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.
N2N Technologies announced a change in management and control following a successfully concluded open offer. Harmony Remedies India Private Limited has assumed control, and outgoing promoters are reclassified as public shareholders.
Ashapura Minechem Limited has formally dissolved its step-down subsidiary, Ashapura Holdings Fareast Pte. Ltd., following the completion of voluntary liquidation proceedings.
Elgi Rubber Company Limited's board approved the voluntary winding-up of its inoperative wholly-owned subsidiary, Pincott International Pty Limited. The closure has no material impact on company financials.
Elgi Rubber Company is initiating voluntary winding up of its dormant, non-material wholly-owned subsidiary in Kenya. This closure has no material financial impact on the company.
Elgi Rubber Company approved reversing Rs.1.66 Crore of interest receivable from its overseas subsidiaries to reduce their interest burden and improve financial positions.
GRP Ltd invested ₹2.60 Crore to acquire a 26.43% stake in BECIS Solar 5 Private Limited. This acquisition facilitates captive solar power procurement for the company.
Bal Pharma is incorporating a new Joint Venture in the Philippines to distribute pharmaceutical products. The company will hold a 65% equity stake in this entity.
63 Moons' subsidiary, Ticker Limited, raised funds through a private placement of 1.85 crore equity shares at Rs. 27 per share. This allotment dilutes 63 Moons' holding to 66.76%.
Chatha Foods Limited invested Rs. 0.20 Crore in its subsidiary, Allana CF Foods Private Limited, via a rights issue. This acquisition increases its shareholding to 51%.
KD Green Industries will invest up to ₹15 Crore in its subsidiary, K D Infrastructures, through a fresh capital subscription. This funding supports the subsidiary's operational needs.
Navkar Urbanstructure Limited is divesting its Unit-1 (Pipe Division) to J and M Enterprises via a slump sale for ₹0.01 Crore. This divestment aims to streamline operations.
Rekvina Laboratories allotted 50,87,750 equity shares on a preferential basis, aggregating ₹5.09 Crore, to acquire Radiant Parenterals Limited as a wholly-owned subsidiary.
Mukka Proteins Limited is acquiring a 25.98% stake in Swachha Eco Solutions Private Limited for ₹0.65 Crore. This strategic investment aims to expand its waste management segment.
UltraTech Cement will acquire a 26% stake in Solaris Horizon Energy for ₹27.76 Crore. The investment aims to secure captive solar power for its plants.
Kerala Ayurveda Limited announced the merger of its wholly-owned subsidiary, Ayurvedagram Heritage Wellness Centre Private Limited, into itself. This restructuring aims to consolidate operations and improve efficiency.
Source Natural Foods is incorporating a wholly-owned subsidiary, SN Solar Mangaluru Private Limited, to develop grid-connected solar PV power projects in India.
Max Estates converted its Series A CCDs in subsidiary Max Square Limited into equity shares. This acquisition of equity stake is valued at ₹44.63 Crore.
Paramount Cosmetics sold a property in Valsad, Gujarat, to Paramount Kum Kum Private Limited via a Deed of Conveyance. The transaction size is ₹0.68 Crore.
Dixon Technologies is incorporating a subsidiary, Adivistar Electronics India Private Limited, for OEM manufacturing of electronic devices. Dixon will acquire a 51% stake for ₹2.55 Crore.
Sai Parenterals Limited will acquire a 60% stake in Prathyuk Laboratories Private Limited for ₹15 Crore. This strategic move secures an established R&D setup in the pharma sector.
Vision Infra Equipment Solutions Limited incorporated VISION INFRA EQUIPMENT L.L.C in Dubai as a wholly owned subsidiary. The investment involves cash consideration of ₹6.5 Crore.
Tinna Rubber invested approximately ₹1.29 Crore in its Saudi Arabian subsidiary, Tinna Rubber Arabia Ltd. The investment funded the subscription of 75 shares.