Hot Deals:
a v thomas 13,300.00 (1.53 %) adtech 27.05 (0.19 %) agarwal bolts 1,210.00 (0.75 %) amol minechem 620.00 (1.64 %) anand i-power 20.00 anglo french 370.00 (-2.37 %) api holdings ltd 24.10 (0.42 %) arkfin investments 50.00 arohan 170.00 (-0.58 %) assam carbon 208.00 (-0.95 %) associated pigments 42.01 (0.02 %) atlas copco 10,000.00 (1.01 %) auckland international 129.00 (-0.77 %) axles 181.00 (0.56 %) b9 beverages limited 691.00 (-1.29 %) balmer lawrie 197.00 (-1.50 %) bharat hotels 150.00 (0.67 %) bima mandi 700.00 c & s electric 471.00 (0.21 %) capgemini 9,900.00 (-1.00 %) care health 143.00 (-0.69 %) carrier aircon 260.00 (1.96 %) cial 174.00 (-0.57 %) csfbl 321.00 (0.31 %) csk 163.00 (-2.98 %) dalmia refract 118.00 (-1.67 %) dsp merrill lynch 1,000.00 east india pharma 43.90 (-0.23 %) eaton fluid 415.00 (0.24 %) electronica plastic 4,110.00 (0.24 %) elgi ultra 400.00 elofic 1,925.00 (0.84 %) esl steel 36.00 (-2.70 %) fincare business 43.00 fincare sfbl 191.00 (0.53 %) fino paytech 149.00 (-0.67 %) flipkart india 231,001.00 (0.00 %) frick india 2,710.00 (0.37 %) gkn drive 1,111.00 (1.00 %) go digit general insurance ltd 354.00 (1.14 %) godavari bio 71.00 (1.43 %) hdbfsl 630.00 (1.61 %) hdfc ergo 370.00 (1.70 %) hdfc securities 11,500.00 (1.50 %) hella india 380.00 (1.33 %) hero fincorp 840.00 (-1.18 %) hicks 1,710.00 (0.59 %) hira ferro 120.00 (-0.83 %) honeywell electrical 3,333.00 (-1.97 %) icex 0.10 (-0.10 %) imagine marketing 800.00 (-1.84 %) incred financial 100.00 india carbon 945.00 (-0.53 %) india exposition 144.00 (-1.37 %) indian potash 1,600.00 (-1.84 %) indofil 710.00 (-2.34 %) infinite computer 700.00 inkel 12.00 (-1.64 %) ixigo 80.00 (1.27 %) jana sfbl 75.00 kel 540.00 (1.89 %) kial 105.00 (-1.87 %) kurlon limited 310.00 (1.31 %) lava 111.00 (0.91 %) manipal housing 72.50 (0.69 %) manjushree tech 900.00 (-1.10 %) martin & harris 1,170.00 (-2.50 %) merino 2,600.00 (-3.70 %) minosha 282.00 (0.71 %) mitsubishi heavy 355.00 (1.43 %) mkcl 304.00 (-0.65 %) mobikwik 390.00 (-2.50 %) mohan meakin 1,330.00 (0.38 %) mohfl 8.10 (1.25 %) msei 1.00 (1.01 %) msil 57.00 (1.79 %) nayara energy 150.00 (-1.32 %) nayara energy ncd 255.00 (-1.92 %) ncdex 275.00 ncl buildtek 180.00 (2.86 %) ncl holdings 53.00 (1.92 %) nse 3,100.00 (-0.80 %) oravel stays limited 64.00 (-1.54 %) orbis financial 81.00 (1.25 %) oswal minerals 65.00 (1.56 %) otis 3,600.00 (-2.70 %) panasonic appliances 295.00 (0.68 %) panasonic avc 29.10 (0.34 %) paymate india 584.00 (0.69 %) philips 979.00 (-1.11 %) philips domestic 569.00 (-0.18 %) pnb metlife 70.00 proyuga adtech 25.00 purity flexpack 20.00 ramaraju surgical 306.00 (-2.24 %) rasoi 31,500.00 (0.32 %) reliance gic 340.00 resins plastics 414.00 (1.97 %) ring plus 404.00 (-0.25 %) rrl 2,280.00 (-0.87 %) sab miller 305.00 (0.66 %) sbi funds 880.00 (-2.22 %) scottish assam 443.00 (-1.56 %) shriram life 261.00 (0.38 %) sigachi lab 40.10 (0.25 %) signify 1,161.00 (0.96 %) simpson & company 3,500,000.00 smile micro 52.00 (-1.89 %) sportskeeda 3,303.00 sterlite power 430.00 (1.18 %) studds 850.00 (-2.30 %) svsml 430.00 (-2.27 %) t stanes 729.00 (1.25 %) tata capital 56.00 (1.82 %) tata tech 840.00 (0.60 %) teesta agro 81.00 (1.25 %) trl krosaki 1,200.00 (-1.96 %) utkarsh coreinvest 137.00 (0.74 %) vikram solar 55.50 (-0.89 %)
×

Mergers and Amalgamations of Companies in India

Overview


Mergers and amalgamations are two of the most significant corporate restructuring activities that happen in the Indian corporate sector. Both mergers and amalgamations result in the combination of two or more companies into a single entity, but they differ in the manner in which they are executed.

Differences between Mergers and Amalgamations>

Definition: Mergers refer to the combination of two or more companies into a single entity, where one of the companies is absorbed by the other. On the other hand, amalgamations refer to the combination of two or more companies into a single entity, where both companies lose their separate legal identity and form a new entity.

  • Approval Process: Mergers require the approval of the shareholders of both companies and the Competition Commission of India (CCI). Amalgamations, on the other hand, Amalgamation require the approval of the shareholders of both companies, the CCI, and the Ministry of Corporate Affairs.
  • Transfer of Assets and Liabilities: In a merger, the assets and liabilities of the merged company are transferred to the surviving company. In an amalgamation, the assets and liabilities of both companies are combined to form the assets and liabilities of the newly formed entity.
  • Taxation: Mergers are taxed as capital gains or share exchanges, while amalgamations are taxed as a transfer of a capital asset.
  • Continuity of Business: In a merger, the surviving company continues the business of the merged company, while in an amalgamation, the newly formed entity continues the business of both the merging companies.

Examples of Mergers and Amalgamations in Indian Companies

  • Vodafone-Idea: In 2018, Vodafone India and Idea Cellular merged to form Vodafone Idea Limited. The merger created India’s largest telecom company with a subscriber base of over 408 million.
  • SBI-Associate Banks: In 2017, the State Bank of India merged with its five associate banks and Bharatiya Mahila Bank to form the country’s largest lender.
  • Axis Bank-Enam Securities: In 2010, Axis Bank acquired Enam Securities, a leading investment bank in India, in a merger deal worth $395 million.
  • Kotak Mahindra Bank-ING Vysya Bank: In 2014, Kotak Mahindra Bank acquired ING Vysya Bank in a merger deal worth $2.4 billion, making it one of the largest in-market bank mergers in India.
Company Name Merged/Amalagameted with Merger/Amalgamation Date Merger/Amalgamation Ratio
Ambuja Cement Eastern Limited Gujarat Ambuja Cement Ltd 01/012006 5:4
Ambuja Cement Rajasthan Limited Gujarat Ambuja Cement Limited 22/12/2001 50:1
American Remedies Limited Dr. Reddy's Laboratories Limited 01-04-1999 12:1
Andhra Valley Power Supply Company Limited Tata Power Company 14-06-2000 5:4
Aricent Technologies Holdings Limited Capgemini India 20-02-2023 1:17
Aristocrat Luggage Limited VIP Industries Limited 12-01-2007 2:1
Ashok Leyland Finance Limited IndusInd Bank Limited 11/06/2004 4:9
Asian Coffee Limited Consolidated Coffee Limited 01/04/1998 6:1
Aztecsoft Limited Mindtree Limited 01/04/1999 12:1
Bajaj Hindusthan Sugar and Industries Limited Bajaj Hindusthan Limited 31/12/2010 5:1
Bank of Madura Limited ICICI Bank Limited 01/02/2001 1:2
Bank of Punjab LImited Centurion Bank Limited 29/06/2005 4:9
Bank of Rajasthan Limited ICICI Bank Limited 18/05/2010 118:25
Bell Ceramics Limited Orient Ceramics and Industries Limited 30/03/2012 4:1
Birla Global Finance Limited Aditya Birla Nuvo Limited 17/07/2006 3:1
Blow Plast Limited V.I.P Industries Limited 01/01/2006 1:1
Centurion Bank of Punjab Limited HDFC Bank Limited 16-06-2008 1:29
Cheminor Drugs Limited Dr. Reddy's Laboratories Limited 29/12/2000 9:25
Farm Enterprises Limited Reliance Industries Limited 15/04/2016 1 : 1
Reach out to us @0731-4025544, 0731-4025545, +91-9669999444, +91-7999252591.
Our expert would be happy to provide you personal assistance for your queries.
Support Megha Support Neha