Jammu & Kashmir Bank Merger & Restructuring
J&K Bank entered into an escrow agreement with MetLife International Holdings to facilitate the previously announced sale of its 0.5% stake in PNB Metlife.
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J&K Bank entered into an escrow agreement with MetLife International Holdings to facilitate the previously announced sale of its 0.5% stake in PNB Metlife.
J&K Bank signed an Escrow Agreement with MetLife International and Barclays to facilitate the previously announced sale of its 0.5% stake in PNB Metlife India Insurance.
Modison Ltd sold its wholly-owned subsidiary, Modison HV Private Limited, to promoter-group members for Rs. 27.68 Lakh. This divestment marks the company's complete exit from the non-operative subsidiary.
Bank of Baroda incorporated a new subsidiary, BOB Pension Fund Management Company Limited, with an investment of ₹80.10 Crore to manage pension assets.
Race Eco Chain Limited received an "observation letter" from stock exchanges, granting "no objection" to its draft composite scheme of arrangement (demerger).
PDS Limited has completed the transfer of its 49% stake in DBS Lifestyle. Consequent to this disinvestment, the investee entities have ceased to be associates.
Dixon Technologies incorporated a new subsidiary, Adivistar Electronics India Private Limited, investing Rs. 2.55 Crore for a 51% equity stake.
Ather Energy Limited is incorporating a wholly-owned subsidiary, Ather Energy Hong Kong Limited, for Rs.2.02 Crore. The entity will support supply chain procurement in the APAC region.
Ather Energy Limited incorporated a new Wholly Owned Subsidiary, 'Ather Energy Hong Kong Limited', in Hong Kong to support its Asia-Pacific procurement functions.
Share India Securities Limited will invest Rs. 120 Crore to incorporate a new subsidiary focused on providing wealth management and allied financial services.
Atal Realty Limited, a subsidiary of Atal Realtech Limited, has become a partner in Arika Lifespaces LLP with an initial capital contribution of Rs. 0.015 Crore.
Shekhawati Industries will subscribe as a partner in the proposed Shekhawati New Energy LLP, holding up to 69% stake to drive renewable energy projects.
Anlon Healthcare incorporated ANLON Healthcare Nigeria Limited, holding 90% stake. The subsidiary aims to expand pharmaceutical and healthcare operations across 16 West African countries.
Thyrocare's board approved sale of 100% in Nueclear Healthcare to Trovera for ~₹141.40 Crore. The move exits radiology to refocus on core pathology business.
DBL sells its 1,363 MW solar portfolio stake to Alpha Alternatives at an enterprise value of ₹6,829 Cr. The deal advances its asset-light, asset-recycling strategy.
Clean Max sells 26% stakes in three subsidiaries for a combined ₹78,000. The company also appoints Vipin Balan as Head – Projects.
HSCL board approved demerging Dalmia Bharat Refractories' Tyre Business into the company as a going concern. The demerged business had INR 149.31 crore turnover in FY26.
Arvaya Healthcare has incorporated a wholly-owned subsidiary, Arvaya Insurance Broking Private Limited, for an investment of ₹0.80 Crore. This entity will provide insurance broking services.
Rexnord Electronics & Controls Ltd. approved the divestment of its entire stake in its wholly-owned subsidiary, Rexnord Enterprise Private Limited. Details will be provided upon agreement execution.
Kalyan Jewellers invested ₹350 Crore in its wholly-owned subsidiary, Candere Lifestyle Jewellery, via a rights issue. The funds will be used for loan repayment.
Motherson Technology Services Limited, a subsidiary of the Company, has completed a capital reduction process. It is now a wholly owned subsidiary of the Company.
HMA Agro completed the sale of its 100% stake in subsidiary FNS Agro Foods Limited for ₹5.01 Crore. The subsidiary ceases to be part of the company.
Mefcom Capital Markets sold its entire stake in subsidiary Mefcom Securities to its promoter, Vijay Mehta, for ₹2.58 Crore.
NDL Ventures Limited announced that the NCLT has scheduled the final hearing for the merger of Hinduja Leyland Finance Limited with the company for October 01, 2026.
Cohance Lifesciences invested USD 10 million (₹95 Crore) into its subsidiary NJ Bio, Inc. to subscribe for new Compulsorily Convertible Preferred Stock.
Megri Soft's UK subsidiary, Megrisoft Limited, ceased to be a subsidiary following a share allotment that diluted Megri Soft's stake to 14.29%.
Indoco Remedies will incorporate a new wholly owned subsidiary, Warren Lifesciences Private Limited, for the pharmaceutical business with an initial capital of Rs. 1 Lakh.
Premier Energies Limited announced the voluntary winding-up of its step-down subsidiary, IBD Solar Powertech (Pvt.) Ltd, effective September 13, 2026.
Alphageo (India) Limited ceased its subsidiary status in Alphageo Offshore Services Private Limited following a rights issue dilution. Control was lost on September 18, 2026.
RNFI Services Limited has received name approval from the Ministry of Corporate Affairs for its proposed Wholly Owned Subsidiary, RNFI Credit Technologies Private Limited.