Endurance Technologies announced that Endurance Overseas Srl, Italy, subsidiary of the Company, has acquired 100% stake in Ingenia Automation Srl (Ingenia), Italy, with an effective date of 31 May, 2024. Ingenia, based...
Board of Quint Digital approves acquisition of 30% stake in Quintype Technologies India
The Board of Quint Digital at its meeting held on 30 May 2024 has approved acquiring the entire 30% equity stake, held by 360 One Seed Ventures Fund- Series 2 (formerly IIFL Seed Ventures Fund – Series 2) in...
Board of Hindalco Industries approves acquisition of fabrication facility of Home Build Tech India
The Board of Hindalco Industries has approved an acquisition of fabrication facility of Home Build Tech India (HBT), by way of entering into a binding MoU. The acquisition shall be effectuated through a Special Purpose...
Adani Energy Solutions completes acquisition of Essar Transco
Adani Energy Solutions announced the conclusion of acquisition of 100% stake in Essar Transco (ETL) through its wholly owned subsidiary – Adani Transmission Step Two (ATST) on 15 May 2024. Consequently, ETL has...
Swan Energy update on acquisition of Reliance Naval & Engineering
Swan Energy announced that in accordance with the order of the Hon’ble NCLT, Ahmedabad Bench dated 23 December 2022, issuance of 1 equity share for every 275 equity shares held by the existing shareholders of RNEL...
Board of Mercury EV-Tech approves acquisition of majority stake in Traclaxx Tractors
The Board of Directors of Mercury EV-Tech at its held on 08 May 2024 approved the acquisition of 65% stake in Traclaxx Tractors, equivalent to 5,23,900 equity shares of Rs. 10 each at a price of Rs. 10 each, total...
Board of Datamatics Global Services approves acquisition of balance stake in JVC
The Board of Datamatics Global Services at its meeting held on 08 May 2024 has approved to acquire balance 23% stake in Datamatics Cloud Solution from CloudGrowth. On completion of the acquisition, the JVC will become...
Board of Sandur Manganese & Iron Ores approves acquisition of 80% stake in Arjas Steel
The Board of Sandur Manganese & Iron Ores at its meeting held on 25 April 2024 has approved strategic business acquisition through purchase of 80% equity share capital of Arjas Steel (ASPL), by entering into a Share...
UST Strengthens Presence in the Australian Market with Strategic Acquisition of Leading Consulting Firm Strativity Group
UST, a leading digital transformation solutions company, today announced that it has acquired Strativity Group, a boutique strategy consultancy specialising in customer-centric transformations. Strativity is renowned...
HIL completes acquisition of Crestia Polytech
HIL has completed the acquisition of Crestia Polytech for a cash consideration of Rs 158.44 crore. The company also completed the acquisition of its group entities being Topline Industries, Aditya Polytechnic and Prabhu...
CCI clears International Finance Corp’s acquisition of debentures in Napino
Fair trade regulator CCI on Tuesday said it has approved the proposed subscription to compulsory convertible debentures of Napino Auto and Electronics Ltd by International Finance Corporation. International Finance...
Board of Infosys approves acquisition of in-tech Holding GmbH
The Board of Infosys at its meeting held on 17-18 April 2024 has approved the acquisition of in-tech Holding GmbH engaged in Engineering R&D services. This strategic investment further strengthens Infosys’...
