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Hinduja Ventures Ltd (HVL) through a scheme of arrangement, integrating media & communication business of its subsidiary IndusInd Media and communication Ltd (IMCL) by way of a demerger with itself.

To simplify its corporate structure and segregate the steel and paint business, Kamdhenu Limited has decided to demerge the paint business for reasons not clear as a subsidiary of shell listed holding company and amalgamate the group companies into one.

Indiabulls Group has decided to merge Indiabulls Real Estate Ltd.'s (IBREL) all ongoing, completed and planned residential and commercial projects with two subsidiaries of Bengaluru-based Embassy Group.

External restructuring is the option for an inorganic growth strategy for the company. Internal Restructuring as mentioned earlier pertains to type of restructuring undertaken by a company and its subsidiaries or between group companies.

The scheme of amalgamation provides for merger of Wipro Technologies Austria GmbH, Wipro Information Technology Austria GmbH, Newlogic Technologies SARL and Appirion India Cloud Solutions Private Limited with Wipro Limited.

Magma Fincorp acquired 26% joint venture partner in August, 2017 and immediately thereafter it announced the merger. Before merger, it seems MITL have cleaned its book by providing NPAs and even booking substantial loss in FY17. At present both the companies are having low margins and high NPA's.

Last year, the Board of Directors of Pioneer Distilleries Limited & United Spirits Limited at its meeting, approved a scheme of amalgamation in relation to the proposed merger of the Company with its parent company United Spirits Limited under Sections 230 - 232 and other applicable provisions of the Companies Act, 2013 and the rules thereof.