Special Situations & Event Driven › Sub-category
Merger / Demerger / Spin-off
60 articles
Meghmani Organics to Amalgamate Two Wholly-Owned Subsidiaries
Meghmani Organics' board approved a scheme to amalgamate two wholly-owned subsidiaries, Kilburn Chemicals and Meghmani Crop Nutrition, into the parent company.
The amalgamation aims to simplify the gr
Meghmani Organics Board Approves Subsidiaries Amalgamation
Meghmani Organics' board approved a scheme to amalgamate two wholly-owned subsidiaries, Kilburn Chemicals and Meghmani Crop Nutrition, into the parent company.
The appointed date for the amalgamation
Narayana Hrudayalaya Shareholders Approve Demerger Scheme
Narayana Hrudayalaya's scheme of arrangement with NH Integrated Care was approved by 99.9999% of voting equity shareholders, with 100% approval from secured and unsecured creditors.
The scrutinizer co
Vedanta's March 2026 Insights: Women Investors, Commodity Watch, Demerger
Vedanta's March 2026 regulatory filing highlights the growing participation of women investors in India, noting a 129% growth in women's demat accounts since 2021.
The report includes a commodity watc
CIAN Agro Approves Six-Entity Amalgamation Scheme
CIAN Agro's Board approved merger of six subsidiaries/step-down subsidiaries into itself under Sections 230–232 of Companies Act, 2013.
MAIIL equity shareholders to receive 30 CIAN shares per 100 MAII
GE Power India Demerger Into JSW Energy Approved
GE Power India (GEPIL) received 'No Adverse Observations' from BSE and 'No Objection' from NSE on April 1, 2026 for its demerger scheme.
GEPIL is the Transferor/Demerged Company and JSW Energy Limited
Emcure Acquires Cutimed Inc., Merges with Mantra
Emcure's step-down subsidiary Mantra Pharma Inc. acquired 100% of Cutimed Inc. for up to CAD $5.05 million cash on April 01, 2026.
Cutimed Inc., a Québec-incorporated cosmetics and dermatological prod
NCLT Approves Adani Harbour Merger with APSEZ
NCLT Ahmedabad Bench sanctioned the amalgamation of Adani Harbour Services Limited into Adani Ports and Special Economic Zone Limited on April 1, 2026.
Adani Harbour Services Limited is a wholly owned
Utkarsh SFB Amalgamation Scheme Approved by Shareholders
• Utkarsh Small Finance Bank held an NCLT-convened equity shareholders' meeting on March 28, 2026 to approve amalgamation with Utkarsh CoreInvest Limited.
• The scheme was passed with 99.9954% votes i
Utkarsh SFB Amalgamation Scheme Approved by Creditors
Unsecured Creditors of Utkarsh Small Finance Bank approved the Scheme of Amalgamation with Utkarsh CoreInvest Limited with 100% votes in favour.
Of 1,292 eligible unsecured creditors (total outstandin
Lancor Holdings Merges Subsidiary Post NCLT Approval
NCLT Chennai sanctioned merger of Lancor Maintenance & Services Ltd (wholly owned subsidiary) with Lancor Holdings Ltd on April 1, 2026.
The filing is made under Regulation 30 of SEBI LODR 2015; detai
Panther Industrial Products Board Meeting April 8
Panther Industrial Products Ltd has scheduled a Board of Directors meeting on Wednesday, 08 April, 2026 at 2:30 p.m.
The board will consider and approve a draft scheme of amalgamation and arrangement,
Tata Motors Q4 FY26 CV Sales Up 25% YoY
Tata Motors reported Q4 FY26 total CV sales of 1,32,465 units, a 25% YoY increase over 1,05,643 units in Q4 FY25.
Full-year FY26 total CV sales grew 14% YoY to 4,28,329 units; EV volumes surged 59% Yo
BLS E-Services Extends Atyati Technologies Acquisition Deadline
BLS E-Services has amended its binding offer to acquire 100% equity of Atyati Technologies Private Limited, extending the deadline to April 30, 2026.
The original acquisition announcement was made on
Lumax Ancillary Amalgamation with Lumax Auto Effective
Lumax Auto Technologies confirms the Scheme of Amalgamation with Lumax Ancillary Limited became effective on March 31, 2026.
Both companies filed certified true copies of the NCLT order with the Regis
Wipro Merges Two US Step-Down Subsidiaries
Wipro Limited discloses completion of merger of Rizing Consulting USA, LLC into Rizing LLC, effective March 31, 2026.
Both entities are step-down subsidiaries providing consulting and software support
BLS International Subsidiary Strike-Off Update
BLS International updates exchanges on voluntary strike-off of wholly owned subsidiary Reired BLS International Services Private Limited.
The subsidiary has filed e-Form STK-2 with RoC, NCT of Delhi;
Windsor Machines-Global CNC Merger Effective March 2026
Windsor Machines Ltd's wholly-owned subsidiary Global CNC Pvt Ltd merged into it effective March 31, 2026, per NCLT Ahmedabad order dated March 19, 2026.
Appointed Date is April 1, 2025; no considerat
Vedanta Director Change, Demerger Timeline Extended
Mr. Dindayal Jalan ceases as Non-Executive Independent Director of Vedanta Limited effective March 31, 2026, completing his second and final term.
Mr. S.V. Murali Dhar Rao, former SEBI Executive Direc
TMICC Completes 61.9% Acquisition of Kwality Wall's
The Magnum Ice Cream Company (TMICC) completed acquisition of 61.9% equity shares of Kwality Wall's (India) Limited (KWIL) under a Share Purchase Agreement with Unilever dated June 25, 2025.
KWIL will
Meghmani Organics Board Meeting for Amalgamation
Meghmani Organics Ltd has scheduled a Board of Directors meeting on April 4, 2026.
The meeting will consider, review, and approve a Scheme of Amalgamation.
The disclosure was filed with NSE (symbol: M
Dabur India NCLT-Directed Amalgamation Meeting Notice
Dabur India Limited notifies BSE and NSE of an NCLT-directed equity shareholders' meeting on May 02, 2026 via VC/OAVM.
The meeting seeks shareholder approval for a Scheme of Amalgamation between Sesa
Sagar Cements Approves Andhra Cements Merger
Sagar Cements' Board gave in-principle approval on 30th March 2026 to merge subsidiary Andhra Cements Limited with itself.
The merger is subject to necessary approvals from regulators and other concer
Andhra Cements Merger with Sagar Cements Approved
Andhra Cements' Board gave in-principle approval on 30th March 2026 to merge with parent Sagar Cements Limited.
The merger is subject to necessary approvals from regulatory and other concerned authori
EPL-Indovida Merger Creates ~$2bn Packaging Platform
EPL Limited's board approved merger with Indovida India Private Limited on March 29, 2026, creating a ~$2bn consumer packaging platform.
Combined entity will have INR 83.8bn revenue, 20.9% EBITDA marg
EPL-Indovida Merger Creates $2B Packaging Platform
EPL Limited and Indovida India Private Limited signed definitive merger agreements on March 29, 2026, creating a ~$1B revenue, ~$2B valuation packaging entity.
EPL is valued at INR 339/share (70% prem
EPL Limited Approves Indovida India Merger Scheme
EPL Limited's board approved a scheme of amalgamation to merge Indovida India Private Limited into EPL via absorption on March 29, 2026.
Share exchange ratio set at 286 EPL equity shares (FV ₹2) for e
Utkarsh SFB Unsecured Creditors Meeting: Amalgamation Scheme
NCLT-convened Unsecured Creditors Meeting of Utkarsh Small Finance Bank held on March 28, 2026 via Video Conferencing.
Meeting called pursuant to NCLT Allahabad Bench order dated February 11, 2026, to
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
Cigniti-Coforge Merger: NCLT Reserves Order
NCLT reserved its order on March 27, 2026 for formal pronouncement on the Cigniti-Coforge Scheme of Amalgamation.
Statutory Authorities recorded no-objection to sanctioning the Scheme of Amalgamation.
Coforge-Cigniti Merger NCLT Order Reserved
NCLT reserved the order on March 27, 2026 for formal pronouncement on Coforge-Cigniti amalgamation scheme.
Statutory Authorities recorded no-objection to the sanctioning of the proposed Scheme of Amal
Markolines Amalgamation Scheme Merchant Banker Correction
Markolines Pavement Technologies filed a clarification correcting merchant banker details in its Board Meeting Outcome dated 6th March 2026.
Sobhagya Capital Options Pvt Ltd (SEBI Reg. INM000008571) i
Polycab Amalgamation with Uniglobus Effective March 27
Polycab India Limited's Scheme of Amalgamation with Uniglobus Electricals and Electronics Private Limited became effective on March 27, 2026.
Both companies filed the certified copy of NCLT's February
EMA India Amalgamation with Dynalog India Approved
EMA India's Board approved a Scheme of Amalgamation with Dynalog India Limited on March 27, 2026, subject to NCLT and regulatory approvals.
Share exchange ratio set at 28 Dynalog India shares for ever
Vraj Iron Steel Promoter Merger Scheme Approved
Vraj Iron and Steel discloses Regional Director approval of promoter merger scheme dated March 18, 2026.
Three promoter entities — KIPL, UIPL, VATPL — merge into Gopal Sponge and Power Private Limited
Mazagon Dock Acquires 51% Stake in CDPLC
Mazagon Dock Shipbuilders Ltd. has concluded acquisition of 3,66,49,271 shares in Colombo Dockyard PLC (CDPLC), raising total stake to 51%.
The acquisition was executed via a Mandatory Offer under Sri
Piramal Finance Amalgamation, NCD Issue, Director Resignation
Piramal Finance Board approved merger of three wholly-owned subsidiaries — PCTPL, PAOPL, and DIL — to simplify group structure.
Board approved issuance of Redeemable NCDs on private placement basis up
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
Shah Foods Acquires TPTPL via Share Swap, Dual Preferential Allotment
Shah Foods Limited acquired 100% stake in Tandhan Power Technologies Private Limited via share swap valued at ~Rs. 99.28 crore.
Board allotted 1,58,85,037 equity shares at Rs. 62.50 each (non-cash) an
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
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
Euro Pratik Acquires 51% Chawla Brothers for ₹33.2Cr
Euro Pratik Sales Limited acquires 51% stake in Chawla Brothers, a North India decorative surfaces firm, for ₹33.2 crore including ₹4.1 crore capital infusion.
The deal, funded via internal accruals,
Bosch Limited, TACO Form E-Mobility JV
Bosch Limited and Tata AutoComp Systems Limited announced an equal-share joint venture targeting India's e-mobility segment, pending regulatory approvals.
The JV will focus on engineering, manufacturi
Veranda Learning NCLT Composite Scheme Shareholder Meeting
NCLT Chennai ordered VLS equity shareholder meeting on April 24, 2026 to approve composite scheme involving VXLS amalgamation and commerce education demerger to JSCEL.
Share entitlement ratio is 1:1 —
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
JK Tyre Cavendish Merger Fractional Entitlement Distribution Certified
JK Tyre's Audit Committee and Independent Directors certified completion of fractional entitlement proceeds distribution from Cavendish Industries amalgamation.
3 fractional shares sold at Rs. 444/sha
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
Timken India Completes 26.1% Stake in Sunstreamgreen
Timken India Limited completed acquisition of 26.1% equity shares of Sunstreamgreen Energy C&I Three Private Limited on 23 March 2026.
This update follows earlier communications dated 22 September 202
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
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:
India Glycols Demerger Scheme Approved by Unsecured Creditors
India Glycols Limited's Unsecured Creditors unanimously approved a Scheme of Arrangement to demerge into Ennature Bio Pharma Limited and IGL Spirits Limited on 24th March 2026.
36 out of 575 eligible
JB Chemicals Amalgamation with Torrent Pharma: NCLT Order
JB Chemicals & Pharmaceuticals is being amalgamated with Torrent Pharmaceuticals under a Scheme of Amalgamation.
NCLT Ahmedabad Bench uploaded its Order on March 23, 2026 for the first motion applicat
Bain Capital Open Offer for Manappuram Finance 26%
BC Asia Investments XXV (Bain Capital) launches mandatory open offer for 26% of Manappuram Finance at INR 236 plus INR 12.29 interest per share.
Maximum total consideration is INR 6,063.92 crore; tend
Maruti Interior Products Acquires HA & DL Holdings 100%
Maruti Interior Products Limited completed 100% acquisition of HA & DL Holdings Pte. Ltd for USD 2,011,000 in cash.
Target's wholly owned subsidiary Vina Metal Recycling Co. holds BIS licence to expor
CIAN Agro Board to Approve Six-Company Amalgamation
CIAN Agro Industries & Infrastructure Ltd has scheduled a Board Meeting on April 2, 2026 to approve a merger scheme.
The scheme involves amalgamation of six private/listed entities into CIAN Agro unde
JB Chemicals NCLT Corrigendum Order on Torrent Merger
JB Chemicals discloses NCLT Ahmedabad Corrigendum Order dated March 24, 2026 on its amalgamation with Torrent Pharmaceuticals.
The filing is a follow-up to an earlier intimation dated March 24, 2026 u
Torrent Pharma NCLT Corrigendum Order on JB Chem Merger
Torrent Pharmaceuticals intimates BSE/NSE of a Corrigendum Order dated 24th March 2026 by NCLT Ahmedabad in the JB Chemicals merger.
The Corrigendum Order relates to the proposed amalgamation of JB Ch
Emirates NBD Gets UAE Central Bank Approval for RBL Stake
Emirates NBD Bank (P.J.S.C) received Central Bank of UAE approval on March 24, 2026 for acquiring a majority stake in RBL Bank.
The approval also covers the proposed amalgamation of Emirates NBD's exi
Network18 Amalgamates News18 Marathi Subsidiary
Network18 Media board approved amalgamation of wholly-owned subsidiary News18 Marathi Private Limited with the parent company.
No cash or share consideration involved; shareholding pattern of Network1
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