Rites Merger & Restructuring Worth ₹0.01 Cr

Rites Price Movement Clarification

RITES Limited clarified that recent significant movements in share volume are entirely market-driven. The company confirmed it has no undisclosed price-sensitive information at this time.

Rites Other Announcement

RITES disclosed a CRISIL ESG rating of 63 (core rating 79) under Reg 30. The company confirmed it did not engage CRISIL; the rating was independently prepared.

Rites Board Meeting Date

RITES Ltd scheduled its Board meeting for November 4, 2026, to approve Q1/H1 FY27 results and consider a second interim dividend. Trading window closed since October 1.

Rites Management Change

RITES Ltd has appointed Dr. Sandeepa Malhotra as an Independent Director on its Board for a three-year tenure, effective from October 6, 2026.

Rites Legal & Regulatory

RITES Limited received a favorable tax order from the Deputy Commissioner (Ahmedabad) granting relief of ₹38.30 Crore concerning an appeal for FY 2019-20.

Value

₹38.30 Cr

Rites Price Movement Clarification

RITES Ltd clarified that the recent significant movement in share volume is completely market-driven and not due to any undisclosed company information or pending announcements.

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

Vraj Iron & Steel Merger & Restructuring Worth ₹4.55 Cr

Vraj Iron and Steel transferred 396,000 MVK Industries shares to promoter Gopal Sponge for Rs 4.55 Crore. The sale was completed on October 28, 2026.

Value

₹4.55 Cr

KPIT Technologies Merger & Restructuring Worth ₹19.2 Cr

KPIT Technologies will incorporate a new Vietnam subsidiary for mobility engineering, with 100% control. The company commits USD 2 million (about Rs 19.20 Crore) in cash.

Value

₹19.20 Cr