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
Omkara Asset Reconstruction Company, along with global investor Oaktree Capital Management, has acquired the debt… In a fresh twist in the insolvency proceedings of Jaiprakash Associates Ltd (JAL), the Committee… The resolution professional of debt-ridden Jaiprakash Associates Ltd (JAL) told the National Company Law Appellate… Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from Edelweiss
JAL insolvency case: Lenders flag ‘leak’ that may have aided Vedanta bid
Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLAT
International News
Bain Capital has emerged as the frontrunner to acquire Vitabiotics, UK’s largest nutraceutical company, as… The family that controls Jack Daniel’s maker Brown-Forman favors a potential sale to French distiller… A group of private equity firms submitted initial bids for Benchmark Capital, the financial planning… Bain Capital sole contender for Vitabiotics buy
Jack Daniel’s maker Brown-Forman favors Pernod Ricard bid over Sazerac, source says
Private equity firms submit offers for Schroders’ Benchmark unit, Sky News reports
Cross Border News
VIDYA, a global manufacturer of herbal extracts and coffee solutions, has announced a strategic move… Wipro Hydraulics, a part of Wipro Infrastructure Engineering, on Thursday said it has signed a… The sale process for IntelliSmart Infrastructure, which operates smart electricity metering systems of utilities, has… VIDYA strengthens global coffee presence with acquisition in Romania
Wipro Hydraulics to acquire majority stake in Italy’s Indeco Ind Spa
Global funds, Adani, GMR, others in race for NIIF’s smart meter business
