M & A CritiqueIndustry-wise breakup of the schemes filed is as follows:
| Industry | No. of Deals | |
| January 2015 | December 2014 | |
| Auto Components | 1 | 2 |
| Financial Services | 5 | 4 |
| Investments | 2 | 3 |
| Information Technology | 2 | 1 |
| Infrastructure | 0 | 2 |
| Power | 1 | 0 |
| Pharmaceutical Products | 2 | 0 |
| Real Estate | 2 | 3 |
| Engineering | 1 | 3 |
| Others | 7 | 10 |
| Total | 23 | 28 |
This month 23(Twenty Three) Schemes were filed, involving 124 (One Hundred Twenty Four) Companies, of which 20(Twenty) Schemes were Schemes of Amalgamation, 2(Two) Schemes were Scheme of Demerger, 1(One) Scheme was Scheme of Arrangement.
Other facts are:-
2(Two ) Companies were Listed Companies.
11 Eleven) Companies have paid-up Capital of more than Rs. 10 Crores.
9 (Nine) Schemes were Merger between Holding Company and Subsidiary Company.
In 4 (Four) Schemes, the Transferor Company has carried forward losses and the Transferee Company is profit making.
In 4 (Four) Schemes, the Transferor Company is profit making and the Transferee Company has carried forward losses.
In 11(Eleven) Schemes, the Transferor Company and the Transferee Company both are profit making.
In 4 (Four) Schemes, the Transferor Company and the Transferee Company both have carried forward losses.
DETAILS OF SCHEME
SCHEME OF AMALGAMATION :
MAHINDRA BUSINESS & CONSULTING SERVICES PRIVATE LIMITED WITH MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED
This Scheme is a Scheme of Amalgamation of Unlisted Company with Listed Company.This is a case of verticle amalgamation as both the companies are engaged in different lines of businesses. Mahindra Business & Consulting Services Private Limited is engaged in providing manpower services to Mahindra group of Companies and Mahindra & Mahindra Financial Services Limited is engaged in Finacial Services and is a NonBanking Financial Company. Mahindra Business & Consulting Services Private Limited is wholly owned subsidiary of Mahindra & Mahindra Financial Services Limited as its entire share capital is held by Mahindra & Mahindra Financial Services Limited and its nominees. No consideration will be paid by Mahindra & Mahindra Financial Services Limited for transfer of the entire undertaking of Mahindra Business & Consulting Services Private Limited. The Appointed Date of the Amalgamation is 1st April 2014.
WOCKHARDT BIOPHARMA LIMITED AND VINTON HEALTHCARE LIMITED WITH WOCKHARDT LIMITED
This Scheme is a Scheme of Amalgamation of Unlisted Companies with Listed Company. This is a case of horizontal amalgamation as all the three companies are engaged in the same line of businesses. Wockhardt Biopharm Limited and Vinton Healthcare Limited and Wockhardt Limited are engaged in the business of Pharmaceuticals and Manufacturing & trading of Biotechnology Products. Wockhardt Biopharm Limited Vinton Healthcare Limited are wholly owned subsidiaries of Wockhardt Limited as entire share capital of both the Companies is held by Wockhardt Limited and its nominees. No consideration will be paid by Wockhardt Limited for transfer of the entire undertakings of Wockhardt Biopharm and Limited Vinton Healthcare Limited. The Appointed Date of the Amalgamation is 1st April 2014.
PETITIONS ADMITTED
The number of Schemes admitted was 29 (Twenty Nine) of which 23 (Twenty Three) Schemes were Scheme of Amalgamation, 4 (Four) Schemes were Scheme of Demerger and 2 (Two) Schemes were Scheme of Arrangement.
IMPORTANT ONES ARE LISTED BELOW:
Scheme of Amalgamation
- Glenmark Generics Limited and Glenmark Access Limited with Glenmark Pharmaceuticals Limited.
PETITIONS SANCTIONED
The numbers of Schemes sanctioned were 25(Twenty-Five) of which 23(Twenty Three) Schemes were Scheme of Amalgamation, 2(One) Schemes were Scheme of Demerger.
IMPORTANT ONES ARE LISTED BELOW:
Scheme of Amalgamation
- Intellvisions Software Limited with Aurionpro Solutions Limited
