MERGERS & ACQUISITIONS
TVS Motor Company Limited, one of India’s leading two-wheeler manufacturers, has made significant strides in its global business operations with two recent acquisitions. The company has acquired a full stake in The GO Corporation (GOAG), Switzerland, and EBCO Limited, UK, through its wholly-owned subsidiary TVS Motor (Singapore) Pte. Ltd. These acquisitions mark strategic moves to…
Hatsun Agro Product Limited (HAP), India’s leading corporate dairy company, has successfully completed the acquisition of Milk Mantra Dairy Private Limited, marking a significant milestone in its expansion strategy. This acquisition, finalized on March 25, 2025, positions Milk Mantra as a wholly-owned subsidiary of HAP. Acquisition Details: Total Shares Acquired: HAP has acquired the entire…
Hindustan Media Ventures Limited (HMVL), a prominent media company in India, has recently expanded its investment portfolio by converting warrants into equity shares of Pur Energy Limited (PURE), a Hyderabad-based electric vehicle (EV) manufacturer. This strategic move underscores HMVL’s commitment to diversifying its interests and tapping into the burgeoning EV market. Details of the Investment:…
Indegene Limited, a prominent global enterprise specializing in digital-first commercialization within the life sciences sector, has announced a strategic move to enhance its European footprint. The company’s wholly-owned subsidiary, Indegene Ireland Limited, is set to acquire MJL Communications Group Ltd. and its subsidiary, MJL Advertising Ltd., both based in the United Kingdom. Transaction Overview: Acquisition…
Power Grid Corporation of India Limited (POWERGRID) has recently expanded its transmission network by acquiring three Special Purpose Vehicles (SPVs) through Tariff Based Competitive Bidding (TBCB). These acquisitions aim to enhance India’s power transmission infrastructure and facilitate the integration of renewable energy sources. 1. Acquisition of Banaskantha Transco Limited (BTL): On March 24, 2025, POWERGRID…
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…