India Merger Acquisition MCA Regulatory Filings — June 01, 2026

01-06-2026

Wipro Limited announced that its step-down subsidiary, Wipro IT Services, LLC, will acquire an additional 20% stake in Aggne Global Inc. for a cash consideration of USD 28.5 million, increasing its shareholding to 80%. The transaction is expected to be completed by June 5, 2026, and aims to strengthen Wipro’s competitive advantage in the Property & Casualty insurance sector through AI and IP-led transformations. Aggne Group has shown consistent revenue growth over the last three fiscal years, from USD 18.9 Mn in FY24 to USD 27.5 Mn in FY26.

• · The initial 60% stake acquisition in Aggne Global IT Services Private Limited and Aggne Global Inc. was completed on February 14, 2024.
• · No government or regulatory approval is required for this additional stake purchase.
• · Aggne Group is an Insurtech company focused on AI and IP-driven services for the Property & Casualty insurance industry.
• · A separate disclosure will be made for any further stake acquisition beyond 80%.

01-06-2026

The filing is a disclosure under SEBI (SAST) Regulations, 2011, Regulation 29(1), for MBL Infrastructure Limited, involving Anjanee Kumar Lakhotia. The filing does not provide any financial details, deal structure, valuation, or strategic rationale. The sector is listed as technology, but the company's name suggests infrastructure operations, creating a potential mismatch. No quantitative data, scheduled events, or forward-looking statements are disclosed.

01-06-2026

Strides Pharma Science Limited has announced that the Scheme of Demerger involving Arco Lab Private Limited and Pivot Path Private Limited became effective on June 1, 2026, following receipt of the certified NCLT order on May 25, 2026. The demerger separates the Identified Business of Arco Lab to Pivot Path, with the order filed with the Registrar of Companies.

• · Certified copy of the NCLT Order was received on May 25, 2026.
• · The Scheme of Demerger became effective from June 1, 2026.
• · The demerger involves the Identified Business of Arco Lab being transferred to Pivot Path.

01-06-2026

Archana Bhuwalka, along with PACs Laxmi Devi Bhuwalka and Balkishan Bhuwalka, acquired a total of 411,396 equity shares of Natura Hue Chem Ltd. on May 29, 2026, representing 9.92% of the diluted voting capital. The acquirers were non-promoters with no prior holding, making this a fresh stake built through off-market transactions.

• · The acquisition occurred off-market, not on the stock exchange open market.
• · Date of acquisition: May 29, 2026; filing date: June 1, 2026.
• · All three individuals are non-promoters; none had any prior shareholding, voting rights, or encumbrances in the target company.
• · No convertible securities, warrants, or other rights were involved; the entire acquisition is of shares carrying voting rights.
• · The total diluted share capital of the target company after the acquisition is ₹4,14,53,000 (41,45,300 equity shares of ₹10 each).
• · The acquisition triggers SEBI Takeover Code disclosure under Regulation 29(1).

01-06-2026

Sunil Purushottanm Agarwal, a promoter group member, acquired 18,00,000 equity shares (0.1979% of diluted capital) of Paisalo Digital Limited on June 1, 2026 via open market purchase. Post-acquisition, his total holding increased from 11,34,73,800 shares (12.4762%) to 11,52,73,800 shares (12.6741%). The acquisition is disclosed under SEBI Takeover Regulations and represents a modest increase in promoter stake.

• · The acquisition was made through open market purchase on June 1, 2026.
• · The acquirer is part of the promoter group.
• · No encumbrance (pledge/lien) was involved in the transaction.
• · The total diluted share capital of the company remains unchanged at ₹90,95,21,874 divided into 90,95,21,874 equity shares.
• · The disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

01-06-2026

The Government of India, acting through the Ministry of Coal, sold 123,279,566 equity shares (2.00% of total paid-up capital) of Coal India Limited via an Offer for Sale (OFS) on the stock exchange mechanism from May 27 to May 29, 2026. The sale reduced the promoter's stake from 63.13% to 61.13%, while the total equity capital remained unchanged at 6,162,728,327 shares. The transaction was executed in compliance with SEBI Takeover Regulations and OFS Guidelines.

• · The OFS was conducted under SEBI Master Circular (SEBI/HO/MRD/PD2/CIR/P/2024/00181 dated December 30, 2024) and respective BSE and NSE OFS circulars.
• · The sale was executed on T day (May 27, 2026) for non-Retail Investors and on T+1 day (May 29, 2026) for Retail Investors, Employees, and non-Retail Investors carrying forward un-allotted bids.
• · The promoter's shareholding decreased by 123,279,566 shares (2.00% of total capital), with no encumbrances or other instruments involved.
• · The total voting capital of the company remained unchanged at 6,162,728,327 shares (face value ₹10 per share).
• · The filing was made under Regulation 29(2) of SEBI Takeover Regulations, within 2 working days of the closure of the OFS.

01-06-2026

Astra Microwave Products Limited has informed the stock exchanges that its Board of Directors will meet on June 10, 2026, to consider a business restructuring under Sections 230-232 of the Companies Act, 2013. The agenda includes a draft Scheme of Arrangement for the demerger of the company into Astra Microwave Products Limited and Astra Space Technologies Private Limited. This is a preliminary intimation of the board meeting and does not contain any financial results or performance data.

• · Board meeting scheduled for Wednesday, June 10, 2026.
• · The restructuring involves a demerger between Astra Microwave Products Limited and Astra Space Technologies Private Limited.
• · The filing is made under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• · The company is certified under ISO 9001, ISO 14001, ISO 45001, and ISO 27001.
• · The company has multiple manufacturing units and an R&D centre located in Telangana and Karnataka.

01-06-2026

Jash Engineering Limited filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, regarding Tushar Kharpade. The filing is a regulatory disclosure of a substantial acquisition of shares, but no specific deal structure, valuation, or strategic rationale is provided. The filing lacks quantitative data on transaction value, share count, or financial metrics, making it purely informational with no actionable investment signal.

• · The filing is a disclosure under Regulation 29(2) of SEBI SAST Regulations, indicating a substantial acquisition of shares by Tushar Kharpade in Jash Engineering Limited.
• · No details on the number of shares acquired, acquisition price, or resulting shareholding percentage are provided in the filing summary.

01-06-2026

Pawan Kumar Modi, a promoter of National General Industries Ltd., proposes to acquire 9,99,515 equity shares (22.30% of total equity) from his brother Ashok Kumar Modi as a gift, increasing his stake from 13.87% to 36.16%. The transaction is exempt from open offer under SEBI Takeover Regulations as an inter-se transfer among immediate relatives. This follows a prior gift acquisition of 3,49,786 shares (6.33%) in September 2025, which increased his stake from 4.91% to 11.24% at that time.

• · The proposed acquisition is exempt from open offer under Regulation 10(1)(a)(i) of SEBI Takeover Regulations as an inter-se transfer among immediate relatives.
• · The transfer is without consideration (gift) based on natural love and affection.
• · The proposed date of acquisition is on or after 8th June, 2026.
• · In September 2025, Pawan Kumar Modi acquired 3,49,786 shares (6.33%) via gift from Sangeeta Modi (2,70,976 shares) and Shakuntla Modi (78,810 shares).
• · After the proposed acquisition, Ashok Kumar Modi will hold 0% of the company.
• · The total equity share capital is ₹5,53,02,590 comprising 55,30,259 equity shares of ₹10 each.

01-06-2026

The filing under SEBI SAST Regulation 29(2) confirms that Counter Cyclical Investment Pvt Ltd has acquired a substantial stake in Evans Electric Ltd, triggering disclosure requirements. However, the filing contains no information on deal size, valuation, swap ratio, strategic rationale, or financial details—only the entity acting as acquirer is named. Without quantitative data or context on pricing, premium, or intent, the impact on shareholders remains unclear.

• · Filing is a regulatory disclosure under SEBI SAST Regulation 29(2) – no financial data or deal structure details provided.
• · Acquirer is Counter Cyclical Investment Pvt Ltd; target is Evans Electric Ltd (BSE: 542668), a technology sector company.
• · No information on promoter stake changes, FII/DII holdings, or valuation metrics is available in this filing.

01-06-2026

Promoter Gattu Gnana Prakash and PAC Arati Gattu acquired 150,000 equity shares in Novelix Pharmaceuticals on May 29, 2026, via conversion of warrants issued through preferential allotment. Post-acquisition, the promoter group's total shareholding (including outstanding warrants) increased from 1.66% to 2.09% of the voting capital, while the company's equity capital expanded to ₹238,950,000 (23,895,000 shares). However, the promoter group's voting rights remain modest at 2.09%, and Neha Gattu still holds 100,000 warrants (0.42% diluted) not yet converted.

• · Neha Gattu continues to hold 100,000 warrants (0.42% diluted) not yet converted into equity shares.
• · The company's total diluted share capital (including warrants) stands at ₹272,700,000 representing 23,895,000 equity shares and 33,75,000 outstanding convertible warrants.
• · The acquisition was made pursuant to conversion of warrants issued through preferential allotment.
• · Before acquisition, Gattu Gnana Prakash held 350,000 shares (1.66%), Arati Gattu held 0 shares, and Neha Gattu held 0 shares.

01-06-2026

Loka Properties Pvt Ltd has disclosed acquisition of shares in RDB Infrastructure and Power Ltd under SEBI SAST Regulation 29(1). The filing is a regulatory disclosure with no financial details, deal rationale, or valuation metrics provided.

01-06-2026

Umiya Holding Private Limited, a promoter group entity, acquired 5,500 equity shares (0.03% of voting capital) of Umiya Buildcon Limited (formerly MRO-TEK Realty Limited) via open market purchase on June 1, 2026. Post-acquisition, the promoter group's total holding increased marginally from 38.24% to 38.27% of the total diluted share capital.

• · The acquisition was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• · The acquirer, Umiya Holding Private Limited, is confirmed as part of the Promoter/Promoter group.
• · No warrants, convertible securities, or encumbered shares were involved in this transaction.
• · The total diluted share capital of the target company remained unchanged at 1,86,84,602 shares before and after the acquisition.

01-06-2026

Hardik Desai Family Trust, a Promoter Group entity of Trident Lifeline Limited, made a disclosure under SEBI Takeover Regulations for the acquisition of 10,00,000 equity shares via open market purchase on 05.06.2026. Post-acquisition, the Trust's holding increased from 7.07% to approximately 7.14% of the company's voting capital, with total shares held rising from 8,44,766 to 8,54,766.

• · Acquisition executed via open market purchase on 05.06.2026
• · Total consideration for the acquisition: ₹1,19,33,000 (at market price) / ₹1,24,93,400 (as per filing)
• · Hardik Desai Family Trust is categorized as Promoter group
• · Disclosure made under Regulation 29(2) of SEBI (SAST) Regulations, 2011

01-06-2026

The filing is a disclosure under SEBI (SAST) Regulations, 2011, Regulation 29(1), for Subhash Phootarmal Rathod and Mangala Rathod. No specific deal structure, valuation, or strategic rationale is provided in the disclosure. The event is purely a regulatory filing with no financial or operational details disclosed.

01-06-2026

The filing is a disclosure under Regulation 10(5) of SEBI (SAST) Regulations, 2011, regarding an acquisition under Regulation 10(1)(a). No specific financial or strategic details are provided beyond the regulatory compliance.

01-06-2026

Adani Energy Solutions Limited has incorporated seven wholly owned subsidiaries in India on June 1, 2026, each with a paid-up share capital of ₹5,00,000 (50,000 equity shares of ₹10 each). The subsidiaries are named Sunrays Step I–III Limited and Arasan Step I–IV Limited, and are intended to carry on the business of electricity generation, transmission, and distribution. No governmental or regulatory approvals were required for this incorporation.

• · The subsidiaries were incorporated under the Companies Act, 2013, with intimation received by the company on June 1, 2026 at 3:55 PM IST.
• · All seven subsidiaries are 100% owned by Adani Energy Solutions Limited.
• · The subsidiaries are classified under the Electric Utilities industry.
• · No governmental or regulatory approvals were required for the incorporation.

01-06-2026

Emami Limited has completed the acquisition of a 59.69% stake (2,05,767 equity shares) in IncNut Digital Private Limited, making IncNut a subsidiary effective June 1, 2026. The remaining 0.31% stake (1,064 equity shares) is yet to be acquired as per the Share Subscription and Purchase Agreement. No financial terms or performance metrics were disclosed in this filing.

• · The acquisition was completed on June 1, 2026, following a prior intimation dated May 7, 2026.
• · The remaining 0.31% stake (1,064 equity shares) will be acquired as per the Share Subscription and Purchase Agreement.
• · No financial details (consideration, valuation, revenue, etc.) were provided in this filing.

01-06-2026

One 97 Communications Limited, through its wholly owned subsidiary Paytm Cloud Technologies Limited, completed an additional investment of EUR 9 million (₹82.1 Crore) in its step-down wholly owned subsidiary Paytm Europe Payments S.A. by subscribing to 9 million equity shares of EUR 1 each. This investment follows the proposed investment disclosed on May 25, 2026, and is aimed at strengthening Paytm's European operations.

• · The investment was completed on June 01, 2026, at 03:27 p.m. (IST).
• · Paytm Europe Payments S.A. is a step-down wholly owned subsidiary of One 97 Communications Limited.
• · The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• · The disclosure is hosted on the company's website at https://ir.paytm.com/.

01-06-2026

TECIL Chemicals and Hydro Power Ltd. has received a compensation amount of ₹27,15,890 (approx. ₹27.16 Lakhs) from the Sub Court, Kottayam, for the acquisition of 25.48 cents of its land by the State Government for the MC Road expansion project. The compensation amount was released after being deposited by the Special Tahsildar, Land Acquisition, and follows up on a prior disclosure made on August 05, 2023. This is a non-operational, one-time capital inflow with no direct revenue impact from core business operations.

• · The compensation amount was deposited before the Sub Court, Kottayam, and subsequently released in favour of the Company.
• · The company had previously disclosed the deposit of compensation by the Special Tahsildar, Land Acquisition (General), Kottayam on August 05, 2023.
• · The land acquisition pertains to 25.48 cents of land for the State Government's MC Road expansion project.
• · The event is a non-core, one-time capital receipt, not related to the company's regular business operations or revenue generation.

01-06-2026

The filing is a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, regarding a substantial acquisition of shares in Swojas Foods Limited by Jhaveri Trading & Investment Pvt Ltd. The filing does not provide any financial details, deal size, valuation, or strategic rationale. The sector is listed as technology, which appears inconsistent with the company name (Swojas Foods Limited). No quantitative data, scheduled events, or shareholder impact details are disclosed.

• · Filing is under SEBI SAST Regulation 29(2), which requires disclosure when an acquirer crosses certain shareholding thresholds (typically 5%, 10%, 14%, 54%, 74%).
• · The sector is listed as 'technology' but the company name is 'Swojas Foods Limited', suggesting a possible data inconsistency or diversification.
• · No details on the number of shares acquired, price, or resulting shareholding percentage are provided in the filing summary.

01-06-2026

Solidarity Advisors Private Limited, acting as the Investment Manager for its PMS and AIF clients, has increased its stake in Synergy Green Industries Ltd from 7.89% to 10.01% through open market purchases. The acquisition of 329,227 equity shares (2.12% of total voting capital) was executed via a series of trades between February 17 and May 29, 2026, crossing the 10% threshold. The acquirer is not part of the promoter/promoter group, and no shares were encumbered at any point.

• · The acquisition was made through open market purchases over approximately 3.5 months (Feb 17 to May 29, 2026).
• · No shares were held as encumbrance (pledge/ lien/ non-disposal undertaking) before, during, or after the acquisition.
• · The acquirer's holding crossed the 10% threshold (from 7.89% to 10.01%), triggering disclosure under Regulation 29(2) of SEBI (SAST) Regulations.
• · The filing was made on June 1, 2026, within the prescribed timeline.

01-06-2026

Neo Infracon Ltd. filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, regarding Bhavik N Mehta. The filing is a procedural compliance document with no financial details, deal structure, or strategic rationale disclosed. No quantitative data, named entities beyond the acquirer, or scheduled events are provided.

01-06-2026

Euro Pratik Sales Limited received a disclosure under SEBI Takeover Regulations regarding an acquisition of 63,815 shares (0.07% of voting capital) by Jai Gunvantraj Singhvi (Acquiror) and Persons Acting in Concert via open market purchase on May 29, 2026. Post-acquisition, the combined holding of the group increased from 71.75% to 72.72% of the total voting capital. The acquisition is marginal in size and does not trigger any change in control.

• · The acquisition was made via open market purchase on May 29, 2026.
• · The acquirer group's total holding increased from 73,324,103 shares (71.75%) to 74,316,242 shares (72.72%).
• · Jai Gunvantraj Singhvi's individual holding increased from 5,729,374 shares (5.60%) to 5,793,189 shares (5.67%).
• · No change in the company's equity share capital of ₹10,22,00,000 divided into 10,22,00,000 equity shares of Re. 1 each.
• · Several PACs (e.g., Advita Pratik Singhvi, Aadhya Pratik Singhvi, Uttam Bhurmal Jain, etc.) hold zero shares before and after the acquisition.

01-06-2026

AAB Business Trust, a promoter group entity of Clean Science and Technology Limited, has announced a proposed inter-se transfer of 1,01,00,000 equity shares (9.50% of share capital) from Mrs. Asha Ashok Boob via a gift deed, with no consideration involved. The transaction is exempt from an open offer under SEBI (SAST) Regulations and is intended to streamline the family's assets and businesses. Post-transfer, the aggregate promoter holding remains unchanged, but Mrs. Asha Ashok Boob's stake will drop from 9.60% to 0.09%, while AAB Business Trust's stake will rise from 0.00% to 9.50%.

• · The proposed transaction date is on or after June 5, 2026.
• · The transfer is an off-market inter-se transfer by way of a Gift Deed, with no consideration involved.
• · The exemption is claimed under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations, 2011.
• · The filing also notes an additional proposed inter-se transfer where Mrs. Asha Ashok Boob will receive a gift of 8,38,000 shares from Mrs. Nilima Krishnakumar Boob, increasing her total shareholding to 9,36,392 shares (0.088% of total share capital) upon completion.
• · The aggregate holding of the Promoter and Promoter Group remains unchanged before and after the transaction.

01-06-2026

Hemant Surgical Industries Limited has completed the acquisition of Lifesenz Cancer Research Labs Private Limited, making it a subsidiary effective June 1, 2026. The acquisition was previously intimated on May 27, 2026, and this filing serves as the completion update. No financial details or performance metrics were disclosed in this filing.

• · The acquisition was completed on June 1, 2026, following an earlier intimation on May 27, 2026.
• · Lifesenz Cancer Research Labs Private Limited is based in Mumbai.
• · The company's scrip code is 543916 on BSE.

01-06-2026

UPL Limited announced that its step-down subsidiary, Advanta Seed International (Mauritius), acquired 100% of Advanta Investment Limited, a newly incorporated Cayman Islands entity focused on distribution and investment. The acquisition was completed on May 28, 2026, for a cash consideration of US$1, and is not a related party transaction. Advanta Investment will identify and invest in technology and IP ventures related to the seeds business.

• · Advanta Investment Limited was incorporated on May 28, 2026, in the Cayman Islands.
• · The acquisition was completed on the same day as incorporation (May 28, 2026).
• · No governmental or regulatory approvals were required for the investment.
• · The target entity is newly incorporated with no turnover history.
• · UPL holds 78.21% in Advanta Enterprises Limited, the parent of the acquiring subsidiary.