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Asit C Mehta Investment Intermediates Ltd [14-May-26]
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Asit C Mehta Financial Services Ltd - 530723 - Board Meeting Outcome for Outcome Of The Board Meeting Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
This is to inform that the Board of Directors of the Company at its meeting held today i.e. May 14, 2026 inter alia considered and approved sale of Mutual Fund Distribution business of its material Subsidiary Company Asit C. Mehta Investment Interrmediates Limited ('ACMIIL') to Wealth Company Private Limited ('WCPL'), through a slump sale for an aggregate cash consideration of ? 6.59 crore. The completion of sale of Mutual Fund Distribution business of ACMIIL shall be subject to the terms and conditions mutually agreed between the parties. This transaction is aimed to improve net worth of the material subsidiary, reduce exposure to product/business that are below breakeven and to strengthen strategic focus on the core business operations of the material subsidiary company.
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PPAP Automotive Ltd [11-May-26]
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The Board has approved the proposal for the sale of Tooling Business of the Company to Meraki Precision Tool Engineering Limited (“Transferee Company”) via slump sale on going concern basis in exchange of requisite number of equity shares to be issued by the Transferee Company, as on the Closing Date to be cited in the Business Transfer Agreement (“BTA”).
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NDR Auto Components Ltd [11-May-26]
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The Board has approved the transfer of the company’s Seat Trim business related to certain models by way of slump sale as a going concern to its wholly owned subsidiary, NDR Auto Component South Private Limited
The Board has approved the transfer of the company’s Sunshade business by way of slump sale as a going concern to its Joint Venture, NDR Hayashi Automotive India Private Limited
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Indoco Remedies Ltd [30-Apr-26]
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Approval of Agreement to Transfer Business by Indoco Remedies Limited
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Action Construction Equipment Ltd [30-Apr-26]
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Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015 and our earlier intimations regarding the subjectmatter, we wish to inform you that the Board of Directors of Action Construction EquipmentLimited ('the Company' or 'ACE'), at its meeting held on 30th April, 2026 has approved theexecution of ''Business Transfer Agreement ('BTA') for transfer of its Heavy Cranes Businessto the ACE KATO Private Limited (JV Company) on a slump sale basis as a going concern togetherwith all rights, title and interest thereto for a lump sum consideration which shall be thepurchase/transfer price and which shall be paid by the JV Company to the Company by issueof the ACE subscription shares (as that term is defined in the investment and shareholdersagreement on the closing date). The Heavy Cranes Business means the Company's businessrelating to manufacturing of products namely truck cranes, crawler cranes and rough terraincranes, including all activities and operations relating thereto.
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Piccadily Agro Industries Ltd [28-Apr-26]
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Scheme of Arrangement (Scheme) between Piccadily Agro Industries Limited (PAIL or Demerged Company or Company) and Piccadily Food & Essential Limited (PFEL or Resulting Company) (a wholly owned subsidiary of the Company) and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, which provides for the demerger of the Company's Sugar Business (as defined in the Scheme) into PFEL (Proposed Transaction).
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Dhampur Bio Organics Ltd [20-Apr-26]
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Transfer of the business undertaking of the Company as a going concern i.e. the sugar factory located at Meerganj, Bareilly, Uttar Pradesh, (Meerganj Unit) on slump sale basis, to Forever Global Enterprises Limited (Buyer) (subject to receipt of requisite approvals, including from the shareholders of the Company) (Transaction); and (b) Execution of a Business Transfer Agreement (BTA) (which has been executed between the Company and the Buyer on April 20, 2026) and other ancillary agreements in relation to the Transaction
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360 One Asset Management Ltd [18-Apr-26]
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BSE Scrip Code: 542772
We wish to inform you that the board of directors of 360 ONE Portfolio Managers Limited, a wholly owned subsidiary of the Company (Transferor) and 360 ONE Asset Management Limited, also a wholly owned subsidiary of the Company (Transferee), at their respective meetings held today, have approved the transfer of business consisting of management of the alternative investment funds in the capacity of acting as an investment manager (AIF Business) and the portfolio management business (PMS Business) in the capacity of a portfolio manager, registered with Securities and Exchange Board of India, from the Transferor to the Transferee (Business Transfer).
The AIF Business and PMS Business are proposed to be transferred as an undertaking on a going concern and on slump sale basis for a lump sum consideration not being less than the net book value of the undertaking (subject to necessary adjustment of working capital), with effect from such date as may be determined by the Transferor and the Transferee and upon such other terms and conditions as mentioned in the draft business transfer agreement, subject to the prior approval of their respective shareholders and other approvals / consents / permissions as may be required.
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360 One Portfolio Managers Ltd [18-Apr-26]
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BSE Scrip Code: 542772
We wish to inform you that the board of directors of 360 ONE Portfolio Managers Limited, a wholly owned subsidiary of the Company (Transferor) and 360 ONE Asset Management Limited, also a wholly owned subsidiary of the Company (Transferee), at their respective meetings held today, have approved the transfer of business consisting of management of the alternative investment funds in the capacity of acting as an investment manager (AIF Business) and the portfolio management business (PMS Business) in the capacity of a portfolio manager, registered with Securities and Exchange Board of India, from the Transferor to the Transferee (Business Transfer).
The AIF Business and PMS Business are proposed to be transferred as an undertaking on a going concern and on slump sale basis for a lump sum consideration not being less than the net book value of the undertaking (subject to necessary adjustment of working capital), with effect from such date as may be determined by the Transferor and the Transferee and upon such other terms and conditions as mentioned in the draft business transfer agreement, subject to the prior approval of their respective shareholders and other approvals / consents / permissions as may be required.
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Jaykay Enterprises Ltd [13-Apr-26]
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Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we would like to inform you that the Board of Directors of Jaykay Enterprises Limited (the 'Company'), at its meeting held today, i.e. April 13, 2026, has considered and approved the acquisition of the Business Undertaking of Patange Industries Private Limited ('PIPL'), engaged in the business of defence precision manufacturing, fabrication and engineering design services, by way of a slump sale on a going concern basis.
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