68 Lakh. This divestment marks the company's complete exit from the non-operative subsidiary.
Bank of Baroda incorporated a new subsidiary, BOB Pension Fund Management Company Limited, with an investment of ₹80.10 Crore to manage pension assets.
Race Eco Chain Limited received an "observation letter" from stock exchanges, granting "no objection" to its draft composite scheme of arrangement (demerger).
PDS Limited has completed the transfer of its 49% stake in DBS Lifestyle. Consequent to this disinvestment, the investee entities have ceased to be associates.
Dixon Technologies incorporated a new subsidiary, Adivistar Electronics India Private Limited, investing Rs. 2.55 Crore for a 51% equity stake.