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Saregama India's board approved closing its wholly owned Dubai subsidiary, Saregama FZE, which has no ongoing operations. The closure is not expected to materially affect business operations.
Jindal Poly Films' step-down subsidiary, JPF API Laminates UK Limited, was dissolved effective November 3, 2026. It has ceased to be a subsidiary of the company.
Clean Max Enviro will incorporate a wholly owned IFSC subsidiary for Global Treasury Centre activities. It will subscribe 21,00,000 shares for ₹2.10 Crore in cash.
Shanti Educational modified its composite arrangement scheme with Shanti Learning and Grew Energy. Intellectual property is now excluded from the slump sale and retained for amalgamation.
Gala Precision's non-operative China subsidiary completed deregistration and ceased to be a step-down subsidiary. The company states no impact on revenue or financial position.
Jeena Sikho Lifecare's board approved incorporating Ayugenomics Private Limited as a subsidiary, holding 60%. The company will invest Rs 3 lakh, subject to statutory approvals.
Trinity League sells its 50% stake in Agrotech Risk to promoter-director Madhulika Jain for ₹10 lakh. It is a related-party deal member-approved at the AGM.
IRCON began an asset monetisation plan to sell 100% stakes in four completed road assets. No buyer or consideration is disclosed yet.
Everest Industries says the Phase II Podanur land sale to G Square Properties may extend to March 2027. Completion depends on pending government approvals.
Capacit'e Infraprojects Limited is incorporating a new subsidiary in the UAE to undertake EPC contracts. The company will hold a 75% stake in the entity, which is currently under process.
Siddhika Coatings Limited entered a Memorandum of Understanding with Mizutani Paint Co. Ltd. to form a Joint Venture in India. The partnership focuses on manufacturing and distributing premium architectural coatings.
Shahlon Silk Industries Ltd reported that its proposed Rs. 0.86 Crore investment in Karanj Envirocare Private Limited has not materialized. The company received a full refund of its application money.
Exicom Tele-Systems Limited reported a 38% sequential rise in consolidated revenue to ₹388.3 crore for Q2 FY27. The Board also approved the divestment of Tritium for USD 85 million.
Ceinsys Tech forms a 50:50 JV with AI Fabrik Inc, USA to build AASTRA AI India for sovereign AI infrastructure. Cash consideration is Rs. 0.05 Crore.
NDR Auto Components approved a 51:49 JV with Korea's DYA Co. to manufacture automotive seats for Kia and Hyundai in India. Investment is up to ₹62.96 crore.
Century Plyboards proposed to incorporate wholly owned subsidiaries in Singapore and Hong Kong for overseas marketing and trading. No subscription value was disclosed in the intimation.
KP Green Engineering incorporated KP Industrial Park Private Limited as a 51%-held subsidiary on November 3, 2026. The entity will develop and manage industrial parks and logistics facilities.
Belding India's board kept the draft amalgamation with DC&T Global in abeyance. The scheme has no financial impact on operations.
Fractal Analytics will wind up Analytics Vidhya Inc., a step-down subsidiary, to simplify its group structure. No impact on ongoing operations is expected.
Jupiter Wagons incorporated a 99% subsidiary, Jupiter Green Power Solutions Private Limited, on 3 November 2026. The subsidiary is in the energy and power sector and has not yet started operations.
Dalmia Bharat Sugar will absorb Hippostores' agri-tech undertaking via redeemable preference shares, with no cash paid. Listed equity shareholding stays unchanged; the preference shares will not be listed.
GSPL Transmission distributed Rs 1.78 Crore of fractional-share sale proceeds and dividend to eligible shareholders under the scheme. Independent Directors certified compliance with SEBI norms.
SC Agrotech incorporated a wholly owned subsidiary, SC Careoasis Healthcare Private Limited, on 30 October 2026. It operates in the pharma sector, with 100% initial shareholding.
Shubhlaxmi Jewel Art's board proposed approval to sell its whole undertaking and raise borrowing powers to Rs.500 Crore. An EGM is set for December 1, 2026.
Capital Trade Links incorporated wholly owned subsidiary Rentworks Services India Private Limited for renting and leasing. It subscribed 10,000 shares for Rs 1 lakh cash.
Kasturi Metal Composite will subscribe 51% of an unincorporated UAE flooring entity for Rs 1.32 Crore cash. The company has no operating history or turnover yet.
Ceinsys Tech incorporated AASTRA AI India, a 50:50 joint venture with AI Fabrik Inc, USA. It targets sovereign AI infrastructure, with capital yet to be invested.
Kasturi Metal Composite's board approved incorporating a 51% owned subsidiary, Durafloor MENA LLC, in Mainland Dubai. The company will subscribe AED 5,10,000 (about Rs 1.28 Crore).
GPIL sold 3,67,200 Jammu Pigments shares for Rs 10.95 Crore, cutting its stake from 38.27% to 36.38%. This third tranche is part of a wider associate divestment.
Hinduja Global Solutions updated on its subsidiary IMCL's plan to sell its entire stake in Bhima Riddhi and Vinsat to external buyers. Completion is taking longer, and both will cease to be step-down subsidiaries on completion.