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
The National Company Law Tribunal (NCLT) has approved a composite scheme of arrangement involving Poonawalla… Kalpataru Projects International on Friday said it has sold 100 percent equity stake in its… Allied Blenders and Distillers on Friday said its board has cleared a proposal to acquire… NCLT approves Poonawalla Finance demerger splitting lending, real estate business
Kalpataru Projects International sells Vindhyachal Expressway for Rs 775 crore
Allied Blenders to acquire assets of NICOL’s non-operational unit in UP
International News
The U.S. Surface Transportation Board on Friday sent back Union Pacific’s proposed $85 billion merger… Oil major Shell and Japanese conglomerate Mitsubishi Corp are exploring sale options for their respective… Institutional Shareholder Services on Friday recommended that shareholders approve plans by Kleenex maker Kimberly-Clark to… US rail regulator says Union Pacific, Norfolk Southern merger filing incomplete
Shell, Mitsubishi exploring sale options for their stakes in LNG Canada, sources say
ISS recommends shareholders approve Kimberly-Clark’s planned Kenvue deal
Cross Border News
Content studio Lionsgate has sold its over-the-top (OTT) streaming business, Lionsgate Play, in South Asia… State Street, the world’s fourth-largest asset manager, has agreed to invest ₹580 crore for a… India’s Shriram Finance shareholders voted in favour of three proposals linked to the non-bank lender’s… Lionsgate sells Lionsgate Play in South, SE Asia to Rohit Jain in up to $30 million deal
State Street to buy 23% stake in Groww Mutual Fund for ₹580 crore
Shriram Finance gets shareholders’ nod for MUFG deal-linked proposals, sources say
