Stanley Lifestyles Merger & Restructuring
Stanley Lifestyles' shareholders approved the amalgamation of its wholly owned and step-down subsidiaries into the parent company via a postal ballot vote.
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Stanley Lifestyles' shareholders approved the amalgamation of its wholly owned and step-down subsidiaries into the parent company via a postal ballot vote.
Anya Polytech & Fertilizers Limited incorporated a new subsidiary, Orchha Hospitality And Retreat Private Limited, for Rs.0.0051 Crore.
Raymond Realty Limited is incorporating a new wholly-owned subsidiary, Ten X Mahalaxmi Limited, to expand its real estate business footprint. This is a strategic restructuring event.
Nazara Technologies infused funds into its subsidiary, Nazara UK, and completed the first tranche of the acquisition of Target Companies for ₹851.51 Crore.
SML Mahindra Limited issued a postal ballot notice seeking shareholder approval for the slump sale acquisition of Mahindra & Mahindra's Truck and Bus Division for ₹525 Crore.
Nazara Technologies completed the acquisition of Bluetile Games and Bestplay Systems by infusing ~₹872.28 Crore into its subsidiary, Nazara UK, to fund the first tranche payment.
Waaree Energies' subsidiary acquired a 24.21% stake in Eppeltone Engineers Limited for approximately ₹21.78 Crore. This move strengthens Waaree's presence in the smart metering value chain.
Beacon Trusteeship Limited has issued a No Objection Certificate to REC Limited regarding the company's proposed merger with Power Finance Corporation.