Clean Max Enviro Energy Solutions Merger & Restructuring Worth ₹1.26 Cr
Clean Max Enviro Energy Solutions will sell 26% stakes in two subsidiaries and acquire a 26% stake in Clean Max Uno for a total of ₹1.26 Crore.
- Value
- ₹1.26 Cr
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Clean Max Enviro Energy Solutions will sell 26% stakes in two subsidiaries and acquire a 26% stake in Clean Max Uno for a total of ₹1.26 Crore.
Kanungo Financiers approved acquiring stakes in Startech Infralogistics and Peepal Mining for a combined ₹81.32 Crore via preferential share allotment, alongside leadership changes.
Fractal Analytics delayed the effective date of the slump sale of its business units and revised the transaction consideration to ₹11.6 Crore.
Allcargo Global Limited announced the closure of its step-down subsidiary, ECU Worldwide New Zealand Limited, which has been removed from the New Zealand Companies Register.
KCK Industries Limited has decided to postpone the implementation and filing of its previously approved Scheme of Arrangement (Demerger) to conduct a comprehensive business review.
Texmaco Rail & Engineering's joint venture, Touax Texmaco, issued securities to new partner TrinityRail Global. This alters the JV's shareholding structure significantly.
Apar Industries will invest BRL 30 Lakhs (approx. ₹0.57 Crore) into its Brazilian subsidiary, APAR Industries Latam Ltda, to support local trading operations in South America.
Welspun Corp is incorporating a new entity for GGBS manufacturing. It will subscribe to 2,600 shares for a cash consideration of Rs. 0.0026 Crore.
Apar Industries plans to incorporate a wholly-owned subsidiary in the UK for trading conductors and cables. The investment for this venture is approximately ₹1.28 Crore.
Welspun Corp Limited will acquire a 51% stake in Welspun Captive Power Generation Limited for ₹67.66 Crore. This transaction aims to secure captive power for the company.
Dachepalli Publishers has executed an MoU to acquire 100% of Hara Communications Private Limited. This strategic acquisition aims to expand its educational technology business operations.
Standard Engineering Technology Limited completed Phase I of its strategic investment, acquiring a 19.19% stake in Japan-based GL HAKKO Co., Ltd.
Ludlow Jute & Specialities Limited acquired 100% equity shares of Seva By Tara Foundation, establishing it as a wholly owned subsidiary. The acquisition cost is ₹0.10 Crore.
Timken India received an NCLT order accepting its first motion application for the amalgamation of its wholly-owned subsidiary, Timken GGB Technology Private Limited.
IndiGrid subsidiary transferred its 74% stake in Enerica Infra 4 Private Limited for ₹10,000. It also changed the project manager for BESS projects.
Dr. Lal Path Labs' subsidiary will acquire an 80% stake in Sunshine Healthcare Limited, Ghana. The transaction is valued at ₹38.0 Crore.
Dr. Lal Path Labs' subsidiary, Dr. Lal Ventures, is acquiring a 30% stake in Neuome Technologies for ₹3.5 Crore. This provides access to innovative bio-banking solutions.
Jamna Auto Industries has approved the 100% acquisition of Owen Springs Limited, a UK-based company, for £2 million in cash.
Godawari Power and Ispat approved the partial divestment of 16,75,000 equity shares in Jammu Pigments Limited. The transaction is valued at ₹49.99 Crore.
Ice Make Refrigeration entered into a Shareholders' Agreement with Galilei Holdings and its Promoters. The agreement defines board rights and potential future share acquisitions.
PDS Limited has dissolved its step-down subsidiary, Design COE USA INC. The company stated this corporate restructuring has no material financial impact.
Fractal Analytics announces the dissolution of its step-down subsidiary, Fractal Frontiers Inc. The entity was dissolved effective July 21, 2026.
TAC Infosec Limited has signed a binding term sheet to acquire 100% of Israel-based Safehouse Technologies Ltd for ₹1 Crore. This acquisition expands TAC's portfolio into the B2C cybersecurity segment.
TAC Infosec approved incorporating a new subsidiary and acquiring Safehouse Technologies Limited. The subsidiary investment is capped at ₹4 Crore.
Sun Pharma announced that Organon stockholders approved the proposed merger, moving the acquisition forward. The deal remains subject to remaining customary closing conditions.
Akums Drugs and Pharmaceuticals' subsidiary will acquire Oriflame India's manufacturing business for ₹56 Crore. This deal expands Akums' manufacturing capacity in cosmetics and wellness products.
Meesho Limited is acquiring one equity share of its subsidiary, Meesho Payments Private Limited, to make it a wholly-owned subsidiary. The transaction involves a cash consideration of ₹327.
PDS Limited divested its stake in DBS Lifestyle India Private Limited for ₹0.825 Crore, reclassifying the entity from a subsidiary to an associate.
Karronn Naresh Bajaj will acquire a 15.57% stake in Mitshi India via a Share Purchase Agreement for ₹2.06 Crore, triggering an open offer obligation.
Aurobindo Pharma's subsidiary, Apitoria, will acquire an 80% stake in A1 Biochem Group for USD 13.6 Million to bolster its contract research and manufacturing capabilities.