Pine Labs Acquisition Worth ₹88 Cr
Pine Labs Limited is acquiring Shopflo Technologies for ₹88 Crore to enhance its D2C checkout capabilities. The transaction will be completed in cash within three months.
- Value
- ₹88.00 Cr
- Execution
- 3 months
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Pine Labs Limited is acquiring Shopflo Technologies for ₹88 Crore to enhance its D2C checkout capabilities. The transaction will be completed in cash within three months.
Delta Corp subsidiary Marvel Resorts is acquiring a 74% stake in Easymile Parking Solutions for ₹0.03 Crore. This strategic investment expands the group's automated parking business.
Kajaria Ceramics will invest ₹45 Crore in its step-down subsidiary, Kerovit Global Private Limited, via preference shares. The investment aims to improve the subsidiary's debt-equity ratio.
Transindia Real Estate will acquire 100% of Panchghara Logistics Parks for ₹25.99 Crore. The all-cash deal aims to consolidate business operations and enhance logistics infrastructure footprint.
HMA Agro Industries approved selling 100% stakes in subsidiaries FNS Agro and LAAL Agro to promoter group members. Final cash consideration awaits independent valuation reports.
Transindia Real Estate Limited acquired 100% of Panchghara Landscape Private Limited for ₹26.92 Crore. The acquisition aims to consolidate warehousing operations and enhance market presence.
NTPC acquired the remaining 26% stake in NEWS for ₹0.05 Crore to consolidate its Waste to Wealth business. The target entity becomes a wholly-owned subsidiary.
Ethos Limited acquired an additional 2.37% stake in Ethos Lifestyle Private Limited for ₹20.26 crore. This related-party transaction consolidates ownership to strengthen its luxury lifestyle vertical.
Ceinsys Tech Limited invested ₹20.28 Crore in its wholly-owned US subsidiary, Technology Associates Inc. The capital infusion supports growth opportunities in the American engineering services market.
Krystal Integrated Services acquired 100% of Citelum India for Rs. 10,000. The deal expands its footprint in urban infrastructure and smart city utility services.
Transindia Real Estate acquired 100% of Dighanta Landscape Private Limited for ₹31.14 Crore. The acquisition aims to consolidate real estate operations and achieve operational synergies.
Greenply Industries will invest ₹15 Crore in its joint venture, Greenply Samet Private Limited. The capital supports CAPEX and working capital requirements during FY 2026-27.
Jio Financial Services invested ₹300 Crore in its wholly-owned subsidiary, Jio Finance Platform and Service Limited. The capital infusion will fund business operations in financial product distribution.
Kirloskar Pneumatic is acquiring the remaining 44.74% stake in its subsidiary for ₹12.55 Crore. The target becomes a wholly-owned subsidiary, strengthening the company's refrigeration business footprint.
Concord Enviro Systems acquired a 2.87% stake in US-based WaHa Inc. for ₹5.4 Crore. The deal secures exclusive technology licensing rights for India and UAE markets.
Thyrocare Technologies approved a ₹5.50 Crore cash equity infusion into its subsidiary, Think Health Diagnostics. The investment supports working capital and business operations through multiple tranches.
Aequs Limited invested ₹9.23 Crore in its subsidiary, Aequs Engineered Plastics, via a rights issue. The funds will support working capital requirements using IPO proceeds.
Meesho Limited invested ₹100 Crore in its subsidiary, Meesho Payments Private Limited, via equity subscription. The capital will support regulatory requirements and credit facilitation growth.
JK Cement invested ₹4.22 Crore to acquire a 26% stake in Truere Guj SPV Private Limited. The deal secures 70 MWp solar power for its Nimbahera plant.
JK Cement invested ₹2.81 Crore to maintain a 26% stake in Truere Current Private Limited. This SPV will supply 40 MWp solar power to the Gotan plant.
Pidilite's subsidiary is acquiring a stake in Buildnext Construction Solutions for ₹22 Crore. The investment targets adjacency in home design and project management services.
Sandhar Technologies realigned its Automotive Business Group leadership. Mr. Vikas Puri stepped down as COO, and Mr. Som Prakash Kamboj was elevated to Deputy COO.
Vasa Denticity delivered strong revenue growth but faced a severe margin collapse due to operational mismanagement and inventory stockouts.
Amit International Ltd filed a statement on audit qualifications for FY2025-26. The report highlights multiple qualified opinions with unquantified impacts on financials.
Deccan Cements shareholders approved the issuance of Compulsorily Convertible Debentures via postal ballot. The special resolution passed with 99.99% votes in favour.
Ceinsys Tech received purchase orders worth Rs 30.06 Crore from T Second Inc, USA. The orders cover NVME drives and AI-powered geospatial solutions, boosting overseas presence.
Radaan Mediaworks appointed Ms. Ramya Ravi as Company Secretary and Compliance Officer effective 13th June 2026. This strengthens the company's compliance and governance framework.
Rajesh Exports filed its quarterly SDD compliance certificate under PIT Regulations. The filing confirms all UPSI was captured in the non-tamperable database.
Focus Lighting appointed Ms. Mohini Sharma as Company Secretary & Compliance Officer. This strengthens the company's governance and compliance framework.
Ather Energy seeks shareholder approval via postal ballot to raise up to ₹1,500 Crores through a QIP. The funds will support R&D, marketing, and debt repayment.