MERGERS & ACQUISITIONS
Honasa Consumer Limited (HCL), the company behind popular digital-first brands like Mamaearth, The Derma Co., Aqualogica, BBlunt, Dr. Sheth’s, Staze, and Luminéve, has announced a major strategic move—its entry into the men’s personal care space. The company has acquired Reginald Men, a fast-growing premium grooming brand, marking an important milestone in Honasa’s expansion journey. A…
Biocon Limited has announced several significant decisions following its Board Meeting held on December 6, 2025. These decisions include an increase in authorised share capital, a major acquisition involving Biocon Biologics Limited (BBL), a preferential equity issue worth ₹6,950 crore, and approval for additional fund raising of up to ₹4,500 crore. 1. Increase in Authorised…
Vedanta Limited has received the green light from the National Company Law Tribunal (NCLT) Kolkata to acquire Incab Industries Limited under the Insolvency and Bankruptcy Code (IBC). The approval, dated December 3, 2025, allows Vedanta to take full control of Incab for an upfront cash payment of ₹545 crore. This strategic move expands Vedanta’s footprint…
Reliance Industries Limited (RIL) has expanded its global cricket empire with a strategic partnership in The Hundred. Through its wholly owned subsidiary, Reliance Strategic Business Ventures Limited (RSBVL), RIL acquired a 49% stake in Oval Invincibles Limited from the England and Wales Cricket Board (ECB) for GBP 60.27 million (approximately ₹722 crore). Surrey County Cricket…
Amber Enterprises India Limited is powering up its electronics play! Its material subsidiary, IL JIN Electronics (India) Private Limited, has completed the acquisition of an 80% stake in Shogini Technoarts Pvt Ltd for approximately ₹506 crore. Announced initially on November 14, 2025, this all-cash deal positions Shogini as a subsidiary of IL JIN and a…
December 1, 2025 – Mumbai, India Tata Group’s hospitality giant, The Indian Hotels Company Limited (IHCL), is scaling up its asset-light strategy with a bang! Through its wholly-owned subsidiary Roots Corporation Limited (RCL), IHCL has snapped up 51% stakes (on a fully diluted basis) in two midscale hotel operators: ANK Hotels Private Limited (ANK) and…
December 1, 2025 – Mumbai, India Aditya Birla Capital Limited (ABCL) has made a strategic rights issue investment of ₹300 crore (precisely ₹300,00,00,042) in its wholly-owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL). This move, announced via a stock exchange filing, aims to fuel ABHFL’s expansion and strengthen its leverage ratios without altering ABCL’s 100%…
In a move that’s set to supercharge its AI capabilities, Tata Communications has snapped up a majority 51% stake in US-based Commotion Inc., an AI-native enterprise SaaS platform. This cash deal, valued at approximately USD 25.5 million (around ₹227 crores), was executed through its Dutch subsidiary, Tata Communications (Netherlands) B.V., and closed on December 1,…
Mahindra Group is stepping up its renewable energy footprint through its step-down subsidiary Gelos, which is preparing to set up a large Hybrid Wind–Solar project of up to 100.8 MW Wind and 50 MW Solar in Maharashtra. The project is being developed to supply power to Mahindra Group companies and other captive consumers. Key Highlights…
Ashoka Buildcon Limited (ABL) has completed a major strategic move by acquiring full ownership of its subsidiary, Ashoka Concessions Limited (ACL). With this deal, the company has bought out its former financial partners, giving ABL complete control over ACL’s operations. Key Highlights of the Deal Acquired Entity: Ashoka Concessions Limited Buyers: Ashoka Buildcon Limited and…