Recently, Advent International announced the merger of its privately held pharma company into recently acquired listed pharma company. Advent being one of the largest private equity entities, is the merger move looking...
Vuenow Merges All Entities – Will It Create Value?
Recently, Vuenow Infratech Limited, a BSE listed company, announced the merger of two private companies itself. Though the company is small (rather miniscule), recent past events & some of the facts related to...
Zuari Group’s attempts to create the biggest private producer of Fertilisers
Recently Adventz (Zuari) Group announced the consolidation of its two group listed entities. One of its listed companies is entirely controlled by Adventz Group while the other being jointly controlled with OCP, Morocco...
Rane Group to consolidate its listed operational entities
After keeping different operational listed entities for years, Rane Group, one of the key players in the Auto Ancillary space has decided to consolidate its listed operational companies under Rane (Madras) Limited. Rane...
NCLT approves Aditya Birla group plan to merge NBFCs: Sources
Aditya Birla Group plans to consolidate its non-banking finance companies (NBFCs) to create better synergies and ensure optimal utilisation of resources and greater economies of scale, following approval by the National...
Allcargo Logistics creating a more simplified structure
After successful demerger followed by separate listing of its Container Freight Stations/Inland Container Depots Business and Equipment Rental, Logistics Parks and other Real Estate assets, Allcargo Logistics Limited...
SAT Order on ZEEL Directors
SEBI’s Interim Order on Zee Entertainment Enterprises Limited According to the web search results, SEBI passed an interim order against Zee Entertainment Enterprises Ltd (ZEEL) and its promoters on June 12, 2023, vide...
Promoters of DCM Shriram Industries are on their way to segregate their businesses with Streamlined Promoter Holding
The Board of Directors of DCM Shriram Industries Limited approved a Composite Scheme of Arrangement (“Scheme”) which inter-alia provides for separation of Rayon & Chemical undertakings into respective separate...
NO TDS on Sale of Property by Liquidator under the IBC, 2016?
Case Law: Company Appeal (AT) (Insolvency) No. 624 of 2020 Facts of the Case: Om Prakash Agrawal; Liquidator – S.Kumars Nationwide Limited (“Appellant” or “Liquidator”) who has been appointed as Liquidator of S...
Merger driven by Venture Capital
The Board of Directors of JHS Svendgaard Laboratories Limited announced merger of the company with private company Vedic Cosmeceuticals Private Limited. As acclaimed by the management, the product portfolio of Vedic...
INFIBEAM continues its journey of segregation
Recently, the management of Infibeam Avenues Limited announced an internal restructuring which will pave the way for separate listing of its Global Top Level Domain business and will carve out immovable property at Gift...
Tata Consumer to merge 3 wholly-owned subsidiaries – NourishCo, SmartFoodz and Soulfull
Tata Consumer Products Ltd said it would merge its three wholly-owned subsidiaries — NourishCo Beverages, Tata SmartFoodz and Tata Consumer Soulfull — to ensure “more effective utilisation of the...