Aniruddha Jain
Haresh Shah
India 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
Prema Watsa’s Fairfax Financial and Kotak Mahindra Bank are set to submit financial bids separately… The National Company Law Tribunal (NCLT), New Delhi, has recalled the Corporate Insolvency Resolution Process… In a rare occurrence, the National Company Law Tribunal (NCLT) has admitted a class action… IDBI stake sale: Kotak Mahindra, Fairfax to submit financial bids
Insolvency case against Alchemist recalled after ED’s intervention
NCLT allows Rs. 2,500-crore class action lawsuit against Jindal Poly Films
International News
Japanese brewer Kirin Holdings said on Friday it will sell its Kentucky bourbon brand Four… Global accounting and consulting firm KNAV has acquired a majority stake in Affiniax Group, a… Biotech firm PrimeGen US will go public in the United States through a $1.5 billion… Japan’s Kirin to sell Four Roses bourbon brand to Gallo for $775 million
KNAV acquires majority stake in UAE’s Affiniax
Biotech firm PrimeGen to go public in $1.5 billion SPAC deal
Cross Border News
The Indian central bank has approved private equity firm Blackstone’s acquisition of up to a… Private equity firm Advent International will buy a 14.3% stake in India’s Aditya Birla Housing… MPS on January 30 said it has agreed to acquire a 100% stake in Unbound… Blackstone gets India’s central bank nod to buy Federal Bank stake
Advent to buy 14.3% of Indian mortgage lender Aditya Birla Housing Finance for $304 million
MPS acquires US-based Unbound Medicine
