Company Disclosures › Sub-category
Restructuring / Divestment
51 articles
Restructuring activities are reshaping the Indian corporate landscape, as companies strategically rationalize operations and redeploy capital. Several entities are divesting assets and subsidiaries to reduce debt, improve efficiency, or focus on core businesses. AXISCADES is liquidating a German subsidiary due to automotive industry downturn, while Essar Shipping is selling overseas subsidiaries and assets. Sunteck Realty is demerging a residential real estate project, and Ganesh Consumer Products has sold its Hyderabad unit, demonstrating a broader trend of asset sales and corporate reorganizations aimed at optimizing balance sheets and pursuing growth opportunities.
AXISCADES German Subsidiary Enters Voluntary Liquidation
AXISCADES Technologies discloses voluntary solvent liquidation of its German step-down subsidiary, add solution GmbH.
The subsidiary contributed 1.35% to group turnover but reported negative net worth
Essar Shipping AGM Approves Director Changes, Asset Sales
Essar Shipping's 16th AGM approved the re-appointment of Rajesh Desai and appointment of Subramanian Raman as an Independent Director.
Members approved the disinvestment of two overseas subsidiaries,
Ashapura Intimates AGM Approves All 9 Resolutions
Ashapura Intimates Fashion Limited submitted scrutinizer report for AGM held on September 30, 2026, with all resolutions passed by overwhelming majority.
Key resolutions included adoption of financial
Force Motors EGM for 27,600 'A' Share Deregistration
Force Motors convenes an EGM on 26th October 2026 to seek shareholder approval for removing transfer restrictions on 27,600 'A' equity shares held in physical form.
The resolution proposes making thes
Tata Steel NCLT Approves Rujuvalika Investments Amalgamation
NCLT Mumbai Bench sanctioned the Scheme of Amalgamation between Tata Steel and its wholly-owned subsidiary Rujuvalika Investments, effective from Appointed Date 1 April 2023.
The scheme aims to simpli
Sunteck Realty Demerges Satguru Subsidiary Business
Sunteck Realty Board approves Scheme of Arrangement to demerge Satguru Corporate Services' residential real estate project into itself.
The demerged business had ₹869 Cr turnover representing 77% of S
AXISCADES Completes Engineering Services Business Transfer
AXISCADES Technologies completed the transfer of its Heavy Engineering, Automotive, and Energy services business to Akkodis entities on October 1, 2026.
The transaction was executed pursuant to amende
Sunteck Realty Board Approves Satguru Demerger Scheme
Sunteck Realty's Board approved a demerger scheme with its wholly-owned subsidiary Satguru Corporate Services under Sections 230-232 of the Companies Act, 2013.
The Board appointed Ernst & Young LLP a
Ganesh Consumer Sells Hyderabad Unit for ₹32.5 Crore
Ganesh Consumer Products sold movable and immovable assets of its Hyderabad unit for ₹32.50 crore to Megacity Flour Mills.
The sale price represents 2.7 times the unit's net block value of ₹11.98 cror
Ganesh Consumer Sells Hyderabad Unit for ₹32.5 Crore
Ganesh Consumer Products concluded the sale of its Hyderabad unit's movable and immovable assets to Megacity Flour Mills for ₹32.5 crore.
The transaction was completed on October 1, 2026, with all con
Updater Services Closes Denave Europe and Korea Subsidiaries
Updater Services Ltd announces voluntary closure of two step-down subsidiaries, Denave Europe Ltd and Denave Korea Ltd.
The closures are a strategic move to let the group focus on more promising oppor
Eurotex Industries Postal Ballot for Undertaking Disposal
Eurotex Industries seeks shareholder approval via postal ballot to sell, lease, or dispose of undertakings up to ₹39 crore.
The e-voting period runs from October 5 to November 3, 2026, with CDSL facil
TTK Prestige Completes Ultrafresh Subsidiary Divestment
TTK Prestige completed the sale of its 51% stake in subsidiary Ultrafresh Modular Solutions Limited.
The company received 10,20,038 equity shares in EFC (I) Limited as consideration for the transactio
Digicontent Assigns Fabplay IP for ₹1 Crore
Digicontent Limited's Board approved the assignment of its Fabplay in-store music business domain and intellectual property.
The agreement is with Audesy Mediatech Private Limited for a consideration
Coffee Day Enterprises Settles Kemfin Debt for ₹25 Crore
Coffee Day Enterprises Limited settled its loan with Kemfin Services Private Limited for ₹25 crore in a one-time settlement.
The settlement represents full and final settlement of all outstanding dues
YES BANK Receives ₹258 Crore from NPA Trust
YES BANK discloses receipt of ₹258 crore from a trust in Security Receipts Portfolio related to NPA sale to JC Flower ARC.
The amount exceeds materiality thresholds under SEBI Listing Regulations, req
Flexituff Ventures 33rd AGM Voting Results
Flexituff Ventures held its 33rd Annual General Meeting on September 30, 2026, via video conferencing with e-voting facilities.
Seven resolutions were voted on including director appointments, statuto
Rane Madras Sells Velachery Land for ₹361 Crores
• Rane Madras completed sale of 3.48-acre surplus land in Velachery, Chennai to Canopy Living LLP.
• Company received ₹200 crores upfront with ₹161.18 crores balance consideration pending per agreemen
Varroc Italy Discontinues Manufacturing Operations January 2027
Varroc Engineering's Italian subsidiary will discontinue manufacturing and testing activities due to unsustainable losses from high costs.
The closure affects a unit contributing 1.41% of consolidated
Essar Shipping 16th AGM Proceedings on September 30, 2026
Essar Shipping held its 16th Annual General Meeting virtually on September 30, 2026, to approve financial statements and special business resolutions.
Key resolutions included the re-appointment of di
Goyal Aluminiums 10th AGM Voting Results
Goyal Aluminiums held its 10th AGM on September 30, 2026 via video conference to transact seven resolutions.
Resolutions included adoption of FY26 financial statements, director re-appointments, and d
Puravankara Completes 100% Purva Ruby Subsidiary Sale
Puravankara Limited completed the sale of its 100% stake in subsidiary Purva Ruby Properties to Prishal Office Parks III for ₹145 crore.
The transaction, executed via a Share Purchase Agreement, remov
Visagar Polytex 43rd AGM Approves Composite Scheme
Visagar Polytex held its 43rd AGM on September 30, 2026, approving five resolutions including audited financial statements for FY26.
Shareholders approved a special resolution for a composite scheme o
Venus Remedies CIN Changed to L21002CH1989PLC009705
Venus Remedies Limited changed its Corporate Identification Number (CIN) from L24232CH1989PLC009705 to L21002CH1989PLC009705.
The change follows shareholder approval via special resolution on August 2
NLC India 70th AGM Approves Final Dividend, Reports Record FY26
NLC India held its 70th AGM on 29 September 2026 to approve financial statements, declare a final dividend of ₹0.25 per share, and appoint directors.
The company reported record FY26 consolidated reve
Andhra Sugars FY26 Net Profit Surges 166% to ₹83.67 Crores
Andhra Sugars reported strong FY26 results with net profit surging 166% to ₹83.67 crores and revenue growing 23% to ₹1,437.32 crores, driven by improved chemical division performance.
The board recomm
India Homes Limited Reports ₹18.66 Crore FY26 Profit
India Homes Limited reported a net profit of ₹18.66 crore for FY2026, a significant turnaround from a ₹13.39 crore loss in the prior year driven by real estate activities.
The company issued a corrige
Ramky Infrastructure FY26 PAT Jumps 44% to ₹282.8 Crore
Ramky Infrastructure reported 44% YoY growth in consolidated net profit to ₹282.8 crore for FY26, with revenue at ₹1,846.5 crore and strong order book of ₹13,000 crore.
The company completed exit from
Shah Alloys Q1 Loss Amid Plant Closure Strategy
Board approved unaudited Q1 FY2027 standalone results showing ₹2.07 crore net loss with zero operational revenue.
Noted auditor's material uncertainty on going concern due to steel plant closure since
Orient Ceratech Q1 FY27 Standalone Net Profit at ₹5.91 Cr
Orient Ceratech submitted revised unaudited standalone and consolidated financial results for Q1 FY27 after initial filing omitted digital signature.
Standalone Q1 revenue grew 8.3% YoY to ₹106.10 Cr
Nova Iron & Steel Q1 Net Profit Rs 85.87 Lakh
Nova Iron & Steel reported Q1 FY27 unaudited net profit of ₹85.87 lakh versus a loss of ₹534.79 lakh in Q4 FY26.
The company transitioned from manufacturing to steel trading after losing its manufactu
Intec Capital FY26 Results Show Turnaround with ₹7.45 Crore Profit
Intec Capital reported a significant turnaround with standalone net profit of ₹7.45 crore in FY26, up from ₹0.29 crore in FY25, driven by interest income and recoveries.
The company completed a one-ti
BWL Limited FY26 Net Loss ₹42 Lakh, Operations Suspended
• BWL Limited reported a net loss of ₹42.07 lakh for FY26, with operations suspended since 2008 and no revenue generated.
• The company is exploring new business lines by relocating its Bhilai unit af
Yatra Online Reports Record FY26 Growth with Audit Control Issues
Yatra achieved 27.2% revenue growth to ₹10,065 Mn and 53.2% EBITDA growth to ₹855 Mn with strong corporate client additions and retention.
Auditors issued an adverse opinion on internal financial cont
Ebix Limited FY26 Reports ₹4.53B Consolidated Net Loss
Ebix Limited reported a consolidated net loss of ₹4,527.51 million for FY 2025-26 despite 64.66% revenue growth to ₹24,378.60 million, with auditors issuing qualified opinions.
The company completed i
Navkar Urbanstructure 34th Annual Report FY25-26
Navkar Urbanstructure Limited submitted its 34th Annual Report for FY 2025-26 to BSE and NSE in compliance with SEBI LODR Regulations.
The Board recommended a final dividend of ₹0.005 per equity share
Nutraplus India Limited FY26 Net Loss ₹34.01 Lakh
Nutraplus India reported a net loss of ₹34.01 lakh for FY 2025-26, with negative net worth of ₹569.02 lakh and complete erosion of equity.
The company's operations are severely impaired as all assets
Essar Shipping FY26 ₹112 Crore Loss, AGM Disinvestment Approvals
Essar Shipping reported consolidated net loss of ₹112.06 crore for FY26 versus ₹660.08 crore profit in FY25, with material uncertainty regarding going concern status due to accumulated losses.
The com
Deep Health AI India Reports FY26 Revenue Growth to ₹4.25 Crore
Deep Health AI India reported FY26 revenue growth to ₹4.25 crore from ₹1.25 crore YoY with PAT of ₹1.29 crore and declared ₹1.44 crore dividend.
Company raised ₹39.97 crore via rights issue and signif
Impera Worldwide 38th AGM Notice and FY26 Results
Impera Worldwide Limited (formerly Rishab Special Yarns) will hold its 38th AGM on September 29, 2026, to approve FY26 results and key resolutions.
The company reported a reduced net loss of ₹9.28 lak
Advent Hotels Posts ₹3,876 Crore Revenue Post-Demerger
Advent Hotels reported consolidated FY26 revenue of ₹3,875.99 crore with net profit of ₹653.99 crore following its demerger from Valor Estate sanctioned by NCLT.
The company announced its 20th AGM on
Arka Defence & Locomotives 2025-26 Annual Report Submission
Arka Defence & Locomotives submitted its 42nd Annual Report for FY 2025-26 to BSE pursuant to SEBI Regulation 34(1).
Revenue increased to ₹54.27 lakhs with net profit of ₹12.18 lakhs, significantly im
Easy Trip Planners FY26 ₹509.57M Loss on Impairment
EaseMyTrip reported consolidated FY26 net loss of ₹475.97 million driven by ₹509.57 million exceptional impairment provision for airline receivables under UDAAN scheme.
Revenue declined 29.3% to ₹5,35
CL Educate FY26 Revenue Up 53% to ₹548 Cr, Loss Widens
CL Educate reported 53% revenue growth to ₹548 crore in FY26, driven by full-year consolidation of DEXIT Global acquisition and 11% growth in MarTech business.
Net loss widened to ₹26 crore due to acq
Mahalaxmi Fabric Mills FY26 Net Loss After Factory Fire
Mahalaxmi Fabric Mills reported a standalone net loss of ₹10.17 crore and consolidated loss of ₹2.39 lakh for FY26, a significant decline from previous year profits due to a major factory fire.
The co
Bharat Road Network FY26 Results Show Mixed Performance
Bharat Road Network reported standalone net profit of ₹343.59 lakh for FY26, reversing from a ₹30,815.06 lakh loss in FY25, while consolidated operations showed a ₹5,912.92 lakh loss.
The company face
FACT Reports ₹396 Crore FY26 Loss Amid Expansion Plans
FACT reported a net loss of ₹396 crore in FY26 despite revenue growth to ₹5,723 crore, driven by high input costs and supply chain disruptions.
The company achieved record fertilizer production of 11.
MTNL Reports ₹3,102 Crore FY26 Loss, Negative Net Worth
MTNL reported a standalone net loss of ₹3,102 crore for FY26 with fully eroded net worth of ₹29,975 crore, raising significant going concern concerns.
Auditors issued adverse opinion citing 20 materia
Tirupati Fincorp FY26 Net Loss ₹576 Lakh
Tirupati Fincorp reported a standalone net loss of ₹575.96 lakh for FY 2025-26, a significant increase from ₹82.37 lakh loss in the prior year.
The Reserve Bank of India (RBI) rejected the company's N
Waaree Energies Promoter Trust Acquires 18.34% via Gift
C.T. Doshi Family Trust acquired 18.34% indirect stake in Waaree Energies via WSFPL share gift transfer on August 06, 2026 for succession planning.
SEBI granted exemption from open offer obligations v
Nova Iron Promoter Group Inter-Se Share Transfers
Olympian Finvest and Aromatic Steel acquired 45.73M shares from fellow promoter group entities under SEBI SAST Regulation 10(1)(a)(iv) exemption.
The transactions executed between June-July 2026 at ₹1