NAPS Global India Merger & Restructuring Worth ₹0.12 Cr
NAPS Global India Ltd has incorporated a wholly owned subsidiary, NAPS Global HK Limited, in Hong Kong with a capital of approximately ₹0.12 Crore. This expansion aims to capture overseas markets and grow the company's international trading business.
Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.1 Cr
Sri Lotus Developers and Realty Limited completed a ₹0.10 Crore investment in its new wholly-owned subsidiary, Sri Lotus Grand Abodes Private Limited. The transaction represents the initial subscription to the subsidiary's share capital following its incorporation on March 18, 2026.
Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.1 Cr
Sri Lotus Developers and Realty Limited completed a ₹0.1 Crore investment in its new wholly-owned subsidiary, Sri Lotus Imperial Projects Private Limited. This initial subscription follows the subsidiary's incorporation on March 14, 2026, to expand business operations.
Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.1 Cr
Sri Lotus Developers and Realty Limited completed a ₹0.10 Crore investment in its new wholly-owned subsidiary, Sri Lotus Legacy Realty Private Limited. The investment was made via initial subscription to share capital on April 04, 2026. This follows the subsidiary's incorporation in March 2026 as part of the company's real estate expansion strategy.
Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.5 Cr
Sri Lotus Developers and Realty Ltd has invested ₹0.50 Crore to establish five new wholly-owned subsidiaries focused on real estate development. Each entity was incorporated with a paid-up capital of ₹10 Lakhs. This strategic move aims to expand the company's operational footprint in the residential and commercial property sectors.
Laurus Labs announced that unsecured creditors of its subsidiaries, Laurus Synthesis and Sriam Labs, have approved a Composite Scheme of Arrangement. This approval marks a significant milestone in the restructuring process. The scheme remains subject to final approval from the NCLT and other regulatory authorities.
Arvind SmartSpaces Limited's wholly owned subsidiary has agreed to sell its stake in Arvind Skyline Private Limited to Mr. Khetshi Barot and Mr. Kaushal Agarwal. The cash transaction is expected to be completed by May 5, 2026. This divestment aligns with the company's strategic restructuring and capital optimization goals.
Arvind SmartSpaces Limited, via its subsidiary, is acquiring Oxford Navrang Realtors Pvt. Ltd. for ₹0.01 Crore. The target is a real estate development firm incorporated in 2025. This strategic acquisition aligns with the company's core business and is expected to conclude within one month.
Sadhav Shipping Limited has announced that its group company, Sadhav Drydocks Private Limited, has been struck off and dissolved by ROC Mumbai effective April 7, 2026. This administrative closure reflects the formal dissolution of the entity from the Register of Companies.
Great Eastern Shipping Company Merger & Restructuring
Great Eastern Shipping Company Ltd (GE Shipping) has contracted to sell its 2003 built Medium Range Tanker 'Jag Pankhi'. The vessel, with a capacity of 46,273 dwt, is scheduled for delivery to an unaffiliated buyer in Q1 FY27. Following this sale and other pending transactions, the company's fleet will comprise 40 vessels.
Krishna Defence and Allied Industries Limited acquired a 51% stake in the newly incorporated Krishna Vabo Defence Composites Private Limited for ₹0.01 Crore. This strategic acquisition enhances the company's manufacturing capabilities for advanced composite ship doors and hatches, targeting growth in the Indian and ASEAN maritime and defence markets.