Zee Entertainment Enterprises Ltd’s board of directors has endorsed a new organizational framework proposed by managing director and CEO Punit Goenka. Goenka, who will assume direct charge of the domestic...
Yandex’s restructuring deal expected to be delayed to next year
The completion of Nasdaq-listed Russian tech company Yandex’s restructuring is expected to be postponed until early 2024, three sources familiar with the negotiations told Reuters on Monday. Often referred to as...
TVS Group’s Restructuring – A Benchmark for Family Arrangements
Recently, TVS Holdings Limited announced the completion of its demerger of non-ferrous gravity and pressure die castings business along with the amalgamation of its holding company & other group entity. The entire...
Panasonic shares surge as stake sale plan sparks restructuring hopes
Shares of Japan’s Panasonic Holdings have rallied about 10% since it announced on Friday a plan to sell a stake in its automotive systems business and the unit’s potential listing raised broader...
Chinese EV startup WM Motor files for pre-restructuring
Chinese electric vehicle startup WM Motor said it has filed for a pre-restructuring process, marking the demise of a promising standout among China’s EV makers as price competition in the world’s largest...
Asian Granito India to undergo Mega Restructuring
The Board of Directors of Asian Granito India Limited at its Board Meeting approved the Composite Scheme of Arrangement under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 amongst Asian...
Hengli Petrochemical subsidiary eyes nearly $2 bln restructuring
Chinese independent refiner and petrochemicals producer Hengli Petrochemical has agreed to restructuring deals worth a total of up to $1.89 billion for its subsidiary Kanghui New Material Technology, filings showed on...
Inox Wind Restructuring: Group Focus on Growing the Wind Energy Business
In 2020, Inox Wind Energy Limited was incorporated to facilitate the Composite Scheme of Arrangement between GFL Limited, Inox Renewables Limited and Inox Wind Energy Limited approved by the National Company Law...
China’s real estate giant Evergrande files for bankruptcy protection in US, seeks restructuring deal
China’s real estate giant Evergrande Group has filed for bankruptcy protection in the United States on Thursday. The company has sought protection under Chapter 15 of the US bankruptcy code, a measure that protects non...
RAYMOND Group’s Restructuring to Re-FOCUS on its Core Businesses
For the last couple of years, it appears Raymond Limited has relentlessly been trying to simplify its structure & create value for shareholders. The group announced a couple of internal restructurings by calling a...
Stampede Capital Ltd (SCAP DVR) receives in-principle approval to explore merger, acquisition for restructuring the business of WEXL Edu Private Limited
Stampede Capital Ltd (SCAP DVR) – Financial Consultancy firm has received in-principal approval to explore appropriate options including merger, acquisition, or other suitable options of arrangement for...
YET ANOTHER RESTRUCTURING TO UNLOCK VALUE OF TAN BUSINESS BY DEEPAK FERTILISERS
Technical Ammonium Nitrate (TAN) is an important chemical used in various industries, including mining, construction, and agriculture. Its primary use is as a component in explosives, where it is mixed with other...