Mukka Proteins Limited will acquire a 16.77% stake in Shipwaves Online Limited for ₹13.19 Crore. This strategic investment aims to leverage synergies in the logistics sector.
Welspun Investments and Commercials Limited will acquire 100% of Vishvakarma Realty Private Limited for Rs. 0.05 Crore. The target will become a wholly owned subsidiary by September 2026.
Tata Consumer Products acquired an additional 5% stake in Capital Foods Private Limited from Wildflower Private Trust. This increases the company's total holding to 80%.
Royal Cushion Vinyl Products Limited announced that its merger with Royal Spinwell and Developers Private Limited has become effective. The NCLT-sanctioned scheme is retroactive to October 1, 2021.
Vipul Organics' membrane unit, ADIMEM Technologies, has acquired an advanced industrial membrane manufacturing platform from Aquaporin, Denmark. The platform will be relocated to ADIMEM's Gujarat facility.
Telge Projects Limited's material subsidiary, Telge Global Inc., signed an agreement to acquire 100% of Wheaton Detailing Services, Inc. for US $85,000. The acquisition expands operations in the USA.
Happiest Minds Technologies will merge into ITC Infotech India Limited. The board approved this amalgamation to leverage operational synergies and enhance long-term shareholder value.
Lodha Developers Limited is acquiring the remaining 20% stake in Bellissimo Infratech Private Limited for ₹73.52 crore, making it a wholly owned subsidiary.
Silkflex Polymers acquired the business of M/s Sylera Inc. to enhance production capacity. The company also announced the launch of new textile and wood coating products.
Integra Switchgear approved a preferential issue of 26.67 lakh shares and the acquisition of a 95% stake in South Korea's Magnatech Co. Ltd. via share swap.
Himadri Speciality Chemical Acquisition Worth ₹0.52 Cr
Himadri Speciality Chemical has incorporated a new wholly-owned subsidiary, Ardent Impex FZCO, in Dubai. The company will invest ₹0.52 Crore in cash for this venture.
ITC Limited's subsidiary, ITC Infotech, will acquire a 22.106% stake in Happiest Minds Technologies Limited for Rs. 1,330 crore, followed by an amalgamation.
International Gemological Institute's subsidiary, IGI Dubai, has approved acquiring 100% control of IGI Botswana. The target entity will become a step-down subsidiary of the company.
Millworks Technologies Ltd will acquire a 67% stake in Vidwan Aeronautics Private Limited by converting an outstanding loan of ₹2.75 Crore into equity shares.
Shanti Gold International Acquisition Worth ₹3.87 Cr
Shanti Gold International Limited acquired 1,44,817 shares of Lalithaa Jewellery Mart Limited for Rs. 3.87 Crore. This secondary market investment strengthens its portfolio.
Shanti Gold International Acquisition Worth ₹3.88 Cr
Shanti Gold International Ltd acquired 1,44,817 equity shares of Lalithaa Jewellery Mart Limited for Rs. 3.87 Crore. This investment represents a 0.03% stake in the target company.
Muthoot Finance Limited approved the amalgamation of its wholly owned subsidiary, Muthoot Money Limited, with itself. The merger aims to simplify group structure and unlock operational synergies.
StarlinePS Enterprises Limited completed the acquisition of a 20% equity stake in Celloraa Energy Private Limited. The transaction involved a total consideration of Rs. 40 Crore.
IIRM Holdings India Ltd's subsidiary, IIRM Global, allotted 29.98 lakh equity shares to the company. The allotment converts an existing Rs. 34.78 Crore unsecured loan into equity.
Novus Loyalty Limited signed a term sheet to acquire an 80.87% stake in AutoPe Payment Solutions Limited. The cash transaction is valued at approximately ₹105.13 Crore.
Novus Loyalty Limited has signed a term sheet to acquire a stake in AutoPe Payment Solutions Limited. The acquisition will occur in stages through agreements with existing shareholders.
AXISCADES Technologies will acquire a majority stake in Cloud Wave Technologies for approximately ₹260 Crore to expand its aerospace manufacturing platform.
Variman Global Enterprises Limited will acquire a 99.99% stake in Scotland-based Ecogenics Technologies and Systems Limited via share swap. This strategic acquisition aims to expand into African markets.
KD Green Industries Limited invested ₹15 Crore in its subsidiary, K D Infrastructures Private Limited, through the subscription and allotment of 20,00,000 equity shares.
Tata Chemicals' subsidiary, TCNA, acquired soda ash customer contracts from Searles Valley Minerals for USD 21.16 million. The acquisition expands its US market presence.
Aster DM Quality Care approved the amalgamation of its step-down subsidiaries, KIMSHEALTH Executive Leisure and Spiceretreat Hospitality Services. No cash consideration is involved in the scheme.