With an aspiration to grow in consumer wellness space, Ahmedabad based listed company Zydus Wellness Limited announced acquisition of an entity which is more than double in terms of revenue but almost equal to the price...
Alembic goes for demerger
Alembic Ltd (Alembic), incorporated in 1907, is part of Alembic group and it is engaged in the business of manufacturing and trading active pharmaceutical ingredients (API) and Real Estate Developments. It also has...
IBC triggers M&A deals for distressed assets
Mergers and acquisitions (M&A) have got a leg up, thanks to rising cases filed under the Insolvency and Bankruptcy Code (IBC). Till the last count, M&A deals in distressed asset sales worth around $14.3 billion...
Factors considered by CCI to accept or reject a Merger / Acquisition
In case of combination by way of Merger or Acquisition coming under the purview of the Competition Act 2002, when Competition Commission of India (CCI) on receipt of notice from the Parties under Section 6 of the Act or...
Merger of Delta Magnets, Arrow Textiles & MMG India to form Delta Manufacturing
On 19th September Delta Magnets Ltd announced the merger of Arrow Textiles Ltd and MMG India Private Ltd with Delta Magnets Ltd. Post-merger the name of Delta Magnets Ltd will change to Delta Manufacturing Limited. ...
Gloster restructuring not in line with its name
Last year Gloster Limited (Gloster) announced the group re-structuring where Gloster got merged with Kettlewell Bullen & Company Limited (KBC) subsequently the name was changed to Gloster Limited. Gloster Limited is...
Godrej Group second step towards value creation in Agro-Chemical business
In a move to consolidate its Agro-chemical business, Godrej Group has decided to merge its acquired listed entity into its listed holding company. Astec Lifesciences Limited (Astec), established in 1994, Astec...
Merged Lux – from For Men to for family
The Board of Directors of Lux Industries Limited have approved the scheme of merger of its group entities J. M. Hosiery & Co. Limited and Ebell Fashions Private Limited with Lux Industries Limited. Lux Industries...
Promoters revives MBL Infra with increased stake
MBL Infrastructure Ltd (MBL Infra) is engaged in the execution of civil engineering projects. The Company provides integrated engineering, procurement and construction (EPC) services for civil construction and...
IIFL Securities stuck with Ashapura Shares
Ashapura Intimates Fashion Limited (Company) is a Mumbai based company listed on Bombay Stock Exchange (BSE). The Company is innerwear retailer doing business under the brand name ‘Valentine’. Entire Equity Share...
Can Mukand achieve sustained growth?
MUKAND LTD (ML), incorporated in the year 1937, was acquired by the present promoter families, Shri Jamanlal Bajaj and Shri Jeevan Lal Shah, on the behest of Mahatma Gandhi in the year 1939. The Company then operated re...
Big ticket inbound deals drive M&As in India
The year 2018 is seeing a lot of big-ticket mergers and acquisitions (M&As) in India by foreign companies. Till September, India has got investments worth $40.5 billion through M&As by foreign companies in the...