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NCLT Ahmedabad Bench has directed True Colors Limited to convene meetings of equity shareholders and unsecured creditors for the proposed amalgamation with Inkia Inks Private Limited.
Dr. Lal Path Labs Ltd.'s subsidiary will acquire a 70% stake in Dr Lal PathLabs Indomed LLC to expand its diagnostics services in Uzbekistan.
Shraddha Prime Projects will acquire 91% of Atharva Ventures and 100% of Shraddha Life Spaces for a total consideration of approximately ₹10.38 Crore.
Kiri Industries Limited will acquire a 100% stake in Kiri Capital (IFSC) Private Limited for a total cash consideration of ₹2 Crore.
Cipla Ltd announced that the NCLT has allowed the scheme application for the amalgamation of its wholly-owned subsidiary, Inzpera Healthsciences Ltd, into Cipla Ltd.
Nitin Spinners Ltd has acquired 85,68,162 equity shares of CGE II Hybrid Energy Private Limited. This acquisition represents a 7.36% stake in the entity.
The Phoenix Mills completed its acquisition of equity shares and compulsorily convertible debentures in O2 Renewable Energy XXVIII for Rs. 5.77 Crore.
The Phoenix Mills and its subsidiary Offbeat Developers have completed their subscription to equity shares and debentures in O2 Renewable Energy XXVIII.
TSF Investments Limited will subscribe to a preferential issue by Wheels India Limited for Rs. 150 Crore. The acquisition of 10,57,827 shares aims to consolidate holdings.
Ceigall India Limited's management committee approved an investment of Rs. 29.44 Crore in its subsidiary, Ceigall Indore Ujjain Greenfield Highway Limited. The funds support a 48.10 Km highway project.