Spacenet Enterprises India Merger & Restructuring Worth ₹2.6 Cr
Spacenet sold 40,00,005 String Metaverse shares on 11 November 2026 at ₹6.49 each. Gross consideration of about ₹2.60 Crore is disclosed as material.
- Value
- ₹2.60 Cr
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Spacenet sold 40,00,005 String Metaverse shares on 11 November 2026 at ₹6.49 each. Gross consideration of about ₹2.60 Crore is disclosed as material.
Abans Financial Services approved incorporating a Hong Kong subsidiary for bullion and securities trading. The cash consideration is Rs 1.20 Crore.
Adani Enterprises reported incorporation of Adani Rovuma Chemicals Limited in UAE on November 10, 2026, via Adani Global Limited. Cash consideration of Rs. 0.94 Crore was stated.
Adani Enterprises' subsidiary Adani Global incorporated Adani Rovuma Chemicals Limited in UAE on November 10, 2026. It is a step-down subsidiary with USD 100,000 paid-up capital.
Kovai Medical extended the completion deadline for the slump sale of its AHS division to a related-party trust to January 31, 2027. Cash consideration is Rs.84.54 Lakhs.
Gita Renewable Energy's board approved becoming a 5% partner in Penthouse Properties LLP, a non-related entity. The company will contribute 22,05,022 Manaksia Coated Metals shares as capital, about 2.08% of that company.
Tulsyan NEC completed the sale of its 12,700 sq. m leasehold industrial land in Goa to Mangal Iron Private Limited for ₹3.81 Crore. The buyer is a third party, not a related party, and the full consideration has been received.
Dabur India disclosed that Atlanta Body and Health Products, a step-down subsidiary, was liquidated and closed effective 10 November 2026. No consideration or financial amount is stated.
Bondada Engineering incorporated Bondada International FZ-LLC in RAKEZ, UAE, as a wholly owned subsidiary. The subscription amounts to AED 20,000, about Rs.0.05 Crore.
Deepak Fertilisers incorporated Mahadhan Nutritek Solutions as a step-down wholly owned subsidiary on 26 October 2026. Initial subscription of Rs 0.75 Crore; no business commenced yet.
Trident Techlabs incorporated a 99%-owned UAE subsidiary, Techlabs Engineering Consultancy L.L.C., in Abu Dhabi. The company subscribed AED 4.95 lakh, about Rs.1.24 Crore, for 495 shares.
Olectra Greentech agreed to sell its 34% stake in Evey Trans (UJJ) to related party Evey Trans Private Limited for Rs 34,000. Completion is expected by February 2027.
Jubilant Ingrevia updated on a restructuring share subscription and purchase agreement closing in two tranches. First tranche is due by November 2026, second by September 2027.
Alkem incorporated a Saudi Arabian joint venture subsidiary, Alkem Pharma Company LLC, on 8 November 2026. It holds 51% after subscribing SAR 38.25 lakh, about ₹9.56 Crore.
AAA Technologies approved four wholly owned subsidiaries in Singapore, Mauritius, Dubai and India. Each entity is in IT security, cybersecurity and technology services.
Tirupati Starch agreed to sell its Indore immovable property to Usha and Arpit Doshi for Rs 2.98 Crore. Completion is expected by 15 January 2027, subject to conditions.
CFF Fluid Control will form a 51% joint venture with TKMS Atlas Elektronik for anti-submarine warfare in India. No deal value is disclosed.
Trom Industries plans to incorporate Trom Energy SPV Private Limited, a solar power subsidiary, holding 98%. The initial cash subscription is Rs 1,96,000 for 19,600 shares.
Yasons Chemex's subsidiary Rishit Polysurf LLP signed a slump sale agreement to sell its chemical manufacturing business to Vasudha Specialities Emulsifiers. Consideration is Rs.29.61 Crore in cash.
Dhruv Consultancy incorporated Valsang Drivehub Private Limited, subscribing to 55% for Rs.0.30 Crore. The subsidiary will execute a wayside amenities project under an NHLML award.
Polyplex Corporation disclosed a letter agreement revising timelines under its CPA and SHA with AGP HoldCo. No money changes hands and management control is unaffected.
Sirca Paints India sold a plot to M/s Dawer Propack Private Limited for Rs. 20.67 Crore in cash, with completion expected by 30-11-2026. The buyer is unrelated to the promoters and the sale is not part of a scheme of arrangement.
Ace Alpha Tech's board approved merging it into Share India Securities, subject to NCLT approval. Shareholders get 863 Share India shares per 1,000 held; no cash.
JSW Steel's wholly owned subsidiary Peddar Realty Limited will subscribe Rs. 2 lakh to form a new real estate entity, which will be a step-down subsidiary. The entity is yet to be incorporated.
Hindware Home Innovation received the certified NCLT order sanctioning its composite demerger and amalgamation scheme, dated 14 October 2026. The effective date and record date will be announced later.
Adani Ports' step-down subsidiary incorporated Continental Energy Terminals B.V. in the Netherlands on 5 November 2026. It was formed for the proposed acquisition of Evos B.V.
Advit Jewels' board approved incorporating wholly owned subsidiary BARIQUE Jewels Private Limited. Subscription of Rs.10 lakh in cash gives the company 100% ownership.
GMR Energy, a subsidiary, subscribed to the MOA of newly incorporated GMR Andhra Pradesh Renewable Energy-II Limited. The Rs. 0.05 crore cash commitment gives 100% control.
Fairchem Organics incorporated Fairchem Corporation, a 75%-owned subsidiary, in Texas, USA on November 5, 2026. The move aims to expand its international footprint.
Steel Strips Infrastructures executed a sub-lease deed selling four remaining SAB Mall Noida shops to SMC Enterprises for Rs.1.25 Crore balance consideration. The buyer is unrelated to promoters.