Aniruddha Jain
Haresh ShahIndia Glycols Limited (“Demerged Company” or “Transferee Company/IGL”) is in the business of manufacturing and marketing of Bio-based Specialities & Performance Chemicals such as Bio-Polymers, Green Solvents...
Sudarshan Chemical completes Heubach Group acquisition – Integration shall be Key
In October 2024, Pune based Sudarshan Chemical Industries Limited (“SCIL”) took a bold step by announcing the acquisition of “Global Pigment Business Operations of the Heubach Group” (“Heubach”) of Germany. To put in...
The Fine Print of QIP: Examining OneSource’s Eligibility After Scheme of Arrangement
Facts of the case The board of directors of OneSource Specialty Pharma Limited (“OneSource”) unlisted public company which was supposed to get listed pursuant to the proposed transaction, approved a scheme of...
Kitex Group Promoters decide to consolidate Childrenswear business
The Board of Directors of Kitex Garments Limited considered the Kitex Childrenswear Limited proposal and have approved a “Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited and their...
Akzo Nobel restructures India business to focus on Liquid Paints Business
In the past few months, Akzo Nobel India Limited has been in focus as its Dutch promoter is contemplating a sale of its equity shares of Akzo Nobel India Limited. Amidst these rumours, Akzo Nobel India Limited announced...
Coforge’s Inorganic Growth Strategy: Merger post-acquisition in target companies
Coforge Limited in 2024 acquired a controlling stake in Cigniti Limited to quicken its journey to become a USD 2 billion company, after acquiring the controlling stake, Coforge has now announced a merger of Cigniti...
National News
Mukesh Ambani-led Reliance Industries has consolidated 16 step-down wholly owned subsidiaries into its clean-energy arm,… The potential renaming of IDBI Bank after an acquisition remains a key imponderable for interested… Senco Gold Limited on Wednesday said its board has approved an investment of Rs 68… Reliance Industries merges 16 step-down subsidiaries into Reliance New Energy
IDBI Bank’s renaming on radar ahead of divestment
Senco Gold to acquire 68% stake in Melorra parent for Rs 68 crore
International News
Telenor said on Thursday it would sell its 30.3% stake in Thailand’s True Corporation for… Oil major Shell is considering a sale of its assets in Argentina’s Vaca Muerta shale… U.S. banking giant JPMorgan Chase as closed a deal to buy UK-based pensions technology platform… Telenor sells its stake in Thailand’s True Corporation for $3.9 billion
Shell considers exit from Argentina’s Vaca Muerta shale play, sources say
JPMorgan buys UK pensions technology firm WealthOS, memo shows
Cross Border News
Investment firm General Atlantic said on Thursday that it has entered a “definitive agreement” to… Fair trade regulator CCI on Tuesday approved Emirates NBD Bank’s proposal to acquire a majority… Everstone-owned software firm Wingify has acquired Paris-based rival AB Tasty for around $150-200 million, per… General Atlantic enters a definitive pact to acquire stake in Balaji Wafers
Emirates NBD Bank gets CCI’s nod to acquire majority stake in RBL Bank
Everstone-owned Wingify to buy AB Tasty, create $500 million SaaS entity
