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
Shares of Manappuram Finance are likely to remain in focus on Monday after the company… Realty firm Lodha Developers Ltd has acquired an 80 per cent stake in Pune-based Solidrise… Burman family backed-Religare Enterprises Ltd (REL) has approved a plan to demerge its financial services… Manappuram Finance shares in focus as RBI clears Bain Capital’s 41.66% stake buy
Lodha Developers buys 80% stake in Pune-based SRPL for Rs 294 crore to expand business
Burman-backed Religare Enterprises announces demerger to unlock shareholder value
International News
Warner Bros Discovery is considering reopening sale talks with rival Hollywood studio Paramount Skydance after… Shares of Australia’s Qube Holdings shot to a record high on Monday after it agreed… India’s Torrent Power said on Monday it will buy a coal-fired power plant operator in… Warner Bros weighs reopening sale talks with Paramount, Bloomberg News reports
Qube shares hit record high after agreeing to $8.3 billion Macquarie-led buyout
India’s Torrent Power to buy L&T’s coal-plant operator for about $760 million
Cross Border News
Le Travenues Technology, the parent company of online travel aggregator Ixigo, has acquired a 60%… Alkem Laboratories’ medical devices unit will buy up to a 55% stake in Switzerland’s Occlutech… Alkem Laboratories’ medical devices unit will buy up to a 55% stake in Switzerland’s Occlutech… Ixigo acquires 60% stake in Spain-based train ticketing platform Trenes for Rs 125 crore
Alkem Labs unit to buy up to 55% of Occlutech for $118 million
Alkem Labs unit to buy up to 55% of Occlutech for $118 million
