Tag: amalgamation
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