Euro Pratik Sales Merger & Restructuring Worth ₹42.7 Cr
Euro Pratik put its proposed ₹42.70 Crore Fabwood Solutions LLP stake acquisition on hold. Next steps are under evaluation with legal advisors.
- Value
- ₹42.70 Cr
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Euro Pratik put its proposed ₹42.70 Crore Fabwood Solutions LLP stake acquisition on hold. Next steps are under evaluation with legal advisors.
TSF Investments will sell its entire 3.74% stake in TVS Holdings to promoter group members. Completion is expected by 2 November 2026, at an unstated market price.
Indegene Ltd disclosed that its step-down wholly owned subsidiary, Indegene Portugal Unipessoal LDA, was incorporated on 23 October 2026. The entity has nil turnover and is yet to begin operations.
Transworld Shipping completed the sale of vessel TBC Kailash to Mandarine Ocean Ltd. Delivery took place in Singapore.
PTC India approved a ₹10 Crore subsidiary to operate a Mineral Exchange in India. Regulatory registration from the Bureau of Mines is required before operations begin.
Avantel's board approved merging wholly-owned subsidiary Imeds Global into the parent, subject to NCLT sanction. A Technical Director was also appointed for three years.
Gravita India incorporated Gravita Recyclers USA Inc. as a wholly owned subsidiary for scrap trading. The US entity received an initial capital of ₹0.48 Crore.
ITC Hotels' board approved incorporating a wholly owned Dubai subsidiary in hospitality, with up to ₹20 Crore capital infusion. The subsidiary will operate hotels and restaurants, subject to regulatory approvals.
Panasonic Energy India's board approved transferring its Makarpura GIDC plot leasehold rights to a buyer. The deal awaits GIDC approvals; no value disclosed.
JoJo Ltd's board approved incorporating 'Jojo Holdings Ltd,' a private company in Dubai's DIFC. This revised Reg 30 filing corrects the earlier announcement's meeting-timing details.
Sunita Tools signed a 50:50 JV agreement to acquire a Bulgarian defence company. Expansion into European/NATO defence sector with acquisition expected within 90 days.
Dynamatic Technologies agreed to sell its UAV vertical as a slump sale to its subsidiary Dynauton Limited for Rs 29.18 Crore in cash. The deal is a related-party transaction, with completion expected by 31 December 2026.
JK Tyre will incorporate JK Global Trading FZ Co. in UAE, holding 100% for Rs 1.05 Crore. It will trade automotive tyres and tubes.
Trent agreed on 22 October 2026 to sell a unit or subsidiary to TreBits Investment Trust, an unrelated buyer. Completion is expected by 31 December 2026.
ideaForge's US subsidiary terminated its JV agreement with First Breach Inc. on October 23, 2026. Closing never occurred, so no shares were issued or capital contributed.
REC Limited disclosed incorporation of Bikaner V Part D Power Transmission Limited, a wholly owned subsidiary via RECPDCL. Cash consideration of ₹0.05 Crore was paid for 100% subscription.
REC Limited disclosed incorporation of three wholly owned power transmission subsidiaries. Each has paid-up capital of ₹5,00,000 and no turnover yet.
DOMS Industries incorporated wholly owned subsidiary DOMS Seven Private Limited on 22 October 2026. The company invested Rs.1 lakh for 10,000 shares, holding 100%.
Cian Healthcare disposed of its Dr. Smiths Biotech subsidiary under an NCLT-approved resolution plan. Its equity was cancelled with nil consideration receivable.
Trent's subsidiary Nahar signed a binding term sheet to divest 100% of Netria Property Holdings to TreBits REIT. Consideration is Rs 11.25 per share plus about Rs 171.91 crore of loan repayment, subject to conditions.
BPCL's board approved a wholly owned subsidiary as a project company for a Ramayapatnam greenfield refinery. No investment decision or financial commitment is taken yet.
Swelect Energy approved off-market transfer of 12,78,000 shares in subsidiary ESG Green Energy to Ramco Industries. ESG Green Energy remains a Swelect subsidiary after the transfer.
JK Tyre approved up to AED 4,00,000 (about Rs.1.00 Crore) for a new Dubai subsidiary. The move expands its overseas tyre business.
Skipper remitted USD 19,560 to its Brazilian subsidiary, lifting its share capital to BRL 1,01,144.76. The amount is within the Board-approved limit of USD 20,000.
Board approved up to INR 1 lakh investment in a proposed wholly owned subsidiary and appointed Srishti Shah as Company Secretary. Company also approved a name change.
Jupiter Life Line Hospitals will incorporate wholly owned subsidiary Holitti Private Limited for healthcare services, subscribing Rs 1 lakh. It will run laboratory and healthcare services.
Coforge's Board noted the completed voluntary liquidation and dissolution of a step-down Italian subsidiary, Digital Mobile Innovations Italy S.R.L. No financial details are disclosed.
DB International seeks EGM approval on November 18, 2026 to sell its retail client business for Rs 5 Crore. Buyers are Choice Equity Broking and Choice Wealth.
XtraNet Technologies' wholly owned subsidiary, XTRANET DATA CENTRE PRIVATE LIMITED, was incorporated on 22 October 2026. Follows the 9 October intimation; no value is stated.
JSW Steel approved incorporation of a wholly-owned UAE subsidiary for overseas investment and trading. Cash consideration of AED 100,000 (~₹0.26 Cr) for 100% equity.