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Subsidiary / Associate Update
240 articles
NexStyle Apparel Ceases PDS Wholly Owned Subsidiary
NexStyle Apparel Manufacturing Limited has ceased to be a wholly owned subsidiary of PDS Limited effective March 31, 2026.
The change in subsidiary status was triggered by allotment of Employee Stock
Accel Limited Incorporates Techparks WOS
Accel Limited's Board approved incorporation of wholly owned subsidiary INFINIUUM TECHPARKS PRIVATE LIMITED on March 31, 2026.
The proposed WOS will develop technology parks, IT/ITES campuses, data ce
MAS Financial Acquires MRHMFL Shares via Rights Issue
MAS Financial Services acquired 12,67,170 equity shares (1.20% stake) of subsidiary MRHMFL via rights issue on March 31, 2026.
Total investment of Rs. 24,99,99,969 (~Rs. 25 crore) made at Rs. 197.29 p
Almondz Global Sells 20.63% Stake in AGICL
Almondz Global Securities sold 32,85,000 shares (20.63%) of subsidiary AGICL to group company Almondz Finanz Limited on March 30, 2026.
Consideration received for the stake sale was ₹18,57,01,050; AGI
Cargotrans Maritime Forms WOS CML Investments
Cargotrans Maritime Limited's Board approved incorporation of a Wholly Owned Subsidiary named CML Investments Private Limited on 31st March 2026.
The proposed WOS will have paid-up capital of INR 1,00
DOMS Industries Acquires Additional 6.5% in Pioneer
DOMS Industries completed acquisition of remaining 6.5% stake in Pioneer Stationery Private Limited on March 31, 2026.
The 3,900 equity shares were purchased for a total consideration of ₹5,53,80,000
Almondz Global Sells 20.63% AGICL Stake for ₹18.57 Cr
Almondz Global Securities sold 32,85,000 shares (20.63%) of subsidiary AGICL to sister concern Almondz Finanz Limited on March 30, 2026.
Consideration received was ₹18,57,01,050; post-sale shareholdin
AGEasy Launches India's First Smart Diaper Pants
Antara Assisted Care Services (AACSL), wholly owned subsidiary of Max India Ltd, launched AGEasy Adult Diaper Pants with proprietary Smart Liquid Distribution™ technology.
The product is India's first
Tata Chemicals Simplifies UK Holding Structure
Tata Chemicals rationalised its UK operations holding structure by transferring all assets from GHUL to HFUK effective March 30, 2026.
Gusiute Holdings (UK) Limited ceased to be a material subsidiary;
Nazara Acquires 100% Stake in Next Wave Multimedia
Nazara Technologies acquired 12.56% equity of Next Wave Multimedia Private Limited for ₹7.50 crore on March 30, 2026.
Post-acquisition, Nazara's stake in Nextwave increased from 87.44% to 100%, making
Jost's Engineering Divests JV Stake for ₹1.03L
Jost's Engineering transferred its entire 50% equity stake in JV Suryavayu Renewable and Energy Solutions Private Limited to Kay Cee Energy & Infra Limited.
The consideration received for the stake tr
Thrive Future Habitats Divests Subsidiary Aura Flow
Thrive Future Habitats Limited completed sale of its entire 58% stake in Aura Flow Private Limited on March 30, 2026.
1,73,998 equity shares were transferred to Ms. Mei Ling Foon Ming Lee for a total
HG Infra Sells 49% SPV Stake for ₹233.77 Cr
H.G. Infra Engineering transferred 49% stake in subsidiary H.G. Khammam Devarapalle PKG-1 Pvt Ltd to Neo Infra Income Opportunities Fund on March 30, 2026.
Total transaction consideration is ₹233.77 c
Speciality Restaurants SHIPL Rights Issue Dilutes Stake
Speciality Hotels India Pvt Ltd (SHIPL), subsidiary of Speciality Restaurants, allotted 61,728 equity shares via rights issue on March 30, 2026.
Total consideration raised was ₹5.18 crore at ₹838.57 p
Signature Global Sells 50% GCL Stake for ₹1,293 Crore
Signature Global dilutes 50% stake in subsidiary Gurugram Commercity Limited to RMZ group for ₹1,293 crore via Millennia Realtors Private Limited.
The 50:50 JV will jointly develop a mixed-use commerc
SignatureGlobal GCL Becomes 50:50 JV with RMZ
SignatureGlobal completed transfer of 35,69,731 equity shares in GCL to RMZ for ~₹56.70 crores on 30th March 2026.
GCL allotted 7,78,60,538 equity shares to RMZ for ~₹1,236.77 crores, resulting in equ
Nibe Limited Divests NAL to Promoter
Nibe Limited's subsidiary NDAL signed an SPA on March 30, 2026 to sell Nibe Aeronautics Limited (NAL) to promoter Mr. Nibe Ganesh Ramesh.
Consideration for the sale is not less than ₹1.52 crore; trans
Refex Industries Raises VRPL Stake to 77.39%
Refex Industries converted Class B OCDs worth ₹43 crore into 24,866 equity shares of subsidiary Venwind Refex Power Limited.
Shareholding in VRPL increased by 4.11%, moving from 73.28% to 77.39%, with
Tata Steel Acquires 100% Stake in Medica TS Hospital
Tata Steel completed acquisition of 49% equity and 31.85% OCRPS stake in Medica TS Hospital Private Limited on March 30, 2026.
The acquisition from Manipal Hospitals Eastern India Private Limited was
Raghuvir Synthetics Divests Dreamsoft Bedsheets Subsidiary
Raghuvir Synthetics Ltd completed sale of its entire 51% stake in Dreamsoft Bedsheets Private Limited on March 30, 2026.
The 51,000 equity shares were sold at Re. 1/- per share for a total considerati
Bank of Baroda Infuses ₹500 Cr in Subsidiary
Bank of Baroda infused ₹500 crore capital into its wholly owned subsidiary BOB Securities & Giltedge Limited.
The disclosure is made under Regulation 30 of SEBI (LODR) Regulations, 2015, filed on 30 M
Manappuram Board Approves NCD, Subsidiary Investments
Manappuram Finance's board approved NCD issuance up to Rs. 7,400 Crore for FY 2026-27 via private placement and/or public issue.
Board approved additional equity investment up to Rs. 790.59 Crore in s
Sterling Wilson Issues USD 31M Parent Guarantee
Sterling and Wilson Renewable Energy issued a Parent Company Guarantee of USD 31 million (approx. INR 293.04 Crore) to ABSA Bank Limited.
The guarantee secures a non-fund based working capital facilit
Torrent Pharma Sells UNM Foundation Shares
Torrent Pharmaceuticals sold 50,000 equity shares of UNM Foundation (Section 8 Company) to its holding company Torrent Investments Limited on March 30, 2026.
Total consideration received was ₹5,00,000
Adani Enterprises Acquires SKYIWAVE via AAHL
Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises, acquired 100% equity of SKYIWAVE Private Limited on March 30, 2026.
SKYIWAVE, an OOH advertising and media soluti
India Insure Allots ₹65 Cr NCDs to Kotak
IIRM Holdings' wholly-owned subsidiary India Insure allotted 6,500 secured NCDs aggregating INR 65 crore to Kotak Credit Opportunities Fund on March 30, 2026.
The NCDs carry a blended IRR of 15.50% p.
Prism Johnson Divests Three Wholly Owned Subsidiaries
Prism Johnson Limited divested its entire equity stake in three wholly owned subsidiaries on March 30, 2026.
Total consideration received across three subsidiaries was approximately Rs. 10.90 lakh, re
TII Acquires 2.5 Cr Series C CCPS in TI Clean Mobility
Tube Investments of India Limited received allotment of 2,50,00,000 Series C Compulsorily Convertible Preference Shares from subsidiary TI Clean Mobility Private Limited on 30th March 2026.
This discl
PDS Limited Acquires Remaining 7% Stake in HK Subsidiaries
PDS Limited's step-down subsidiaries are acquiring the remaining 7% equity stake each in GoodEarth Lifestyle Limited and Progress Manufacturing Group Limited, both Hong Kong-incorporated apparel entit
SBI EGM: All 11 MRPT Resolutions Passed
• SBI held an EGM on March 27, 2026 via VC/OAVM to approve 11 Material Related Party Transaction resolutions, all of which passed.
• All resolutions received 99.99%+ votes in favour; promoter/promoter
MIC Electronics Acquires 89.65% Neo Semi Singapore
MIC Electronics board approves ₹357.60 Cr acquisition of 89.65% stake in Singapore-based deep-tech firm Neo Semi SG Pte. Ltd.
Preferential issue of up to 5,68,73,418 equity shares at ₹41.38 each (₹235
Bilcare Redeems Shares, Liquidates UK Subsidiary
Bilcare Limited redeemed 31,50,000 preference shares of Caprihans India Limited on March 23, 2026, aggregating ₹3.15 crore.
Bilcare converted 12,90,000 warrants into equity shares of Caprihans India L
Quest Flow Controls Divests H2O Dynamics Subsidiary
Quest Flow Controls' board approved disinvestment of entire stake in subsidiary H2O Dynamics India Limited on March 30, 2026.
The subsidiary was sold to Stellarin Research and Development Pvt Ltd for
HG Infra Dissolves 8 Solar Subsidiaries Voluntarily
H.G. Infra Engineering Limited is voluntarily striking off 8 step-down wholly owned solar project subsidiaries incorporated in mid-2024.
All 8 entities — solar project SPVs in Rajasthan — never commen
Cybele Industries Board Meeting Scheduled April 6
Cybele Industries Ltd. has intimated BSE of a Board Meeting scheduled for Monday, April 6, 2026 at 5:00 PM IST.
Agenda includes approval of Material Related Party Transactions with two subsidiaries: C
Ventive Hospitality Acquires Stakes in Two Entities
Ventive Hospitality's Investment Committee approved acquisition of 50.02% in Narmada Estates Private Limited for ₹88.68 Crores via subsidiary Panchshil Corporate Park Private Limited.
The company also
Kamdhenu Ltd Receives 1.46 Cr KVL Equity Shares
Kamdhenu Ltd discloses allotment of 1,46,45,000 equity shares of KVL upon conversion of warrants on 30th March 2026.
Payment of ₹7,46,89,500 (75% of conversion amount) was made towards 1,46,45,000 war
ABCL Invests ₹53 Cr in Digital Subsidiary ABCDL
Aditya Birla Capital Limited invested ₹53 crore on rights basis in wholly owned subsidiary Aditya Birla Capital Digital Limited on 30 March 2026.
Post-investment, ABCL's 100% shareholding in ABCDL rem
Manbro Industries Acquires 50.04% in Green AAC Block
• Manbro Industries Limited acquired 50.04% of Green AAC Block and Mortar Private Limited for ₹3.75 crore in cash.
• The acquisition was completed via subscription and allotment of equity shares, maki
Lloyds Metals RPT with Subsidiary TEIL ₹15,820 Cr
• Lloyds Metals and Energy Limited seeks shareholder approval via postal ballot for a material RPT with subsidiary TEIL worth up to Rs. 15,820 crore for FY 2026-27.
• The proposed RPT equals 235.37% o
Torrent Power Sells 3 WOS Equity Stakes
Torrent Power sold equity shares of 3 wholly-owned subsidiaries to Torrent Energy Storage Solutions Pvt Ltd on March 30, 2026.
Total consideration for the sale of all 3 subsidiaries was ₹3,00,000, wit
Purple Wave Infocom Incorporates Nano Theatre Subsidiary
Purple Wave Infocom Limited's wholly owned subsidiary incorporated Nano Theatre Private Limited in Delhi on 30th March 2026.
Nano Theatre Private Limited will operate in the AV (Audio-Visual) Industry
Indo Amines Subsidiary Diluted to Associate Company
Indo Amines did not participate in Indo Speciality Chemicals' rights issue, diluting its stake from 51.39% to 39.39%.
Indo Speciality Chemicals Private Limited ceases to be a subsidiary and is reclass
Alkem Labs Incorporates WOS in Dubai UAE
Alkem Laboratories incorporated a 100% wholly owned subsidiary, Alkem Pharmaceuticals Scientific Office FZ LLC, in Dubai Healthcare City, UAE on 4th February 2026.
The WOS has an authorized and subscr
Bodhi Tree Acquires 50.01% Stake in MISPL
Bodhi Tree Multimedia Limited completed acquisition of 50.01% equity stake in Moving Image Studios Private Limited for Rs. 7 crore.
The acquisition comprised 10,004 equity shares at Rs. 10 face value
PFC Transfers South Kalamb SPV to Adani Energy
Power Finance Corporation's subsidiary South Kalamb Power Transmission Limited has been transferred to Adani Energy Solutions Limited on 30 March 2026.
The sale consideration stands at ₹12.53 crore as
SKP Securities Postal Ballot RPT Resolution Passed
SKP Securities Limited passed an ordinary resolution approving Material Related Party Transactions with SKP Commodities Limited under Regulation 23 of SEBI LODR.
E-voting ran from February 28 to March
Coal India Subsidiary CMPDI Lists via IPO
Coal India Limited disclosed the IPO listing of subsidiary Central Mine Planning & Design Institute Limited (CMPDI) on BSE and NSE effective March 30, 2026.
Coal India offloaded 107,100,000 equity sha
HCG Approves INR 254 Crore Subsidiary Investments
HCG's board approved investment of up to INR 98 Crore in wholly owned subsidiary HCG NCHRI LLP for debt repayment.
HCG also approved up to INR 155.66 Crore to acquire an additional 34% stake in Vizag
Ajmera Realty Extends ₹70 Cr Corporate Guarantee
Ajmera Realty's Finance and Investment Committee approved a ₹70.01 crore corporate guarantee on March 30, 2026.
The guarantee covers a credit facility availed by subsidiary Anirdesh Developers Private
Haleos Labs Postal Ballot: ₹20 Cr Guarantee Approval
Haleos Labs seeks shareholder approval via postal ballot for a ₹20 Crore corporate guarantee to RBL Bank for subsidiary Mahi Drugs' ECB facility.
The transaction qualifies as a Material RPT under SEBI
Exxaro Tiles Incorporates Dubai WOS Aresta Trading
Exxaro Tiles Limited incorporated a wholly owned subsidiary 'Aresta General Trading FZE' in Dubai's Jabel Air Free Zone on 23rd March 2026.
The WOS has a share capital of AED 1,00,000 (1,000 shares of
Hubtown Incorporates Wholly-Owned Subsidiary 25 Chalets
Hubtown Limited incorporated a wholly-owned subsidiary, 25 Chalets Private Limited, on March 30, 2026.
The new subsidiary is in the real estate sector, focused on development of real estate projects.
Biocon Subsidiary Renamed to Biocon Biologics Ireland
Biocon Limited intimates BSE and NSE of a name change in its step-down subsidiary effective March 27, 2026.
Biosimilar Collaborations Ireland Limited, a subsidiary of Biocon Biologics Limited, is rena
TII Invests ₹250 Cr in TI Clean Mobility
Tube Investments of India (TII) signed a Subscription Agreement to invest ₹250 Cr in subsidiary TI Clean Mobility Private Limited via CCPS.
TII will subscribe to 2.5 Cr Compulsorily Convertible Prefer
Hubtown Incorporates Wholly-Owned Subsidiary Hubtowncentral
Hubtown Limited incorporated a wholly-owned subsidiary, Hubtowncentral Private Limited, on March 29, 2026.
The new entity operates in Real Estate, focused on development of real estate projects, with
Radiant CMS RPT Postal Ballot Passed
Radiant Cash Management Services Limited's postal ballot to approve Material RPT with Radiant Protection Force Private Limited (RPF) passed with requisite majority on 27th March 2026.
Total votes poll
MethodHub Software Acquires Leo Technology Ventures for USD 0.71M
MethodHub Software's board approved 100% acquisition of Leo Technology Ventures Inc. (Delaware) for USD 0.71 million (~INR 65.46 million) on March 30, 2026.
Leo Technology Ventures, an IT services fir
Prime Focus Internal Restructuring: Software Assignment, Slump Sale
Prime Focus Limited disclosed internal restructuring involving software assignments and a slump sale across step-down subsidiaries, approved on March 30, 2026.
Proprietary software worth INR 75.2 Cror
Lupin's Nanomi Stake in MPPI Rises to 56.28%
Lupin's subsidiary Nanomi B.V. (Netherlands) saw its stake in Multicare Pharmaceuticals Philippines rise from 51% to 56.28% effective March 30, 2026.
MPPI bought back 2,813,811 equity shares from exis
UHPL Wins Kedarnath Helicopter Shuttle Contract
Exhicon Events Media Solutions' subsidiary UHPL awarded helicopter shuttle contract by Uttarakhand Civil Aviation Development Authority on March 28, 2026.
UHPL emerged as L1 (lowest) bidder for Mandak
Accuracy Shipping Acquires Two Logistics Subsidiaries ₹11.5Cr
Accuracy Shipping's board approved acquisition of 52% in A.R.S. Liners for ₹6.51 crore and 99.80% in A.R.S. Terminals for ₹4.99 crore.
Both transactions are related party deals involving CMD Vinay Tri
Signatureglobal Acquires Residential Project, Divests GCL Stake
Signatureglobal's board approved acquisition of a Residential Project from subsidiary GCL for a lump-sum consideration of Rs. 50 crores via slump sale.
The company approved transfer of 35,69,731 GCL e
ACME Solar BESS Phase III 11.429 MW Commissioned
ACME Solar's subsidiary commissions Phase III of 11.429 MW / 51.354 MWh BESS project in Bikaner, Rajasthan.
Commercial Operation Date (COD) for Phase III is set at March 31, 2026.
Cumulative commissio
NHPC Subsidiary Tax Demand; RHPCL Stake Rises
NHDC Limited, subsidiary of NHPC, received income tax demand of Rs. 231.78 crore (including interest of Rs. 45.31 crore) for AY 2024-25.
NHDC disputes the demand citing Rs. 184.37 crore eligible MAT C
TVS Holdings Invests ₹526.79 Cr in HCIFPL
TVS Holdings allotted 22.91 crore additional equity shares of subsidiary Home Credit India Finance Private Limited on 28th March 2026.
Total cash consideration paid is ₹526.79 crore at ₹22.99 per shar
HFCL Issues ₹30 Cr Guarantee for HTL
HFCL Limited issued a ₹30 crore corporate guarantee in favour of Axis Finance Limited to secure a rupee term loan for subsidiary HTL Limited.
HTL Limited, 74% owned by HFCL and 26% by Government of In
Arshiya Ltd 43rd & 44th AGM E-Voting Results
Arshiya Limited (under CIRP) held its 43rd AGM (FY 2023-24) and 44th AGM (FY 2024-25) on March 27, 2026 via VC/OAVM, passing all resolutions.
CIRP was initiated by Punjab National Bank for an alleged
India Cements Amalgamation Scheme Effective 28 March 2026
India Cements received NCLT Chennai order sanctioning amalgamation of four wholly owned subsidiaries with itself.
The Scheme is effective 28 March 2026, with an appointed date of 1 January 2025 for as
IIRM Holdings Provides Rs.65 Cr Corporate Guarantee
IIRM Holdings India Limited's Board approved a Rs. 65 crore corporate guarantee for wholly-owned subsidiary India Insure's NCD issuance on March 28, 2026.
The guarantee covers principal and interest,
PG Electroplast PLI Scheme 3rd Tranche ₹37.5 Cr
PG Technoplast Pvt Ltd, wholly owned subsidiary of PG Electroplast, received PLI scheme incentive sanction of ₹37.5 crore.
The sanction letter dated March 27, 2026 was issued by IFCI Limited for FY 20
Nimbus Projects Partnership Stake Transfer to Promoter
Nimbus Projects discloses partner change in three real estate partnership firms under SEBI Regulation 30.
NPPL (group company) sells its partnership stakes in all three firms to MD & promoter Mr. Bipi
CLN Energy Incorporates Dubai WOS C L N General Trading
CLN Energy Limited incorporated a wholly owned subsidiary, C L N General Trading L.L.C., in Emirate of Dubai, UAE on March 26, 2026.
The WOS was set up with a capital investment of INR 25,68,000 (AED
Skyline Ventures India Postal Ballot Nine Resolutions
Skyline Ventures India Limited (BSE: 538919) issued a Postal Ballot Notice under Regulation 30 of SEBI LODR for nine resolutions via remote e-voting.
Key resolutions include acquisition of 100% equity
Rama Steel Tubes: Bigwin Buildsys Ceases Associate
Rama Steel Tubes' stake in Bigwin Buildsys Coated Pvt Ltd fell from 24.80% to 9.32% via preferential issue.
Bigwin Buildsys Coated Pvt Ltd ceases to be an associate company of Rama Steel Tubes effecti
Odyssey Corporation Acquires Full Stake in Infrabuild Subsidiary
Odyssey Corporation Limited acquired the remaining 20% equity stake in Odyssey Infrabuild Private Limited for ₹1 crore cash consideration.
Post-acquisition, Odyssey Infrabuild Private Limited has beco
Shipwaves Online Postal Ballot Results, 3 of 4 Passed
Shipwaves Online Limited (Scrip: 544646) filed postal ballot minutes for 4 shareholder resolutions voted via remote e-voting from February 4 to March 4, 2026.
Resolution 1 under Section 185 (loans/gua
Aegis Vopak Sells 10% ATPL Stake to Itochu
Aegis Vopak Terminals Limited executed SPA 1, a Shareholders' Agreement, and SPA 2 with Itochu Corporation on March 27, 2026 for sale of 10% equity stake in subsidiary ATPL.
The 10% stake (5,000 equit
Paytm's FGTPL Gets ₹142 Cr Loan Waiver
AGTech Media Holdings waives ~₹142 Crore loan including accrued interest owed by Paytm's step-down subsidiary FGTPL.
FGTPL had discontinued its real money gaming business post regulatory changes; Payt
TBWES Wins Rs. 1600 Cr Boiler Order
Thermax subsidiary TBWES secured a ~Rs. 1,600 Crore (ex-GST) boiler package order from Anuppur Powerprojects Private Limited.
The contract covers design, engineering, manufacturing, supply, installati
NDTV Postal Ballot: Three Resolutions Passed
NDTV's postal ballot passed three resolutions including re-appointment of Whole-time Director Sanjay Pugalia with 99.75% votes in favour.
Shareholder approval granted for material related party transa
Pharmaids Pharma Divests Step-Down Subsidiary for ₹3L
Pharmaids Pharmaceuticals sold its step-down subsidiary Siri Labvivo Diet Pvt Ltd effective March 27, 2026.
The subsidiary was divested by material subsidiary Adita Bio Sys Pvt Ltd for a consideration
Thomas Cook Invests ₹2.5 Cr in JV IHMSL
Thomas Cook (India) Ltd invested ₹2.5 crore by subscribing to 25,00,000 Class A Equity Shares of IHMSL at ₹10 each.
The investment is in Indian Horizon Marketing Services Limited, a JV with Atirath Te
Aequs Acquires 50% Stake in Aequs Foundation
Aequs Limited acquired 1,000 equity shares (50% stake) of Aequs Foundation for a total consideration of INR 10,000.
The shares were purchased from Hubballi Durable Goods Cluster Private Limited via a
IKS Completes First Tranche USD 19M Subsidiary Investment
Inventurus Knowledge Solutions Ltd discloses first tranche investment of USD 19,000,476 in its wholly owned subsidiary IKS Inc.
The Company acquired 29,541 shares of Inventurus Knowledge Solutions, In
Marathon Nextgen WOS Acquires Three Realty Entities ₹70Cr
Marathon Nextgen Realty's WOS, Nexzone IT Infrastructures, acquired controlling 51% interest in three MMR real estate entities for a total cash consideration of ₹70 crore.
The three acquisitions — DVK
Century Enka Acquires ABRELCEL Shares via Rights Issue
Century Enka Limited acquired 37,96,086 additional equity shares of ABREL Century Energy Limited via a rights issue on 27th March 2026.
The acquisition worth ₹3.79 crore is to maintain the mandatory 2
Refex Industries Postal Ballot: RPT, Investment Limit Hike
• Refex Industries seeks shareholder approval via postal ballot for two resolutions: enhancing Section 186 investment/loan/guarantee limits to ₹3,300 Crore and approving material RPTs with subsidiary
Symphony Invests AUD 25M in Australian Subsidiary
Symphony Limited invested AUD 25 million (~₹165 crores) in wholly owned subsidiary CHPL, Australia, funded entirely from surplus treasury.
Funds allocated to fully prepay CHPL's AUD 20M acquisition lo
PNC Infratech Completes 12-Asset Road Portfolio Divestment
PNC Infratech completes sale of equity stake in PNC Challakere (Karnataka) Highways to KKR-sponsored Vertis Infrastructure Trust on March 27, 2026.
Final tranche concludes divestment of all 12 road as
Kranti Industries Divests Stake in Preciso Metall
Kranti Industries Limited divested 8,00,000 equity shares (part of up to 10,00,000 approved) in subsidiary Preciso Metall Private Limited via SPA dated March 27, 2026.
Total sale consideration is ₹80
Bank of Baroda Receives GBP 75M from UK Subsidiary
Bank of Baroda received GBP 75,000,000 from its overseas subsidiary Bank of Baroda (UK) Ltd. on 27 March 2026.
The transaction is a repatriation of funds in the form of Capital Reduction by the UK sub
MedPlus Postal Ballot: RPT with Optival Approved
MedPlus Health Services Limited shareholders approved material related party transactions with Optival Health Solutions Private Limited, its material subsidiary, via postal ballot.
The ordinary resolu
Everest Industries Invests ₹15 Cr in Subsidiary EBPL
Everest Industries Limited disclosed investment in wholly owned subsidiary Everest Buildpro Private Limited via a Rights Issue allotment on March 25, 2026.
EBPL allotted 154,150 partly paid-up equity
PFC Subsidiary Wagdari Transmission Transferred to KCC Buildcon
Power Finance Corporation's indirect subsidiary Wagdari Transmission Limited was transferred to KCC Buildcon Private Limited on 27th March 2026.
The consideration received for the transfer is ₹4,41,10
GFCL EV Raises USD 130M for Battery Materials
GFCL EV, GFL's subsidiary, raised ~USD 80 million from a global marquee investor in addition to USD 50 million from IFC.
Total capital raised reaches USD 130 million to scale advanced battery material
Craftsman Automation Invests in RC Green Powers
Craftsman Automation made a further equity investment of ₹39,500 (3,950 shares) in RC Green Powers Private Limited under Group Captive Scheme.
Post investment, Craftsman Automation's total equity shar
Narayana Hrudayalaya Clarifies SMVD Hospital Transfer
Narayana Hrudayalaya clarifies media reports on SMVD Narayana Hospital relate to a previously disclosed arrangement under Regulation 30.
Subsidiary NVDSHPL executed a Business Transfer Agreement with
Craftsman Automation Extends Piston Asset Sale Deadline
Craftsman Automation's subsidiary Sunbeam extended APA long stop date with SPRL from 31st March to 30th June, 2026.
Total asset sale consideration is Rs. 28 Crores (ex-GST); Rs. 10 Crores received in
Pioneer Investcorp Acquires ₹78L Associate Shares
Pioneer Investcorp Limited subscribed to 7,80,000 equity shares of associate Pioneer Insurance & Reinsurance Brokers Private Limited via a Rights Issue on 27th March 2026.
Total cash consideration pai
KCP Ltd Receives USD 6M Dividend from Vietnam Subsidiary
The KCP Limited received USD 6,000,000 (₹56.66 crore) as dividend from subsidiary KCP Vietnam Industries Ltd. for FY2025.
The dividend was received on March 27, 2026, and disclosed to NSE and BSE unde
Pearl Global Incorporates Singapore Subsidiary
Pearl Global Industries Limited disclosed incorporation of Pearl Global Fashion Singapore Pte Limited on March 27, 2026.
The new entity is a step-down subsidiary, held 100% by Pearl Global (HK) Limite
Arco Leasing EGM Corrigendum: Preferential Issue ₹1,061 Lakh
Arco Leasing Limited issued a corrigendum dated March 27, 2026 to its EGM Notice dated March 13, 2026, modifying two points under Item 6's explanatory statement.
The corrected 'Objects of the Issue' d
Eris Lifesciences Issues ₹75 Cr Corporate Guarantee
Eris Lifesciences executed a ₹75 crore corporate guarantee favouring its wholly owned subsidiary Eris Bionxt Private Limited.
The guarantee secures a term loan sanctioned by HDFC Bank to EBPL for repa
Vishnu Chemicals UAE Subsidiary Winding-Up Delayed
Vishnu Chemicals updates BSE/NSE on delayed closure of its UAE wholly owned subsidiary, Vishnu International Trading FZE.
Winding-up delay attributed to prevailing geopolitical conditions in the Middl
Xpro India Commissions New Dielectric Film Line
Xpro India commissioned its new dielectric film line at Barjora, West Bengal on March 27, 2026.
The UAE project by subsidiary Xpro Dielectric Films FZ-LLC is progressing amid monitored regional condit
Valencia Nutrition Acquires Remaining Stake in Subsidiary
Valencia Nutrition Limited acquired 100 equity shares of ₹10/- each in Valencia Beverages & Superwater Private Limited, making it a wholly owned subsidiary.
The total acquisition cost was ₹1,000/- (at
Pee Cee Cosma Incorporates WOS Pee Cee Energy
Pee Cee Cosma Sope Ltd incorporated a wholly owned subsidiary, Pee Cee Energy and Reality Limited, on March 27, 2026.
The new subsidiary has authorised capital of ₹15 lakh and paid-up capital of ₹5 la
Refex Industries Files NCLT Amalgamation Scheme Application
Refex Industries filed a Company Application before NCLT Chennai Bench on March 26, 2026 for a Composite Scheme of Amalgamation.
The scheme involves amalgamation of Refex Green Mobility Ltd into Refex
MCFL Divests 64.96% Stake in Nanogen Agrochem
Mayank Cattle Food Limited sold 64.96% of its 65% stake in subsidiary Nanogen Agrochem Private Limited on March 27, 2026.
Total consideration received for the stake sale was Rs. 64,960 only; buyer Shi
Biocon Employees Welfare Trust Trustees Changed
Biocon files Amendment #7 to its India Limited Employees Welfare Trust Deed dated March 27, 2026.
Trustees Mr. Krishnachar Nandakumar and Ms. Maninder Kapoor Puri resign effective March 31, 2026.
Mr.
PCBL (TN) Commissions 30,000 MT Carbon Black Capacity
PCBL Chemical's WOS PCBL (TN) Limited commissioned 30,000 MTPA brownfield carbon black capacity in Tamil Nadu on 27 March 2026.
Post-addition total carbon black capacity rises to 2,37,000 MTPA from ex
Marine Electricals Converts Partnership Firm to Pvt Ltd
Marine Electricals (India) Limited disclosed a proposal to convert its 99%-owned partnership firm, Narhari Engineering Works, into a Private Limited Company.
The proposed names for the new entity incl
Lakshya AMC Gets SEBI Final Mutual Fund License
Wealth First Portfolio Managers' subsidiary Lakshya AMC received SEBI's final license to launch and manage mutual funds in India.
Lakshya AMC has onboarded Benchmark AMC co-founders Sanjiv Shah, Rajan
JSW Energy Acquires RCRIPL via IBC Resolution
JSW Energy completed acquisition of Raigarh Champa Rail Infrastructure Pvt Ltd (RCRIPL) as a wholly-owned subsidiary via IBC resolution process.
Total resolution amount is ₹700.10 crores via cash cons
MethodHub Software Board Meet: US Subsidiary Acquisition
MethodHub Software Limited scheduled a Board meeting on March 30, 2026 under SEBI Regulation 30.
The Board will consider acquiring 100% shareholding in a US-incorporated company as a wholly owned subs
ZEEL Redeems FCCBs, Restructures Content Business
ZEEL's board approved redemption of USD 23.90 million FCCBs and cancellation of USD 215.1 million unutilized commitment on March 26, 2026.
The company approved a slump sale of its content syndication/
Bondada Engineering Incorporates SPV for MAHAGENCO Project
Bondada Engineering Limited incorporated BONDADA DINESH SPV PRIVATE LIMITED as a wholly-owned subsidiary on March 26, 2026.
The SPV, with paid-up capital of ₹1,00,000, was formed to execute a MAHAGENC
Jupiter Infomedia: Netlink Open Offer, Directors Resign
Arix Capital and two acquirers launched a 26% open offer for Netlink Solutions under SEBI SAST Regulations 2011.
The open offer was triggered by acquirers purchasing 51% of Jupiter Infomedia's paid-up
Athena Global Technologies EGM Voting Results
Athena Global Technologies held its EGM on March 25, 2026, passing all three resolutions by requisite majority via e-voting.
Key resolutions included issuance of 7,00,000 warrants to promoter on prefe
Deepak Nitrite Invests ₹135 Crore in DCTL
Deepak Chem Tech Limited (DCTL) issued ₹135 Crore worth of 9% OCRPS to subsidiaries DPL (₹110 Cr) and DNL (₹25 Cr) on March 26, 2026.
The fund infusion aims to strengthen DCTL's capital base and suppo
Deepak Nitrite Infuses ₹135 Cr in DCTL via OCRPS
Deepak Chem Tech Limited (DCTL), a wholly owned subsidiary of Deepak Nitrite Limited, allotted 9% OCRPS worth ₹135 Crores in total.
Deepak Phenolics Limited received 1.10 crore OCRPS worth ₹110 Crores
CleanMax Issues ₹172 Cr Corporate Guarantees for Subsidiaries
Clean Max Enviro Energy Solutions Limited issued corporate guarantees totalling ₹172 crore for two wholly-owned subsidiaries on 26 March 2026.
Guarantees of ₹84 crore and ₹88 crore were extended to Cl
Elecon Engineering Incorporates Mexico Step-Down Subsidiary
Elecon Engineering's wholly owned subsidiary Elecon Singapore Pte. Ltd. has incorporated Grupo Radicon SA de CV in Mexico.
The new entity, incorporated on 8th January 2026, will handle sales, marketin
Aegis Logistics Consents Ammonia Terminal Assignment to ATPL
Aegis Logistics Board approved consent for assignment of Pipavav Ammonia terminal rights to Aegis Terminal (Pipavav) Limited (ATPL).
The 36,000 MT static capacity Ammonia terminal at Pipavav Port will
HCG Tanzania Subsidiary Wound Up Effective March 2026
HealthCare Global Enterprises Limited disclosed the winding up of its wholly owned indirect subsidiary, Healthcare Global (Tanzania) Private Limited, effective March 02, 2026.
HCG Tanzania was a non-o
RattanIndia Enterprises Acquires RPL Associate Status
RattanIndia Enterprises Ltd acquired an additional 0.19% equity stake in RattanIndia Power Ltd (RPL) via secondary market purchase on NSE.
Post-acquisition, shareholding rose from 19.813% to 20.003%,
Privi-Givaudan JV Prigiv Completes Equity Allotment
Privi Speciality Chemicals and Givaudan SA completed equity subscription in JV entity Prigiv Specialties Private Limited on March 26, 2026.
Post-allotment, Prigiv's total paid-up capital stands at ₹85
Aegis Vopak Sells 10% ATPL Stake to Itochu
Aegis Vopak Terminals Limited's board approved sale of 10% equity in subsidiary ATPL to Itochu Corporation for ₹80.32 crore.
Post-transaction, Aegis Vopak will retain 86% stake in ATPL; deal expected
Archean Chemical Rs.260 Cr Loan to Semiconductor WOS
Archean Chemical Industries entered a Rs.260 Cr unsecured loan agreement with its 100% WOS Neun Infra Private Limited on March 26, 2026.
Funds will support procurement of long-lead machinery for SiCSe
Inox India EOGM: Two Resolutions Passed
• Inox India Limited held an EOGM on 26th March 2026 via VC/OAVM, transacting two special/ordinary business items.
• Resolution 1 approved continuation of Mr. Pavan Kumar Jain (DIN: 00030098) as Chair
HOCL Awards LOI to Link Legal for HFL Closure
HOCL placed a Letter of Intent with M/s. Link Legal, New Delhi for closure activities of subsidiary HFL.
The contract is valued at ₹18.88 lakhs for a one-year period under a domestic order.
Disclosure
Sandhar Technologies Plans Mexico Manufacturing Facility
Sandhar Technologies' Board approved a proposal to set up an automotive assembling/manufacturing facility in Mexico on March 26, 2026.
The expansion will be via a branch office, wholly owned subsidiar
Ramkrishna Forgings: Two Subsidiaries Cease via Amalgamation
Ramkrishna Forgings discloses cessation of two subsidiaries under NCLT Kolkata-approved Scheme of Amalgamation effective March 25, 2026.
Mal Metalliks Pvt Ltd and Multitech Auto Pvt Ltd merged into Ra
INOX India EOGM: RPT Approval, Director Continuation
INOX India Limited held an EOGM on 26th March 2026 via Video Conferencing to transact two key business items.
Members voted on continuation of Mr. Pavan Kumar Jain's directorship post age 75 via Speci
TVS SCS Infuses INR 213.44 Mn in US Subsidiary
TVS Supply Chain Solutions Limited infused INR 213.44 Mn into its wholly owned US subsidiary TVS Logistics Investment Inc. USA via equity allotment.
The funding is towards cash flow and working capita
MosChip NCLT Approves Subsidiary Amalgamation Scheme
NCLT Hyderabad approved the Scheme of Amalgamation of Softnautics Private Limited and Softnautics Inc with MosChip Technologies Limited on 25th March 2026.
Both Softnautics Private Limited and Softnau
Schneider Electric Infrastructure Postal Ballot Results 2026
Schneider Electric Infrastructure Limited discloses postal ballot voting results for 4 resolutions deemed passed on March 25, 2026.
Shareholders approved 2026 WESOP participation and three material re
ITC Dissolves Step-Down Subsidiary Blazeclan Americas
ITC Limited's step-down subsidiary Blazeclan Americas Inc., USA, was voluntarily dissolved effective 24th March, 2026.
Blazeclan Americas had FY2024-25 total income of ₹4.38 crores (0.006% of ITC's to
Concord Control Systems Wins ₹84.68 Crore Railway Order
Concord Control Systems secured ₹84.68 crore order from Indian Railways via subsidiary Advanced Rail Controls Private Limited.
The contract covers supply, installation, and commissioning of Loco Wirel
GAMCO Ltd Sells Subsidiary VAPL to Blackstone
GAMCO Limited's Finance Committee approved the SSPA on 26 March 2026 for transfer of 100% stake in Visco Advisory Private Limited (VAPL) to a Blackstone affiliate.
Buyer is BREP Asia III India Holding
Allied Digital Converts Subsidiary Loan to Equity
Allied Digital Services Ltd discloses conversion of entire outstanding loan to Allied Digital Inc. into 6,868 equity shares worth USD 12.89 million.
The Loan Conversion Agreement with wholly-owned ove
Lakshya AMC Gets SEBI Final Mutual Fund License
Wealth First Portfolio Managers discloses SEBI's grant of final AMC license to its subsidiary Lakshya Asset Management Private Limited.
The license, dated 25th March 2026, authorises Lakshya AMC to la
Mahindra Lifespace Postal Ballot Four Resolutions Passed
Mahindra Lifespace Developers Limited announced the outcome of its Postal Ballot with all four resolutions passed on 22 March 2026.
Key approvals include slump sale transfer of business undertaking to
Transrail Lighting Recalls UAE Subsidiary Investment
Transrail Lighting recalled share application money remitted for its UAE wholly owned subsidiary Transrail Trading LLC.
The recall was triggered by the current war-like situation in the UAE region.
Th
Apollo Hospitals Acquires 30.58% Stake in AHLL
Apollo Hospitals completed acquisition of 30.58% equity stake in subsidiary Apollo Health and Lifestyle Limited (AHLL) from IFC and IFC EAF.
Total purchase consideration for 41,650,638 equity shares w
Rose Merc NMPL Season 4 Auction Announced
Rose Merc Limited discloses NMPL Season 4 Player Auction scheduled for March 25, 2026, via Regulation 30 filing.
Eight franchises including three BSE/NSE listed companies will bid for players at Mazga
Rose Merc NMPL Season 4 Player Auction Announcement
Rose Merc Limited discloses NMPL Season 4 Player Auction scheduled for March 25, 2026 at Navi Mumbai under Regulation 30.
The auction involves 8 franchises including listed companies Monarch Networth
MLDL Shareholders Approve Alembic Undertaking Slump Sale
• Mahindra Lifespace shareholders approved via Postal Ballot the slump sale of Alembic Undertaking (Bengaluru residential project) to subsidiary MBLDL, effective 22 March 2026.
• The transaction invol
Kamdhenu Converts Rs.10Cr Loan into MKSPL Equity
Kamdhenu Limited's Loan & Investment Committee approved converting a Rs. 10 crore unsecured loan into 20,000 equity shares of franchisee MKSPL.
The acquisition price is Rs. 5,000 per share (face value
Gujarat Kidney Acquires Parekhs Hospital for ₹77 Cr
Gujarat Kidney and Super Speciality Limited executed acquisition of Parekhs Hospital Private Limited as a wholly owned subsidiary on 22 March 2026.
The acquisition was completed via cash consideration
GTV Engineering Acquires 35.31% CHPPL Via Share Swap
GTV Engineering's Board approved preferential issue of up to 39,42,047 equity shares at Rs. 59.65 each to acquire 35.31% stake in Chirchind Hydro Power Private Limited via share swap.
Post-acquisition
Max India Postal Ballot: All 7 Resolutions Passed
Max India Limited completed postal ballot e-voting on March 22, 2026, with all 7 resolutions passed by requisite majority.
Compensation to Non-Executive Chairman Analjit Singh for FY2026-27 passed as
Menon Pistons Postal Ballot Results Declared
Menon Pistons Ltd disclosed postal ballot voting results for 4 resolutions under Section 110 of Companies Act, 2013 and SEBI LODR Regulations.
All four resolutions passed with requisite majority; Sach
Yogi Limited Acquires 99.99% Stake in Yogi Horizons LLP
Yogi Limited made a further investment of Rs. 19,990 in Yogi Horizons LLP, a newly incorporated real estate subsidiary.
Post-investment, Yogi Limited's total contribution in the LLP reaches Rs. 99,990
GPIL Amalgamates GEL; Scheme Effective March 23, 2026
Godawari Power and Ispat Limited's wholly-owned subsidiary Godawari Energy Limited stands amalgamated with effect from March 23, 2026.
NCLT Cuttack Bench sanctioned the Scheme of Amalgamation on March
Shree Hari Chemicals Invests ₹4.95 Cr in Subsidiary
Shree Hari Chemicals invested ₹4,94,99,990 in wholly owned subsidiary Shakambhari Dyechem Private Limited via rights issue on March 23, 2026.
49,49,999 equity shares of face value ₹10 each were allott
Sobhagya Mercantile Preferential Warrants Issue ₹87.75 Cr
Sobhagya Mercantile's Board approved issuance of 13,01,000 Convertible Warrants to Non-Promoters at ₹674.49 each, aggregating ₹87.75 crore.
Two allottees — Nova Global Opportunities Fund PCC-Touchston
SAMIL MTSL Acquisition Delayed to Q2 FY27
SAMIL updates its August 29, 2025 disclosure on MTSL share capital reduction scheme under Regulation 30.
SAMIL holds 92.96% in MTSL; post selective equity reduction, MTSL will become 100% wholly owned
AWL Agri Business Subsidiary Struck Off by MCA
AWL Agri Business Ltd discloses MCA approval of strike-off of its subsidiary AWL Edible Oils and Foods Pvt Ltd effective March 23, 2026.
The subsidiary had zero revenue from operations and a net worth
Birla Corporation Kundanganj Capacity Expands 1.4 MT
RCCPL Private Limited commissioned its third production line at Kundanganj, Uttar Pradesh on 23rd March 2026.
The expansion adds 1.4 million ton grinding capacity, raising Birla Corporation's consolid
Orient Green Power Subscribes Delta Preferential Shares
Orient Green Power subscribed to 61,44,490 equity shares in subsidiary Delta Renewable Energy via third preferential tranche for ₹6.14 crore.
Post-allotment, Orient Green Power's 70% stake in Delta Re
Ramky Infrastructure Postal Ballot 15 Special Resolutions FY27
Ramky Infrastructure Ltd issued a Postal Ballot Notice (e-voting only) for 15 Special Resolutions covering corporate guarantee and material RPT approvals.
Item 1 seeks shareholder approval to pledge 5
Indo National Revises Q2 FY26 Consolidated Results
Indo National Limited resubmitted revised unaudited consolidated results for Q2 and H1 FY2026 due to an inadvertent consolidation omission.
The revision eliminates ₹64.50 Crores of investments in subs
Veedol Corporation Extends Loan Repayment Deadline for Andrew Yule
Veedol Corporation's Board approved extension of unsecured loan repayment by Andrew Yule & Co. Ltd. from 31st March 2026 to 30th September 2026.
Andrew Yule & Co. Ltd., a Government of India Enterpris
Bheema Cements 45th AGM Notice Filed
Bheema Cements Limited convenes its 45th AGM on April 27, 2026 via VC/OAVM, covering adoption of FY2023-24 financial statements.
Re-appointment of Managing Director Kandula Prasanna Sai Raghuveer and
CESC Subsidiary Incorporates Purvah Poweredge Private Limited
CESC's subsidiary Purvah Green Power Private Limited incorporated Purvah Poweredge Private Limited (PPPL) on March 23, 2026.
PPPL is a wholly owned subsidiary of Purvah Green Power, incorporated to ex
Coal India Closes MJSJ Coal Subsidiary
Coal India's board approved closure of MJSJ Coal Limited, a step-down subsidiary via Mahanadi Coalfields Limited.
MJSJ Coal is being closed as it was not operational following Supreme Court cancellati
Coal India Guarantees ₹3,160 Cr for CRAUL Solar Plant
Coal India Limited's Board approved a 100% corporate guarantee of up to ₹3,160 Crores for subsidiary CRAUL's debt obligations.
The guarantee funds CAPEX for CRAUL's 875 MW Solar PV Plant, a JV with Ra
Coal India Approves Singapore IHC Incorporation
Coal India's Board approved incorporation of an Intermediate Holding Company (IHC) in Singapore on 23 March 2026.
The IHC will pursue critical minerals asset acquisition and manage overseas investment
JCIL Gets Second Waiver on €5M Advance Payment
John Cockerill India Limited received a second waiver from parent JC SA on €5M advance payment under the SPA, extended to June 30, 2026.
The acquisition of 100% equity of John Cockerill Metals Interna
CleanMax Issues Corporate Guarantee Worth ₹752 Crore
Clean Max Enviro Energy Solutions Ltd issued a corporate guarantee for subsidiary Clean Max Sphere Energy Private Limited.
The guarantee covers credit facilities of up to ₹752 crores granted to the 74
Crisil FY2025: PriceMetrix Acquired, 12% PAT Growth
Crisil's consolidated revenue rose 11.9% YoY to ₹3,649 crore with PAT of ₹766 crore and basic EPS of ₹104.75 for FY2025.
Crisil acquired 100% of McKinsey PriceMetrix Co. for USD 32.9 million via Crisi
GP Petroleums Clarifies No Consolidated Results Required
GP Petroleums responded to NSE's query dated 04.03.2026 on non-submission of consolidated financial results for Q3 FY2026.
Company states it has no subsidiary under Section 2(87) of Companies Act, 201
Jash Engineering Subsidiary Renamed to Jash Process Equipment
Jash Engineering Ltd disclosed a name change of its subsidiary under SEBI LODR Regulation 30 on 24 March 2026.
Subsidiary renamed from Westech Process Equipment India Pvt Ltd to Jash Process Equipment
GPIL Divests Stake in Ardent Steel, ASPL Ceases Associate
GPIL transferred 2,00,000 equity shares (2.52%) of Ardent Steel Private Limited for ₹6.60 Crores on 24.03.2026.
Post second tranche transfer, GPIL's stake in ASPL diluted from 20.98% to 18.46%, causin
GTV Engineering EOGM: CHPPL Stake Acquisition via Share Swap
GTV Engineering Limited convenes its 1st EOGM on April 16, 2026 for two special resolutions requiring shareholder approval.
Company proposes preferential allotment of up to 39.42 lakh equity shares at
Remsons Industries Divests AMPL, Acquires RETPL Fully
Remsons Industries sold its entire 35.86% stake in Astro Motors Pvt Ltd for Rs. 10 crore to PRATIK HASMUKH SHAH HUF.
The company acquired the remaining 49% stake in Remsons Edge Technologies Pvt Ltd f
DC Infotech Q3 FY26 Results & UDIN Clarification
DC Infotech clarified on 13th March 2026 that UDIN was duly generated for the Limited Review Report submitted on 12th February 2026.
Board meeting on 12th February 2026 approved Q3/9M FY26 results; st
WPIL Ltd Divests Australian Subsidiary Sterling Pumps
WPIL Limited's Board approved sale of its entire shareholding in Australian subsidiary Sterling Pumps Pty Limited on March 24, 2026.
Consideration is AUD 2.34 Mn for WPIL's 100% stake in SPPL, represe
L&T: SiliConch Amalgamates with LTSCT
SiliConch Systems Private Limited, a step-down subsidiary of L&T, has been amalgamated into L&T Semiconductor Technologies Limited effective March 24, 2026.
The amalgamation was approved by the Region
Ashika Credit Capital Acquires Subsidiary OCRPS Worth ₹2 Crore
Ashika Credit Capital Limited acquired 20,00,000 OCRPS of subsidiary Ashika Private Equity Advisors Private Limited for ₹2 crore on 24th March 2026.
The OCRPS, issued at face value of ₹10 each, repres
Provigil Surveillance Wins ₹25 Cr Punjab & Sind Bank Order
Provigil Surveillance Limited, WOS of Magellanic Cloud, secured a ₹25+ Crore order from Punjab & Sind Bank.
Order covers AI-enabled integrated e-surveillance across ~930 ATM/CRM sites under an OPEX mo
Natco Pharma Approves Agrochemicals Demerger Scheme
Natco Pharma's board approved demerger of its Agrochemicals Business into wholly owned subsidiary Natco Crop Health Sciences Limited, with Appointed Date October 1, 2026.
Share entitlement ratio is 1:
TCPL Packaging Invests ₹2.29 Cr in WOS COPPL
TCPL Packaging Limited invested ₹2.29 crore via Rights Issue in wholly owned subsidiary Creative Offset Printers Private Limited (COPPL).
40,317 equity shares of COPPL were allotted to TCPL Packaging
Shakti Pumps Invests ₹5Cr in Solar WOS
Shakti Pumps (India) Limited invested ₹5 crore in wholly owned subsidiary Shakti Energy Solutions Limited via equity shares.
Investment funds a greenfield 2.20 GW Solar DCR cell and Solar PV modules m
Hazoor Multi Projects Extends OCD Tenure by One Year
Hazoor Multi Projects extends tenure of Rs. 25 Crore OCDs in subsidiary Square Port Shipyard by one year to April 9, 2027.
OCDs carry a coupon rate of 0.01% and were previously subject to conversion i
CleanMax Approves Corporate Guarantees for 5 Subsidiaries
Clean Max Enviro Energy Solutions' Risk Management Committee approved corporate guarantees for five wholly-owned subsidiaries on 24 March 2026.
Total corporate guarantees aggregate ₹277.50 crore, cove
Kamdhenu Ltd: Loan Converted to Equity in MKSPL
Kamdhenu Ltd discloses allotment of 20,000 equity shares by franchisee MKSPL against conversion of ₹10 crore unsecured loan.
Shares allotted at ₹5,000 per share (face value ₹10, premium ₹4,990) on pri
Wardwizard Healthcare ₹231.60 Cr RPT Postal Ballot FY27
• Wardwizard Healthcare (BSE: 512063) issued a Postal Ballot Notice dated 23rd March 2026 seeking approval for 15 material RPTs totalling ~₹231.60 crore for FY 2026-27.
• The company carries a deeply
Rose Merc Board Approves Warrants, Subsidiary Restructuring
Rose Merc Limited allotted 3,55,723 convertible warrants at Rs. 90 each to 13 promoter and non-promoter investors, raising Rs. 80.03 lakh (25% upfront).
The company restructured its subsidiary portfol
IIRM Holdings Acquires SafeRisk Insurance Brokers for ₹55.12 Cr
IIRM Holdings' WOS India Insure to acquire 100% stake in SafeRisk Insurance Brokers for ₹55.12 crore cash consideration.
SafeRisk, a Bhubaneswar-based insurance broking firm, reported FY25 turnover of
Rossari Biotech WOS Name Changed to FZCO
Rossari Biotech's wholly owned subsidiary Rossari Global DMCC has been renamed Rossari Global FZCO effective March 23, 2026.
The name change is a suffix-only update mandated by Dubai Multi Commodities
IIRM Holdings Board Meeting Scheduled March 28
IIRM Holdings India Limited has scheduled a Board of Directors meeting on Saturday, March 28, 2026.
The board will consider approving a Corporate Guarantee in favour of wholly owned subsidiary India I
USL Divests RCB Franchise for INR 166.6bn
United Spirits Limited sells 100% stake in Royal Challengers Sports Pvt Ltd (RCB franchise owner) for INR 166.6 bn in an all-cash deal.
Buyers are a consortium: Aditya Birla Group, Times of India Grou
IRB Infrastructure Executes TOT-18 Project PIA
IRB Infrastructure Developers Ltd executed a Project Implementation Agreement with IRBCTPL for the TOT-18 Project on March 24, 2026.
IRB will act as Project Manager for IRBCTPL, a wholly owned SPV of
JM Financial Invests Rs.33.70 Cr in Overseas Subsidiary
JM Financial Limited subscribed to 24,25,000 ordinary shares of wholly owned subsidiary JMFOHPL for USD 3.59 million (~Rs. 33.70 Crore).
Subscription priced at USD 1 per share plus USD 0.48 premium; J
CleanMax Issues Corporate Guarantees for Two Subsidiaries
Clean Max Enviro Energy Solutions Limited issued corporate guarantees for two subsidiaries on 24 March 2026.
Guarantees worth ₹33.85 Crore and ₹30.50 Crore secured term loans for Clean Max Narmada and
Kajaria Ceramics Makes Kajaria Surfaces Wholly-Owned Subsidiary
Kajaria Ceramics acquired 9,50,000 equity shares (10%) of Kajaria Surfaces Private Limited on March 24, 2026, making it a wholly-owned subsidiary.
Kajaria Surfaces, a tile manufacturer incorporated in
Peria Karamalai Tea Postal Ballot RPT Approval
The Peria Karamalai Tea & Produce Co Ltd passed an Ordinary Resolution approving material related party transactions with LNB Renewable Energy Limited up to Rs. 8.91 crores.
Postal ballot via remote e
Zee Learn Subsidiary Auditor Resigns Effective March 24
Zee Learn Limited disclosed resignation of statutory auditor M/s. B S Sharma & Co. of material subsidiary Digital Ventures Private Limited, effective March 24, 2026.
The auditor cited pre-occupation w
Arfin India Invests ₹3 Cr in WOS Rights Issue
Arfin India Limited approved subscription to the Rights Issue of its WOS Arfin Titanium & Speciality Alloys Limited for up to ₹3 crore.
The subsidiary, incorporated on January 14, 2025, is engaged in
GR Infraprojects Sells Three Highway Subsidiaries
GR Infraprojects signed an SPA on 25 March 2026 to sell 100% equity in three highway subsidiaries to Indus Infra Trust.
Total aggregate sale consideration stands at approximately Rs. 273.22 crore acro
Mukka Proteins Acquires Remaining 2% in Subsidiary
Mukka Proteins signed an SPA on 25 March 2026 to acquire remaining 2% equity in Haris Marine Products Private Limited.
The acquisition involves 2,000 equity shares at face value ₹100 each for a total
Kranti Industries to Divest 15.22% Stake in Preciso Metall
Kranti Industries' Board approved disinvestment of up to 10,00,000 equity shares (15.22%) in subsidiary Preciso Metall Private Limited.
The shares are of face value ₹10 each, representing 15.22% of Pr
Ceigall India Proposes Sale of Two Highway Subsidiaries
Ceigall India's Management Committee authorized a Non-Binding Offer letter for 100% equity stake sale in two highway subsidiaries on 25 March 2026.
The two subsidiaries involved are Ceigall Jalbehra S
De Nora India Postal Ballot: RPT Approval Rs.2,080 Lakhs
De Nora India Limited issued a Postal Ballot Notice dated March 17, 2026, seeking shareholder approval for material RPTs with parent Industrie De Nora S.p.A., Italy.
The proposed transactions aggregat
ICRA Reaffirms A-/Stable Rating for JSW Energy Subsidiary
JSW Energy disclosed ICRA's reaffirmation of 'ICRA A-/Stable' rating for subsidiary Mytrah Vayu (Tungabhadra) Private Limited.
Mytrah Vayu (Tungabhadra) Private Limited is a step-down subsidiary of JS
Power Mech Subsidiary LoA Cancelled, ₹1,563 Cr Order Book Hit
WBSEDCL annulled the 250 MW/1000 MWh Battery Energy Storage System tender at Goaltore, cancelling PM Green Pvt Ltd's LoA.
The annulment was due to administrative/procedural exigencies; no default or n
Exide Industries Invests Rs. 450 Cr in EESL
Exide Industries Limited invested Rs. 450 crore in wholly owned subsidiary Exide Energy Solutions Limited on 25th March 2026 via rights issue.
Total cumulative investment in EESL now stands at Rs. 4,8
Kranti Industries Divests 15.22% Stake in PMPL
Kranti Industries' Board approved disinvestment of up to 10,00,000 equity shares (15.22%) in subsidiary Preciso Metall Private Limited.
Post-disinvestment, Preciso Metall Private Limited will cease to
Ashoka Buildcon Allotted Shares by Subsidiary VIL
Ashoka Buildcon received 40,02,250 equity shares worth Rs.4.00 crore under Rights Issue from wholly owned subsidiary Viva Infrastructure Limited on March 25, 2026.
Post-allotment, Ashoka Buildcon hold
Coal India CMPDIL IPO Prospectus Filed RoC
Coal India discloses under Regulation 30 that subsidiary CMPDIL's IPO prospectus was filed with RoC Jharkhand on March 25, 2026.
CMPDIL's IPO is an Offer for Sale of up to 107,100,000 equity shares of
Hamps Bio Acquires 100% HSDL Innovative for ₹2.04 Cr
Hamps Bio Ltd completes acquisition of 100% equity of HSDL Innovative Private Limited effective March 25, 2026.
Total cash purchase consideration for the acquisition stands at ₹2,04,00,000 (Rupees Two
CuraTeQ Biologics Signs EU Biosimilars Distribution Deal
CuraTeQ Biologics, a wholly owned subsidiary of Aurobindo Pharma, signed a marketing and distribution agreement with STADA Arzneimittel AG.
STADA will market and distribute two EMA-approved biosimilar
Modi Naturals Subsidiary Expands Ethanol Plant to 282 KLPD
Modi Naturals' wholly owned subsidiary Modi Biotech Pvt Ltd commences commercial operations at its expanded grain-based ethanol plant in Chhattisgarh.
Plant capacity enhanced significantly from 130 KL
HFCL Approves ₹580 Crore Preform Manufacturing Facility
HFCL's Board approved setting up a Preform Manufacturing Facility via wholly owned subsidiary HFCL Technologies Private Limited for backward integration into OFC business.
The proposed facility will a
Welspun Enterprises Acquires 20% Stake in WCSL
Welspun Enterprises Limited completed acquisition of 20% equity stake in Welspun Corporate Services Limited on March 25, 2026.
The acquisition involved 2,000 equity shares of ₹10 each at a total consi
Hazoor Multiprojects Provides ₹50 Cr Corporate Guarantee
Hazoor Multi Projects Ltd board approved a corporate guarantee of ₹50 crore for wholly owned subsidiary Square Port Shipyard Private Limited.
The guarantee covers a ₹45 crore term loan and ₹5 crore ca
HFCL Launches Integrated Defence Platform, ₹1,570 Cr Export Orders
HFCL's board approved strategic consolidation of defence businesses under subsidiary HASPL with total investment up to INR 175 crore.
HASPL will acquire Spiral EHL (100%), Raddef Pvt Ltd (80% stake),
Nazara Technologies' Subsidiary Allots Bonus Shares
Nazara Technologies discloses allotment of 9,90,450 bonus equity shares by its wholly owned subsidiary Paper Boat Apps Private Limited.
Bonus shares issued in ratio of 93:1 (93 new shares per 1 share
Sula Vineyards Acquires Chandon's 19-Acre Nashik Estate
Sula Vineyards signed a definitive agreement to acquire Chandon's 19-acre wine estate in Dindori, Nashik from Moet Hennessy India Private Limited.
The estate has a wine production capacity of 4.5 lakh
JSW Cement Incorporates UAE Wholly Owned Subsidiary
JSW Cement Limited incorporated JSW CEMENT MIDDLEEAST L.L.C – SPC as a wholly-owned subsidiary in Fujairah, UAE on 24 March 2026.
The subsidiary was incorporated with a share capital subscription of A
ICICI Bank Redeems ICICI Strategic Investments Fund Units
ICICI Bank's wholly owned subsidiary redeemed all residual units of ICICI Strategic Investments Fund on March 25, 2026.
Following full redemption, ICICI Strategic Investments Fund ceases to be a Group
Gajanan Securities Subsidiaries Dispose Investments to Promoters
Gajanan Securities' step-down subsidiaries Doreman Distributors and Chaturbhuj Agencies transferred equity shares to promoters for total consideration of ₹1,21,46,875.
Six separate share transfer tran
MCX Subsidiary Transfers ₹50L as Financial Disincentive
MCX discloses that subsidiary MCXCCL transferred ₹50 lakh to its Core Settlement Guarantee Fund on March 23, 2026.
The transfer was classified as a 'Financial Disincentive' arising from a technical gl
PVSL Renews Corporate Guarantees Worth ₹29.5 Crore
Popular Vehicles and Services Ltd disclosed renewal of corporate guarantees totalling ₹29.5 crore under SEBI Regulation 30.
Guarantees cover subsidiaries Prabal Motors Pvt Ltd (₹24.5 Cr) and Popular M
ASI Industries Invests in Sunsure Solarpark Fifty Two
ASI Industries subscribed to 1,308 equity shares of Sunsure Solarpark Fifty Two Pvt Ltd as first tranche investment.
Shares allotted at ₹10 face value with ₹1,384 premium each, aggregating total inves
Uravi Defence WOS Acquires 10% Spafax Stake
Uravi Defence and Technology Ltd discloses acquisition under Regulation 30 of SEBI Listing Regulations.
Wholly Owned Subsidiary Bharat Technology Limited acquired 10,100 equity shares representing 10%
Welspun Corp Acquires 45% Stake in WCSL
Welspun Corp Limited completed acquisition of 45% equity stake in Welspun Corporate Services Limited on 25 March 2026.
The acquisition involved 4,500 equity shares of ₹10 each at a total consideration
Available Finance Ceases Subsidiary of Archana Coal
Archana Coal Private Limited sold 8% equity stake in Available Finance Limited, reducing its controlling interest.
Post-disposal, Available Finance Limited ceases to be a subsidiary and becomes an ass
B-Right Realestate Issues ₹45 Cr Corporate Guarantee
B-Right Realestate Limited issued a corporate guarantee of ₹45 crore for a Construction Finance Loan availed by step-down subsidiary Siddhivinayak Developers Kurar.
The lender for the facility is Capr
Persistent Systems France Subsidiary Internal Restructuring SPA
Persistent Systems signed SPA on March 25, 2026 to transfer 100% stake in Persistent Systems France S.A.S. to Aepona Group Limited, Ireland.
Transaction is an internal group restructuring via share sw
Welspun Living Acquires 35% Stake in WCSL
Welspun Living Limited completed acquisition of 35% equity stake in Welspun Corporate Services Limited on March 25, 2026.
The acquisition involved 3,500 equity shares of ₹10 each at a total considerat
JSW Steel Acquires 92.19% Stake in Minas de Revuboe
JSW Steel's wholly owned subsidiary JSW Natural Resources Limited completed acquisition of 92.19% equity stake in Minas de Revuboe Limitada on March 25, 2026.
USD 74.24 million transferred to designat
IIRM Holdings Acquires SafeRisk Insurance Brokers 100%
IIRM Holdings' wholly owned subsidiary India Insure is acquiring 100% equity of SafeRisk Insurance Brokers for ₹55.12 crore cash consideration.
SafeRisk reported FY25 turnover of ₹27.78 crore, net wor
GAIL Invests Up to USD 64M in US Subsidiary
GAIL's Board approved equity infusion of up to US$64 million in wholly owned subsidiary GAIL Global (USA) Inc. on 25 March 2026.
Funds will be deployed in one or more tranches primarily to reduce GGUI
GR Infraprojects Sells Three Subsidiaries to Indus Infra Trust
G R Infraprojects transferred three wholly owned subsidiaries — GBUHPL, GUBHPL, and GEKEPL — to Indus Infra Trust on 25th March 2026.
Total aggregate consideration received is approximately ₹273.22 Cr
NIS Subsidiary Wins Mumbai Police CCTV Contract
NIS Management Limited's subsidiary won a ₹2.18 crore work order from Mumbai Police, Home Department, Maharashtra.
The contract covers Project Planning, Network Connectivity, O&M and Warranty of CCTV
ET Planners Dissolved via NCLT Order
NCLT New Delhi Bench dissolved ET Planners Private Limited, a step-down wholly-owned subsidiary of Max Healthcare Institute Limited, on March 25, 2026.
The voluntary liquidation was initiated on Septe