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Excelsoft Technologies is incorporating a new Wholly Owned Subsidiary, EXCELSOFT TECHNOLOGIES CANADA LTD, to expand its business and operational presence in the North American market.
Excelsoft Technologies has incorporated a wholly-owned subsidiary, Excelsoft Technologies Canada Ltd., to support North American expansion. The entity is yet to commence operations.
Prodocs Solutions approved its 7th AGM notice and fixed September 22, 2026, as the record date for dividends. It also announced selling its 19% stake in Sevasarthi.
Patel Engineering Limited completed the sale of its 32% stake in ACP Tollways Private Limited for Rs 55 Crore. This transaction was finalized on August 28, 2026.
McLeod Russel India Limited entered an MoU to sell its Tarajulie Tea Estate for ₹22.75 Crore. This asset disposal aims to facilitate part-payment of debt.
Cupid Limited's board has approved establishing a South African manufacturing venture. The company will hold a 49% stake, while the partner funds capital and operations.
S V Global Mill Limited's board approved a Scheme of Arrangement for the cancellation of 10,91,187 unclaimed physical shares. This capital reduction will shift all shares to demat mode.
The Sandur Manganese & Iron Ores Limited announced name changes for two material subsidiaries, Arjas Steel and Arjas Modern Steel, as part of a group re-branding.
Tata Steel acquired an equity stake in its wholly-owned subsidiary, T Steel Holdings Pte. Ltd, for ₹1,340.16 crore. The acquisition maintains TSHP as a wholly-owned subsidiary.
Cipla Ltd. announced an internal restructuring where Aspergen Limited, India, acquired a 100% stake in Aspergen Inc., USA, from existing group subsidiaries.
Metropolis Healthcare transferred its External Quality Assessment Services Division to subsidiary MQSPL for ₹1.25 Crore. The transfer was executed via a slump sale.
Osel Devices Limited reported a merger between its related entities, Osel Healthcare Private Limited and SFL Hearing Solutions Private Limited, to simplify corporate structure.
Waaree Renewable Technologies is selling its wholly-owned subsidiary, Waaree Green Data Centers Private Limited, to promoter Waaree Energies Limited for Rs. 1 Lakh cash.
Kanishk Aluminium India Limited will incorporate a new subsidiary, Falcon Global Business Limited, acquiring a 70% stake. The investment is ₹0.25 Crore.
Hazoor Multi Projects Limited's subsidiary, Square Port Shipyard Private Limited, issued shares, diluting the parent company's stake from 96.33% to 53.76%.
Hazoor Multi Projects' subsidiary, Square Port Shipyard, issued 1,18,800 shares to Master Financial Services for ₹25.85 Crore. This issuance reduced the parent's subsidiary stake to 53.76%.
Adani Power sold its entire stake in subsidiary Chandenvalle Infra Park Limited to AdaniConneX for Rs. 535.69 crore. This transaction was completed on August 27, 2026.
GP Petroleums has signed an Exclusivity Agreement with Incubit DMCC. This agreement allows the company to evaluate a potential strategic acquisition of assets in India and Africa.
Info Edge will exit its minority investment in Skyserve Inc. through a share repurchase agreement. The transaction results in complete disinvestment by September 26, 2026.
Mahindra Lifespace Developers Limited has approved the sale of its entire stake in four associate companies to Omega Warehouse Holdings 2 Limited for ₹80 Crore.
Mangalam Seeds Ltd has retired from its 50% partnership interest in Kena Print Pack for a cash consideration of Rs. 1.50 Crore.
Star Housing Finance announced it is negotiating with a potential investor for a majority stake acquisition and fund infusion, leading to a complete promoter transition.
TVS Holdings Limited received the NCLT Chennai Bench order sanctioning its Scheme of Arrangement. The scheme involves issuing fully paid-up preference shares as a bonus to shareholders.
Transformers and Rectifiers (India) Limited will incorporate a subsidiary in the UK, Maxwell Grid Transformers (UK) Private Limited. The company will invest GBP 10 million for a 51% stake.
Nyssa Corporation's board approved the sale of its entire stake in associate firm Om Vasistha Developers. The transaction includes all assets and liabilities, pending shareholder approval.
Bikaji Foods has entered a strategic partnership with bakery expert Thayekunni Khaleel, transferring a 30% equity stake in its subsidiary, Bikaji Bakes, to him.
Prime Focus Limited's indirect subsidiary, DNEG S.a.r.l, incorporated a wholly owned subsidiary named DNEG Middle East FZ LLC in the UAE.
Sapphire Foods has terminated the SPA for the previously proposed Secondary Sale Transaction. The merger process with Devyani International Limited continues as planned without this condition.
Welspun Investments & Commercials completed the divestment of 60 lakh shares in Welspun Corp Limited for Rs. 1,365.18 Crore via a block deal.
Senores Pharmaceuticals Limited plans to incorporate a new entity in Canada for pharmaceutical supply and distribution. The company will hold a majority 51% stake.