GB Global Limited has announced the approval of an amended draft scheme of merger with Dev Land & Housing Private Limited (DLH) following a Board meeting held on March 21, 2025. The merger will be an absorption of GB Global Limited (subsidiary) into Dev Land & Housing Pvt. Ltd. (holding company), subject to regulatory approvals…
Mumbai, March 20, 2025 – Kopran Ltd. has announced the approval of the merger of Kopran Laboratories Limited with Kopran Limited. The decision was finalized during a Board of Directors meeting held at the company’s Registered Office on March 20, 2025. Key Highlights of the Merger Entities Involved: Transferor Company: Kopran Laboratories Limited (CIN: U24230MH1986PLC040602),…
Carborundum Universal Limited (CUMI) has successfully acquired 100% membership interests in Silicon Carbide Products LLC, further strengthening its position in the advanced materials sector. This marks yet another significant acquisition completed on March 21, 2025. Key Highlights of the Acquisition Acquiring Entity: Carborundum Universal Limited (CUMI). Acquired Entity: Silicon Carbide Products LLC. Acquisition Completion Date:…
Reliance Industries’ Subsidiary Completes Acquisition of 74% Stake in Nauyaan Shipyard Reliance Industries Limited (RIL), through its step-down wholly owned subsidiary Nauyaan Tradings Private Limited (NTPL), has successfully acquired a 74% equity stake in Nauyaan Shipyard Private Limited (NSPL). The acquisition, completed on March 21, 2025, marks a significant expansion for RIL in the maritime…
Sirca Paints India Acquires Wembley Group’s Business Undertaking Sirca Paints India Limited has announced the acquisition of Wembley Group’s business undertaking, marking a significant expansion in the decorative paints and coatings industry. The acquisition was officially approved on March 21, 2025, and aligns with Sirca Paints’ strategic growth plans. About the Acquisition The deal involves…
Power Grid Corporation of India Acquires Chitradurga Bellary REZ Transmission Limited (CBRTL) Power Grid Corporation of India Limited (POWERGRID) has successfully acquired Chitradurga Bellary REZ Transmission Limited (CBRTL). The acquisition, finalized on March 21, 2025, was carried out through the Tariff Based Competitive Bidding (TBCB) route, with POWERGRID emerging as the successful bidder. Purpose of…
Engineers India Limited (EIL) has been awarded a significant contract by Numaligarh Refinery Limited (NRL) for Engineering, Procurement, and Construction Management (EPCM) services for a 360 KTPA Polypropylene Unit (PPU) Project at the Numaligarh Refinery. The total estimated value of this contract is approximately ₹252.95 crore, excluding GST. Project Overview: Client: Numaligarh Refinery Limited (NRL)…
AYM Syntex Limited has announced a strategic move to streamline its corporate structure by merging with its holding company, Mandawewala Enterprises Limited (MEL). This amalgamation aims to enhance operational efficiency and simplify the organizational hierarchy. Details of the Amalgamation: Entities Involved: Mandawewala Enterprises Limited (MEL): The holding company of AYM Syntex Limited. AYM Syntex Limited:…
Tata Motors Limited has announced the incorporation of a new wholly-owned subsidiary, Tata Motors Digital.AI Labs Limited (TMDALL), to bolster its digital capabilities and drive innovation in the automotive sector. Key Details of the Incorporation: Name: Tata Motors Digital.AI Labs Limited (TMDALL) Authorized Share Capital: ₹1,00,00,000, divided into 10,00,000 equity shares of ₹10 each Paid-Up…
Mahindra & Mahindra Ltd. (M&M) has announced a strategic move to streamline its corporate structure by acquiring a 57% equity stake in Mahindra – BT Investment Company (Mauritius) Limited (MBTICM). This acquisition involves M&M purchasing 67,71,600 equity shares from its wholly-owned subsidiary, Mahindra Overseas Investment Company (Mauritius) Limited (MOICML), thereby making MBTICM a direct subsidiary…