Grand Foundry Acquisition Worth ₹99.22 Cr
Tikona Communication Limited (formerly Grand Foundry Limited) approved the acquisition of a 62.01% stake in Tikona Infinet Private Limited for an aggregate consideration of Rs.99.22 Crore.
- Value
- ₹99.22 Cr
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Tikona Communication Limited (formerly Grand Foundry Limited) approved the acquisition of a 62.01% stake in Tikona Infinet Private Limited for an aggregate consideration of Rs.99.22 Crore.
Aurobindo Pharma's subsidiary acquired A1 Biochem USA Inc for ₹9.47 Crore. This 100% acquisition expands its contract research and development services capabilities in the USA.
Lloyds Engineering Works Limited will hold a NCLT-convened meeting of equity shareholders on October 16, 2026, to approve the Scheme of Merger by Absorption.
Indiabulls Limited will acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 Crore via an NCLT-approved scheme, entering the fintech segment.
Vijaya Diagnostic Centre is acquiring 100% of Arya Wellness Centre in Guwahati. The company published an investor presentation detailing the acquisition's strategic rationale and financial highlights.
Vijaya Diagnostic Centre Ltd acquired the integrated diagnostic business of Arya Wellness Centre for ₹46.20 Crore. This slump sale expands its presence into the North-East.
The Hon'ble NCLT, Kolkata, has reserved its final order regarding the proposed Scheme of Amalgamation between Warren Tea Limited and Maple Hotels & Resorts Limited.
Indo National Ltd invested Rs. 0.25 Crore to acquire an additional 0.41% stake in Medcuore Medical Solutions. This raises its total holding to 62.28%.
Kiran Syntex Limited has submitted a draft Scheme of Merger with Gujarat Kiran Polytex Limited to the BSE for approval under Regulation 37.
Ceigall India approved acquiring 100% of Jam Khambhaliya Jamnagar Power Transmission for ₹5 Lakhs and investing ₹49,000 for a 49% stake in a new JV.
Vilin Bio Med disclosed NCLT Hyderabad allowed its amalgamation with Chemgenix Laboratories Pvt Ltd. The order directs convening shareholder and creditor meetings for both companies.
Maithan Alloys bought 7,60,548 shares (0.65%) of ESDS Software Solution for Rs.113.37 Crore via stock exchange. It is a financial investment with no control intent.
JSW Infrastructure's step-down subsidiary acquired 100% of non-operational AMD Business Support Services for ₹0.01 Crore. AMD became a step-down wholly owned subsidiary post NCR Rail resolution plan.
AXISCADES acquired 90% of Cloud Wave Technologies for ₹234 Crore, gaining indirect stakes in Protohubs and Aureate. The move builds owned aerospace manufacturing capability.
Kesar India Limited acquired a 50.01% controlling stake in Kasa Kesar Realty Private Limited for ₹50,010 to expand its business operations.
JSW Infrastructure acquired NCR Rail Infrastructure Limited and its subsidiary AMD for a total consideration of ₹509.42 Crore, implementing the approved IBC Resolution Plan.
7NR Retail will acquire 100% of Cultureantique Jewellery for Rs. 90 Crore, funded by issuing 9 crore shares on a preferential basis.
Devyani International Limited and Sapphire Foods India Limited have filed a joint application with the Competition Commission of India for their proposed merger.
BSE Limited acquired additional equity in India International Bullion Holding IFSC Limited (IIBH) via a rights issue for ₹9.28 Crore, increasing its stake to 5.54%.
AION-Tech further invested Rs. 0.65 Crore in its wholly-owned subsidiary Roqit Greenfleet at face value. Total investment in the subsidiary now stands at Rs. 11.05 Crore.
MedPlus acquired the remaining 0.01% stake in Optival Health Solutions for Rs.1.10 Crore. This makes Optival a wholly owned subsidiary of MedPlus.
Maithan Alloys acquired 75,160 shares of ESDS Software Solution for Rs 10.83 Crore via the stock exchange. The 0.06% investment carries no intent to acquire control.
Tankup Engineers signed a definitive agreement to acquire 100% of Hitech Hydraulics, a Hyderabad precision-engineering firm. The target becomes a wholly owned entity, adding AS9100 defence and space capability.
Fine Organic Industries is consolidating control of its Thai joint venture, Fine Organic Industries (Thailand), making it a subsidiary effective September 9, 2026.
Fine Organic Industries completed the acquisition of an 80% stake in Oleofine Organics SDN. BHD. for ₹80.17 Crore, making it a subsidiary.
KAMA Holdings is investing Rs. 690.30 Crore in its wholly-owned subsidiary, KAMA Realty (Delhi) Limited, via a cash infusion to strengthen capital and business growth.
Muthoot Finance will acquire additional shares in its subsidiary, Asia Asset Finance PLC, for a cash consideration of ₹31.80 Crore to bolster its capital base.
JK Paper acquired the remaining 20% stake in Radhesham Wellpack Private Limited for ₹44.02 Crore. With this transaction, RWPL becomes a wholly-owned subsidiary of the Company.
TSF Investments Limited informed the exchange that the NCLT, Chennai has sanctioned the scheme of amalgamation between its subsidiaries, Forge 2000 Private Limited and Axles India Limited.
Maithan Alloys acquired 0.33% (382,200 shares) of listed ESDS Software for ₹45.52 Crore via stock exchange. The company states no intent to acquire control of ESDS.