Acquisition announcements

Juniper Hotels Acquisition

Juniper Hotels has signed a binding MoU with Imagicaaworld Entertainment to acquire Hotel Novotel Imagicaa, located in Khopoli, Maharashtra.

Juniper Hotels Acquisition Worth ₹248 Cr

Juniper Hotels Ltd signed a binding MoU to acquire the operating Novotel Imagicaa hotel from Imagicaaworld Entertainment Ltd for a total consideration of Rs. 248 Crore.

Value

₹248.0 Cr

From

Imagicaaworld Entertainment Ltd

guest rooms

287.0 rooms

Frog Innovations Acquisition Worth ₹36 Cr

Frog Innovations Limited approved the 100% acquisition of VLS Developers Private Limited for ₹36 Crore to secure the entity's underlying land and building assets.

Value

₹36.00 Cr

Execution

Within 2 months

Relaxo Footwears Acquisition

Relaxo Footwears executed definitive agreements with Clean Max MUOI to procure renewable energy for its Haryana manufacturing facilities under a group captive mechanism.

Sangam (India) Acquisition Worth ₹4.76 Cr

Sangam (India) Limited acquired a 0.97% stake in CGE II Hybrid Energy Private Limited for ₹4.76 Crore to secure captive renewable energy for its Rajasthan plants.

Value

₹4.76 Cr

renewable power consumption

5.0 MW

Indo National Acquisition Worth ₹0.5 Cr

Indo National acquired an additional 0.79% stake in Medcuore Medical Solutions for ₹0.50 Crore, taking its total shareholding in the subsidiary to 63.07%.

Value

₹0.50 Cr

Execution

Upto FY 2027-28

Jaykay Enterprises Acquisition Worth ₹25 Cr

Jaykay Enterprises acquired 25 lakh preference shares in its wholly-owned subsidiary, JK Defence & Aerospace Limited, for ₹25 Crore. This transaction involves a cash capital infusion.

Value

₹25.00 Cr

Jaykay Enterprises Acquisition Worth ₹2 Cr

Jaykay Enterprises acquired additional preference shares in its wholly-owned subsidiary, JK Digital & Advance Systems, for Rs. 2 Crore.

Value

₹2.00 Cr

Goyal Salt Acquisition Worth ₹0.77 Cr

Goyal Salt Limited invested Rs. 0.77 Crore to subscribe to a rights issue of its subsidiary, Goyal Foods Industries Private Limited. The transaction maintains its majority stake in the salt refining entity.

Value

₹0.77 Cr

Sai Parenterals Acquisition Worth ₹15 Cr

Sai Parenterals Limited has acquired a 60% stake in Prathyak Laboratories Private Limited for ₹15 Crore. This acquisition provides an operational R&D facility in Hyderabad.

Value

₹15.00 Cr

product pipeline

150.0 SKUs

Vardhman Textiles Acquisition Worth ₹41.85 Cr

Vardhman Textiles approved a Rs. 41.85 Crore investment for a 26% stake in Serentica Renewables India 32. This captive power project includes 80 MW of wind and solar capacity.

Value

₹41.85 Cr

renewable power capacity

80.0 MW

NHC Foods Acquisition Worth ₹52.8 Cr

NHC Foods' subsidiary signed a non-binding LOI to acquire a 75% stake in Singapore-based DNR Ventures for USD 5.5 Million (₹52.8 Crore).

Value

₹52.80 Cr

RNFI Services Acquisition Worth ₹12 Cr

RNFI Services Limited will acquire business correspondent undertakings from Arth Rural Connect and AgroServe Global for a maximum aggregate consideration of ₹12 Crore on a slump sale basis.

Value

₹12.00 Cr

From

Arth Rural Connect Services Private Limited and AgroServe Global Technologies Private Limited

Execution

Within 90 days

Hindustan Aeronautics Acquisition

Hindustan Aeronautics Ltd (HAL) has agreed to acquire the remaining 50% stake in HATSOFF Helicopter Training Pvt. Ltd. from CAE, Canada, for nil consideration.

Aurobindo Pharma Acquisition

Aurobindo Pharma's subsidiary, Apitoria Pharma, has completed the acquisition of the Contract Research Services business of A1 Biochem Group. The deal integrates CRO capabilities into Apitoria's operations.

Aurobindo Pharma Acquisition Worth ₹146.4 Cr

Aurobindo Pharma's subsidiary acquired 100% ownership of US-based A1 Biochem Labs LLC for USD 15.247 million in an all-cash deal.

Value

₹146.4 Cr

BN Agrochem Acquisition

BN Agrochem Ltd received an NCLT order granting a 90-day extension to convene shareholder and creditor meetings related to its ongoing Scheme of Amalgamation.

Bajaj Finserv Acquisition Worth ₹5,800 Cr

Bajaj Finserv will subscribe to convertible warrants of its subsidiary, Bajaj Finance Ltd, for a total cash consideration of Rs. 5,800 Crore.

Value

₹5,800 Cr

From

Bajaj Finance Limited

Tata Consultancy Services Acquisition

TCS announced an agreement to transition Best Buy’s Global Capability Center in India to its organization, creating an AI-centered innovation hub under a multi-year agreement.

Tata Steel Acquisition

Tata Steel received the NCLT Mumbai order sanctioning the Scheme of Amalgamation of its wholly-owned subsidiary, Rujuvalika Investments Limited, into the Company.

Atul Auto Acquisition Worth ₹18.34 Cr

Atul Auto Ltd acquired additional shares in its wholly-owned subsidiary Khushbu Auto Finance Limited for Rs. 18.34 Crore via a rights issue.

Value

₹18.34 Cr

Capital Trade Links Acquisition Worth ₹1 Cr

Capital Trade Links acquired a majority stake in Rhythms Industries for Rs. 0.9975 Crore, making Rhythms a subsidiary. This acquisition provides strategic investment in the FMCG sector.

Value

₹1.00 Cr

Polyplex Corporation Acquisition Worth ₹73.49 Cr

Polyplex Corporation approved a final sale consideration of ₹73.49 Crore for its previously completed 51% stake acquisition in PDPL. This follows post-closing adjustments.

Value

₹73.49 Cr

One Point One Solutions Acquisition Worth ₹25.82 Cr

One Point One Solutions Limited has acquired an additional 2.75% stake in its subsidiary, One Point One Technology Labs Private Limited, for ₹25.82 Crore via debt extinguishment.

Value

₹25.82 Cr

Integra Switchgear Acquisition Worth ₹302.7 Cr

Integra Switchgear approved the acquisition of 95% of Magnatech Co. Ltd for Rs. 298.67 Crore and a preferential issue to a director for Rs. 4 Crore.

Value

₹302.7 Cr

Execution

Within 12 months from the Annual General Meeting

Grand Foundry Acquisition Worth ₹256.8 Cr

Tikona Communication Limited approved acquiring Fusionnet Web Services Limited for ₹256.84 Crore. The board also authorized a preferential issue of equity shares and warrants.

Value

₹256.8 Cr

Tata Consultancy Services Acquisition Worth ₹0.01 Cr

TCS is acquiring 100% of BBY Services India LLP for ₹0.01 Crore to establish an AI Native Capability Center. The acquisition will be completed within 4 weeks.

Value

₹0.01 Cr

Execution

3–4 weeks

CapitalNumbers Infotech Acquisition Worth ₹40 Cr

The company received shareholder approval to vary IPO objects, reallocating unutilized funds to acquire 100% of Epitomecloud for approximately ₹40 Crore.

Value

₹40.00 Cr

Integra Switchgear Acquisition

Integra Switchgear's AGM passed seven resolutions, including the approval for the acquisition of 1,65,93,000 shares of Magnatech Co. Ltd and an increase in authorized share capital.

Arvind Fashions Acquisition Worth ₹50 Cr

Arvind Fashions' subsidiary ALBL will invest ₹50 Crore in its subsidiary AYBPL by subscribing to additional equity shares. The group's effective stake in AYBPL remains 100%.

Value

₹50.00 Cr