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Home  >  Market  >  Corp Announcements  >  De-Mergers
De-Mergers
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Shristi Infrastructure Development Corporation Ltd [06-Oct-26]
Please find enclosed herewith intimation under Regulation 30 and 51 of SEBI (LODR), 2015, as amended from time to time - scheme of arrangement
GTN Industries Ltd [05-Oct-26]
The proposed slump sale of the Nagpur spinning unit of GTN Industries Limited to GTN Engineering (India) Limited will significantly reduce the company's operating turnover while shoring up net worth and improving net profitability by eliminating recurring operating drag.
Satguru Corporate Services Pvt Ltd [01-Oct-26]
The Scheme of Arrangement between Sunteck Realty Limited (Resulting Company) or (Sunteck) and Satguru Corporate Services Private Limited (Demerged Company) -Wholly Owned Subsidiary of Sunteck and their respective shareholders under Section 230-232 of the Companies Act, 2013 and other applicable provisions of Companies Act, 2013 (Scheme)
Ganesh Benzoplast Ltd [29-Sep-26]
This is to inform that the Board of Directors of Ganesh Benzoplast Limited at its meeting held today, i.e. Tuesday, September 29, 2026, based on the recommendation of the Audit Committee, approved the sale of the: (i) liquid storage tank business at JNPT, Cochin and Goa terminals (LST Undertaking) as a going concern on a slump sale basis, under a Business Transfer Agreement (BTA) to Cisternina Logistics Private Limited (CLPL) an entity in which an entity owned by funds and vehicles managed and advised by Kohlberg Kravis Roberts has entered into definitive documents to invest; and (ii) rail logistics business at Daund (Rail Logistics Undertaking) (currently operating under its material subsidiary Infrastructure Logistic Systems Limited (ILSL) to ILSL Rail Logistics Private Limited, a wholly owned subsidiary of ILSL (ILSL WOS) and thereafter, transfer of entire shareholding held by ILSL in ILSL WOS to CLPL (Proposed Transaction). The aggregate consideration for the Proposed Transaction is INR 1,154 Crores, subject to such adjustments as set out in the definitive documents.
Atyati Technologies Pvt Ltd [29-Sep-26]
BLS E-Services Ltd - 544107 - Announcement under Regulation 30 (LODR)-Restructuring Pursuant to Regulation 30 read with Part A of Schedule III and other applicable provisions of the of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we wish to inform you that, the Board of Directors of Atyati Technologies Private Limited (ATPL), a wholly-owned subsidiary of the Company at their Meeting held today i.e. September 28, 2026 has considered and approved to enter into a Business Transfer Agreement (BTA) with TVAM Technologies Private Limited (TVAM), for the sale and transfer of Joint Liability Group-Financial Lending Business (JLG Business Undertaking) of ATPL on a going concern basis through a slump sale on such terms and conditions as detailed in the Business Transfer Agreement (including any amendments or modifications thereto) and all other agreements in connection therewith ('Transaction'), and subject to such other approvals/consents as may be necessary from the Lenders, regulatory/statutory authorities and other concerned parties
QMS Medical Allied Services Ltd [25-Sep-26]
Composite Scheme of Arrangement amongst QMS Medical Allied Services Limited (QMS or Demerged Company 1) and Health Care at Home India Private Limited (HCAH or Demerged Company 2) and Saarathi Healthcare Private Limited (Saarathi or Resulting Company) and their respective shareholders under Section 230 to 232 and other applicable provisions of the Companies Act, 2013 and the rules made thereunder (Scheme). The Scheme shall be subject to requisite approval of shareholders and creditors of all the three companies, stock exchange i.e. National Stock Exchange of India Limited (NSE), the jurisdictional Honble National Company Law Tribunal(s) and such other statutory approvals, permissions and sanctions of regulatory and other authorities as may be necessary
Usha Martin Ltd [24-Sep-26]
Pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, we would like to inform you that the Board of Directors of R R Kabel Limited, at its meeting held today, i.e. 24 September 2026, has considered and approved the purchase and acquisition of the Business Undertaking of U M Cables Limited, a wholly-owned subsidiary of Usha Martin Limited, engaged in the business of manufacturing and selling of Optical Fibre and related Cables by way of a slump sale on a going concern basis at a lump sum purchase consideration of Rs. 77 crores (Rupees Seventy-Seven Crores), subject to certain working capital adjustments and fulfilment of certain conditions as will be provided in the Business Transfer Agreement to be executed in this regard between the parties.
Dalmia Bharat Refractories Ltd [18-Sep-26]
This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on 21 September 2026 inter-alia to consider and approve the proposed Scheme of Arrangement between Dalmia Bharat Refractories Limited (DBRL) and Himadri Speciality Chemical Ltd and their respective shareholders and creditors pursuant to Section 230 to 232 of the Companies Act, 2013 for demerger of Tyre Business of DBRL Pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), as amended from time to time, this is to inform you that based on the recommendations and reports of the Audit Committee and Committee of Independent Directors, the Board of Directors ('Board') of Himadri Speciality Chemical Ltd at its meeting held today i.e., on 21 September 2026, inter-alia, has considered and approved the Scheme of Arrangement between Dalmia Bharat Refractories Limited ('DBRL' or 'Demerged Company') and Himadri Speciality Chemical Ltd ('HSCL' or 'Resulting Company' or 'Company') (collectively referred to as 'Companies') and their respective shareholders and creditors pursuant to Section 230 to 232 read with other applicable provisions of the Companies Act, 2013 and the rules framed thereunder ('Scheme'). (As per BSE Announcement dated on: 21.09.2026)
MSP Sponge Iron Ltd [02-Sep-26]
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. on 02nd September 2026 have considered and accorded their approval on the following matters. 1) The proposed Scheme of Arrangement between MSP Sponge Iron Limited ('Demerged Company' or 'MSP Sponge') and MSP Steel and Power Limited ('Resulting Company' or 'MSP Steel') 2) Board's Report for the Financial Year 2025-26
Lux Industries Ltd [31-Aug-26]
The Board of Directors of the Company at its meeting held today i.e., August 31, 2026, have considered and approved the Scheme of Arrangement amongst Lux Industries Limited (Demerged Company), Lux and Cozi Limited (Resulting Company 1) and Lux Global Limited (Resulting Company 2) and their respective Shareholders and Creditors.
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