Nitco Merger & Restructuring Worth ₹4,500 Cr

Nitco Board Meeting Date

NITCO Limited will hold a board meeting on 03 Nov 2026 to consider unaudited standalone and consolidated half-yearly results for the period ended September 2026. Trading window is closed from 01 Oct to 05 Nov 2026.

Nitco Other Announcement

Nitco Ltd has filed its quarterly shareholding pattern for the period ending September 30, 2026, in compliance with SEBI Regulation 31(1)(b) requirements.

Nitco Merger & Restructuring Worth ₹143 Cr

Nitco Ltd completed the conveyance deed for 75% of its Kanjurmarg land, receiving ₹143 crore. The company expects ₹250 crore revenue from future commercial space sales.

Value

₹143.0 Cr

From

R Siddhatva Developers Private Limited

Nitco Annual General Meeting

Nitco Ltd held its 60th Annual General Meeting on September 17, 2026, through video conferencing. Shareholders considered resolutions including financial statements, director re-appointment, and related party transactions.

Nitco Management Change

NITCO Limited appointed Mr. Arihant Kothari as Company Secretary and Compliance Officer, effective September 15, 2026. This follows the board's decision to strengthen governance and management.

Nitco Board Meeting Outcome

Nitco Ltd's Board appointed Mr. Arihant Kothari as Company Secretary, Compliance Officer, KMP, and Senior Management Personnel effective September 15, 2026. No financial transaction or monetary value is involved.

Quint Digital Merger & Restructuring

Quint Digital's board approved a Rule 10b5-1 trading plan and the incorporation of a wholly owned overseas subsidiary. No investment amount was disclosed.

Hexaware Technologies Merger & Restructuring

Hexaware Technologies approved a slump sale of its step-down subsidiary Tech SMC Square India to Tech SMC Squared (GCC) India, a related-party deal. Consideration is cash, yet to be set by a registered valuer.

Execution

Expected completion by 30 June 2027; agreement date stated as 1 December 2026

Emkay Global Financial Services Merger & Restructuring Worth ₹2.75 Cr

Emkay Global agreed to sell its Wealth Management Business to a step-down subsidiary, Emkay Wealth Advisory, for Rs. 2.75 Crore cash. Completion is expected by 26 January 2027.

Value

₹2.75 Cr

Execution

Completion expected by 26 January 2027

TVS Holdings Merger & Restructuring

TVS Holdings forwarded TVS Motor's board outcome of October 28, 2026 approving acquisition of Harita ARC and a composite scheme of amalgamation and demerger. The scheme is subject to stock exchange, SEBI, NCLT and shareholder approvals.

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value

₹30.00 Cr

Execution

Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals

Fortis Healthcare Merger & Restructuring Worth ₹277 Cr

Fortis subsidiary International Hospital acquired Suguna Ramaiah Hospitals' business, operations, land and building for Rs 277 Crore cash. The deal was consummated today, strengthening Bengaluru presence.

Value

₹277.0 Cr