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.
Mahindra & Mahindra Ltd. announced the divestment of its entire 99.04% stake in step-down subsidiary Erkunt Sanayi Anonim Şirketi to Hisarlar Makina Sanayi ve Ticaret A.Ş. and others for ~₹0.02 Crore. The transaction, expected to conclude by July 2026, aligns with the company's capital allocation framework and marks its exit from the foundry business.
Nibe Limited has completed the sale of its step-down subsidiary, Nibe Aeronautics Limited (NAL), for ₹1.52 Crore to Mr. Nibe Ganesh Ramesh. Consequently, NAL has ceased to be a subsidiary of the company effective April 9, 2026.
Tarsons Products Limited has completed a ₹3.24 Crore equity infusion into its wholly-owned subsidiary, Tarsons Lifescience Pte Ltd. This transaction follows a board approval from February 2026 for a total planned investment of 3 million Euros.
Kamdhenu Ventures Limited approved a ₹13.01 Crore investment in its wholly-owned subsidiary, Kamdhenu Colour and Coatings Limited (KCCL). The investment, made via a rights issue, will fund business operations and expansion. KCCL remains a 100% subsidiary, and the transaction is expected to conclude by April 30, 2026.
Nibe Limited's subsidiary, Nibe Defence and Aerospace Limited, completed the sale of 15,20,000 shares in Nibe Aeronautics Limited (NAL) to Mr. Ganesh Nibe on April 09, 2026. Consequently, NAL has ceased to be a step-down subsidiary of the company.
Prestige Group entered a joint venture with ABIL Group to develop a 6-acre land parcel in Versova, Mumbai, via Aaramnagar Realty LLP. The project has a development potential of 1.7 million square feet and an estimated Gross Development Value of over ₹9,000 Crore. This marks the company's strategic expansion into Mumbai's premium residential market.
Shri Techtex Limited executed a Sale Deed on April 08, 2026, to sell its commercial property in Ahmedabad to Aurum Nets Private Limited for ₹6.25 Crore. The transaction involves related parties as company promoters are also directors of the buyer. The sale was concluded at arm's length price to divest immovable assets.
VA Tech Wabag Limited executed a Shareholders Agreement to form a bioenergy SPV with Peak Sustainability Partners. Wabag holds a 51% stake (5,100 shares) with an initial investment of ₹0.01 Crore. Both parties agree to a three-year lock-in period and intend to eventually invest up to 50% economic interest each.
VA Tech Wabag executed a Shareholders Agreement with PEAK Sustainability Venture Fund and Partners for their CBG joint venture in Ghaziabad. Both parties will maintain equal board representation and economic interests of up to 50% each. The agreement includes a three-year lock-in period for the SPV's shareholding.
Sical Logistics announced the amalgamation of its promoter, Pristine Malwa Logistics Park, into its promoter group entity, Pristine Logistics & Infraprojects. The merger aims to achieve operational synergies and simplify the corporate structure. There will be no change in management or paid-up capital of the Company, though the promoter name will be updated in shareholding records.
S.P. Apparels Limited invested ₹6.02 Crore (USD 6,50,000) as equity into its Sri Lankan wholly owned subsidiary, S.P. Apparels International Private Limited. The investment supports global business expansion and cost-effective garment manufacturing.
RattanIndia Enterprises Limited transferred its 100% stake in Cocoblu Retail Limited to its other wholly owned subsidiary, Neobrands Limited. This internal restructuring does not change the company's ultimate ownership or control of Cocoblu Retail, which remains a step-down subsidiary.
Tarsons Products Ltd completed a ₹3.21 Crore (EUR 300,000) equity investment in its Singapore-based subsidiary, Tarsons Life Science Pte. Ltd. The capital will fund loan repayments and general corporate expenses.
Wipro Limited has scheduled a board meeting on April 16, 2026, to consider a proposal for the buyback of equity shares. Trading windows for designated persons are closed from March 16 to April 18, 2026.
ZIM Laboratories Limited has invested Rs. 0.89 Crore (AUD 1,35,000) into its subsidiary ZIMTAS Pty Ltd. This investment is part of a total approved amount of up to Rs. 2 Crore for equity shares in the subsidiary.
LTM Limited (formerly LTIMindtree) announced the dissolution and liquidation of its wholly-owned subsidiary, LTIMindtree Spain, S.L. The closure was finalized by the Commercial Registry of Madrid effective March 31, 2026. This reflects a corporate rationalization of its international footprint.
Zim Laboratories Limited invested ₹0.89 Crore (AUD 1,35,000) into the equity shares of its subsidiary, ZIMTAS Pty Ltd. Following this investment, the company now holds 99.96% of the subsidiary's total share capital. This move follows an approved investment limit of up to ₹2.00 Crore.
Maharashtra Seamless Limited has voluntarily struck off its subsidiary, Internovia Natural Resources FZ LLC. The subsidiary had a net worth of ₹0.40 Crore and zero income. The closure is not expected to impact the company's financial position or operations.
Adani Green Energy's subsidiary has entered into a joint venture with IHC Group's Minerva Holding for RE project development in India. AGEL UAE will hold up to a 20% interest in the JV. This strategic partnership leverages IHC's global scale and Adani's renewable expertise for capacity expansion.
Adani Green Energy's subsidiary, AGEL UAE, signed a Joint Venture Agreement with Minerva Holding RSC Ltd to develop RE projects in India. AGEL UAE will hold up to a 20% interest in the newly formed JVCo.
Transworld Shipping Lines Ltd has completed the sale and delivery of its vessel, M.V. SSL Krishna, to Avana Logistek Limited at Chennai. The transaction was finalized on April 8, 2026, following the execution of the Protocol of Delivery and Acceptance.
Refex Industries Limited has invested ₹4.85 Crore in its existing subsidiary, Venwind Refex Power Limited, through the acquisition of additional shares. The investment aims to meet the subsidiary's funding requirements in the wind power and energy sector.
Refex Industries Limited increased its stake in subsidiary Venwind Refex Power Limited to 77.77% by converting a ₹4.85 Crore loan into equity shares. Additionally, the subsidiary redeemed OCDs worth ₹3 Crore held by the company. The transaction aims to optimize the subsidiary's debt-equity ratio and strengthen its capital structure.
Amir Chand Jagdish Kumar (Exports) Ltd plans to establish a wholly owned subsidiary in Singapore. The new entity will serve as a strategic hub for sourcing specialty rice varieties like Jasmine and Hommali from Thailand and Vietnam, enhancing the company's global supply chain and product offerings.
Repono Limited's subsidiary has incorporated a new wholly-owned step-down subsidiary, Repono Mathura Terminals Private Limited, on April 08, 2026. The new entity will focus on the warehousing industry, involving a capital subscription of ₹0.01 Crore. This move aligns with the company's strategy to expand its business footprint in the warehousing sector.
Amir Chand Jagdish Kumar (Exports) Ltd has approved the establishment of a new subsidiary in Singapore. The entity will function as a strategic hub to expand the company's specialty rice portfolio and enhance international trade operations.
Clean Science and Technology Limited is investing ₹50 Crore in its wholly-owned subsidiary, Clean Fino-Chem Limited (CFCL). The additional capital will fund CFCL's ongoing projects in the speciality chemicals sector. This investment strengthens the parent company's commitment to its subsidiary's growth and operational expansion.
Clean Science and Technology Limited invested ₹50.0 Crore in its wholly owned subsidiary, Clean Fino-Chem Limited, via a rights issue subscription. The additional capital will fund CFCL's specialty chemical projects, supporting the group's manufacturing expansion and project development.
Aurobindo Pharma announced a buyback of up to 54,23,728 equity shares at ₹1,475 per share, totaling ₹800 Crore. The buyback will be conducted on a proportionate basis via the tender offer route for eligible shareholders as of the April 17, 2026 record date.
Oberoi Realty Limited announced the merger of its subsidiary, Nirmal Lifestyle Realty Private Limited, into itself. As the subsidiary is wholly owned, no new shares will be issued, and its existing share capital will be cancelled. The merger aims to consolidate operations within the real estate and hospitality segments.
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