Lenskart Solutions Merger & Restructuring
Lenskart Solutions incorporated Wenzhou Framekart Trade Co., Ltd in China as a step-down subsidiary to handle trade and procurement of spectacle frames and optical products.
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Lenskart Solutions incorporated Wenzhou Framekart Trade Co., Ltd in China as a step-down subsidiary to handle trade and procurement of spectacle frames and optical products.
Lloyds Engineering Works Ltd acquired a 51.13% stake in Steel Infra Solutions Company Ltd for Rs. 626.40 Crore. This acquisition makes SISCOL a subsidiary.
Trident Limited has successfully incorporated a new wholly-owned domestic subsidiary, Trident Global Industries Limited, to drive overseas business development and marketing initiatives.
Varun Beverages has completed the merger of its step-down subsidiary, Twizza Proprietary Limited, into its subsidiary, The Beverage Company Proprietary Limited. Consequently, Twizza has ceased to be a step-down subsidiary.
CEAT Ltd is converting a USD 24.5 million (approx. ₹232.75 Crore) inter-company loan into equity of its wholly-owned subsidiary, CEAT OHT Lanka. No fresh cash is involved.
Refex Renewables has completed the sale of its subsidiary Ishaan Solar Power and its step-down subsidiary SEI Tejas to SILRES for ₹3.93 Crore.
Beacon Trusteeship Limited is incorporating a Wholly Owned Subsidiary in Dubai for financial services. The investment for this expansion is approximately INR 25 Lakhs (0.25 Crore).
Alkem Laboratories held an NCLT-convened meeting of equity shareholders to approve the Scheme of Amalgamation with Adroit Biomed Limited. The scheme received majority shareholder approval.
Amber Enterprises received 30.49 crore bonus equity shares in its material subsidiary, IL JIN Electronics. This acquisition involves no cash consideration and maintains Amber's 89.71% stake.
Lloyds Enterprises has completed the acquisition of a 17.98% equity stake in Steel Infra Solutions Company Limited for a total cash consideration of ₹219 Crore.
Samvardhana Motherson will acquire an additional 0.15% stake in Shenzhen Autocruis Technology for ₹4.18 Crore. This transaction follows their prior controlling stake acquisition.
Transchem Limited has executed a Share Purchase Agreement to acquire 100% of Greshma Shares and Stocks Limited for ₹25.91 Crore. The acquired entity becomes a wholly-owned subsidiary.
Man Infraconstruction acquired an additional 16% stake in associate MICL Properties LLP for Rs. 16,000. The company now holds a 50% partnership interest.
V R Infraspace Limited completed the acquisition of a 10% stake in its subsidiary, Daxon Realty Limited, for Rs. 1.34 Crore.
Viviana Power Tech Limited has divested its 75% stake in its subsidiary, Aarsh Transformers Private Limited. The move aims to consolidate manufacturing directly under the parent company.
Viviana Power Tech Limited has completed the disinvestment of its subsidiaries, Viviana Life Spaces Private Limited and Aarsh Transformers Private Limited, effectively ceasing them as subsidiaries.
Network18 has published a notice of hearing regarding the amalgamation of News18 Marathi Private Limited with itself. The NCLT Mumbai hearing is scheduled for October 1, 2026.
NDTV has signed an Asset Purchase Agreement to acquire the 'GoodTimes' business undertaking from Lifestyle & Media Broadcasting Limited, subject to necessary regulatory approvals.
NDTV is acquiring the 'GoodTimes' business undertaking from Lifestyle & Media Broadcasting Limited for a consideration of up to ₹18 Crore.
Piccadily Agro Industries Limited received 'No Adverse Observation Letters' from BSE and NSE regarding its proposed Scheme of Arrangement. The scheme remains subject to further statutory approvals.
Nelco Limited has acquired Lunar Holdco, Inc. (doing business as Elveo Mobile) via a USD 20 million subscription to Compulsorily Convertible Debentures.
Nelco Ltd is investing USD 20 million (approx. ₹190 Crore) in Lunar Holdco, Inc. via Compulsorily Convertible Debentures to establish a strategic partnership for satellite-based connectivity services.
Bigbloc Construction's subsidiary, Bigbloc Building Elements Private Limited, received shareholder approval to convert into a public company. The conversion remains subject to regulatory formalities and fresh incorporation.
CG Power's subsidiary, Axiro Semiconductor, will acquire 100% of Tosil Systems for Rs. 16.44 Crore. This acquisition strengthens CG Power's semiconductor and embedded engineering design capabilities.
Nephrocare Health Services' Philippines subsidiary acquired a dialysis center's assets for PhP 75 million. The transaction strengthens the company's international footprint in the healthcare sector.
Nephrocare Health Services' subsidiary entered an agreement to acquire a dialysis center in Philippines from Assumption Dialysis Center. The transaction is valued at PhP 75,000,000.
Nephrocare Health Services' subsidiary acquired dialysis center assets from Assumption Dialysis Center in the Philippines. The transaction is valued at PhP 75 million (approximately ₹13.50 Crore).
Clean Max Enviro Energy Solutions approved selling 26% of Clean Max Muoi and 49% of Clean Max Chin. Total consideration for these stake sales is Rs. 0.01 Crore.
Greaves Cotton Limited has completed the acquisition of the remaining 20% stake in Excel Controlinkage Private Limited. Excel Controlinkage is now a wholly owned subsidiary.
Digjam Limited held an NCLT-convened meeting of equity shareholders. The meeting sought approval for the proposed Scheme of Arrangement with Reid & Taylor International Private Limited.