Minda TG Rubber Private Limited (“Applicant Company/Transferor Company) filed scheme of amalgamation with Toyoda Gosei Minda India Private Limited (“Transferee Company”) before the Hon’ble National Company Law Tribunal...
ONE TATA STEEL: Way to India’s fully integrated steel and steel products Company
Tata Steel Limited, one of India’s largest steel manufacturing companies announced mega internal restructuring of its subsidiaries which will inter-alia usher in consolidation. Over a period, Tata Steel Limited expanded...
NHPC board okays Jalpower Corp merger
State-run hydro power giant NHPC said its board has approved a proposal to merge the company’s arm Jalpower Corporation Ltd with itself. NHPC had acquired Jalpower Corporation Ltd (JPCL) and its 120 MW Rangit...
CES Ltd’s demerger scheme – benefits whom out of all stakeholders?
CES Limited is an Information Technology (IT) and Information Technology Enabled Services (ITES) provider, dedicated to serving the midsize market of global enterprises. It has mainly two divisions i.e., IT Division and...
HDFC Property Ventures, HDFC Venture Cap to be merged with HDFC Capital Advisors
India’s largest private sector mortgage lender Housing Development Finance Corporation’s two wholly owned subsidiaries HDFC Property Ventures and HDFC Venture Capital have approved the plan to merge with another group...
JSW Ispat – JSW Steel four years of engagement period before marriage: WIN–WIN for all stakeholders
The acquisition by the consortium of JSW Steel Limited & AION Investments Private II Limited of JSW Ispat Special Products Limited (formerly known as Monnet Ispat & Energy Limited) marked foray as one of the...
Ador Group Merging its Listed Entities in similar business for better governance and growth
Ador Group forayed into welding & cutting products by starting Ador Welding Limited in 1951. Later, in 1974 the group started Ador Fontech Limited to manufacture products relating to the life enhancement of...
Bharti Airtel Limited (BAL) – Scheme of Merger of Subsidiaries (WoS?) into BAL
Last year, Bharti Airtel Limited announced an internal restructuring to facilitate the entry of a strategic investor/s into its Telecom Business. This internal restructuring was a combination of the merger of two...
DALMIA CEMENT BHARAT merging the revived cement business of Murli Industries and Dalmia DSP
Dalmia Cement (Bharat) Limited (DCBL), one of the prominent players in the cement manufacturing industry and wholly owned subsidiary (WoS) of Dalmia Bharat Limited has obtained the approval of the National Company Law...
Oriental Carbon to separate its Chemical and Investments Businesses
Oriental Carbon & Chemicals Limited (“Oriental Carbon/Demerged Company”), belonging to JP Goenka Group of Companies, Listed Company on BSE and NSE has announced scheme of arrangement for Demerging its “Chemical...
Reverse Merger: Listed Holding Company merging into WoS
Max Ventures and Industries Limited (MVIL), a listed company has announced Scheme of Amalgamation into its Wholly Owned Subsidiary (WoS) – Max Estates Limited (MEL) i.e. “Reverse Merger.” Post Approval of scheme by the...
Inox Merger with PVR: Largest Film Exhibition Company
Pandemic coupled with the Steller rise in Over the Top (“OTT”) had questioned survival of multiplexes and movie theatres. Amid of struggle, the two largest multiplex chains in India announced a merger which is likely to...