Haresh Shah
In a landmark judgment, the Supreme Court of India has quashed the Resolution Plan for M/s. Bhushan Power and Steel Limited (BPSL), previously approved by both the National Company Law Tribunal (NCLT) and the National...
Vadilal Industries: Post-Feud Restructuring and Consolidation
Vadilal Industries Limited (“VIL”) has long been synonymous with India’s ice‐cream market. In March 2025, the promoters of VIL—the Gandhi Family—finally resolved their intra‐family disputes and announced a comprehensive...
Will Hindware’s New Restructuring create Shareholder Value This Time?
Hindware Group has once again announced a major corporate restructuring—yet another chapter in its long history of reorganisations aimed at unlocking shareholder value. Over the past decade, the group has undergone...
M&M adding bus segment into its portfolio with acquisition of SML ISUZU
Mahindra & Mahindra Limited (“M&M” or “Acquirer”) is a flagship company of Mahindra Group which is engaged in the manufacturing and sale of passenger cars, Heavy, Medium & Light commercial vehicles...
Metropolis’ acquisition of Hitech Healthcare via Voluntary Liquidation – A Unique Way
In 2021, Metropolis Healthcare Limited (“MHL”) announced a proposed acquisition of 100% equity shares of Dr. Ganesan’s Hitech Diagnostic Centre Private Limited and its subsidiary (‘Hitech’) for consideration in the form...
Mukand Limited – Business Undertaking from its subsidiary demerged into holding company
Recently Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”) sanctioned the Scheme of Arrangement (“the Scheme”) between Mukand Sumi Metal Processing Limited (“Demerged Company” or “MSMPL”), wholly owned...
National News
Billionaire Anil Agarwal-led Vedanta Ltd told the bankruptcy tribunal that the bidding process in the… Cycle Pure Agarbatti is sharpening its push into digital channels and associated product categories as… The National Company Law Appellate Tribunal on Wednesday rejected a joint petition filed by five… Vedanta alleges Jaiprakash bid process was ‘tailor-made’ for Adani despite its higher offer
Cycle Pure buys stake in Satvik to spark digital growth in India’s $35 billion spiritual products market
NCLAT upholds NCLT order on distribution of funds from a resolution plan
International News
Canadian artificial intelligence company Cohere and German company Aleph Alpha are reportedly in merger discussions…. Rio Tinto’s, U.S. assets that produce the critical mineral boron have drawn interest from more… Iberdrola has put on hold for now the attempted sale of a minority stake in… Canada’s Cohere, Germany’s Aleph Alpha in merger talks: Report
Rio Tinto’s US boron assets draw interest from bidders, Bloomberg News reports
Iberdrola puts $1 billion solar stake sale on hold, sources say
Cross Border News
Sun Pharmaceutical Industries has decided to proceed with a binding offer of $12 billion for… Japan’s MUFG Bank on Wednesday acquired 20 per cent stake in Shriram Finance Ltd (SFL)… Greenlam Asia Pacific, a wholly owned subsidiary of Greenlam Industries in Singapore (Singapore subsidiary) and… Sun Pharma closes in on Organon buy, gets set for $12 billion binding bid
Japan’s MUFG Bank acquires 20 pc stake for Rs 39,618 cr in Shriram Finance
Greenlam Industries announces acquisition of balance 33% in its Indonesian subsidiary
