Unichem Laboratories has entered into an agreement to acquire 20% equity stake in the API and intermediate business of Hyderabad based Optimus group. The acquisition value is Rs 120 crore. The transaction will give the company access to Optimus’ US Food and Drug Administration (USFDA) approved API manufacturing facilities and Optimus will gain from the … Read more
Adani Transmission has signed Share Purchase Agreement with KEC International (KEC) on November 03, 2018 for acquisition of its entire stake in KEC Bikaner Sikar Transmission (KBSTPL). KBSTPL is having an operational transmission line of 344 ckt. kms in the State of Rajasthan from Bikaner to Sikar. Adani Transmission is a holding company. The company … Read more
Mahindra Logistics has completed the purchase of 119,610 (5.06%) equity shares of Lords Freight (India) (Lords), Subsidiary company from its existing Shareholder, resulting an increase in the company’s stake in Lords from 68.69% (pre-acquisition) to 73.75% (post-acquisition). Mahindra Logistics provides logistics solutions, warehousing facilities, freight forwarding and supply chain management services. It also provides people … Read more
Prime Focus has received an approval to sell 100% equity shares by the company of its wholly owned subsidiary, Gener8 India Media Services, to DNEG Creative Services, a subsidiary of the company. The Board of Directors of the company at their meeting held on October 30, 2018, approved the same. Prime Focus the world’s largest … Read more
Rane Holdings has received approval for divestment of entire 48.97% equity shareholding held by the company in JMA Rane Marketing (JMA Rane), a Joint Venture (JV) company. This divestment is subject to negotiating and concluding the terms, execution of definitive agreement and completion of customary closing conditions. The Board of Directors of the company at … Read more
Cadila Healthcare has subscribed 51% shares of Windlas Healthcare (Windlas) as per the share purchase agreement executed by the company and Windlas. With this, Windlas has become a subsidiary of the company. Cadila Healthcare is an India-based pharmaceutical company. The company’s subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, Zydus Technologies, German Remedies, Dialforhealth … Read more
JSW Steel has acquired an aggregate of 60.004% of the share capital of Dolvi Minerals and Metals Private (DMMPL), a company engaged in the business of acting as traders, whole-sellers and retailers in all forms of metallic and non-metallic minerals, which includes coal and lignite, coal products and iron steel products, from the existing investors … Read more
