Solarworld paid Rs 26.82 Crore on October 30, 2026 as the first tranche of its equity subscription in Rays Green Energy Manufacturing, a 50-50 joint venture. Rays Green allotted 12,600 shares on October 31, 2026, and the balance of up to Rs 73.18 Crore is still due.
L&T has extended the expected completion date for the sale of its entire stake in L&T Network Services to its wholly owned subsidiary Vyoma.AI, now by March 31, 2027. All other earlier terms remain unchanged.
Kesar Enterprises terminated the MoU to sell the Baheri sugar undertaking after the buyer defaulted. The company will pursue legal action and evaluate options for the unit.
Symphony will sell its Bodakdev vacant land for ₹27 Crore, versus ₹5.68 Crore book value. Sale deed is expected November 6, 2026; operations are unaffected.
Juniper Green Energy incorporated wholly owned subsidiary Juniper Green Beta Fifteen Private Limited on October 30, 2026. The company subscribed to 1,50,000 shares for Rs.0.15 Crore.
Oricon Enterprises sold its leasehold land and building to Anand Rathi Towers for Rs.145 Crore. The sale is completed and the buyer is unrelated to promoters.
Sale of 26% stake in subsidiary Clean Max Alps to Bayer Vapi for ₹0.0026 Crore. The subsidiary contributed no revenue or net worth last financial year.
Vimta Labs incorporated wholly owned US subsidiary Vimta Labs LLC, investing about INR 0.08 Crore (USD 8,500). The contract research unit supports the parent's testing business.
Weagro will incorporate a wholly-owned Singapore subsidiary, Weagro Pte Ltd, with initial investment up to SGD 100,000. The move expands its agro business into Singapore.
Value
₹0.01 Cr
Execution
Within two months from the date of the Board decision, subject to statutory approvals.
Ginni Filaments incorporated a wholly owned subsidiary, Ginni RSA (Pty) Ltd, in South Africa. The subsidiary will trade and distribute wet wipes internationally.
Thyrocare agreed to sell its entire stake in subsidiary Nueclear Healthcare to Trovera. The consideration is about Rs 141.40 Crore, including preference shares and cash.
Skipper Limited incorporated a wholly owned subsidiary, Skipper Gridtech Inc, in Texas, USA. The subsidiary's share capital is up to USD 50,000 (about Rs 0.48 Crore).
Asian Energy Services will participate in incorporating Asian Energy Foundation, a Section 8 non-profit company limited by guarantee, holding 49% control. No cash consideration or share subscription is involved.
Waaree Renewable completed transferring its entire stake in Waaree Green Data Centers to parent Waaree Energies. The company ceased to be a subsidiary from 30 October 2026.
Goodricke Group signed a non-binding MoU to sell its Barnesbeg Tea Estate for Rs. 5 Crore. Completion of the definitive sale is expected by January 2027.
JK Agri Genetics sells 5.28-acre leasehold land to Sai Life Sciences for ₹19.80 crore to strengthen cash flow. Board approved the transfer subject to regulatory clearance.
Oricon Enterprises' board approved the sale of its Worli, Mumbai land (3,511.74 sq.mtrs) and building. Financial details will be disclosed upon execution of the sale agreement.
Hero MotoCorp incorporated a wholly-owned CSR subsidiary under Section 8 of the Companies Act on October 29, 2026. The entity 'Hero MotoCorp Foundation' will undertake CSR initiatives.
Meesho will incorporate a wholly owned financial services subsidiary with an initial investment of up to Rs.15 Crore. The subsidiary has not yet commenced business.
EPACK Durable sells its 50% stake in JV Epavo Electricals to Ram Ratna Wires for Rs 15.00 Crore cash. The unrelated buyer is arm's length; completion is expected by 30 November 2026.
Supreme Infrastructure's NCLT order extends the deadline to October 31, 2026 for implementing its Scheme of Compromise. Remaining obligations will be funded through an escrow arrangement.
Robokidz Eduventures will transfer its YEA Mundhwa Activity Centre to wholly owned subsidiary Robokidz Retail for ₹0.18 Crore. The restructuring consolidates activity-centre operations under the subsidiary.
Astra Microwave received exchange observation letters for its Space business demerger into Astra Space Technologies. The scheme remains subject to regulatory approvals.
Praj Industries' board approved in-principle investment of up to ₹100 crore in a joint venture with BPCL. The JV will set up compressed biogas plants across India.
DOLLEX AGROTECH LIMITED will hold a 99.99% stake in newly incorporated wholly owned subsidiary Dollex Green Ventures Private Limited via cash subscription. The entity targets renewable energy, biogas and bio-fertilizers.
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