Group items tagged

In a contradictory move to separate two unrelated business & merging other unrelated business, Indiabulls Integrated Services announced a group restructuring involving 11 companies by demerging and transferring its Infrastructure Solution Business to the new company.

Almost everyone has heard and read the news the epic fundraising done by Reliance Jio and eventually announcement of Reliance Industries turning net-debt free. Our article notes the journey of inception of Reliance JIO Infocomm and eventual demerger of the tower infra and the fibre optic business last year.

Readers of M&A Critique are always interested in the details of a transaction may it be merger, acquisition, demerger or slump sale and exchange. One always wants to know the structuring of the deal and the reasons and long-term implications of structuring.

S Chand Group decision for restructuring seems to be for simplification of the group structure & future acquisitions and expansions in various regions will improve their spread in the business because regional timings are different depending on which region they acquire, which will stabilize the company's growth track.

The shareholding pattern post amalgamation may vary based on the number of shares tendered by public in the open offer to be launched by Birlasoft's promoters and KPIT's promoters. That means the Promoters Shareholding post amalgamation includes 5,13,49,673 Equity Shares, fully tendered by public shareholders in open offer.

Our honourable Finance Minister presented the budget for 2018 on 1st Feb 2018. We have listed some noteworthy amendments which has an effect on corporate restructuring viz. mergers, amalgamations, demergers and acquisitions.

Tata groups consolidating its FMCG brand in single umbrella. Tata group demerging its brand Tata Salt and Tata Sampan from Tata Chemical into Tata Global Beverages Limited.

Motherson Sumi have approved to undergo group restructuring, it will demerge its domestic wire harness business from its listed entity MSSL, into a newly incorporated company and merge holding company i.e. Samvardhana Motherson into MSSL to segregate its domestic wire harness business and the auto component & allied business.

Dr. Compliance provides a wide spectrum of services related to legal corporate matters. Our team provides efficient and effective corporate legal solution. Dr Compliance posses highly qualified Lawyers well versed with the functioning of High Court, Supreme Court and other Appellate Tribunals. Our team provide following Services: Handling Mergers, Demerger and Amalgamations of Companies. Drafting of Scheme of Amalgamation. Conducting of General Meeting under the supervision of the High Court. Representation before the Regional Director, Official Liquidator and Registrar of Companies.

The proposed restructuring with the realignment of the travel businesses of Thomas Cook (TCIL) & consolidation of the human resource services business into Quess Corp, will simplify the Group structure.

Piramal Enterprises has a history of making over 50 acquisitions. The company is known for its efficient capital allocation. Both PEL and PPL have same the promoter group. Piramal Enterprises holds 17.53% stake in PPL which will get cancelled post-merger

The Board of Directors of MPS Limited approved the amalgamation of ADI BPO Services Limited into the Transferee Company. Before the amalgamation, Transferor Company will de-merge its "Infrastructure Management Business" undertaking into ADI Media Private Limited

Apollo Hospitals has spinned off its front-end retail pharmacy business into Apollo Pharmacies (APL), which in turn will be a wholly-owned subsidiary of Apollo Medicals Pvt Ltd (AMPL).

The merger was to consolidate India business of RHIM Group, by which two private limited companies will merge into the listed entity Orient Refractories Limited and RHI Magnesita, the Parent Company will have an approximately 70% stake in the Orient Refractories which will be renamed RHI Magnesita India.