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HFCL Ltd [03-Jun-26]
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Transfer of the thermal weapon sight (TWS) business of HFCL to HASPL, as a going concern on a slump sale basis, for a lump sum consideration of Rs.50 Crore (Indian Rupees Fifty Crore only), pursuant to a business transfer agreement ('BTA') executed by and between HFCL and HASPL, subject to completion of conditions precedent set out under the BTA.
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Punj Lloyd Ltd [01-Jun-26]
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Scheme of Arrangement is amongst Punj Lloyd Limited (for the purpose of this part, referred to as 'Demerged Company') and Adani Infra (India) Limited ('Resulting Company') and their respective shareholders and creditors ('Proposed Scheme') pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Act'). The Proposed Scheme inter alia provided for the transfer and vesting of the Demerged Undertaking (as defined in the Proposed Scheme, which primarily includes the entire the Indian EPC Business, other than Foreign EPC Business and Investment Companies, as a going concern as on the Appointed Date with all associated activities, assets and liabilities) from the Demerged Company to the Resulting Company on a going concern basis, and issue of Preference Shares by the Resulting Company to the eligible equity shareholders of the Demerged Company, in consideration thereof.
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Maharashtra Seamless Ltd [22-May-26]
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In compliance with Regulation 30 of SEBI Listing Regulations, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, this is to inform you that the Board of Directors of the Company, at its meeting held today, basis the recommendations of the Audit Committee and Independent Directors, has approved a scheme of arrangement ('Scheme') amongst Maharashtra Seamless Limited ('Demerged Company'/ 'MSL'), MSL Seamless Tubes Limited ('Resulting Company 1'/'MSTL') and United Seamless Limited ('Resulting Company 2'/'USL') together called as 'Resulting Companies' (wholly owned subsidiaries of MSL) and their respective shareholders and creditors ('Scheme') with an Appointed Date of 01st October 2026 in compliance with the provisions of Sections 230 to 232 read with other applicable sections/ provisions, if any, of the Companies Act, 2013 and the rules framed thereunder and further subject to the requisite approvals and sanction of the jurisdictional bench of National Company Law Tribunal ('NCLT') and also subject to the approval of the shareholders and / or creditors of MSL, Central Government, or such other competent authority or intermediaries or agencies etc., as may be directed by the NCLT
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One Mobikwik Systems Ltd [22-May-26]
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Sale and transfer of the Company’s Lending Services Provider Business (LSP business) forming part of financial services business, on slump sale basis to MobiKwik Distribution Services Private Limited (formerly known as MobiKwik Credit Private Limited) (MDSPL), a wholly owned subsidiary of the Company.
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Rose Merc. Ltd [18-May-26]
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Proposal to enter into a collaboration with Virtual Gain Technologies Private Limited, a company incorporated and registered under the Companies Act, 2013, with corporate identification number U74999PN2017PTC170913, having its registered office at Unit No - 218, 10 Biz Park, Sr No - 227/A/l to 17, PLO, Viman Nagar, Pune, Maharashtra, India, 411014 ('Virtual'), to enable Rose Merc Limited ('Rose Merc') to establish, develop and operate a fintech business division of Rose Merc subject to the receipt of the authorisations, consents and approvals from its shareholders and the concerned Governmental/regulatory authorities in India ('Collaboration') on terms and conditions to be recorded in a collaboration agreement to be executed between the parties
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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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