Every merger & restructuring announcement on NSE and BSE that our alert engine sent, newest first. Each one has its own page with the summary, the key figures and the original filing.
Newmalayalam Steel Limited invested ₹1.50 Crore in its subsidiary, Prime NMS Private Limited, via a rights issue. The company acquired 1,50,000 shares at par, increasing its total stake to 91.76%. This capital infusion supports the subsidiary's operations in manufacturing and engineering.
Minda Corporation Limited incorporated a new joint venture entity, Spark Minda Turntide Private Limited, on April 11, 2026. The JV with UK-based Turntide Drives Limited will manufacture advanced EV powertrain solutions, including motor controllers and axial flux motors. Minda Corp holds a 49% stake in the new Indian entity.
Linc Limited has invested ₹5.61 Crore in its subsidiary, Morris Linc Private Limited, through the allotment of 56,05,235 equity shares at par. The capital will be utilized for capital expenditure and working capital. Linc Limited maintains its 50.01% majority stake in the subsidiary.
Cyient Ltd announced that the NCLT, Bengaluru, has ordered the liquidation of its 50:50 joint venture, Infotech HAL Limited. Mr. Vasudevan Gopu has been appointed as the Liquidator. The liquidation was proposed to mitigate further financial losses as the entity has been non-operational for three years with no active business operations.
Alkem Laboratories Limited incorporated a new wholly-owned subsidiary, Alkem Pharma Trading FZCO, in the UAE on March 27, 2026. The new entity will focus on exporting pharmaceutical products to African, South East Asian, and non-UAE markets. This strategic move aims to expand the company's international footprint and export capabilities.
Systematix Corporate Services Limited is investing ₹35.0 Crore in its wholly owned subsidiary, Systematix Shares and Stocks (India) Limited. The investment involves subscribing to 17,50,036 equity shares at ₹200 each to fund working capital. This strategic move aligns with a previously approved shareholder resolution to strengthen the subsidiary's capital market operations.
Alkem Laboratories Limited incorporated a wholly owned subsidiary, Alkem Pharma Trading FZCO, in Dubai, UAE, on March 27, 2026. The ₹9.18 Crore investment aims to facilitate pharmaceutical exports to African, South East Asian, and non-UAE markets. This strategic move strengthens Alkem's international presence and export capabilities.
Mankind Pharma Limited's Board has approved the winding-up of its Sri Lankan wholly owned subsidiary, Mankind Pharma Lanka (Private) Limited. The entity had no active operations and became unviable due to regulatory changes. This closure is not expected to materially impact the company's consolidated financials.
Adani Enterprises Limited, through its step-down subsidiary Adani Airport City Limited, incorporated four new wholly owned subsidiaries on April 11, 2026. These entities will focus on real estate activities, building construction, and hospitality services (hotels and motels) across Mangaluru, Jaipur, Lucknow, and TRV airport locations.
Embassy Developments Limited has agreed to sell its subsidiary, Sepset Real Estate Limited, to Pen India Limited for ₹100 Crore. The transaction is expected to conclude by June 10, 2026. The buyer is not a related party, and the sale was conducted at arm's length.
Samvardhana Motherson International Limited's indirect wholly owned subsidiary, SMRC Automotive Interior Modules Croatia d.o.o., has been dissolved effective April 11, 2026. The subsidiary had negligible operations with a FY 2024-25 turnover of ₹2.79 Crore. The voluntary dissolution was pursued due to a lack of new business and high maintenance costs.
Samvardhana Motherson International Limited announced the voluntary dissolution of its indirect wholly owned Croatian subsidiary, SMRC-Croatia, effective April 11, 2026. The entity was dissolved by the Commercial Court of Zagreb as it had no foreseeable new business. The subsidiary's contribution to the company's consolidated turnover and net worth was negligible at 0.00%.
Embassy Developments Limited entered an agreement to sell its 100% stake in subsidiary Sepset Real Estate Limited to Pen India Limited for ₹100.00 Crore. Sepset owns the 'Mega Mall' project in Jodhpur. The transaction aims to unlock value and strengthen the company's balance sheet, with completion expected within 60 days.
Everest Industries Ltd concluded the Phase I sale of 16.84 acres of vacant land at Podanur to G Square Properties Private Limited. The total transaction value is ₹133.86 Crore, with ₹100.83 Crore received to date. The remaining 6.48 acres are expected to be transferred by November 4, 2026.
Pee Cee Cosma Sope Ltd has updated the nominee shareholders for its wholly-owned subsidiary, India Trading Infra Limited. This administrative change involves shifting three nominee shares to new individuals. The company confirmed there is no change in beneficial ownership, control, or the subsidiary's status as a wholly-owned entity.
Pee Cee Cosma Sope Ltd approved a ₹3.50 Crore capital infusion into its wholly-owned subsidiary, India Trading Infra Limited. The investment involves subscribing to 35,00,000 equity shares at par to support working capital and business expansion.
Adani Enterprises Limited incorporated four new step-down wholly owned subsidiaries: AMACL, AJACL, ALACL, and ATACL. Each entity has a paid-up capital of ₹0.10 Crore, totaling ₹0.40 Crore. These subsidiaries will focus on real estate activities, including airport city developments, construction, and hotel management.
Rudra Ecovation Limited announced that the NCLT Chandigarh Bench has admitted the second motion petition for its merger with Shiva Texfabs Limited. This follows the tribunal's review on April 10, 2026. The merger remains subject to further regulatory approvals and marks a significant step in the companies' strategic consolidation.
Kamdhenu Ventures Limited invested ₹13.01 Crore in its wholly-owned subsidiary, Kamdhenu Colour and Coatings Limited (KCCL). The investment involved subscribing to 3,614 equity shares at ₹36,000 per share on a rights basis.
Craftsman Automation Limited has completely exited its equity investment in RC Green Powers Private Limited (RCGPPL). The company now holds zero shares or interest in the entity. Management stated the exit has no material impact on operations or financial position.
One 97 Communications Limited, through its subsidiaries, has incorporated a new wholly-owned subsidiary in Indonesia called PT PAYTM INDONESIA TEKNOLOGI. The company subscribed to 15,00,000 shares for an aggregate amount of approximately ₹8.15 Crore (IDR 15 billion). This move marks a strategic expansion into the Indonesian market.
One 97 Communications Limited incorporated a new wholly owned step-down subsidiary in Indonesia, PT PAYTM INDONESIA TEKNOLOGI, on April 10, 2026. The company subscribed to 15,00,000 equity shares for an aggregate value of approximately ₹8.15 Crore. This expansion strengthens Paytm's international operational footprint.
Ambuja Cements Limited announced that the merger of Penna Cement Industries Limited into the company became effective on April 10, 2026. Penna Cement now stands dissolved without winding up. The company will pay cash consideration to Penna Cement's equity shareholders as of the effective date.
Genus Prime Infra Limited allotted 5,07,76,631 equity shares to shareholders of Genus Power Infrastructures Ltd following a demerger of the Strategic Investment Business. The allotment, based on a February 2026 record date, follows NCLT approval. The resulting company will now apply for listing on the BSE.
Syrma SGS Technology Limited announced that its joint venture company has changed its name from Syrma Strategic Electronics Private Limited to Shinhyup Syrma Circuits Private Limited. This change, effective April 10, 2026, follows approval from the Ministry of Corporate Affairs and relates to the JV agreement with SH Electronic Co. Limited.
Mahindra & Mahindra is selling its step-down subsidiary, Erkunt Sanayi Anonim Şirketi, to Hisarlar Makina Sanayi ve Ticaret A.Ş. for approximately ₹256.02 Crore. The transaction includes extinguishing external debt and is expected to conclude by July 2026. The subsidiary contributed 0.49% to M&M's consolidated turnover in FY2025.
Aesthetik Engineers Limited has called an NCLT-convened meeting on May 15, 2026, to seek shareholder approval for the merger of La Reliant Aluminium Limited. The consolidation aims to integrate operations through a scheme of arrangement. This strategic absorption will merge the transferor's business into Aesthetik Engineers.
Genus Power Infrastructures Limited announced the apportionment of acquisition costs following the demerger of its Strategic Investment Business into Genus Prime Infra Limited. Shareholders will receive 1 share of Genus Prime Infra (FV ₹2) for every 6 shares held in the Company (FV ₹1). The cost of acquisition is apportioned at 90.05% for the parent and 9.95% for the resulting company.
Kamdhenu Ventures Limited remitted ₹13.01 Crore to subscribe to 3,614 equity shares of its wholly-owned subsidiary, Kamdhenu Colour and Coatings Limited. The investment, made through a rights issue offer at ₹36,000 per share, strengthens the subsidiary's capital base.
Bhagyanagar India Limited filed a Joint Company Petition with the NCLT for a composite scheme involving the amalgamation of Bhagyanagar Copper Private Limited and the demerger of its copper business into Tieramet Limited. The NCLT has admitted the petition and scheduled a hearing for June 9, 2026. Tieramet's equity shares are intended to be listed on the NSE and BSE.
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