The Scheme of Arrangement seeking Stock Exchange’s NOC under Regulation 37 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’) shall be submitted to the Exchange along with all the...
National Peroxide Limited Demerger – Wadia Group create core chemical company
Increasing use of Hydrogen Peroxide in versatile applications like pulp and paper industry, textile, water treatment, and its usage in the food and beverage industry is triggering the product’s overall demand. The...
Kubota to have controlling rights in Escorts making it a Japanese MNC company
The Indian tractor industry is the largest in the world. Despite pandemic, the domestic tractor sales for the FY (Financial Year) 2021 were the best in the history of the tractor industry. With sea changes, along with...
RAYMOND’s: Creating Value or Confusion!
In 2019, following the industry trend, Raymond Limited announced demerger of “Branded Apparel Business” paving the way for its listing. The move was intended to separate the core activity from other activities such as...
Multiple transfers of businesses within the structure by Jubilant Group
In 2020, to ensure depth & focus to adopt strategies necessary for growth and unlocking value for shareholders, the Life Science Ingredients business of Jubilant Pharmova Limited (erstwhile Jubilant Life...
YET ANOTHER VALUE UNLOCKING BY AARTI INDUSTRIES
Aarti Industries Limited (AIL) is a listed company and is a leading Indian manufacturer of speciality chemicals and pharmaceuticals with a global footprint. It manufactures chemicals used in downstream manufacturing of...
Piramal Enterprises: The perfect example of Value Creation through M&A
Ajay Piramal of Piramal Enterprises Ltd is an acute M&A Strategist, business savvy and smart negotiator. In the last 40 years, he created huge value for all stakeholders of Piramal Enterprises Ltd (‘PEL’, ‘Company’)...
An experience with one of the Corporate Debtors undergoing CIRP/applied for Liquidation proceedings
Background: The CD is a Land development Company. It is private by the organisation. It issued NCDs for a face value of Rs 7,500/- to a SEBI registered Intermediary who further resold them at Rs 10,000 per NCD to retail...
Re-organisation or Reduction of Capital – CONVERSION OF EQUITY SHARES INTO PREFERENCE SHARES
Baramati Agro Limited (Transferee Company) along with the Protrans Supply Chain Management Private Limited (Transferor Company 1) and Ag-Vet Genetics Private Limited (Transferor Company 2) sought the sanction of...
Grasim Industries’ Scheme of Arrangement under Income Tax Purview
In 2016, the Board of Grasim Industries Limited (“GIL” or “Assessee”), Aditya Birla Nuvo Limited (“ABNL”) and Aditya Birla Financial Services Limited (“ABFSL” or “ABCL”) approved a composite scheme of arrangement of the...
Jasch Industries demerging Industrial Gauge division
The global pressure gauge market has a total revenue of 1296.24 million USD in 2014 and increased to 1432.68 million USD in 2018. It is estimated that the market size of the pressure gauge will be 1640.58 million USD by...
HLE Glascoat acquisition of Thaletec GmbH. Will this acquisition help HLE to foray in Global Market?
Glass-lined equipment is a corrosion-proof material that can be used for a host of processes from pharmaceutical production to specialty chemicals and polymers. Strong glass-lined equipment prevents materials...