Manaksia Coated Metals & Industries Merger & Restructuring Worth ₹3.02 Cr
Manaksia Coated Metals reported secured creditors' unanimous approval for its amalgamation with JPA Snacks. The creditors' total debt value is ₹3.02 Crore.
- Value
- ₹3.02 Cr
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Manaksia Coated Metals reported secured creditors' unanimous approval for its amalgamation with JPA Snacks. The creditors' total debt value is ₹3.02 Crore.
Unsecured creditors approved the Scheme of Amalgamation with JPA Snacks Private Limited. Voting results show 97.57% of the value of votes cast in favor.
Hind Rectifiers incorporated Hirect Global Holdings Limited in the UAE for Rs.0.38 Crore. The new subsidiary will act as a global investment holding company.
Hind Rectifiers incorporated a wholly-owned subsidiary, Hirect Global Holdings Limited, in Dubai. The new entity will serve as an investment holding company for global operations.
Torrent Power completed the acquisition of Nabha Power Limited for ₹3632.5 Crore. NPL is now a wholly owned subsidiary of the company.
GACM Technologies incorporated a wholly owned subsidiary, Auratrust Tech Limited, in the UK. This expansion aims to grow international software development operations.
Mukka Proteins Limited acquired a 51% stake in Delta Marine Products for Rs.11.10 Crore. The purchase expands its fish‑meal business and enhances market reach.
Elgi Rubber sold land and building in Coimbatore for ₹43.5 Crore to an unrelated buyer. The transaction, approved via special resolution, is completed on 25 June 2026.
Nephrocare's Philippines subsidiary signed a PhP 151.6 million asset transfer to acquire a dialysis centre. The deal adds a healthcare asset to the Group’s portfolio.
RHI Magnesita India and Khemka Refractories have formed a 51-49 JV to build a recycling plant in Odisha. The JV aims to boost economy and raw material security.
Zydus Wellness incorporated a step-down subsidiary in Dubai with AED 300,000 capital. This move supports business expansion in the food and nutrition sector.
Elpro International acquired equity shares of Greaves Cotton Limited for investment. The total cost of acquisition was ₹5.0 Crore.
Tata Steel acquired additional equity in T Steel Holdings Pte. Ltd. for ₹1,625.29 crore. The entity remains a wholly owned subsidiary.
NLC India Renewables signed a joint venture with OREDA Ltd. The partnership focuses on developing 1000 MW green energy projects in Odisha.
Eforu Entertainment entered a film purchase agreement with Buddhipriyay Pictures LLP. The acquisition of film rights involves an estimated outlay of ₹5 Crore.
V R Infraspace completed the Rs.3.45 Crore acquisition of 51% stake in Premdhara Agro. The target now becomes a step-down subsidiary.
PI Industries converted Rs.1,000 Crore of OFCDs into equity shares of its subsidiary, PI Health Sciences. This internal restructuring strengthens the consolidated balance sheet.
Sula Vineyards subsidiary acquired the Domaine Chandon India estate assets for Rs. 14.86 Crore. This acquisition includes land, buildings, and machinery in Nashik.
Ramdevbaba Solvent acquired an additional 14% stake in RBS Renewables for Rs.3.64 Crore. This increases its total ownership in the subsidiary to 64.82%.
L&T received the NCLT certified copy for a Scheme of Arrangement with L&T Realty Properties Limited. The company will now convene a shareholders' meeting.
Muthoot Capital is selling a stressed loan portfolio for ₹96 Crore. The assets have a total principal outstanding of ₹209.10 Crore.
Rose Merc acquired a 30.01% stake in Virtual Gain Technologies for up to ₹1 Crore. This acquisition establishes a board controlled subsidiary in fintech.
Waaree Energies' subsidiary in Australia, Waaree Renewable Energies Australia PTY Limited, has been deregistered. The entity had no turnover or net worth.
Ramdevbaba Solvent acquired an additional 14% stake in RBS Renewables Private Limited for ₹3.65 Crore. This increases their total holding to 64.82%.
Bharat Forge's subsidiary BF Industrial Solutions Limited completed the acquisition of a 90% stake in RS Aerostructures Limited. RSAL is now a step-down subsidiary.
V R Infraspace's subsidiary TEPL completed the acquisition of a 51% stake in Premdhara Agro India. This expands its presence in the food grain business.
Vedanta Limited incorporated a wholly owned subsidiary, Vedanta Property Platforms Limited. The entity will serve as a strategic platform for real estate business.
Clean Science and Technology invested ₹50 Crore in its wholly-owned subsidiary, Clean Fino-Chem Limited. The capital will fund the subsidiary's various projects.
Medi Assist will buy 31.75% of Mayfair for about ₹7.37 Crore, lifting its stake to 91.75%. Cash will come from preferential allotment proceeds.
RDB Infrastructure and Power Ltd will acquire 100% partnership interest in Arankam Green Energy Solution for Rs 0.9 Crore. The deal adds a 6.3 MW solar project to its portfolio.