At meeting held on 26 June 2024. The Board of Directors of Vijaya Diagnostic Centre (VDCL) and Medinova Diagnostic Services (MDSL) at their respective Board meetings held today, approved the Scheme of Amalgamation for...
Board of UltraTech Cement approves acquisition of 23% stake in India Cements
At meeting held on 27 June 2024. The Board of UltraTech Cement at its meeting held on 27 June 2024 has approved making a financial investment to purchase upto 7.06 crores equity shares of India Cements at a price of...
PI Industries share price jumps 5% on acquisition of Plant Health Care
PI Industries share price jumped over 5% in early trade on Thursday after the company announced the acquisition of UK-listed Plant Health Care Plc (PHC) with subsidiaries in the US, Brazil, Mexico and a few other...
UltraTech Cement revises offer, to acquire 25 pc of UAE-based RAKWCT
Almost a month after making an offer to acquire 31.6 per cent in UAE-based RAKWCT, Aditya Birla group firm UltraTech Cement on Tuesday said it has revised the deal to 25 per cent. UltraTech had on May 27 said it had...
Promoters Ambuja Cements, Ravi Sanghi to sell 3.52% stake in Sanghi Industries
Sanghi Industries’ promoters Ambuja Cements and Ravi Sanghi will sell stakes in the company via offer for sale (OFS), the cement manufacturer said on Tuesday in an exchange filing. The promoters proposed to sell...
Imagicaaworld Ent gains after board OKs to acquire MPIPL for Rs 55 cr
Imagicaaworld Entertainment rose 1.18% to Rs 79.96% after the company’s board approved to acquire 100% stake in Malpani Parks Indore (MPIPL) held by Malpani Parks Private for a total consideration of up to Rs 55...
Craftsman Automation rallies after inking MoU to acquire Sunbeam
Craftsman Automation surged 8.79% to Rs 5,260 after the company announced that it has entered into a memorandum of understanding (MoU) with Sunbeam Lightweighting Solutions Private (Sunbeam) and Kedaara Capital Fund II...
Jashvik Capital buys into Futura Surgicare
Jashvik Capital, an India-based private equity firm, has acquired a minority stake in Futura Surgicare, a Bangalore-based medical products, consumables and devices player, stated a press release. Established in 1994 by...
Sun Pharma completes merger of Taro
Sun Pharma on Monday announced the completion of the merger of Taro Pharmaceutical Industries Ltd. with its subsidiary. As part of this merger, Sun Pharma acquired all outstanding ordinary shares of Taro other than the...
Demerger to secure synergies across biz verticals, says Tata Motors Chairman N Chandrasekaran
The proposed demerger of existing automotive businesses into two listed entities will help in securing synergies across its PV and JLR verticals in areas of EVs and autonomous vehicles, Tata Motors Chairman N...
After 7 years and $1.2 bn investment, ONGC offers stake in Deen Dayal gas field
After spending close to USD 1.2 billion and seven years of little success, state-owned Oil and Natural Gas Corporation (ONGC) is seeking partners to rescue the Deen Dayal gas field in the KG basin in Bay of Bengal. ONGC...
Board of Swan Energy approves acquisition of balance stake in Triumph Offshore
The Board of Directors of Swan Energy (SEL) at its meeting held on 24 June 2024, have inter alia, considered and approved the acquisition of 26,21,50,000 equity shares of Rs. 10/- each of Triumph Offshore (TOPL)...
