REC Merger & Restructuring Worth ₹5.59 Cr
REC Limited sold its subsidiary, Balsane Power Transmission Limited, to Resonia Limited for ₹5.59 Crore following a competitive bidding process.
- Value
- ₹5.59 Cr
- From
- Resonia Limited
ALFA Filings
Every announcement, straight from the exchange
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.
Time
3,558 announcements with these filters
REC Limited sold its subsidiary, Balsane Power Transmission Limited, to Resonia Limited for ₹5.59 Crore following a competitive bidding process.
Panache Digilife Limited incorporated a new wholly-owned subsidiary, Quantron Technology Limited, in Hong Kong. The cash investment for this subscription is ₹0.06 Crore.
Panache Digilife incorporated a wholly owned subsidiary, Quantron Technology Limited, in Hong Kong. The investment in the subsidiary is HKD 50,000.
Chartered Logistics Ltd's subsidiary, Chartered Comcare IFSC Limited, will exit the GIFT IFSC SEZ scheme and apply for strike-off. The subsidiary has not commenced operations and represents a net worth of ₹0.02 Crore.
Ganesh Consumer Products' board approved the sale of its Hyderabad unit's movable and immovable assets. The decision aligns with the company's strategy to focus on Eastern India geography.
Power Finance Corporation has incorporated Malegaon Power Transmission Limited as a wholly-owned step-down subsidiary. This SPV will facilitate a 400/220 kV transmission project in Nashik, Maharashtra.
G. G. Dandekar Properties completed the disposal of unused land situated at Bhiwandi for a total consideration of ₹2.01 Crore.
Valencia Nutrition Limited incorporated three new subsidiaries: Valencia POS Solutions, Valencia Consumer Products, and Valencia Snacks & Healthy Bites, holding a 75% stake in each entity.
Magson Retail and Distribution Limited has incorporated a new wholly-owned subsidiary, 'MAGSONS SUPERCENTRE PRIVATE LIMITED', to expand its business operations.
KPI Green Energy Ltd incorporated a new wholly-owned subsidiary, "KPGC Two Private Limited," for ₹0.01 Crore to support its renewable energy business expansion.
Raghav Productivity Enhancers Limited is incorporating a new subsidiary, RPEL TRLK Silicatech Private Limited, by subscribing to 8,000 equity shares for Rs. 0.008 Crore.
Raghav Productivity Enhancers Ltd incorporated a new Joint Venture company, 'RPEL TRLK Silicatech Private Limited', in which it holds an 80% stake.
REC Ltd transferred its entire stake in Ranipur Chunar Power Transmission Ltd to H G Infra Engineering Ltd for Rs.1.88 Crore.
Transcorp International stated that its Scheme of Arrangement will not be progressed further in its current form following communication from the principal regulator.
The Sandur Manganese & Iron Ores Ltd incorporated a new wholly owned subsidiary, Royal Sandur MedTech Private Limited, for medical devices and consumables manufacturing.
RPG Life Sciences announced the amalgamation of its wholly-owned subsidiary, Actis Generics, into its other subsidiary, RPG Active Pharma Limited. No share exchange is involved.
Aegis Vopak Terminals Limited has incorporated a wholly owned subsidiary named "Aegis Energy Terminals Limited" as of September 25, 2026.
Aegis Logistics incorporated a new step-down subsidiary, Aegis Logistics International Pte Ltd, in Singapore. The new entity, a wholly-owned subsidiary, has not yet commenced operations.
One 97 Communications completed the conversion of convertible instruments in its subsidiary, Little Internet Private Limited, totaling ₹14.76 Crore.
Kotak Mahindra Bank's wholly-owned subsidiaries, Kotak Mahindra Investments and Kotak Alternate Asset Managers, have approved a scheme of amalgamation. This restructuring aims for group simplification.
Constronics Infra sold a stake in its subsidiary, Constronics Energy Solution, for Rs. 2.80 Crore. The subsidiary ceases to be wholly owned, with 68.85% retained.
Sammaan Capital's Second Motion Petition for a proposed Scheme of Arrangement with Sammaan Finserve was admitted by the NCLT, with the next hearing on November 16, 2026.
QMS Medical Allied Services Limited approved a composite demerger scheme for its healthcare business and the acquisition of a 100% stake in BeamOptics Scientific Private Limited.
Magnum Ventures received an NCLT order on its First Motion application regarding the proposed scheme of arrangement to demerge its paper business into Magnum Paperz Limited.
Adani Energy Solutions incorporated a new wholly-owned subsidiary, Arasan Step V Limited, for electricity-related business, with a cash investment of Rs. 0.05 Crore.
Adani Energy Solutions Ltd incorporated eight new wholly owned subsidiaries, Arasan Step V to XII, for electricity business activities with an aggregate investment of ₹0.40 Crore.
Edelweiss Financial Services completed the sale of a 45% stake in its subsidiary, Nido Home Finance, to CA Sardo Investments and Salisbury Investments for Rs. 2,027.27 Crore.
Usha Martin Limited executed a Business Transfer Agreement to sell the business undertaking of its subsidiary, U M Cables Limited, to R R Kabel Limited.
Emiac Technologies Limited is incorporating Emiac Inc., USA, as a wholly-owned subsidiary by subscribing to 10 million shares for $100.
Shubhshree Biofuels Energy Limited is incorporating a new subsidiary, 'Biomandi India Private Limited', investing Rs. 52,000 for a 52% equity stake.