MANUFACTURING
Phoenix Mills Proposes Merger Of Truevalue Infrabuild With SGH Realty
Truevalue Infrabuild Pvt Ltd (TVIP), a step-down subsidiary of The Phoenix Mills Ltd, has proposed to amalgamate with SGH Realty Pvt Ltd as a going concern, as part of a restructuring exercise aimed at simplifying the group’s business structure and improving operational efficiency. SGH Realty is a subsidiary of Phoenix Mills and the holding company […]
CW Bureau
·
Oct 15, 2026
INFRASTRUCTURE
Adani Power Completes Merger Of Ten Wholly Owned Subsidiaries
Adani Power Ltd has completed the amalgamation of ten wholly owned subsidiaries with the company under a Scheme of Amalgamation sanctioned by the National Company Law Tribunal (NCLT). The scheme became effective on September 25, 2026, after all conditions required for its effectiveness were fulfilled. The ten subsidiaries have consequently been amalgamated with Adani Power […]
CW Bureau
·
Sep 25, 2026
INFRASTRUCTURE
Indosolar To Merge With Waaree Energies Under Amalgamation Move
The boards of Indosolar Ltd, a Waaree group company, has approved a Scheme of Amalgamation with Waaree Energies Ltd aimed at consolidating their solar photovoltaic manufacturing operations. Both companies are engaged in the manufacture of solar photovoltaic modules. Indosolar, the transferor company, does not have cell manufacturing capacity and depends on Waaree Energies or other […]
CW Bureau
·
Sep 23, 2026
HOSPITALITY
Lemon Tree Hotels Gets NSE, BSE Clearance For Composite Merger
Lemon Tree Hotels Ltd has received no-objection letters from the National Stock Exchange and Bombay Stock Exchange for its proposed Composite Scheme of Arrangement, paving the way for the company to submit the draft scheme to the National Company Law Tribunal. The regulatory clearance is an important step in the restructuring announced by the company […]
CW Bureau
·
Sep 23, 2026
GENERAL
ACME Solar Holdings Board Approves Amalgamation Of Three Subsidiaries
The board of ACME Solar Holdings Ltd has approved a Scheme of Amalgamation involving the merger of ACME Pokhran Solar Pvt Ltd, ACME Sikar Solar Pvt Ltd and ACME Eco Clean Energy Pvt Ltd Holdings Ltd with and into ACME Solar Holdings. ACME Pokhran Solar and ACME Sikar Solar are direct wholly owned subsidiaries of […]
CW Bureau
·
Sep 18, 2026
BANKING & FINANCE
Muthoot Finance To Merge Wholly Owned Subsidiary Muthoot Money
Muthoot Finance Ltd has approved a scheme of amalgamation with its wholly owned subsidiary Muthoot Money Ltd (MML), as part of a group-wide consolidation exercise. MML is a non-deposit taking NBFC classified under the middle layer, while Muthoot Finance is an upper-layer NBFC. Both companies are primarily engaged in the gold loan business. Scheme requires […]
CW Bureau
·
Aug 31, 2026
HOSPITALITY
Cipla To Invest $100-Mn In Cipla (EU); To Merge Inzpera Healthsciences
Leading global pharmaceutical company Cipla Ltd approved an investment of $100 million in its wholly owned subsidiary Cipla (EU) and amalgamation of Inzpera Healthsciences Ltd with itself. In a regulatory filing, Cipla said that the investment of $100 million in Cipla (EU) will be utilised for onward financial assistance to InvaGen Pharmaceuticals Inc. towards capital […]
CW Bureau
·
Mar 20, 2026
