Tag
Mergers and Acquisitions
7 articles
Amber Enterprises to Acquire Remaining 50% Stake in Amber Resojet
Amber Enterprises will acquire the remaining 50% stake in Amber Resojet for INR 1.74 crore, making it a wholly-owned subsidiary.
The acquisition, approved by the Strategic Alliance Committee, is a rel
Ambuja Cements Clarifies NCLT Approval for Penna Cement Merger
Ambuja Cements responded to a media report, clarifying that all material disclosures regarding its merger with Penna Cement have been made to the stock exchanges.
The company confirmed the NCLT sancti
Corona Remedies Acquires Wokadine® from Dr. Reddy's
Corona Remedies acquires Wokadine® brand from Dr. Reddy's Laboratories, marking its fifth inorganic acquisition, effective March 30, 2026.
Wokadine® is ranked #2 in India's INR 648 Cr Povidone Iodine
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
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
NCLT Approves J.B. Chemicals-Torrent Pharma Amalgamation Meetings
NCLT approves convening shareholder and creditor meetings for the amalgamation of J.B. Chemicals & Pharmaceuticals with Torrent Pharmaceuticals.
The appointed date for the scheme is 21st January 2026,
NCLT Approves Amalgamation of Penna Cement into Ambuja Cements
NCLT approves scheme of amalgamation of Penna Cement into Ambuja Cements with appointed date 16 August 2024.
Shareholders approved the scheme with 99.9997% votes; minority shareholders to receive Rs.