Spacenet Enterprises India Merger & Restructuring Worth ₹2.6 Cr

Spacenet Enterprises India Management Change

Spacenet appointed Krishna Veni Ambala as Non-Executive Independent Director for 60 months, effective November 13, 2026. The decision came from the November 13 board meeting.

Spacenet Enterprises India Q2 FY27 Results: Net Profit ₹6.8 Cr, Up 36.0% YoY

Spacenet Enterprises India Ltd reported revenue from operations of ₹53.7 Cr (+11.0% YoY) and net profit of ₹6.8 Cr (+36.0% YoY) for Q2 FY27.

Key figure

Net profit ₹6.8 Cr · +36.0% YoY

Spacenet Enterprises India Other Announcement

Spacenet sold 40,00,000 shares of String Metaverse Ltd on BSE for ~₹2.72 Crore. The partial investment disposal was disclosed under Regulation 30.

Value

₹2.72 Cr

Spacenet Enterprises India Board Meeting Date

Spacenet Enterprises schedules a board meeting for November 13, 2026 to consider unaudited half-year results. Trading window stays closed until November 15, 2026.

Spacenet Enterprises India Annual General Meeting

Spacenet Enterprises held its 16th AGM on September 29, 2026, where shareholders considered financial statements, director appointments, related-party transactions, and a fund-raise approval.

Spacenet Enterprises India Results Correction

Spacenet Enterprises clarifies that a mismatch in Standalone EPS within its XBRL filing was due to a clerical data entry error. No financial results were changed.

Ruparel Food Products Merger & Restructuring

SAMT Foods ceased to be Ruparel Food Products' associate on November 13, 2026, after NCLT-sanctioned amalgamation. It will receive 4,00,000 shares of Ruparel Foods Private Limited.

Sizemasters Technology Merger & Restructuring Worth ₹0.01 Cr

Sizemasters Technology approved withdrawal of its entire 55% capital contribution in Aurum Turnkey Services LLP. Consideration received is Rs. 58,667, with completion expected by January 31, 2027.

Value

₹0.01 Cr

Execution

Expected completion 31 January 2027

Gloster Merger & Restructuring Worth ₹0.05 Cr

Gloster Ltd incorporated JV GUJCO Gloster Limited, subscribing 49% stake for Rs 0.049 Crore. Investment aims to expand business and market reach in jute manufacturing.

Value

₹0.05 Cr

Ceinsys Tech Merger & Restructuring Worth ₹1 Cr

Ceinsys Tech plans to incorporate a wholly owned UAE subsidiary in IT and ITES services. Initial investment will be up to Rs. 1.00 Crore in tranches.

Value

₹1.00 Cr

CARE Ratings Merger & Restructuring

CARE Ratings disclosed that its board of CareEdge Global IFSC approved transferring shares to SBI and NSE IFSC, so the subsidiary is no longer wholly owned. The company retains an 80.20% stake.

Relaxo Footwears Merger & Restructuring Worth ₹35.7 Cr

Relaxo approved a Kenya joint venture, subscribing 51% for up to Rs.35.70 crore. The JV will become a subsidiary on completion.

Value

₹35.70 Cr

Execution

Completion expected within approximately 60 to 90 days, and no later than 6 months from SSHA execution