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.
L.T. Elevator Limited will acquire 100% of Ricardo Elevators Private Limited via a share swap, discontinuing the previously proposed merger. This acquisition will be financed through a preferential issue of equity shares worth ₹12.99 Crore.
Jet Freight Logistics will increase its borrowing and charge-creation limits to ₹250 Crore, while setting a ₹150 Crore limit for loans and investments. The company also announced a capital infusion into its US subsidiary and the voluntary dissolution of its Dutch subsidiary.
Mankind Pharma has incorporated a wholly-owned subsidiary in the Netherlands, "Mankind Pharma (Netherlands) B.V.", with an issued capital of ₹55.06 Crore.
Jay Kailash Namkeen will acquire Vayuveer Solutions as a subsidiary via a share swap. The board approved issuing 33.74 lakh shares worth Rs. 15.25 Crore.
Star Housing Finance informed that certain promoters and shareholders signed a non-binding Letter of Intent to sell a 33.52% stake to Cateye Consultancy Services Private Limited.
Anlon Healthcare will acquire significant stakes in Apiqo Organics (44.94%) and Bizotic Lifescience (47.41%) for a total consideration of approximately ₹153.30 Crore. Acquisitions involve a share swap via preferential issue.
Niyogin Fintech Limited is selling its subsidiary, Investdirect Capital Services Private Limited, for up to ₹11.75 Crore. The transaction is subject to performance milestones.
Entertainment Network (India) Limited disclosed that the Ministry of Information and Broadcasting approved transferring broadcasting permissions to Times Horizon Private Limited, a BCCL subsidiary.
Gretex Industries approved acquiring Chaitak Sales and Dailmer Industries to expand operations. These acquisitions, valued at approximately ₹14.50 Crore, aim to strengthen the company's business presence.
JSW Cement Limited's board approved participating in JSW One Platforms Limited's IPO as a promoter selling shareholder. The offer for sale aggregates up to ₹123.00 Crore.
Waaree Energies' subsidiary signed a joint venture agreement with SmartenGrand Ltd to manufacture semiconductor products. This venture will set up a fabrication unit in India.
IDream Film Infrastructure Company Limited will incorporate a 100% wholly-owned subsidiary for IT and biometric technology. The initial cash investment is ₹1.00 Crore.
Le Travenues Technology has agreed to sell its stake in associate Freshbus Private Limited for ₹36.60 Crore. The divestment results in Freshbus ceasing to be an associate.
Foseco India will acquire Vesuvius India's Mehsana manufacturing facility for ₹43.25 Crore in a slump sale. This acquisition aims to expand the company's operational scale.
Curis Lifesciences Limited has acquired a 49.95% stake in CUROSUN PHARMACEUTICAL NIG LTD, Nigeria, for Rs. 5 Lakhs to expand its pharmaceutical market presence.
TeamLease Services signed an agreement to exit its 30% stake in joint venture Crystal HR for ₹10.12 Crore. This divestment aligns with the company's capital allocation priorities.
CDSL received SEBI approval to invest ₹5 Crore in Open Network for Digital Commerce (ONDC). This strategic investment will be executed in one or more tranches.
Oceanic Foods Limited has approved the incorporation of Wholly-Owned Subsidiaries in Jamnagar, Gujarat, to enter the retail food business. Further details will be disclosed in due course.
Sumit Woods Limited is acquiring a 99% stake in Arcstone Capital Management LLP for ₹0.01 Crore. This investment supports the Company's strategic management and advisory activities.
Indigo Paints approved exploring the acquisition of an additional 11% stake in its subsidiary, Apple Chemie India Private Limited. Detailed disclosures will follow upon agreement execution.
Adani Enterprises acquired 100% of Path Highways LLP for ₹91.34 crore. The acquisition expands the company's footprint in the road infrastructure sector.
V R Infraspace Limited has completed the acquisition of an additional 5% stake in its subsidiary, Daxon Realty Limited, for ₹0.67 Crore. This transaction increases their total stake to 56%.
Nephrocare Health Services' overseas step-down subsidiary signed an Asset Transfer Agreement to acquire assets of Juan Nephro Dialysis Center for PhP 71.8 million.
Leo Dryfruits acquired ownership rights to the 'Kinjal' brand and exclusive distribution rights from Vijay Ratilal Mehta HUF. The deal involves a 2% royalty payment.
Sudarshan Pharma Industries Ltd will acquire 3,000 shares, representing a 30% stake, in Sudarshan Maven Pharma Private Limited. This strategic acquisition will make the entity a wholly-owned subsidiary.