PFC-REC Merger Moves Closer as Centre Considers
The proposed merger of Power Finance Corporation (PFC) and REC Limited has moved a step closer, with the Finance Ministry reviewing the proposal before it...
Tag : Merger
Adani Power Merges 10 Subsidiaries Into Parent After NCLT Nod
Adani Power has merged 10 wholly owned subsidiaries into itself after tribunal approvals, with the merger taking effect from 25 September 2026. Adani Power Ltd...
EPL Eyes Rs 20,000 Cr Revenue in 5 Years via Indovida Merger
EPL Limited aims to double its revenue to Rs 20,000 crore over five years, anchored by its pending merger with Indovida. EPL’s Managing Director and...
Spice Lounge Signs Emulsifier MoU With Indian Emulsifiers
Spice Lounge Food Works has signed an exclusive MoU with Indian Emulsifiers Ltd, projecting Rs 500 crore in revenue potential over three years. The agreement...
Bharat Forge Completes Merger of Two German Subsidiaries
Shares of Bharat Forge Ltd were trading in the red and 1% lower on 11 September after the company announced that it has completed the...
Sun Pharma Stock Slips as Organon Holders Approve Merger
Sun Pharma touched a day high of Rs 1,959.80 on Friday, before slipping into the red, after Organon shareholders approved its buyout. The news behind...
Jana SFB Rises 3% on Stake Sale, Merger Talks
Shares of Jana Small Finance Bank rose on Thursday, hitting a high of Rs 479.50 on reports of a promoter stake sale and merger talks....
VMS TMT Rises on Board Approval for Aditya Ultra Steel Merger
VMS TMT hit a day high of Rs 44.60 on 29 June after its board approved a merger with Aditya Ultra Steel, subject to regulatory...
Devyani International Shares Surge 8% on Merger News; Sapphire Foods Slip 3.75%
Shares of Devyani International Ltd surged 8% on 2nd January, while Sapphire Foods India Ltd fell 3.75%. This occurred after the long-anticipated merger of Yum...
IFCI Shares Skyrocket 15% as Board Approves Merger
Shares of IFCI Ltd skyrocketed 14.7%, reaching an intraday high of Rs 66.79 on the nSE, after the board of directors of the firm approved...