Tag: merger
RETAIL/FMCG ITC Approves Amalgamation Of Yoga Bar Parent Sproutlife Foods

ITC Ltd, one of India’s leading diversified private sector companies, has approved the amalgamation of Sproutlife Foods Pvt Ltd, its wholly owned subsidiary that operates the health food brand Yoga Bar, with effect from April 1, 2026. The proposed Scheme of Amalgamation is intended to integrate the operations of the two companies, improve resource utilisation […]

CW Bureau · Nov 2, 2026
MANUFACTURING NCLT Approves Merger Of Piombino Steel With JSW Steel In Final Order

The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the composite scheme of amalgamation of Piombino Steel Ltd with JSW Steel Ltd through its final order dated October 16, 2026. Following the order, Piombino Steel, the transferor company, stands amalgamated with and into JSW Steel, the transferee company. The appointed date for the merger […]

CW Bureau · Nov 1, 2026
GENERAL Sapphire Foods Merger With Devyani International Gets CCI Approval

The Competition Commission of India (CCI) has approved the proposed merger of Sapphire Foods India Ltd with and into Devyani International Ltd, along with certain related transactions. The combination brings together two major operators of quick-service restaurant brands in India, both of which operate franchise outlets of KFC and Pizza Hut. Devyani operates multiple international […]

CW Bureau · Oct 31, 2026
INFRASTRUCTURE JSW Cement, Shiva Cement Approve Merger To Create Unified Platform

JSW Cement Ltd, a cement manufacturer, and its listed subsidiary Shiva Cement Ltd have approved a scheme of arrangement for the amalgamation of Shiva Cement with JSW Cement. The consolidation is aimed at creating a single unified cement platform and unlocking operational, financial and management synergies. It is also expected to right-size the financial statements […]

CW Bureau · Sep 29, 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
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
MANUFACTURING Capricorn Systems To Merge With Radical Bio; Shift To Ethanol Business

Capricorn Systems Global Solutions Ltd (CSGL), a Hyderabad-based listed entity, has approved a merger with Radical Bio-Organics Ltd (RBOL) as part of its diversification strategy to exit the IT-enabled services business and enter high-growth distillery and chemical manufacturing segments. On April 11, 2026 the board approved the merger with a 1:1 share exchange ratio. Post-merger, […]

CW Bureau · Apr 12, 2026