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NAPS Global India Ltd has incorporated a wholly owned subsidiary, NAPS Global HK Limited, in Hong Kong with a capital of approximately ₹0.12 Crore. This expansion aims to capture overseas markets and grow the company's international trading business.
Sri Lotus Developers and Realty Limited completed a ₹0.10 Crore investment in its new wholly-owned subsidiary, Sri Lotus Grand Abodes Private Limited. The transaction represents the initial subscription to the subsidiary's share capital following its incorporation on March 18, 2026.
Sri Lotus Developers and Realty Limited completed a ₹0.1 Crore investment in its new wholly-owned subsidiary, Sri Lotus Imperial Projects Private Limited. This initial subscription follows the subsidiary's incorporation on March 14, 2026, to expand business operations.
Sri Lotus Developers and Realty Limited completed a ₹0.10 Crore investment in its new wholly-owned subsidiary, Sri Lotus Legacy Realty Private Limited. The investment was made via initial subscription to share capital on April 04, 2026. This follows the subsidiary's incorporation in March 2026 as part of the company's real estate expansion strategy.
Sri Lotus Developers and Realty Ltd has invested ₹0.50 Crore to establish five new wholly-owned subsidiaries focused on real estate development. Each entity was incorporated with a paid-up capital of ₹10 Lakhs. This strategic move aims to expand the company's operational footprint in the residential and commercial property sectors.
Laurus Labs announced that unsecured creditors of its subsidiaries, Laurus Synthesis and Sriam Labs, have approved a Composite Scheme of Arrangement. This approval marks a significant milestone in the restructuring process. The scheme remains subject to final approval from the NCLT and other regulatory authorities.
Arvind SmartSpaces Limited's wholly owned subsidiary has agreed to sell its stake in Arvind Skyline Private Limited to Mr. Khetshi Barot and Mr. Kaushal Agarwal. The cash transaction is expected to be completed by May 5, 2026. This divestment aligns with the company's strategic restructuring and capital optimization goals.
Arvind SmartSpaces Limited, via its subsidiary, is acquiring Oxford Navrang Realtors Pvt. Ltd. for ₹0.01 Crore. The target is a real estate development firm incorporated in 2025. This strategic acquisition aligns with the company's core business and is expected to conclude within one month.
Sadhav Shipping Limited has announced that its group company, Sadhav Drydocks Private Limited, has been struck off and dissolved by ROC Mumbai effective April 7, 2026. This administrative closure reflects the formal dissolution of the entity from the Register of Companies.
Great Eastern Shipping Company Ltd (GE Shipping) has contracted to sell its 2003 built Medium Range Tanker 'Jag Pankhi'. The vessel, with a capacity of 46,273 dwt, is scheduled for delivery to an unaffiliated buyer in Q1 FY27. Following this sale and other pending transactions, the company's fleet will comprise 40 vessels.
Krishna Defence and Allied Industries Limited acquired a 51% stake in the newly incorporated Krishna Vabo Defence Composites Private Limited for ₹0.01 Crore. This strategic acquisition enhances the company's manufacturing capabilities for advanced composite ship doors and hatches, targeting growth in the Indian and ASEAN maritime and defence markets.
Cambridge Technology Enterprises completed the divestment of its 100% stake in R.P. Web Apps Private Limited to AKIT IT Consulting Private Limited. Following the transaction, R.P. Web Apps has ceased to be a subsidiary of the company. The board had previously approved the sale on March 30, 2026.
Roni Households Ltd sold a 1.93% stake in Roni Agro Limited for ₹0.12 Crore. Following this disposal, the company's stake reduced to 49.02%, and Roni Agro Limited has ceased to be a subsidiary of the company.
Sunteck Realty Limited announced the sale of its subsidiary, Mantavya Real Estates Private Limited, to its wholly owned subsidiary, Sunteck Real Estates Private Limited. The transaction is an internal restructuring on an arm's length basis, and the entity remains a step-down subsidiary of the company.
Embassy Developments Ltd announced the voluntary strike-off and dissolution of its non-operational step-down subsidiary, Apesh Real Estate Limited. The move is part of a corporate simplification initiative to reduce administrative costs. The subsidiary had zero financial contribution to the company during the last financial year.
Sunteck Realty Ltd transferred its 100% stake in Mantavya Real Estates Private Limited to its other subsidiary, Sunteck Real Estates, for ₹0.01 Crore. Following this internal restructuring, Mantavya continues as a step-down wholly-owned subsidiary. The transaction was completed on April 6, 2026, on an arm's length basis.
Graphisads Limited is incorporating a new subsidiary, Graphis Growthhon Event Solutions Private Limited, in Maharashtra, India. The company will invest ₹0.01 Crore to subscribe to initial shares. This expansion into advertising and events is expected to be completed by April 2026.
Goodricke Group Limited executed a non-binding MoU to sell its Chalouni Tea Estate for ₹19 Crore to Mr. Ashok Kumar Goyal and Mrs. Suman Goyal. The unit contributed 1.9% of total turnover in FY25. The transaction is expected to conclude by May 15, 2026, following due diligence.
The Great Eastern Shipping Company Limited has contracted to sell its 2007-built Medium Range Tanker, 'Jag Prakash' (47,848 dwt), to an unaffiliated third party. The vessel, which contributed 0.0232% to previous year's turnover, is scheduled for delivery in Q1 FY27. This transaction aligns with the company's fleet management strategy.
Graphisads Limited approved the incorporation of a 50:50 joint venture, Graphis Growthhon Event Solutions Private Limited, with a total capital of ₹0.01 Crore. The new entity will focus on advertising and events, expanding the company's geographical footprint. Incorporation is expected to conclude in April 2026.
Great Eastern Shipping Company Ltd has contracted to sell its 2007-built MR Tanker 'Jag Prakash' (47,848 dwt) to an unaffiliated third party. Delivery is expected in Q1 FY27. Post-sale, the fleet will comprise 40 vessels, while the company also has two secondhand vessels contracted for acquisition.
Desco Infratech Limited has incorporated a wholly owned subsidiary, DESCO GLOBAL FZ LLC, in Ras Al Khaimah, UAE. The subsidiary will focus on project management consultancy to explore overseas business opportunities. The parent company subscribed to 10 shares for a total consideration of AED 10,000 (approx. ₹0.03 Crore).
Aurobindo Pharma approved the slump sale of its domestic branded generic formulations business to its subsidiary, Auropharm Limited, for ₹143.21 Crore. The transaction aims to streamline operations and accelerate domestic growth. Completion is expected within 120 days, with economic benefits effective from April 1, 2026.
Standard Capital Markets Ltd has executed a Share Purchase Agreement to divest its 100% stake in its wholly owned subsidiary, KRV Brooms Private Limited. This strategic exit is subject to pre-closing obligations and conditions. Investors should note this total divestment of a subsidiary entity.
Bluspring Enterprises Limited has incorporated a new wholly-owned subsidiary in Abu Dhabi, UAE. Named Bluspring Middle East Contracting - L.L.C - S.P.C, the entity will focus on industrial, telecom, and infrastructure maintenance services. This expansion signals the company's intent to capture organic and inorganic growth opportunities within the Middle Eastern market.
Bluspring Enterprises incorporated a wholly-owned subsidiary in Abu Dhabi, UAE, with an authorized capital of AED 300,000 (₹0.75 Crore). The new entity will focus on industrial, telecom, and infrastructure services. This expansion signals the company's strategy to capture organic and inorganic growth opportunities in the Middle East market.
Prima Plastics Ltd has fixed April 17, 2026, as the record date for its demerger with Prima Innovation Ltd. Eligible shareholders will receive one share of the resulting company (face value ₹5) for every one share held in Prima Plastics (face value ₹10). The scheme's effective date is corrected to March 31, 2026.
Prima Plastics Ltd has fixed April 17, 2026, as the record date for its Scheme of Arrangement. Eligible shareholders will receive one equity share of Prima Innovation Ltd (face value ₹5) for every one share held in Prima Plastics (face value ₹10). This marks a key step in the company's restructuring process.
Clean Max Enviro Energy Solutions approved the sale of its wholly owned subsidiary, Clean Max Ahhope Private Limited, to Hindustan Coca-Cola Beverages for ₹35,000. The transaction is expected to conclude by May 15, 2026. The subsidiary was recently incorporated and had no contribution to the parent's revenue or net worth.
Rossari Biotech's subsidiary, Unitop Chemicals, approved the sale of its Mumbai office premises for approximately ₹10 Crore. The transaction is expected to conclude by Q2 FY27. As no business operations are conducted there, the sale will not impact the company's core operations.