Emami’s subsidiary acquires 7.54% stake in Loli Beauty Inc
Emami’s subsidiary has acquired 7.54% stake in the US-based organic personal care firm, Loli Beauty Inc by investing USD 5.65 lakh. In a regulatory filing...
Tag : subsidiary
Poly Medicure’s subsidiary acquires 82% stake in Plan 1 Health SRL
Poly Medicure’s subsidiary Poly Medicure BV, Netherlands has entered into a share purchase agreement with Plan 1 Health SRL, Italy to acquire its 82% share capital....
IIFL’s subsiday acquires 4% stake in Lakshmi Vilas Bank
IIFL’s subsidiary India Infoline Investment Services, has acquired over 4% stake in Lakshmi Vilas Bank for Rs.106 crore, via an open market transaction. As per the bulk...
Cox & Kings subsidiary receives NBFC license from RBI
Cox & Kings subsidiary has received non-banking finance company (NBFC) license, from the Reserve Bank of India (RBI). The company stated, “Reserve Bank of India (RBI)...
Hindalco’s subsidiary to double automotive aluminium capacity in China
Hindalco Industries subsidiary Novelis, to double its automotive aluminum capacity in China. In a filing the company stated, “Novelis Inc, the world leader in aluminum...
Century Plyboards divests entire stake in its step down subsidiary
Century Plyboards subsidiary Century Ply Singapore Pte, has written-off its entire investments in its subsidiary, P T Century Ply Indonesia. The company stated that, P T Century...
Binani Industries files application to terminate CIRP of its subsidiary
Binani Industries, has filed an application to terminate company insolvency and resolution proceedings (CIRP) of its subsidiary, Binani Cement (BCL). The company has also received an...
Phoenix Mills buys stake in subsidiary company
Phoenix Mills has bought 22.67% stake in its subsidiary company. This move is a part of company’s objective of consolidating its holding in its existing...
L&T to sell its subsidiary for Rs.522 crore to ESAB Holdings
Larsen & Turbo (L&T), has entered into a definitive agreement for Rs.522 crore, with ESAB Holdings Ltd, to sell its total stake in wholly owned arm...
IL&FS Transportation subsidiary refinances Rs 1,730 crore debt
IL&FS Transportation Networks Ltd‘s subsidiary Jharkhand Road Projects Implementation Company Ltd has re-financed debt of Rs 1,730 crore by issuing non-convertible debentures (NCDs). IL&FS Transportation...