NCLT Kolkata sanctioned the Composite Scheme of Amalgamation for Ashika Credit Capital. This merger consolidates group entities into a unified entity effective April 1, 2025.
The NCLT New Delhi Bench has issued a First Motion Order regarding Ekam Leasing's amalgamation scheme. The tribunal directed a meeting of equity shareholders via video conferencing.
Dreamfolks Services Limited completed the first phase of acquiring ETT Solutions DMCC, reaching a 34% stake. The primary subscription phase is ongoing with extended timelines.
Graphite India invested ₹62.25 Crore to increase its stake in GrafTech International to 9.79%. The acquisition strengthens its position in the graphite electrode industry.
International Conveyors acquired Jain Resource Recycling Limited for ₹5 Crore. This investment expands its footprint into the diversified metals recycling industry.
Jayant Agro-Organics is acquiring a controlling-interest stake in Vithal Castor Polyols for ₹25.37 Crore. The deal enhances operational synergies and streamlines its manufacturing ownership structure.
Somany Ceramics convened an NCLT-ordered meeting to approve merging three subsidiaries. This internal restructuring aims to simplify corporate structure and unlock operational synergies.
PPAP Automotive Limited is merging its wholly owned subsidiary, Avinya Batteries Limited, into itself. The consolidation aims to improve operational efficiency and leadership without changing shareholding.
Asahi Glassplant Inc. acquired a 1.75% stake in Standard Engineering Technology Limited via an inter-se off-market transfer. The acquisition increases its total holding to 5.24%.
NCLT Mumbai Bench sanctioned Gabriel India's Composite Scheme of Arrangement involving amalgamation and demerger. The restructuring aims to reposition the company as a diversified technology-driven mobility solutions provider.
Asian Energy Services Limited will hold an NCLT-convened meeting on June 12, 2026, to approve its merger with Oilmax Energy. Shareholders can vote remotely starting June 9.
United Spirits executed an amended share purchase agreement for RCSPL's sale. The ₹16,660.00 Crore aggregate consideration remains unchanged despite a purchaser consortium reorganization.
Dr. Agarwal’s Health Care received NCLT approval to convene shareholder and creditor meetings regarding its amalgamation with AEHL. Meetings are scheduled for July 02, 2026.
NCLT Chennai Bench directed Dr. Agarwal’s Eye Hospital to convene meetings for its amalgamation scheme on July 02, 2026. The merger remains subject to necessary statutory approvals.
Fedex Finance Private Limited acquired a 16.23% stake in SoftTech Engineers Limited through the open market. This substantial non-promoter acquisition signals significant institutional interest.
Graphite India Limited invested ₹62.25 Crore to increase its stake in NYSE-listed GrafTech to 9.79%. This strategic investment aims to strengthen the company's portfolio.
Reality Merchants Private Limited acquired a 1.25% stake in TAI Industries Limited through the open market. This increases their total holding to 22.60%.
Arvind Limited's subsidiary acquired a 61% stake in Dalco-GFT for ₹1278.40 Crore. The deal expands its global advanced materials footprint into US automotive and geotextile markets.
Rajasthan Global Securities acquired 15,17,685 shares of Restaurant Brands Asia via the open market. This increases their total stake to 7.21% from 6.94%.
Prilika Enterprises Pvt. Ltd. acquired an 8.88% stake in Shashank Traders Limited via an off-market transaction. This increases their total holding to 19.55%.
Tata Communications is acquiring a 26% stake in Clean Max Yuhdul for ₹26,000. This investment supports sustainability goals and enhances renewable energy footprint.
Tata Communications acquired a 26% stake in Clean Max Yuhdul Private Limited for ₹26,000. The investment supports sustainability goals through captive renewable power consumption.
Invicta Diagnostic Limited acquired a 51% stake in Vinchurkar Diagnostics for ₹7.60 Crore. This marks the completion of the first tranche of the proposed acquisition.
Biocon will acquire a minority stake in Biocon Biologics for ₹330.73 Crore via share-swap. The deal consolidates BBL as a wholly owned subsidiary by June 2026.
Ashika Credit Capital received NCLT sanction for its Composite Scheme of Amalgamation. The merger will become effective upon filing the certified order with the ROC.
Citizen Infoline Limited completed its merger with Citizen Solar Private Limited and rebranded as Citizen Solar Limited. The company also shifted its sector classification to renewable energy.
AVB Endeavors Pvt Ltd acquired 2,74,867 shares in Shashank Traders Limited. This off-market purchase increased their total stake from 12.61% to 21.49%.
Bharat Forge completed its ₹132.32 Crore acquisition of a 30% stake in Fortuna Engineering. The target now becomes an associate company of Bharat Forge.
NCLT Chennai sanctioned the merger of Sundaram Auto Components with TVS Motor Company. The amalgamation simplifies group structure and is effective upon filing with the Registrar.
Vilas Transcore Limited acquired 100% equity in Leelajit Foundation. The target becomes a wholly-owned subsidiary, strengthening the company's corporate structure.