Merger & Restructuring

Shri Techtex Merger & Restructuring Worth ₹6.25 Cr

Shri Techtex Limited executed a Sale Deed on April 08, 2026, to sell its commercial property in Ahmedabad to Aurum Nets Private Limited for ₹6.25 Crore. The transaction involves related parties as company promoters are also directors of the buyer. The sale was concluded at arm's length price to divest immovable assets.

Value

₹6.25 Cr

Execution

Immediately

Va Tech Wabag Merger & Restructuring Worth ₹0.01 Cr

VA Tech Wabag Limited executed a Shareholders Agreement to form a bioenergy SPV with Peak Sustainability Partners. Wabag holds a 51% stake (5,100 shares) with an initial investment of ₹0.01 Crore. Both parties agree to a three-year lock-in period and intend to eventually invest up to 50% economic interest each.

Value

₹0.01 Cr

Execution

Lock-in period of 3 years

Va Tech Wabag Merger & Restructuring

VA Tech Wabag executed a Shareholders Agreement with PEAK Sustainability Venture Fund and Partners for their CBG joint venture in Ghaziabad. Both parties will maintain equal board representation and economic interests of up to 50% each. The agreement includes a three-year lock-in period for the SPV's shareholding.

Sical Logistics Merger & Restructuring

Sical Logistics announced the amalgamation of its promoter, Pristine Malwa Logistics Park, into its promoter group entity, Pristine Logistics & Infraprojects. The merger aims to achieve operational synergies and simplify the corporate structure. There will be no change in management or paid-up capital of the Company, though the promoter name will be updated in shareholding records.

S P Apparels Merger & Restructuring Worth ₹6.02 Cr

S.P. Apparels Limited invested ₹6.02 Crore (USD 6,50,000) as equity into its Sri Lankan wholly owned subsidiary, S.P. Apparels International Private Limited. The investment supports global business expansion and cost-effective garment manufacturing.

Value

₹6.02 Cr

Execution

09.04.2026

RattanIndia Enterprises Merger & Restructuring

RattanIndia Enterprises Limited transferred its 100% stake in Cocoblu Retail Limited to its other wholly owned subsidiary, Neobrands Limited. This internal restructuring does not change the company's ultimate ownership or control of Cocoblu Retail, which remains a step-down subsidiary.

Tarsons Products Merger & Restructuring Worth ₹3.21 Cr

Tarsons Products Ltd completed a ₹3.21 Crore (EUR 300,000) equity investment in its Singapore-based subsidiary, Tarsons Life Science Pte. Ltd. The capital will fund loan repayments and general corporate expenses.

Value

₹3.21 Cr

Execution

Completed

Wipro Merger & Restructuring

Wipro Limited has scheduled a board meeting on April 16, 2026, to consider a proposal for the buyback of equity shares. Trading windows for designated persons are closed from March 16 to April 18, 2026.

Zim Laboratories Merger & Restructuring Worth ₹0.89 Cr

ZIM Laboratories Limited has invested Rs. 0.89 Crore (AUD 1,35,000) into its subsidiary ZIMTAS Pty Ltd. This investment is part of a total approved amount of up to Rs. 2 Crore for equity shares in the subsidiary.

Value

₹0.89 Cr

LTIMINDTREE Merger & Restructuring

LTM Limited (formerly LTIMindtree) announced the dissolution and liquidation of its wholly-owned subsidiary, LTIMindtree Spain, S.L. The closure was finalized by the Commercial Registry of Madrid effective March 31, 2026. This reflects a corporate rationalization of its international footprint.

Execution

with effect from March 31, 2026

Zim Laboratories Merger & Restructuring Worth ₹0.89 Cr

Zim Laboratories Limited invested ₹0.89 Crore (AUD 1,35,000) into the equity shares of its subsidiary, ZIMTAS Pty Ltd. Following this investment, the company now holds 99.96% of the subsidiary's total share capital. This move follows an approved investment limit of up to ₹2.00 Crore.

Value

₹0.89 Cr

Maharashtra Seamless Merger & Restructuring Worth ₹0.4 Cr

Maharashtra Seamless Limited has voluntarily struck off its subsidiary, Internovia Natural Resources FZ LLC. The subsidiary had a net worth of ₹0.40 Crore and zero income. The closure is not expected to impact the company's financial position or operations.

Value

₹0.40 Cr

Adani Green Energy Merger & Restructuring Worth ₹21,160 Cr

Adani Green Energy's subsidiary has entered into a joint venture with IHC Group's Minerva Holding for RE project development in India. AGEL UAE will hold up to a 20% interest in the JV. This strategic partnership leverages IHC's global scale and Adani's renewable expertise for capacity expansion.

Value

₹21,160 Cr

Adani Green Energy Merger & Restructuring

Adani Green Energy's subsidiary, AGEL UAE, signed a Joint Venture Agreement with Minerva Holding RSC Ltd to develop RE projects in India. AGEL UAE will hold up to a 20% interest in the newly formed JVCo.

Transworld Shipping Lines Merger & Restructuring

Transworld Shipping Lines Ltd has completed the sale and delivery of its vessel, M.V. SSL Krishna, to Avana Logistek Limited at Chennai. The transaction was finalized on April 8, 2026, following the execution of the Protocol of Delivery and Acceptance.

Refex Industries Merger & Restructuring Worth ₹4.85 Cr

Refex Industries Limited has invested ₹4.85 Crore in its existing subsidiary, Venwind Refex Power Limited, through the acquisition of additional shares. The investment aims to meet the subsidiary's funding requirements in the wind power and energy sector.

Value

₹4.85 Cr

Execution

April 08, 2026

Refex Industries Merger & Restructuring Worth ₹7.85 Cr

Refex Industries Limited increased its stake in subsidiary Venwind Refex Power Limited to 77.77% by converting a ₹4.85 Crore loan into equity shares. Additionally, the subsidiary redeemed OCDs worth ₹3 Crore held by the company. The transaction aims to optimize the subsidiary's debt-equity ratio and strengthen its capital structure.

Value

₹7.85 Cr

Amir Chand Jagdish Kumar (Exports) Merger & Restructuring

Amir Chand Jagdish Kumar (Exports) Ltd plans to establish a wholly owned subsidiary in Singapore. The new entity will serve as a strategic hub for sourcing specialty rice varieties like Jasmine and Hommali from Thailand and Vietnam, enhancing the company's global supply chain and product offerings.

Repono Merger & Restructuring Worth ₹0.01 Cr

Repono Limited's subsidiary has incorporated a new wholly-owned step-down subsidiary, Repono Mathura Terminals Private Limited, on April 08, 2026. The new entity will focus on the warehousing industry, involving a capital subscription of ₹0.01 Crore. This move aligns with the company's strategy to expand its business footprint in the warehousing sector.

Value

₹0.01 Cr

Amir Chand Jagdish Kumar (Exports) Merger & Restructuring

Amir Chand Jagdish Kumar (Exports) Ltd has approved the establishment of a new subsidiary in Singapore. The entity will function as a strategic hub to expand the company's specialty rice portfolio and enhance international trade operations.

Clean Science & Technology Merger & Restructuring Worth ₹50 Cr

Clean Science and Technology Limited is investing ₹50 Crore in its wholly-owned subsidiary, Clean Fino-Chem Limited (CFCL). The additional capital will fund CFCL's ongoing projects in the speciality chemicals sector. This investment strengthens the parent company's commitment to its subsidiary's growth and operational expansion.

Value

₹50.00 Cr

Execution

Not applicable

Clean Science & Technology Merger & Restructuring Worth ₹50 Cr

Clean Science and Technology Limited invested ₹50.0 Crore in its wholly owned subsidiary, Clean Fino-Chem Limited, via a rights issue subscription. The additional capital will fund CFCL's specialty chemical projects, supporting the group's manufacturing expansion and project development.

Value

₹50.00 Cr

Aurobindo Pharma Merger & Restructuring Worth ₹800 Cr

Aurobindo Pharma announced a buyback of up to 54,23,728 equity shares at ₹1,475 per share, totaling ₹800 Crore. The buyback will be conducted on a proportionate basis via the tender offer route for eligible shareholders as of the April 17, 2026 record date.

Value

₹800.0 Cr

Execution

One year

Oberoi Realty Merger & Restructuring

Oberoi Realty Limited announced the merger of its subsidiary, Nirmal Lifestyle Realty Private Limited, into itself. As the subsidiary is wholly owned, no new shares will be issued, and its existing share capital will be cancelled. The merger aims to consolidate operations within the real estate and hospitality segments.

Great Eastern Shipping Company Merger & Restructuring

The Great Eastern Shipping Company Limited has contracted to sell its 2003-built Medium Range Tanker 'Jag Pankhi' (46,273 dwt) to an unaffiliated third party. The vessel delivery is expected in Q1 FY27. This sale is part of the company's routine fleet management and asset disposal strategy.

Execution

Q1 FY27

Dr. Reddy's Laboratories Merger & Restructuring Worth ₹2.23 Cr

Dr. Reddy's Laboratories Ltd has entered into an agreement to sell its 100% stake in subsidiary Svaas Wellness Limited for ₹2.23 Crore. The buyer, Enspirit Technology Services Private Limited, is not a related party. The divestment is part of a strategic realignment, as the unit contributed only 0.09% to consolidated turnover.

Value

₹2.23 Cr

Execution

April 7, 2026

PDS Merger & Restructuring

PDS Limited announced the closure of its subsidiary, PDS Brands Private Limited, which has been struck off from the Ministry of Corporate Affairs records. The entity reported zero turnover and net worth in the previous year. This administrative action formalizes the dissolution of the non-operational unit.

Advait Energy Transitions Merger & Restructuring

Advait Energy Transitions Limited has completed the voluntary winding up of its Norway-based wholly owned subsidiary, Advait Energy Holdings AS. The subsidiary had zero turnover and net worth in the previous year. This closure is part of a corporate restructuring to streamline the company's international holdings.

PDS Merger & Restructuring

PDS Limited announced that its non-operational wholly owned subsidiary, PDS Brands Private Limited, was struck-off from corporate records effective April 7, 2026. This action is part of a group-wide initiative to streamline the corporate structure. The closure has no material impact on the company's financial position given the subsidiary's inactive status.

Oberoi Realty Merger & Restructuring

Oberoi Realty Limited has received NCLT approval for the merger of its wholly-owned subsidiary, Nirmal Lifestyle Realty Private Limited, into itself. The amalgamation aims to simplify the group structure and drive operational synergies. No new shares will be issued as the subsidiary's entire share capital will stand cancelled upon the scheme becoming effective.