GMR Airports Merger & Restructuring Worth ₹16.59 Cr
GMR Airports will acquire up to a 49% stake in TIM Goa Airport Advertising for ₹16.59 Crore. This investment expands the company’s airport-adjacent advertising business.
- Value
- ₹16.59 Cr
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GMR Airports will acquire up to a 49% stake in TIM Goa Airport Advertising for ₹16.59 Crore. This investment expands the company’s airport-adjacent advertising business.
Hero MotoCorp is incorporating a new Section 8 subsidiary, 'Hero MotoCorp Foundation', for CSR initiatives with a cash investment of Rs. 1.00 Crore.
DCB Bank will divest its 9.65% stake in Saksham Gram Credit for Rs 9.55 Crore, receiving cash and shares in Purple Finance Limited.
Le Travenues Technology Limited will invest ₹2.40 Crore into its wholly-owned subsidiary, IXIGO PTE. LTD., to fund strategic initiatives and international expansion.
Le Travenues Technology Limited will acquire an additional 11% stake in Zoop Web Services Private Limited for Rs. 3.63 Crore to increase its shareholding to 73%.
Bharti Airtel's subsidiary Nxtra Data entered agreements to acquire up to 85% stake each in Rochak Systems and Rovision Tech Hub for data centre expansion.
PG Electroplast Limited is selling its Greater Noida unit for ₹14.49 Crore. The transaction involves a transfer to a wholly owned subsidiary and third parties.
PG Electroplast Limited is closing its Greater Noida unit to improve operational efficiency. The closure is scheduled to be completed by September 30, 2026.
Purple Finance will acquire Saksham Gram Credit Private Limited for ₹99 Crore. The Board also approved a preferential share allotment to raise ₹101 Crore.
Purple Finance Ltd has entered into Share Purchase Agreements to acquire a 100% equity stake in Saksham Gram Credit Private Limited.
Nazara Technologies has acquired Bluetile Games and Bestplay Systems via its subsidiary Nazara UK for a total consideration of INR 2990 Crores.
NDR InvIT Trust has signed a Share Purchase Agreement to acquire 100% stake in Sai Sankalpa Infra Projects Private Limited for ₹228.9 Crore.
Elpro International Ltd acquired equity shares of GMM Pfaudler Limited for Rs. 10 Crore. The investment is made for general strategic purposes.
Interarch Building Solutions Limited signed a joint venture agreement with ER Steel Inc. for the manufacturing and supply of Open Web Steel Joists.
Interarch Building Solutions will form a joint venture with ER Steel Inc., Canada, for the North American OWSJ market. The initial investment is ₹80 Crore.
Sandur Manganese & Iron Ores Limited will incorporate a new subsidiary, Royal Sandur Academy Private Limited, for Rs. 1 Crore. This wholly-owned entity focuses on educational and sports infrastructure.
HealthCare Global Enterprises approved a further investment of up to INR 16 Crore in its wholly-owned subsidiary, HCG Rajkot Hospitals LLP.
The NCLT has sanctioned the Scheme of Arrangement and Amalgamation between Triumph Offshore Private Limited and Swan Defence and Heavy Industries Limited. This becomes effective upon ROC filing.
Samvardhana Motherson's subsidiary incorporated a new entity, Motherson Aerospace Group Holdings Company B.V., in the Netherlands. The entity focuses on aerospace, defence, and security sectors.
Kirloskar Oil Engines Ltd will acquire the remaining 49% stake in Engines LPG, LLC for USD 0.15 million (approx. ₹1.43 Crore). This consolidates 100% subsidiary ownership.
Rajasthan Securities Limited incorporated its new wholly-owned subsidiary, RSL Securities Private Limited, with an initial capital subscription of Rs. 1 Crore.
H.G. Infra Engineering Ltd acquired equity shares in its wholly-owned subsidiary, H.G. Gujarat Bess Private Limited, for Rs. 33.80 crore via a rights issue.
Krowniq Limited has completed the initial subscription to the share capital of its two wholly-owned subsidiaries, Parshav Infra Market and Exnora Trade. Operations will commence shortly.
Kajaria Ceramics acquired 44,11,764 CCPS of its subsidiary, Kajaria Bathware Private Limited, from Aravali Investment Holdings for ₹50 Crore, gaining 100% control.
Patil Automation Limited approved the acquisition of an additional 10% stake in its subsidiary, Mii Robotics Private Limited, for Rs. 0.101 Crore.
Sandur Manganese & Iron Ores Ltd approved the incorporation of two wholly-owned subsidiaries, Royal Sandur Hospitality and Royal Sandur Academy, investing ₹2 Crore in total.
Oriana Power Limited acquired Truere Prithvi Renewables Private Limited for ₹0.01 Crore in a cash deal to expand its power generation business.
McLeod Russel has signed an MoU to sell its Corramore Tea Estate assets for ₹26.16 Crore to Krishnabehari Tea Co Ltd for debt part-payment.
Intellect Design Arena has successfully incorporated its joint venture entity, Project Purple Ventures Limited, in the United Kingdom.
Reliance Communications Limited informed the exchange that its foreign step-down subsidiary, Reliance Communications (Singapore) PTE. Limited, has been "Struck Off" from Singapore government records.