MERGERS & ACQUISITIONS
Lloyds Engineering Works Limited has acquired an additional 12.25% stake in Lloyds Infrastructure and Construction Limited (LICL) from Mahaprabhu Ventures Private Limited. This acquisition increases Lloyds Engineering Works Limited’s total stake in LICL to 24.50%, establishing LICL as an associate company. Below are the key highlights of the transaction: Key Details of the Acquisition Acquirer:…
Hindustan Unilever Acquires Premium Beauty Brand Minimalist Hindustan Unilever Limited (HUL), India’s leading FMCG company, has announced its acquisition of Minimalist, a premium, digitally native beauty brand renowned for its science-based skincare and haircare products. This strategic acquisition underscores HUL’s commitment to strengthening its position in the fast-growing premium Beauty & Wellbeing sector. HUL will…
Adani Energy Solutions Ltd Acquires Rajasthan Part I Power Transmission Limited for Strategic Expansion Adani Energy Solutions Ltd (AESL) has acquired 100% equity shares of Rajasthan Part I Power Transmission Limited (RPIPTL) as of January 20, 2025. The acquisition, carried out through a Share Purchase Agreement (SPA) with REC Power Development and Consultancy Limited, involved…
Roundup of Acquisition and Merger Activity on January 21, 2025 Deep Industries Limited Deep Industries Limited, through its wholly-owned subsidiary Deep Onshore Services Private Limited, completed the acquisition of Dolphin Offshore Shipping Limited. The acquisition, finalized under a resolution plan approved by the NCLT during Dolphin’s Corporate Insolvency Resolution Process, involved the purchase of 10,000…
Oberoi Realty Limited (ORL) has announced a merger with its wholly-owned subsidiary, Nirmal Lifestyle Realty Private Limited (NLRPL). The merger was approved by ORL’s Board of Directors on January 20, 2025, during a meeting in Mumbai. The proposed amalgamation is subject to approvals from shareholders, creditors, the Central Government, and the National Company Law Tribunal…
Hatsun Agro Product Limited (HAP) has announced the acquisition of 100% issued and paid-up share capital of Milk Mantra Dairy Private Limited, a move approved by its Board of Directors on January 20, 2025. This acquisition, valued at ₹233 Crores, does not involve related party transactions, and HAP’s promoter/promoter group holds no interest in Milk…
Key Acquisitions and Investments Announced on January 17, 2025 January 17, 2025, marked a significant day for corporate developments as five major acquisitions and investments were announced across various sectors. These deals highlight strategic moves by companies to expand their reach, capabilities, and market influence. Below is a summary of the key transactions: 1. Styrenix…
TCS Strengthens Infrastructure with Strategic Real Estate Acquisition in Bengaluru Tata Consultancy Services Limited (TCS), a global leader in IT services and consulting, has announced the acquisition of two commercial real estate entities in Bengaluru, India: TRIL Bengaluru Real Estate Five Limited and TRIL Bengaluru Real Estate Six Limited. These entities are wholly owned subsidiaries…
Lupin Finalizes Equity Acquisition of Sunsure Solarpark Lupin Limited (NSE: LUPIN), a leading pharmaceutical company, has completed its equity acquisition in Sunsure Solarpark Seventeen Private Limited (“Sunsure Solarpark”). This strategic move reflects Lupin’s dedication to sustainability and operational excellence. Key Acquisition Highlights Equity Stake: Lupin has acquired 42.61% of Sunsure Solarpark’s equity share capital. Completion…
Optiemus Infracom Boosts Commitment to BIGTech with Strategic Investment Optiemus Infracom Limited (NSE: OPTIEMUS), a leader in telecommunications solutions, has announced a strategic investment in Bharat Innovative Glass Technologies Private Limited (“BIGTech”), its joint venture with Corning International Corporation. This initiative underscores Optiemus’s commitment to BIGTech and its ambitious growth plans in the mobile consumer…