Sancode Technologies Limited has incorporated a new subsidiary, Sancode Electronics Private Limited, for a consideration of ₹0.01 Crore. Holding a 99.99% stake, the company aims to venture into the semiconductor and microchip business. This strategic investment marks the company's expansion into electronic hardware manufacturing and research.
Multi Commodity Exchange of India Merger & Restructuring Worth ₹100 Cr
MCX received SEBI approval to incorporate a new wholly-owned subsidiary to operate a Coal Exchange. The venture involves a ₹100 Crore capital commitment to develop a transparent digital platform for physical coal delivery. This expansion makes MCX's energy portfolio comprehensive, adding to its existing crude oil, natural gas, and electricity contracts.
Dynamatic Technologies Limited incorporated a new wholly-owned subsidiary, DYNAUTON LIMITED, on April 10, 2026. The subsidiary received its Certificate of Incorporation from the Ministry of Corporate Affairs on April 19, 2026. This follows an earlier intimation from November 2025 regarding the planned incorporation.
Adani Enterprises Limited incorporated three new step-down subsidiaries: Adani Navi Mumbai Airport City, Adani Guwahati Airport City, and Adani Ahmedabad Airport City. Each entity has a paid-up capital of ₹10 Lakh (₹0.30 Crore total). These subsidiaries will focus on real estate, construction, and hotel activities within airport city developments.
Adani Enterprises incorporated three new step-down subsidiaries: Adani Navi Mumbai Airport City, Adani Guwahati Airport City, and Adani Ahmedabad Airport City. Each entity has a paid-up capital of ₹10 Lakh (₹0.3 Crore total). They will focus on real estate, construction, and hospitality activities across airport cities.
Adani Power Limited's subsidiary, Adani Atomic Energy Limited, incorporated a new step-down wholly-owned subsidiary, Coastal-Maha Atomic Energy Limited (CMAEL), on April 13, 2026. CMAEL, with an authorized capital of ₹0.05 Crore, will focus on nuclear and atomic energy generation, transmission, and distribution in India.
Graphisads Limited incorporated a new subsidiary, Graphis Growthhon Event Solutions Private Limited, on April 15, 2026. The company invested ₹0.01 Crore for a 50% stake to expand its advertising and media business geographically. The new entity aligns with the parent's core operations.
Graphisads Limited acquired a 50% stake in a newly incorporated subsidiary, Graphis Growthhon Event Solutions Private Limited, for ₹0.005 Crore. This strategic move aims to expand business operations geographically within the advertising and media sector.
HG Infra Engineering Merger & Restructuring Worth ₹0.15 Cr
H.G. Infra Engineering Limited has incorporated a wholly owned subsidiary, H.G. Gobindpur Tangi Highway Private Limited, as an SPV for an Odisha road project. The company invested ₹0.15 Crore in the initial share capital. This entity will execute a six-lane access-controlled ring road project under the Hybrid Annuity Mode.
HG Infra Engineering Merger & Restructuring Worth ₹0.15 Cr
H.G. Infra Engineering Limited has incorporated a wholly-owned subsidiary, H.G. Gobindpur Tangi Highway Private Limited, with a cash consideration of ₹0.15 Crore. This SPV was formed to execute a six-lane highway project in Odisha under the Hybrid Annuity Mode.
HG Infra Engineering Merger & Restructuring Worth ₹0.15 Cr
H.G. Infra Engineering Limited incorporated a wholly owned subsidiary, H.G. Gobindpur Tangi Highway Private Limited, as an SPV. The subsidiary will execute a ₹1,582.11 Crore NHAI road project in Odisha under the Hybrid Annuity Mode. The construction period is 910 days, with the subsidiary starting with ₹0.15 Crore initial capital.
Shakti Pumps (India) Limited invested ₹17 Crore in its wholly-owned subsidiary, Shakti Energy Solutions Limited, through an equity subscription. The capital will support the establishment of a 2.20 GW solar DCR cell and solar PV modules manufacturing plant in Pithampur, Madhya Pradesh.
Shakti Pumps (India) Limited invested ₹7 Crore in its wholly owned subsidiary, Shakti Energy Solutions Limited, via equity subscription. The funds will support a new 2.20 GW solar DCR cell and PV module manufacturing plant in Pithampur, Madhya Pradesh. This investment aligns with the subsidiary's expansion into solar cell and module manufacturing.
Multi Commodity Exchange of India Merger & Restructuring Worth ₹100 Cr
Multi Commodity Exchange of India (MCX) is incorporating a new wholly-owned subsidiary, MCX Coal Exchange Ltd., with an investment of up to ₹100 Crore. SEBI has granted approval for this investment. The entity will develop a regulated, technology-driven digital platform for coal trading and physical delivery, leveraging MCX's existing market infrastructure.
Adani Enterprises Limited, through its step-down subsidiary Adani Airport City Limited, incorporated three new wholly owned subsidiaries on April 6, 2026. The entities, focused on real estate and hospitality, have a combined paid-up capital of ₹0.30 Crore. This expansion aligns with the group's airport city development strategy in Mumbai, Ahmedabad, and Guwahati.
Ceinsys Tech Ltd invested USD 2,161,000 (approx. ₹19.88 Crore) in its US-based wholly owned subsidiary, Technology Associates Inc. The investment was made by subscribing to 5,855.73 equity shares to fund growth opportunities. The company's shareholding in the subsidiary remains unchanged at 100%.
360 ONE WAM LTD approved an intra-group business transfer to consolidate its asset management business. 360 ONE Portfolio Managers Limited will transfer its AIF and PMS businesses to 360 ONE Asset Management Limited on a slump sale basis. The restructuring aims to create a unified investment platform for public equities with no change in ultimate ownership.
Concord Control Systems Limited received NCLT approval for the merger of its wholly-owned subsidiary, Advanced Rail Controls Private Limited, into itself. The merger is effective from the Appointed Date of April 1, 2025. This consolidation aims to streamline corporate structure and operations following the Tribunal's final order.
Shakti Pumps (India) Limited invested ₹7.00 Crore in its wholly owned subsidiary, Shakti Energy Solutions Limited. The capital will support a new 2.20 GW solar cell and module manufacturing plant in Madhya Pradesh. This investment strengthens the subsidiary's expansion into high-efficiency solar technology production.
Oriana Power Merger & Restructuring Worth ₹0.01 Cr
Oriana Power Limited incorporated a new wholly owned subsidiary, EVERCORE PROJECTS PRIVATE LIMITED, on April 07, 2026. The new entity has an authorized capital of ₹0.01 Crore and will focus on power generation, EPC, and renewable energy projects. This move aligns with the company's expansion in the sustainable energy sector.
Oriana Power Merger & Restructuring Worth ₹0.01 Cr
Oriana Power Limited has incorporated BLUEPLANET ENERGY PRIVATE LIMITED as a wholly owned subsidiary on April 07, 2026. The new entity, with an authorized capital of ₹0.01 Crore, will focus on power generation, EPC projects, and electrical appliance trading. This move expands the company's operational footprint in the renewable energy and power supply sectors.
Oriana Power Merger & Restructuring Worth ₹0.01 Cr
Oriana Power Limited incorporated a wholly owned subsidiary, COREGRID PROJECTS PRIVATE LIMITED, on April 07, 2026. The new entity, with an authorized capital of ₹0.01 Crore, will focus on power generation, EPC projects, and electrical consultancy. This expansion aligns with the parent company's core business in the energy sector.
Oriana Power Merger & Restructuring Worth ₹0.01 Cr
Oriana Power Limited has incorporated a new wholly owned subsidiary, NOVAGRID ENERGY PRIVATE LIMITED, with an authorized capital of ₹0.01 Crore. The subsidiary will focus on power generation, EPC projects, and renewable energy infrastructure.
Oriana Power Merger & Restructuring Worth ₹0.01 Cr
Oriana Power Limited incorporated a new wholly owned subsidiary, POWERAXIS SERVICES PRIVATE LIMITED, with an authorized capital of ₹0.01 Crore. The subsidiary will focus on power generation, EPC projects, and renewable energy consulting. This expansion aligns with the parent company's core business in the energy sector.
Ahlada Engineers Limited approved the incorporation of a new subsidiary in Dubai, UAE, for trading and marketing steel products. The company will invest up to AED 1,000,000 (₹2.50 Crore) for a minimum 76% stake. This expansion aims to penetrate GCC markets and enhance global exports of steel doors and water purifiers.
Shakti Pumps (India) Limited invested ₹17.00 Crore in its wholly-owned subsidiary, Shakti Energy Solutions Limited. The capital will fund a greenfield 2.20 GW Solar DCR cell and PV modules manufacturing plant in Pithampur, Madhya Pradesh. This investment strengthens the company's backward integration in the solar energy value chain.
Cella Space Limited incorporated five wholly-owned subsidiaries focused on industrial warehousing and logistics parks with a total initial paid-up capital of ₹0.05 Crore. The new entities include Landlink Warehousing, Store Max Logistics, SafeHold Warehousing, Victara Industrial Parks, and Summitra Industrial Ventures. This expansion aligns with the company's objective of developing and potentially selling industrial park assets.
Tega Industries Merger & Restructuring Worth ₹99 Cr
Tega Industries Limited incorporated a wholly owned subsidiary, Tega Solutions Limited, with a paid-up capital of ₹99.0 Crore. The new entity will provide management consultancy services and act as a Global Capability Centre.
Sundaram Finance Limited announced the amalgamation of its step-down subsidiary, Capitalgate Investment Advisors, into another step-down subsidiary, Sundaram Alternate Assets Limited. The merger involves no financial consideration. This internal consolidation aims to augment future growth and streamline management within the group's asset management business.
Sundaram Finance Limited announced the successful amalgamation of its step-down subsidiary, Capitalgate Investment Advisors Private Limited, with Sundaram Alternate Assets Limited. The merger became effective on April 17, 2026, with an appointed date of January 1, 2026. This intra-group restructuring aims to rationalise the holding structure and achieve operational efficiencies.
