Chemkart India Merger & Restructuring Worth ₹1.3 Cr
Chemkart India acquired additional shares in its WOS Easy Raw Materials Pvt Ltd for Rs. 1.30 Crore cash. The investment utilises IPO proceeds for subsidiary working capital.
- Value
- ₹1.30 Cr
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Chemkart India acquired additional shares in its WOS Easy Raw Materials Pvt Ltd for Rs. 1.30 Crore cash. The investment utilises IPO proceeds for subsidiary working capital.
Triveni's Audit Committee and Independent Directors certified distribution of fractional-share sale proceeds under the NCLT-sanctioned composite scheme. Net proceeds of ₹0.12 Crore were distributed to eligible shareholders.
RPG Life Sciences completed the slump sale of its API and intermediates business to Raghava Life Sciences Private Limited, effective September 16, 2026.
Ashoka Buildcon extended the timeline for the sale of stakes in subsidiaries TS-1, TS-2, and TS-3 to October 31, 2026. This update follows prior divestment disclosures.
Zim Laboratories confirmed that its subsidiary, ZIM FZE, completed the previously announced AED 9,16,000 investment in its step-down subsidiary, ZIM Scientific Office LLC.
ACME Solar Holdings Limited incorporated four wholly-owned subsidiaries: ACME Greentech Twenty Five, Twenty Six, Twenty Seven, and Twenty Eight Private Limited. The investment is ₹0.01 Crore.
ACME Solar Holdings Ltd incorporated four wholly owned subsidiaries in the renewable energy sector. The total investment for these incorporations is ₹0.04 Crore.
Vilin Bio Med Limited announced an NCLT-convened meeting on October 15, 2026, to vote on a Scheme of Arrangement with Chemgenix Laboratories Private Limited.
Lemon Tree Hotels' subsidiary Arum Hotels will issue 49% stake to RJ Corp, forming a Joint Venture for the Aurika Shillong project.
Mahindra Lifespace Developers Limited has informed the exchanges that Ample Parks Project 1 and Ample Parks Project 2 have ceased to be its associate companies.
Mukta Arts Limited terminated its transaction documents (Shareholders and Securities Subscription Agreements) with Maverick Media Private Limited due to unresolvable differences. This has no material impact.
K.M. Sugar Mills Ltd. received the certified NCLT order approving its Distillery Division demerger scheme. The appointed date is April 01, 2026.
Share India Securities' stake in subsidiary Silverleaf diluted from 73.09% to 64.81% following non-participation in Silverleaf's recent Rights Issue.
Jupiter Wagons Limited has incorporated a new subsidiary named Jupiter Rail Mobility Private Limited to operate within the railway and engineering industry.
Thermax Limited incorporated a new wholly-owned step-down subsidiary, Thermax Botswana Proprietary Limited, via its subsidiary TECC. The entity will provide support services for power plants.
Titagarh Rail Systems is forming a 50:50 Joint Venture with BHEL to maintain Vande Bharat trainsets. The JV has an initial paid-up capital of ₹0.50 Crore.
Titagarh Rail Systems and BHEL signed a Joint Venture Agreement to form a company for maintaining 80 Vande Bharat trainsets for Indian Railways.
STL Networks is incorporating a new Wholly Owned Subsidiary, STL Networks DC Limited, for its digital infrastructure business, with an initial paid-up capital of ₹0.01 Crore.
BHEL signed a Joint Venture Agreement with Titagarh Rail Systems Limited to form a JVC for maintaining Vande Bharat Sleeper Trainsets for 35 years.
BHEL and Titagarh Rail Systems will form a 50:50 joint venture company for the 35-year maintenance of Vande Bharat Sleeper trainsets.
Nephrocare's Philippines subsidiary acquired a dialysis center from Renal One Dialysis Corp for ≈₹10.25 Cr. The asset transfer expands the company's dialysis network.
Adon Agro Commodities incorporated a wholly owned subsidiary in Chile subscribing USD 10,000 in shares. The entity will source, process and export fruits and agricultural products.
Zodiac Energy incorporated a SPV, ZODIAC ENERGY IPP-3 Private Limited, for solar power generation and EPC projects. The company subscribed ₹0.01 Crore as 100% paid-up capital.
Lemon Tree Hotels' subsidiary, Carnation Hotels, entered a JV with RJ Corp. RJ Corp acquires a 49% stake in Arum Hotels for ₹4.77 Crore.
Gland Pharma is acquiring Gland Pharma USA Inc. for ₹4.81 Crore to streamline its corporate structure by making it a direct wholly-owned subsidiary.
Lloyds Metals' subsidiary, Lloyds Global Resources FZCO, incorporated a new step-down subsidiary, Vector Asset Holdings Limited, in the Isle of Man for $1.
Kesoram Industries announced a change in the control and management of its subsidiary, Cygnet Industries Limited, pursuant to a Share Purchase Agreement with Frontier Warehousing Limited.
Valencia Nutrition Ltd has incorporated a wholly owned subsidiary, VALENCIA NUTRITION GULF TRADING - FZCO, in Dubai to expand its international F&B trading business. The cost is 0.26 Crore.
Aurobindo Pharma's subsidiary, A1 Biochem Labs (India), invested USD 1,000,000 (approx. ₹9.5 Crore) to incorporate and capitalize a new US subsidiary, A1 Biochem USA Inc.
Waaree Renewable Technologies' subsidiary incorporated Sunstar Data Centers Private Limited. This new entity will focus on data center infrastructure and digital services in India.