Cyber Media (India) received no-objection letters from BSE and NSE regarding its merger with Cyber Media Research & Services. The scheme awaits final regulatory approvals.
Solvex Edibles' material subsidiary approved converting unsecured loans into equity or preference shares. It also adopted new MOA/AOA to expand business activities.
Kisan Mouldings approved a scheme for amalgamation with KML Tradelines and Apollo Pipes Limited. The merger aims to enhance operational efficiency and synergy.
Ipca Laboratories approved the merger of Krebs Biochemicals with a 7:200 swap ratio. The move aims to integrate fermentation-based API manufacturing and secure key supply chains.
3M India approved the sale of non-operational land and building for Rs. 82 Crore. The transaction with Ranjangaon Bio Projects is expected to conclude by June 2026.
Striders Impex approved a Rs.0.3 Crore fund infusion into its UAE-based subsidiary, Striders FZ. The investment aims to support working capital and global trading operations.
Kaiser Corporation received BSE communication regarding its amalgamation scheme with Amazing Deals Limited. The exchange noted non-compliance regarding post-merger shareholding patterns.
Thermax incorporated a new subsidiary in Dubai for Rs.0.94 Crore. The entity will provide project management and turnkey contracting services in the Middle East.
Thermax incorporated a new subsidiary in Dubai for on-site project management. The investment involves a cash consideration of AED 367,000, approximately Rs.0.92 Crore.
Thermax Limited incorporated a wholly owned step-down subsidiary in Dubai. The new entity focuses on on-site project maintenance and management services.
Smartworks' subsidiary acquires Singapore-based WorkStudio Spaces for Rs 18.03 Crore. The deal expands its flex space portfolio to 76,000 sq. ft. across four centres.
Aurobindo Pharma completed the acquisition of a 26% stake in Swarnaaskshu Solar Power for Rs.0.52 Crore. The deal secures solar power under Telangana's captive policy.
Astral Limited approved a restructuring scheme involving a chemicals business demerger and the amalgamation of its subsidiary, Al-Aziz Plastics. The reorganisation aims to enhance operational efficiencies.
Astral approved demerging its ₹1,266.3 Crore Chemicals Business into Astral Chemie Limited. Shareholders will receive one share of the resulting entity for every one share held.