ALFA Filings
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Every merger & restructuring announcement on NSE and BSE that our alert engine sent, newest first.
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2,982 announcements
Mirza International Limited received NCLT Allahabad Bench approval for the amalgamation of its wholly-owned subsidiary, RTS Fashion Limited, with itself. The merger is effective from the appointed date of April 1, 2025. This internal restructuring aims to streamline operations and corporate structure without changing the ultimate beneficial ownership.
One 97 Communications Limited announced the voluntary winding up of its associate, Paytm Payments Bank Limited (PPBL), following RBI instructions. The process is subject to regulatory and legal proceedings, with any consideration to be determined by the winding-up authority. This marks a significant restructuring of the company's banking associate operations.
Kiran Vyapar Ltd's step-down subsidiary, Sukhday Greenview Private Limited, has ceased to exist following its merger into Maharaja Shree Umaid Mills Limited. The NCLT-approved scheme became effective April 25, 2026. In consideration, the transferee company will issue 170 equity shares for every 25 preference shares held by the group's subsidiary.
One 97 Communications Limited announced the voluntary winding up of its associate, Paytm Payments Bank Limited (PPBL), following RBI license cancellation. The company confirms PPBL's contribution to its financials was nil and expects no material impact on its independent operations, including the Paytm app and UPI services.
K.M. Sugar Mills Limited is convening an NCLT-directed meeting of unsecured creditors on May 30, 2026, to approve a demerger scheme. The arrangement involves spinning off business divisions into KM Spirits and Allied Industries Limited. This restructuring aims to unlock shareholder value and separate business lines.
K.M. Sugar Mills Limited has scheduled an NCLT-convened meeting of unsecured creditors on May 30, 2026. The meeting seeks approval for a Scheme of Arrangement to demerge its business into KM Spirits and Allied Industries Limited. This restructuring follows directions from the Hon'ble NCLT Allahabad Bench to unlock value for stakeholders.
Mirza International Ltd's board has in-principally approved a restructuring to segregate its manufacturing, branded retail, and leather processing verticals into separate entities. The move aims to unlock value by creating distinct business units. Detailed terms and financial implications will be disclosed once finalized and approved by the Board.
EMA Partners India Limited approved a buyback of up to 7,25,000 equity shares at ₹100 per share, totaling ₹7.25 Crore. The buyback will be conducted via a tender offer to shareholders as of the April 30, 2026 record date. This represents 3.12% of the company's total paid-up equity share capital.
K.M. Sugar Mills Limited (KMSM) is convening a shareholder meeting on May 30, 2026, to approve the demerger of its Distillery Division into KM Spirits and Allied Industries Limited. Shareholders will receive 1 share of the resulting company (face value ₹10) for every 5 shares held in KMSM (face value ₹2).
K.M. Sugar Mills Limited is demerging its Distillery Division into a separate listed entity, KM Spirits and Allied Industries Limited. Shareholders will receive 1 share of the resulting company for every 5 shares held in the demerged company. The move aims to provide strategic flexibility and unlock value through independent market-driven valuations.
K.M. Sugar Mills Ltd. has scheduled meetings for equity shareholders and unsecured creditors on May 30, 2026. The meetings seek approval for a proposed demerger between the company and KM Spirits and Allied Industries Limited, following directions from the NCLT Allahabad Bench.
Polycab India Limited incorporated a wholly-owned subsidiary, Polycon Infra Projects Private Limited (PIPPL), on April 24, 2026. PIPPL has an authorized capital of ₹1.00 Crore and will focus on EPC projects in the power and telecom sectors. Polycab holds 100% of the initial 1,00,000 equity shares subscribed at face value.
Pritika Auto Industries' subsidiary, Pritika Engineering Components Limited, invested USD 50,000 (₹0.47 Crore) in Omnia Engineering Inc., USA. This transaction makes Omnia Engineering a wholly-owned step-down subsidiary. The investment aims to leverage growth opportunities in the US engineering market.
Pritika Engineering Components Limited invested ₹0.47 Crore (USD 50,000) for 5,00,000 shares in Omnia Engineering Inc., USA. Following the allotment, Omnia Engineering Inc. will become a wholly-owned subsidiary. The investment aims to leverage new growth opportunities in the US engineering market.
Restaurant Brands Asia Limited approved an investment of IDR 35 Billion in its Indonesian subsidiary, PT Sari Burger Indonesia. The investment involves subscribing to 35,000 non-convertible preference shares to meet business requirements. The transaction is a related party transaction conducted at arm's length and is expected to be completed within two months.
Veranda Learning Solutions shareholders approved a Composite Scheme of Arrangement to demerge its Commerce vertical into a separate entity. The meeting, convened per NCLT directions, aims to unlock value and enhance scalability for the business line. The resolution was passed with the requisite majority through remote e-voting and electronic voting during the meeting.
Cryogenic OGS Limited will incorporate a new 51% owned subsidiary, Infravolt Engineering Private Limited, in India. The company will invest ₹0.03 Crore by subscribing to 25,500 equity shares. This expansion into the engineering sector aims to manufacture precision components for power, energy, and railway infrastructure segments.
KPI Green Energy Limited incorporated a new wholly owned subsidiary, KPGC Global Corporation IFSC Private Limited, in GIFT City, Gujarat. The subsidiary has an authorized and subscribed capital of ₹2.00 Crore and will provide treasury and financial management services.
Signature Green Corporation Limited has approved the merger of its wholly-owned subsidiary, Arvind Foods Limited, with itself. The merger aims to consolidate businesses, achieve operational synergies, and streamline administrative efforts. Since Arvind Foods is a 100% subsidiary, no new shares will be issued and the shareholding pattern remains unchanged.
Cyient Limited's board has approved a share buyback worth up to ₹720.0 Crore via the tender offer route. The company proposes to repurchase up to 6,400,000 equity shares at a price of ₹1,125 per share. This represents approximately 5.76% of the company's existing paid-up equity capital.
Mahindra & Mahindra executed a Novation and Amendment Agreement regarding its existing joint venture with Manulife. Manulife has transferred all rights and obligations under the JVA to its wholly owned subsidiary, Manulife Holdings (Bermuda) Limited. Other terms of the original agreement remain unchanged, ensuring continuity in the joint venture's operational framework.
JSW Steel and Japan’s JFE Steel Corporation have officially unveiled their 50:50 joint venture, JSW JFE Steel Limited, in Odisha. The entity integrates steel operations in Sambalpur, combining JSW's operational excellence with JFE's technological expertise. This milestone celebrates 15 years of strategic alliance and aims to drive sustainable steelmaking in India.
Sun Pharmaceutical Industries Limited incorporated a new 100% subsidiary, Sun Pharma America, Inc., in the USA on April 23, 2026. The entity belongs to the pharmaceutical industry and was established for internal group structuring purposes through initial cash consideration.
Mahindra & Mahindra executed a novation agreement regarding its life insurance joint venture with Manulife. Manulife transferred all rights and obligations under the 2025 agreement to its wholly-owned subsidiary, Manulife Holdings (Bermuda) Limited. Core JVA terms remain unchanged as the subsidiary assumes all original obligations.
Shakti Pumps (India) Limited has invested ₹10.00 Crore in its wholly-owned subsidiary, Shakti EV Mobility Private Limited. The investment was made via cash subscription to equity shares to support the subsidiary's business of manufacturing electric vehicle motors and chargers. This move strengthens the company's commitment to the EV mobility segment.
EMA Partners India Limited has fixed April 30, 2026, as the Record Date for its equity share buyback. This date will determine the eligibility of shareholders to participate in the offer. The move follows board approval for the share repurchase program aimed at returning capital to shareholders.
EMA Partners India Limited announced a ₹7.25 Crore buyback of 7,25,000 equity shares at ₹100 per share via a tender offer. The record date is set for April 30, 2026, with the offer opening on May 7, 2026. Promoters have declared they will not participate in the buyback.
Lux Industries Limited is incorporating a new wholly owned subsidiary with an initial capital of ₹0.05 Crore. The new entity will focus on manufacturing and trading garments and hosiery products in India.
Lux Industries Limited has incorporated a new wholly owned subsidiary (proposed name WOS 1) for the manufacturing and trading of garments and hosiery products. The company will subscribe to 100% of the initial share capital for ₹0.05 Crore in cash.
Lux Industries announced a Family Settlement Agreement involving the Todi family promoters. The agreement envisages a demerger of the company into three separate listed entities: Vertical A (led by Ashok Todi), Vertical B (remaining in LIL under Pradip Todi), and Vertical C (led by Navin Todi). Intellectual property and manufacturing facilities will be realigned accordingly.