REC Merger & Restructuring Worth ₹0.05 Cr
REC Limited incorporated Nawada Durgapur Power Transmission Limited as a wholly-owned subsidiary. The entity will act as a project-specific vehicle for power transmission projects.
- Value
- ₹0.05 Cr
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REC Limited incorporated Nawada Durgapur Power Transmission Limited as a wholly-owned subsidiary. The entity will act as a project-specific vehicle for power transmission projects.
Kitex Garments issued an addendum to its shareholder meeting notice regarding a Scheme of Arrangement with Kitex Childrenswear. The update includes NCLT-directed financial disclosures and valuation metrics.
Apollo Micro Systems will acquire Premier Explosives for Rs. 2,125.65 Crore. This strategic defense acquisition includes promoter shares and a mandatory open offer.
CESC subsidiary Purvah Green Power incorporated five new wholly-owned subsidiaries. These entities will explore opportunities within the renewable power sector.
Apollo Micro Systems signed an SPA to acquire 41.33% of Premier Explosives for ₹1,551.08 Crore. This triggers a mandatory open offer under SEBI SAST Regulations.
GAIL increased its stake in Konkan LNG Limited to 100% following an NCLT-approved capital reduction. Shares worth Rs.148.11 Crore were cancelled and extinguished as part of the scheme.
Aditya Birla Fashion and Retail received NCLT sanction for its merger with Jaypore E-Commerce and TG Apparel. The scheme becomes effective from August 1, 2026.
Dixon Technologies executed a JV agreement with vivo Mobile India to manufacture electronic devices. Dixon will hold 51% stake in the newly formed JV company.
Rotographics (India) approved acquiring a 51% stake in Teneron Limited. The board also approved a 1:5 stock split and name change to Novalum Materials Limited.
Allcargo Global Limited is selling its subsidiary Comptech Solutions to Transindia Real Estate Limited. The cash-based related party transaction is expected to conclude by July 30, 2026.
Profectus Capital received a 'No Objection' letter from NSE for its merger with UGRO Capital. The scheme remains subject to NCLT and shareholder approvals.
Deepak Phenolics Limited invested Rs. 120 Crore in Deepak Chem Tech Limited via preference shares. The capital infusion supports project expenses and strengthens the subsidiary's capital base.
JSW Infrastructure incorporated a new wholly-owned subsidiary for a port project in Kolkata. The initial subscription cost for the entity is Rs. 0.01 Crore.
Haldyn Glass's associate company will acquire a 1.39% stake in Jamnagar Renewables for Rs.3.74 Crore. The acquisition supports renewable power procurement under a captive generation scheme.
Shreenath Paper Products incorporated Shreenath Paper Industries Private Limited as an associate company. It holds a 50% stake following a Rs. 0.05 Crore investment.
Transindia Real Estate Ltd completed acquisition of 7 lakh CSPL shares for ₹23.59 Crore, gaining a 48.28% stake. CSPL becomes its subsidiary.
Aurobindo Pharma Ltd created a new wholly‑owned subsidiary, PT Auro Pharm Indonesia, acquiring it for Rs.10.58 Crore cash. The step‑down subsidiary completes the incorporation on July 9 2026.
Aion-Tech Solutions completed a Rs.10.4 Crore investment in its subsidiary Roqit Greenfleet. The acquisition aligns with its earlier board‑approved equity contributions.
AION-TECH Solutions invested Rs. 0.6 Crore in its wholly owned subsidiary Roqit Greenfleet. Total investment in the zero-emission fleet technology entity now reaches Rs. 10.40 Crore.
Aurobindo Pharma disclosed its subsidiary PT Aurogen Pharma Indonesia has created PT Auro Pharm Indonesia, subscribing cash of IDR 20 billion. The unit will manufacture in Indonesia.
Gujarat Fluorochemicals Limited informs the exchange of No‑Objection letters from BSE and NSE for its Scheme of Arrangement with Inox entities. The filing updates stakeholders on regulatory clearance.
MKP Mobility Ltd disclosed a substantial share acquisition under SEBI SAST Regulation 10(5). The filing indicates a takeover activity without monetary details.
Allcargo Global sold its step-down subsidiary, Comptech Solutions, to Transindia Real Estate for ₹24 Crore. The transaction was completed as a related party deal.
M M Forgings announced the merger of its subsidiary D V S Industries following NCLT approval. The scheme is now effective, and the transferor company stands dissolved.
State Bank of India entered agreements to sell a 1.4156% stake in SBI Funds Management for Rs. 1,655 crore. The pre-IPO transaction involves 30 investors.
Manorama Industries approved the incorporation of a wholly owned subsidiary in Chad. The entity will focus on trading shea nuts and butter for approx. 0.14 Crore.
GMR Power's subsidiary GKSPL allotted equity to Grasim Industries for a 10 MW solar project. This changes GKSPL's status from wholly-owned to a 71% step-down subsidiary.
Jubilant Agri and Consumer Products received an NCLT order allowing the first motion application for its demerger scheme. The court directed convening meetings for shareholders and creditors.
Dhampur Bio Organics completed the acquisition of a 74% stake in DBION Private Limited for Rs. 74,000. DBION is now a subsidiary and joint venture entity.
Desi Farms India acquired 96.91% of SNA Milk and 99.95% of DFSU for Rs. 543.22 Crore. The acquisition was completed via a share swap arrangement.