Hot Deals:
adtech 69.00 (-1.43 %) agarwal bolts 1,200.00 (0.00 %) amol minechem 601.00 (0.17 %) anand i-power 20.00 anglo french drugs 745.00 (-0.67 %) apl metals 40.00 (-2.44 %) arkfin investments 50.00 arohan 150.00 (3.45 %) assam carbon 220.00 (2.33 %) auckland international 129.00 (-0.77 %) av thomas 16,800.00 (0.00 %) axles 560.00 (5.66 %) balmer lawrie 202.00 (1.00 %) bharat hotels 330.00 (1.54 %) bima mandi 235.00 (-2.08 %) bira 550.00 (-1.79 %) boat 1,325.00 (-1.85 %) c & s electric 700.00 (0.72 %) cable corporation 13.00 (-0.76 %) capgemini 11,500.00 (0.88 %) care health 193.00 (-1.03 %) carrier aircon 510.00 (-1.92 %) cial 285.00 (1.79 %) csk 174.00 (-1.14 %) dalmia refract 260.00 (1.96 %) dfm foods 467.00 dsp merrill lynch 1,000.00 east india pharma 39.00 (-2.50 %) eaton fluid 440.00 (3.53 %) electronica plastic 2,100.00 (-0.99 %) elgi ultra 400.00 elofic 2,050.00 (-0.97 %) esl steel 47.00 (2.17 %) fincare business 72.00 (2.86 %) fincare sfbl 202.00 (1.00 %) finopaytech 150.00 (-2.60 %) flipkart india 231,001.00 (0.00 %) frick india 15,750.00 (99,900.00 %) gkn driveline 1,325.00 (-0.38 %) godavari bio 71.00 (1.43 %) goodluck defence 225.00 (-2.17 %) group pharma 300.00 gynofem healthcare 70.00 (-4.11 %) hdb financial 1,050.00 (-0.47 %) hdfc ergo 370.00 (1.70 %) hdfc securities 11,300.00 (-1.74 %) hella india 810.00 (1.25 %) hero fincorp 1,800.00 (0.28 %) hexaware 1,111.00 (1.00 %) hicks 1,450.00 (2.11 %) hira ferro 180.00 (2.86 %) honeywell electrical 4,800.00 (2.13 %) ikf finance 312.00 (0.65 %) incred financial 10.00 (1.01 %) incred holdings 165.00 (3.13 %) india carbon 1,155.00 (-1.70 %) india exposition 120.00 (-4.00 %) indian potash 3,100.00 (-1.59 %) indo alusys 25.75 (-0.96 %) indofil 840.00 (0.60 %) infinite computer 405.00 (1.25 %) inkel 19.90 (-0.50 %) ixigo 137.00 (-2.14 %) jana small finance bank 75.00 kel 610.00 (-2.40 %) kial 126.00 (-1.56 %) klm axiva 16.00 (8.47 %) kurlon limited 1,255.00 (0.40 %) lava 50.00 (-3.85 %) mahindra rural mrhfl 100.00 manipal housing 74.00 (2.07 %) manjushree technopack 2,900.00 (23.40 %) martin & harris 1,025.00 (-0.49 %) merino 3,300.00 (-0.30 %) minosha 282.00 (0.71 %) mitsubishi heavy 207.00 (-0.48 %) mkcl 420.00 (-2.33 %) mobikwik 540.00 (-1.82 %) mohan meakin 1,900.00 (-1.30 %) mohfl 13.00 (-1.89 %) msei 1.15 (-4.17 %) msil 35.00 (-2.78 %) nayara energy 560.00 (1.82 %) nayara energy ncd 315.00 (3.28 %) ncdex 275.00 ncl buildtek 280.00 (1.82 %) ncl holdings 89.00 (-1.11 %) nsdl 825.00 (1.85 %) nse 6,000.00 (3.45 %) orbis financial 280.00 (-1.75 %) oswal minerals 60.10 (-1.48 %) otis 3,700.00 (-0.67 %) oyo 36.00 (-2.70 %) panasonic appliances 225.00 (6.64 %) paymate india 520.00 (-0.95 %) pharmeasy 9.50 (-2.06 %) pharmed limited 480.00 (2.13 %) philips domestic 680.00 (-2.86 %) philips india 910.00 (-1.09 %) pnb metlife 70.00 proyuga adtech 25.00 purity flexpack 20.00 ramaraju surgical 260.00 (-3.70 %) rapido 16,650.00 (0.03 %) rasoi 31,500.00 (0.32 %) reliance gic 480.00 (1.05 %) resins plastics 410.00 (1.49 %) ring plus aqua 530.00 (0.95 %) rrl 1,275.00 (2.00 %) rrp s4e innovation 295.00 (1.72 %) sab miller 410.00 (1.49 %) sbi amc 1,880.00 (1.62 %) sbi general insurance 620.00 (3.33 %) scottish assam 440.00 (-1.35 %) shriram life 261.00 (0.38 %) sigachi laboratories 36.00 (-2.70 %) signify 1,400.00 (-0.36 %) smile microfinance 55.00 (1.85 %) sportskeeda 3,303.00 sterlite power 650.00 (2.36 %) studds 930.00 (-4.12 %) svsml 315.00 (2.94 %) swiggy 350.00 (1.45 %) t stanes 770.00 (1.99 %) tata capital 1,000.00 (1.01 %) teesta agro 77.00 (-6.21 %) trl krosaki 1,275.00 (-1.16 %) urban tots 90.00 (4.65 %) utkarsh coreinvest 300.00 (3.45 %) vadilal dairy 10.00 vikram solar 230.00 (-0.86 %) vivriti capital 1,100.00 waree energies 2,200.00 (1.38 %)
×

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
S and S Power Switchgears Ltd
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