Executive Summary
This digest of 50 MCA-related filings reveals a market dominated by routine promoter stake adjustments and regulatory disclosures, with only a handful of high-impact strategic transactions.
The most significant development is the proposed Devyani International-Sapphire Foods scheme of arrangement, which has cleared a key regulatory hurdle (NSE/BSE observation letters) but requires CCI approval, marking a potential consolidation in the QSR sector. A major negative signal is the near-total exit of promoter Arnita Poddar from Mayur Leather Products (sold 12.41% stake, reducing holding to just 1.78%), indicating severe distress. On the positive side, a Category II AIF (Sixth Sense India Opportunities IV) has taken a substantial 16.44% stake in AVG Logistics, signaling institutional confidence in the logistics sector. HCL Tech's $150M minority investment in Sarvam AI at a $1.5B valuation highlights a strategic push into the high-growth AI/agentic AI space, though Sarvam's revenue base is still nascent (₹45 Cr in FY2026). The period-over-period data is sparse, but where available, it shows mixed trends: Jubilant FoodWorks' Sri Lankan subsidiary saw turnover surge 60% YoY but remained loss-making, while Edument Consultancy (target of Crizac's investment) saw a 4.7% revenue decline. Insider activity is largely neutral, with small, routine promoter purchases and sales, except for the Mayur Leather and AVG Logistics events. The overall theme is one of caution, with a few high-conviction bets by strategic investors and AIFs.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: M&A · Company update
Tracking the trend? Catch up on the prior India Merger Acquisition MCA Regulatory Filings digest from June 13, 2026.
Investment Signals (11)
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Proposed scheme of arrangement received NSE/BSE observation letters (June 12, 2026), a critical milestone. The scheme includes a secondary sale of up to 18.5% of Sapphire's shares by Sapphire Foods Mauritius to Arctic International. CCI approval is a key condition precedent. [BULLISH for consolidation play]
- AVG Logistics ↓ (BULLISH)▲
Sixth Sense India Opportunities IV (Category II AIF) and PACs acquired a 16.44% stake (30.76 lakh shares) via rights issue and open market, increasing total holding to 18.36%. This is a high-conviction institutional bet on the logistics sector.
- Mayur Leather Products ↓ (BEARISH)▲
Promoter Arnita Poddar sold 6,00,000 shares (12.41% of total capital) in a single day (June 12, 2026), reducing her stake from 14.19% to 1.78%. This is a near-total exit and a severe distress signal.
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Invested INR 1,427 Cr ($150M) for a 10.46% stake in Sarvam AI at a $1.5B valuation. Sarvam's revenue grew from ₹1.5 Cr (FY2025) to ₹45.1 Cr (FY2026), showing high growth from a tiny base. The investment targets agentic AI and cybersecurity, a strategic pivot. [BULLISH for long-term AI exposure]
- GMR Power and Urban Infra ↓ (BEARISH)▲
Debenture Trustee pledged an additional 12.97 Cr shares (16.60% of voting capital) on June 11, 2026, increasing total encumbered holdings to 26.85%. This signals significant debt-financing activity and potential financial stress.
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Completed amalgamation with Kunal Plastics, allotting 13 lakh shares at a 52:1 swap ratio. Post-transaction, promoter group holding surged from 64.84% to 74.45%, indicating strong consolidation and potential for future value unlocking. [BULLISH for promoter confidence]
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Invested INR 19 Cr in its Sri Lankan subsidiary via OCPS. The subsidiary's turnover grew 60% YoY (to LKR 443 Cr) but remained loss-making (LKR 40 Cr loss). The investment funds expansion, but profitability is a key risk. [NEUTRAL/MIXED]
- GRM Overseas ↓ (BULLISH)▲
Promoter Atul Garg acquired 4.5 lakh shares (0.22% of voting rights) via open market on June 12, 2026, increasing promoter group holding to 62.98%. A small but positive signal of promoter commitment.
- Crizac Limited ↓ (BEARISH)▲
Invested ₹1.25 Cr in Edument Consultancy for a 37.41% stake. Edument's revenue declined 4.7% YoY (FY2025) and it reported a net loss of ₹71.87 Lakhs. The investment is in a loss-making, declining-revenue company.
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NCLT-approved scheme of arrangement with lenders is progressing. Three remaining lenders agreed in principle to a 60-day extension, indicating progress in debt resolution. [BULLISH for turnaround]
- Paisalo Digital ↓ (NEUTRAL)▲
Promoter entity released 50 lakh shares from pledge (0.55% of capital), but overall promoter encumbrance remains high at 33.10% of promoter holding. New pledges were also created, indicating ongoing financing activity.
Risk Flags (9)
- Mayur Leather Products / Promoter Exit↓ [HIGH RISK]▼
Promoter Arnita Poddar sold 12.41% of the company's total capital in a single day, reducing her stake from 14.19% to 1.78%. This is a massive red flag for corporate governance and business viability.
- GMR Power and Urban Infra / Pledge Increase↓ [HIGH RISK]▼
An additional 16.60% of voting capital was pledged on June 11, 2026, bringing total encumbered shares to 26.85%. This high level of pledge signals potential debt servicing stress.
- Jubilant FoodWorks / Subsidiary Losses↓ [MEDIUM RISK]▼
The Sri Lankan subsidiary, despite 60% YoY revenue growth, reported a net loss of LKR 40 Cr in FY2026. The INR 19 Cr investment may not yield near-term returns.
- Crizac Limited / Investment in Loss-Making Firm↓ [MEDIUM RISK]▼
Crizac invested in Edument Consultancy, which reported a 4.7% revenue decline and a net loss of ₹71.87 Lakhs in FY2025. The investment thesis is unclear and carries high execution risk.
- Multiple Filings / Lack of Deal Transparency [MEDIUM RISK]▼
At least 10 filings (e.g., Atvo Enterprises, Aion-Tech, H.P. Cotton Textile, Poojawestern Metaliks, Kati Patang, Tai Industries, Riba Textiles) are purely regulatory disclosures under SAST with zero details on deal value, share count, or strategic rationale. This opacity creates uncertainty for minority shareholders.
- Paisalo Digital / High Promoter Encumbrance↓ [MEDIUM RISK]▼
Despite some pledge releases, overall promoter encumbrance stands at 33.10% of promoter shareholding. New pledges were created in May-June 2026, indicating continued reliance on debt financing.
- Ajanta Pharma / New Pledge Creation↓ [LOW-MEDIUM RISK]▼
Promoter Aayush Agrawal Trust created a pledge on 11.11 lakh shares (0.89% of capital) to secure a new loan from RBL Bank on June 10, 2026. This increases the trust's encumbered shares to 10.05%.
- Maharashtra Seamless / Scheme Delay↓ [MEDIUM RISK]▼
The company announced that its previously approved Scheme of Arrangement (May 22, 2026) is under further review and will be placed before a subsequent board meeting. This indicates a delay or potential renegotiation of the deal.
- Monotype India / Promoter Sale↓ [LOW RISK]▼
Promoter entity Sandeep Ispat Trader LLP sold 10.94 lakh shares (0.16% of capital) on June 12, 2026. While small, it is a promoter sale that warrants monitoring.
Opportunities (8)
- AVG Logistics / Institutional Stake Buildup↓ (OPPORTUNITY)◆
Sixth Sense India Opportunities IV (AIF) acquired a 16.44% stake, taking total holding to 18.36%. This is a strong vote of confidence. Monitor for further open offer or strategic initiatives.
- Ecoplast Ltd / Post-Amalgamation Consolidation↓ (OPPORTUNITY)◆
The amalgamation with Kunal Plastics increased promoter holding from 64.84% to 74.45%. The high swap ratio (52:1) suggests significant value was attributed to Kunal Plastics. The combined entity may see operational synergies.
- HCL Technologies / AI Bet via Sarvam AI↓ (OPPORTUNITY)◆
The $150M investment for a 10.46% stake in Sarvam AI at a $1.5B valuation provides exposure to the high-growth agentic AI market. Sarvam's revenue grew 30x YoY (from ₹1.5 Cr to ₹45.1 Cr).
- Supreme Infrastructure / Debt Resolution Progress↓ (OPPORTUNITY)◆
The NCLT-approved scheme is moving forward, with three remaining lenders agreeing to a 60-day extension. Successful completion could lead to a significant balance sheet cleanup and re-rating.
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The scheme of arrangement, if approved by CCI and NCLT, will create a larger, more efficient QSR entity. The secondary sale by Sapphire Foods Mauritius indicates a potential exit for a major shareholder.
- GRM Overseas / Promoter Buying↓ (OPPORTUNITY)◆
Promoter Atul Garg's open market purchase of 4.5 lakh shares (₹9 Cr approx) is a positive signal of value recognition at current levels.
- Anant Raj Limited / Data Center Expansion↓ (OPPORTUNITY)◆
The incorporation of a Singapore subsidiary for data center and cloud services (including AI) positions the company to capitalize on the growing demand for digital infrastructure in Southeast Asia.
- Getalong Enterprise / Promoter Stake Increase↓ (OPPORTUNITY)◆
Promoter Westpac Investments acquired 3.85 lakh shares at ₹7/share, increasing stake from 38.14% to 39.96%. This is a significant increase at a low absolute price, suggesting undervaluation.
Sector Themes (6)
- QSR Sector Consolidation◆
The Devyani International-Sapphire Foods scheme is the most significant M&A event in the digest. It signals a trend towards consolidation in the Indian QSR space, driven by scale economics and market share battles. The CCI approval will be a key catalyst.
- Logistics & Infrastructure Attracting Institutional Capital◆
The substantial stake acquisition by a Category II AIF in AVG Logistics highlights growing institutional interest in the logistics sector, driven by e-commerce growth and infrastructure spending. This could be a broader sector trend.
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HCL Tech's investment in Sarvam AI and Anant Raj's Singapore data center subsidiary both point to a strategic pivot towards AI and cloud infrastructure. Companies are investing in capabilities beyond traditional IT services.
- Distress Signals in Small-Cap Manufacturing◆
The near-total promoter exit from Mayur Leather Products and the high pledge levels at GMR Power and Paisalo Digital suggest financial stress in certain small-cap manufacturing and infrastructure companies. Investors should be cautious in these segments.
- High Volume of Low-Impact SAST Disclosures◆
A significant portion of the filings (over 15) are routine SAST disclosures with no deal value or strategic detail. This indicates a high level of regulatory compliance activity but low actual M&A deal flow in the broader market.
- Promoter Consolidation via Inter-se Transfers◆
Multiple filings (Time Technoplast, Mid India Industries) involve inter-se transfers among promoters. This is a mechanism for consolidating holdings within promoter families without triggering open offer obligations, often a precursor to future corporate actions.
Watch List (8)
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Watch for CCI approval and subsequent NCLT filing. The scheme must be submitted to NCLT within 6 months of June 12, 2026. Key catalyst for QSR sector.
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Monitor the 60-day extension for the three remaining lenders. Successful debt resolution could be a major positive catalyst.
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Watch for any open offer announcement from Sixth Sense India Opportunities IV, as their 18.36% stake may trigger further regulatory obligations.
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Monitor for any further promoter sales or corporate announcements. The near-total exit is a red flag that could lead to a change in control or distress sale.
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The delayed Scheme of Arrangement needs to be watched for a revised proposal or abandonment. Any update from the subsequent board meeting will be critical.
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Monitor Sarvam AI's progress in agentic AI and cybersecurity. The investment is a long-term bet, but any major product launch or client win could be a catalyst.
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The high level of pledge (26.85%) warrants monitoring for any debt servicing issues or further pledge increases.
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Post-amalgamation, watch for the listing of the new shares on BSE and any subsequent price discovery. The increased promoter holding (74.45%) could lead to a buyback or delisting offer in the future.
Filing Analyses
(50)
15-06-2026
Jubilant FoodWorks Limited has invested LKR 666,900,010 (approximately INR 19 Crore) in its wholly owned Sri Lankan subsidiary, Jubilant FoodWorks Lanka (Private) Limited, by subscribing to 95,271,430 Optionally Convertible Non-Cumulative Preference Shares at LKR 7 per share. The investment will be used for business operations and expansion, including capital expenditure. However, the subsidiary reported a net loss of LKR 400,837,313 for FY2026, despite a significant increase in turnover to LKR 4,437,398,222 from LKR 2,768,707,247 in FY2025.
- · The OCPS carry a discretionary non-cumulative dividend of 8% per annum.
- · The OCPS may be converted into equity shares or redeemed at any time within 15 years from allotment, at the discretion of Jubilant Sri Lanka.
- · The transaction is a related party transaction but conducted at arm's length, with no interest from promoters/promoter group/group companies except for the subsidiary relationship.
- · The investment is expected to be completed on or before 3 months from the agreement date.
- · Jubilant Sri Lanka was incorporated on September 14, 2010, and operates in the foodservice industry in Sri Lanka.
15-06-2026
Atvo Enterprises Limited has received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Naresh Gattani HUF and its Persons Acting in Concert (PACs). The filing is a regulatory disclosure of a substantial acquisition of shares or takeovers, but no specific deal structure, valuation, or strategic rationale is provided in the filing. The disclosure indicates a change in shareholding or control, but without further details on the acquirer's intent, deal size, or financial terms, the materiality and impact cannot be fully assessed.
- · The disclosure is made under Regulation 29(2) of SEBI SAST Regulations, which typically requires disclosure when an acquirer holds shares or voting rights entitling them to exercise 25% or more of voting rights, or acquires control over the target company.
- · The filing does not specify the percentage of shares acquired, the price paid, or the resulting shareholding of the acquirer group.
- · No information on whether this is a creeping acquisition, open offer, or a negotiated deal.
15-06-2026
Gauri Aniruddha Mehta, a promoter group member, acquired 5,100 equity shares (0.03% of diluted capital) of Umiya Buildcon Limited (formerly MRO-TEK Realty Limited) through open market purchase on June 11, 2026. Post-acquisition, her total holding increased from 4.22% to 4.25% of the company's diluted voting capital. The filing was made under Regulation 29 of SEBI's Takeover Code.
- · The acquisition was made through open market purchase on June 11, 2026.
- · Gauri Aniruddha Mehta is a promoter group member (PAN: AAEPM2691K).
- · The company's total equity share capital is 1,86,84,602 shares.
- · No warrants, convertible securities, or encumbrances were involved in the transaction.
- · The filing was made under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
15-06-2026
Sixth Sense India Opportunities IV, along with PACs, acquired 30,76,264 equity shares (16.44%) of AVG Logistics Ltd through a rights issue and open market transactions, increasing their aggregate holding from 2.38% to 18.36% of the total equity share capital. The acquisition was completed on June 11, 2026, and disclosed under SEBI SAST Regulations.
- · The acquirer is a Category II AIF registered with SEBI (registration number IN/AIF2/24 25/1563).
- · Pre-acquisition holding of acquirer and PACs was 3,57,937 shares (2.38%).
- · Post-acquisition holding is 34,34,201 shares (18.36%).
- · The acquisition was made via rights issue and open market purchase.
- · The target company's equity share capital increased from 1,50,57,720 shares to 1,87,08,076 shares after the acquisition.
15-06-2026
Ecoplast Ltd. has allotted 13,00,000 equity shares to shareholders of Kunal Plastics Private Limited pursuant to a court-approved scheme of amalgamation, effective June 15, 2026. The share swap ratio is 52 Ecoplast shares for every 1 share of Kunal Plastics. Post-allotment, Ecoplast's paid-up equity capital increased to ₹4,75,45,250 (4.75 Crore) divided into 47,54,525 shares. The newly issued shares rank pari-passu with existing shares and will be listed on BSE.
- · The scheme was sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench vide its order dated May 14, 2026.
- · Record date for determining eligible shareholders of Kunal Plastics was June 12, 2026.
- · Board meeting commenced at 3:30 PM IST and concluded at 3:43 PM IST on June 15, 2026.
- · The company will seek listing and trading approval from BSE Limited for the newly allotted shares.
15-06-2026
Promoter Westpac Investments Limited acquired 3,85,000 equity shares of Getalong Enterprise Limited on June 15, 2026, at ₹7.00 per share via open market purchases, increasing its stake from 38.14% to 39.96%. The total consideration for the acquisition was ₹26,95,000. The filing also includes insider trading disclosures under Regulation 7(2) of SEBI (PIT) Regulations.
- · The acquisition was executed in two tranches: 2,00,000 shares and 1,85,000 shares, both at ₹7.00 per share.
- · The total consideration for the acquisition was ₹26,95,000.
- · The company's total equity share capital is ₹2,11,60,000 divided into 2,11,60,000 equity shares of ₹1 each.
- · The filing also includes a disclosure under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 (Form C).
- · No derivative trades were reported by the promoter.
15-06-2026
Promoter Mr. Asgar Shakoor Patel acquired 20,000 equity shares of Patel Integrated Logistics Limited via open market purchase on June 11, 2026. This increased the promoter group's aggregate holding from 36.12% to 36.15% of the total diluted share capital. The acquisition is a routine insider purchase and does not trigger any change in control.
- · The acquisition was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- · No shares were encumbered (pledged/lien) before or after the acquisition.
- · The promoter group includes 11 entities, with Patel Holdings Ltd being the largest holder at 13.37%.
- · The company's total diluted share capital remained unchanged at 6,95,85,746 equity shares of ₹10 each.
15-06-2026
The filing is a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, regarding a substantial acquisition of shares in Aion-Tech Solutions Ltd by Trinity Infraventures Ltd and its Persons Acting in Concert (PACs). The filing does not disclose the deal value, share count, or any financial metrics of the target. The transaction appears to be an acquisition of a controlling or substantial stake, but no specific terms, valuation, or strategic rationale are provided in the disclosure.
- · The filing is made under Regulation 29(2) of SEBI SAST Regulations, which requires disclosure upon crossing certain thresholds (typically 5%, 10%, 14%, 54%, 74% etc.) or upon acquiring control.
- · No financial details, share count, or deal value are provided in the disclosure.
- · The acquirer is Trinity Infraventures Ltd along with its Persons Acting in Concert (PACs).
15-06-2026
H.P. Cotton Textile Mills Ltd. filed a disclosure under Regulation 10(6) of SEBI (SAST) Regulations, 2011 for Kailash Agarwal. The filing is purely a regulatory disclosure with no details on deal structure, valuation, or strategic rationale. No financial metrics, shareholding changes, or transaction specifics are provided, limiting actionable insights.
15-06-2026
H.P. Cotton Textile Mills Ltd. filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, regarding Kailash Kumar Agarwal. The filing confirms a substantial acquisition event but provides no financial details, deal structure, valuation, or strategic rationale. The disclosure is purely procedural, lacking quantitative data or forward-looking guidance, making it impossible to assess materiality or investment impact.
- · The filing is a disclosure under Regulation 29(2) of SEBI SAST Regulations, indicating a substantial acquisition event.
- · No details on number of shares acquired, acquisition price, or resulting shareholding percentage are provided.
- · The sector is listed as 'technology' but the company name suggests textiles; this may be a sector classification error in the filing.
- · No promoter or FII/DII holding changes are disclosed.
15-06-2026
Maharashtra Seamless Limited has informed the stock exchanges that the Scheme of Arrangement, previously approved by the Board on May 22, 2026, is under further review and will be placed before a subsequent Board Meeting for approval before being submitted to the exchanges. This update indicates a delay or reconsideration of the merger/acquisition plan.
- · The Scheme of Arrangement was initially approved by the Board on May 22, 2026.
- · The scheme is now under further review and will be placed before a subsequent Board Meeting for approval.
- · The company will submit the scheme to stock exchanges after Board approval.
15-06-2026
Welspun Living Limited completed a buyback offer on June 11, 2026, in which the promoter and promoter group (including Balkrishan Goenka, Trustee of Welspun Group Master Trust, and Aryabhat Vyapar Private Limited) tendered 84,09,999 shares (0.88% of pre-buyback capital). Post-buyback, the promoter group's total shareholding increased slightly from 66.24% to 66.36% of the reduced paid-up capital, while the company's paid-up capital decreased from ₹95,91,52,514 to ₹94,47,52,514.
- · The buyback was completed on June 11, 2026, and the disclosure was filed on June 15, 2026.
- · Post-buyback, the company's paid-up capital reduced by 1,44,00,000 shares (from 95,91,52,514 to 94,47,52,514 equity shares of Re. 1 each).
- · Balkrishan Goenka (Trustee) alone tendered 83,90,785 shares, representing 99.77% of the total promoter tendered shares.
- · Aryabhat Vyapar Private Limited tendered 19,214 shares.
- · No other promoter group members (Dipali Goenka, Radhika Goenka, etc.) tendered any shares in the buyback.
15-06-2026
Hardik Desai Family Trust, a promoter group entity, acquired 1,200 equity shares of Trident Lifeline Limited in an open market transaction on June 12, 2026. Post-acquisition, the trust's holding increased marginally from 8,56,166 shares (7.17% of voting capital) to 8,57,366 shares (7.78% of voting capital), representing a 0.01% increase in both voting and diluted capital. The filing is a routine disclosure under SEBI Takeover Regulations and does not indicate any change in control or material strategic shift.
- · The acquisition was made in the open market on June 12, 2026.
- · Pre-acquisition holding: 8,56,166 shares (7.17% of voting capital, 6.85% of diluted capital).
- · Post-acquisition holding: 8,57,366 shares (7.78% of voting capital, 6.86% of diluted capital).
- · The trust is categorized as a Promoter Group entity.
- · No encumbered shares were reported before or after the transaction.
- · The filing was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
15-06-2026
Venu Gopal Peruri, Promoter and Managing Director of Meta Infotech Limited, voluntarily disclosed the acquisition of 16,800 equity shares (0.09% of paid-up capital) via open market purchases on BSE between June 8-12, 2026. The acquisition did not trigger mandatory disclosure thresholds (change <2%), but was filed voluntarily for transparency. Post-acquisition, his total holding rose to 1,31,91,521 shares (69.87% of voting capital), a marginal increase from 69.78%.
- · Acquisition was executed in four tranches: June 8 (5,600 shares), June 9 (4,000 shares), June 11 (4,000 shares), June 12 (3,200 shares).
- · The disclosure was made voluntarily under Regulation 29(2) of SEBI (SAST) Regulations, 2011, as the change in shareholding was below the 2% threshold.
- · Total diluted voting capital of the company remains unchanged at 1,88,81,400 equity shares of ₹10 each.
15-06-2026
Anant Raj Limited has successfully incorporated a wholly owned subsidiary, Anant Raj Cloud Singapore Pte. Ltd., in Singapore on June 15, 2026, following board approval on April 27, 2026. The subsidiary will focus on data center, co-location, and cloud services, including AI services, leveraging Anant Raj's existing data center and cloud infrastructure. The initial share capital is SGD 1,000 (1,000 shares of SGD 1 each), with 100% control held by Anant Raj Limited.
- · The subsidiary was incorporated under the laws of Singapore.
- · The Finance and Investment Committee approved the proposal on April 27, 2026.
- · The subsidiary will be engaged in providing co-location and cloud services, including AI services, from data centers and cloud infrastructure developed by Anant Raj.
- · The initial subscription comprises 1,000 shares of SGD 1 each, totaling SGD 1,000 in share capital.
- · Share capital is expected to be increased after incorporation.
15-06-2026
Devyani International Limited (Transferee) and Sapphire Foods India Limited (Transferor) have received 'no objection' observation letters from NSE and BSE for their proposed Scheme of Arrangement under Sections 230-232 of the Companies Act, 2013. The stock exchanges have imposed several conditions, including mandatory CCI approval before NCLT filing, disclosure of all ongoing enforcement actions, and detailed shareholder disclosures. The scheme remains subject to statutory/regulatory approvals and shareholder/creditor consent.
- · The observation letters from NSE and BSE are dated June 12, 2026, and were received by the company on June 15, 2026.
- · The NSE observation letter is valid for six months from June 12, 2026, within which the scheme must be submitted to NCLT.
- · SEBI's comments include compliance with Regulation 11 of SEBI LODR, disclosure of all ongoing adjudication/recovery/enforcement actions, and mandatory CCI approval before NCLT filing.
- · The scheme must be made expressly subject to CCI approval; the company cannot file the scheme with NCLT until CCI approval is obtained.
- · Shareholders must receive a detailed explanatory statement including rationale, impact, cost-benefit analysis, latest financials (not older than 6 months), promoter shareholding before/after the scheme (with and without the SFIL Secondary Sale), valuation details, and details of any reclassification of promoters to public category.
- · The SFIL Secondary Sale involves sale of up to 5,94,55,837 equity shares of Sapphire (18.5% of share capital as of Dec 31, 2025) by Sapphire Foods Mauritius Limited to Arctic International Limited.
- · The company must disclose the no-objection letter on its website within 24 hours of receipt.
- · The exchange reserves the right to raise objections later if information is found incomplete/incorrect/misleading.
15-06-2026
HCL Technologies has made a minority investment of INR 1,427.25 crore (approximately $150 million) in Axonwise Private Limited (Sarvam AI) for a 10.46% stake, leading Sarvam's $300 million Series B round at a $1.5 billion valuation. The investment will fund Sarvam's research and development of next-generation frontier models for agentic AI, coding, and cybersecurity, and expand its enterprise and government AI deployments. While Sarvam's revenue has grown from INR 1.50 crore in FY2025 to INR 45.10 crore in FY2026, the company had zero revenue in FY2024, indicating a very early stage with high growth but limited scale.
- · Sarvam AI was incorporated on July 14, 2023, and is headquartered in Bengaluru, India.
- · The investment is 100% cash consideration and is expected to close within 2 weeks of signing.
- · No governmental or regulatory approvals are required for the acquisition.
- · Sarvam's conversational platform handles over 2 million interactions per day, with usage doubling in the last two months.
- · Sarvam's inference platform processes 10 million API calls daily, with usage tripling in the last three months.
- · Sarvam's speech models transcribe over half a million hours of audio each month.
- · Sarvam Vision is being used to digitize over 35 million pages from insurance forms to legacy land records.
- · Sarvam's agentic platform powers a 350,000-strong sales force at a leading fintech.
- · Sarvam collected data from 17 million farmers for the Ministry of Agriculture and Farmer’s Welfare.
- · A voice campaign for a leading insurance provider supported low-cost policy renewals for 45 million policyholders.
- · Sarvam's focus verticals include banking, insurance, government technology, and defence.
- · The acquisition is not a related party transaction.
15-06-2026
Poojawestern Metaliks Ltd filed a disclosure under SEBI SAST Regulation 29(2) regarding Sunil Devram Panchmatiya and his PACs. The filing is a regulatory disclosure of a substantial acquisition of shares, but no deal value, share count, or financial terms are disclosed. The company is classified under the technology sector, which appears inconsistent with its name suggesting metal manufacturing.
- · Filing is under SEBI SAST Regulations, 2011 - Regulation 29(2) which pertains to disclosure of acquisition or disposal of shares or voting rights exceeding specified thresholds
- · Company sector classified as 'technology' on BSE, but company name suggests metal manufacturing - potential sector misclassification
- · No financial details, share count, or transaction value disclosed in the filing summary
15-06-2026
Dishank Nitin Babariya, a promoter of 3B Films Limited, sold 51,000 equity shares (0.21% of total diluted capital) on June 15, 2026 via open market to meet the company's working capital requirements. The sale reduced his holding from 10,37,370 shares (4.19%) to 9,86,370 shares (3.98%).
- · The sale was conducted on the open market.
- · The stated reason for the sale is 'working capital requirement of the company'.
- · The total diluted share capital of the company is 2,47,72,000 shares.
- · The promoter's holding after the sale is 3.98% of total diluted capital.
- · The filing was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
15-06-2026
Kati Patang Lifestyle Ltd has received a disclosure under SEBI SAST Regulation 29(2) from Virtual Software & Training Pvt Ltd. No financial details, deal structure, or strategic rationale are disclosed in this filing. The event is purely a regulatory disclosure with no quantitative data provided.
- · The disclosure is made by Virtual Software & Training Pvt Ltd under Regulation 29(2) of SEBI SAST Regulations.
- · No details on the target company, deal size, or shareholding changes are provided in this filing.
15-06-2026
Smartworks Coworking Spaces Limited has informed the exchanges that its Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, has amalgamated with MUFG Intime India Private Limited effective May 8, 2026, pursuant to an order from the Regional Director (Western Region), Ministry of Corporate Affairs, Mumbai. Consequently, MUFG Intime India Private Limited will act as the new RTA for the company. This is a routine administrative change and does not impact the company's financials or operations.
- · The amalgamation order was passed by the Regional Director (Western Region), Ministry of Corporate Affairs, Mumbai.
- · The effective date of amalgamation is May 8, 2026.
- · The new RTA's contact details: Address - Rasoi Court, 5th Floor, 20 R. N. Mukherjee Road, Kolkata – 700001; Phone - +91 33 6906 6200; Email - investor.helpdesk@in.mpms.mufg.com; Website - www.in.mpms.mufg.com.
- · CB Management Services Private Limited had voluntarily surrendered its Category I registration with SEBI, as per a newspaper publication dated May 14, 2026.
15-06-2026
Ms. Kanta Agarwala, a relative (mother-in-law) of promoter group member Ms. Shreya Agarwal, acquired 30,000 equity shares (0.07% of total capital) of Asian Hotels (North) Limited through open market purchase on June 12, 2026. Post-acquisition, the combined holding of the promoter group (Elana Holdings Pte. Ltd., Ms. Shreya Agarwal, Ms. Kanta Agarwala, and Mr. Suresh Kumar Agarwala) increased marginally from 65.33% to 65.40%.
- · The acquisition was made through open market purchase on June 12, 2026.
- · Ms. Kanta Agarwala's individual holding increased from 0.79% (3,35,321 shares) to 0.86% (3,65,321 shares).
- · No other promoter group members (Elana Holdings, Shreya Agarwal, Suresh Kumar Agarwala) acquired or sold shares in this transaction.
- · The total diluted share capital remains unchanged at 4,26,33,229 equity shares of ₹10 each.
- · The acquirer (Ms. Kanta Agarwala) does not belong to the Promoter/Promoter group as per the filing, but is a relative of a promoter group member.
15-06-2026
Time Technoplast Limited disclosed a planned inter-se transfer of 1,050,000 equity shares among its promoters (Time Securities Services Private Limited acquiring from Naveen Kumar Jain, Raghupathy Thyagarajan, and Vishal Anil Jain) on or after June 22, 2026. The transaction is exempt from open offer obligations under SEBI (SAST) Regulations, 2011 because it is a transfer among promoters, and the aggregate promoter & promoter group shareholding remains unchanged at 47.56% of paid-up capital. The filing confirms no change in overall promoter holding, solely a consolidation within the promoter group.
- · Total promoter & promoter group aggregate shareholding remains unchanged at 47.56% of paid-up capital.
- · Acquisition price per share cannot exceed 25% above the 60 trading day volume weighted average market price (proviso (i) to Regulation 10(1)(a)).
- · The transaction is exempt under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, being an inter-se transfer among promoters.
- · Proposed transaction date: June 22, 2026 or any day thereafter.
- · After the transfer, Naveen Kumar Jain's shareholding decreases from 1.84% to 1.76% (80,77,500 -> 86,77,500 shares appears to be a typographical error in the filing; the filing states 80,77,500 before and 86,77,500 after – 6,00,000 shares acquired? - but the table says 2,00,000 acquired).
- · After the transfer, Raghupathy Thyagarajan's shareholding is not shown in the post-transaction table (only pre-transaction number not provided).
15-06-2026
Raj Goenka, a promoter group member of GAMCO LIMITED, acquired 1,463 equity shares (face value ₹2 each) through open market transactions from June 11 to June 15, 2026, increasing his total holding to 1,259,997 shares, representing 2.33% of the issued and paid-up equity share capital. The acquisition is a marginal increase (0.00% change in percentage holding) and does not alter the overall promoter stake, indicating a flat impact on ownership structure.
- · The acquisition was made through open market transactions over five days (June 11–15, 2026).
- · No shares were encumbered (pledged/lien) before or after the acquisition.
- · The total diluted share capital remains unchanged at ₹10,80,63,000 (5,40,31,500 equity shares of ₹2 each).
- · The disclosure is filed under Regulation 29(2) of SEBI SAST Regulations, 2011.
15-06-2026
Catalyst Trusteeship Limited, acting as debenture trustee, disclosed a release of pledge over 43,00,000 equity shares (3.18% of total capital) of WeWork India Management Limited on June 12, 2026. The release reduces the encumbered shares held by the acquirer from 2,77,03,489 (20.46%) to 2,34,03,489 (17.29%). The pledge was originally created to secure unrated, unlisted, secured, redeemable, non-convertible debentures with an aggregate nominal amount of ₹577,50,00,000 (₹577.50 Crore).
- · The pledge release was executed on June 12, 2026, and disclosed on June 15, 2026.
- · The pledgor is Embassy Buildcon LLP.
- · The acquirer (Catalyst Trusteeship Ltd) is not part of the promoter/promoter group.
- · After the release, the acquirer still holds 2,34,03,489 shares (17.29%) in encumbrance.
- · The total diluted share capital of the target company remains unchanged at ₹135,37,80,080 (13,53,78,008 shares).
15-06-2026
Ecoplast Ltd. has completed the allotment of 13,00,000 equity shares to shareholders of Kunal Plastics Private Limited under a Scheme of Amalgamation sanctioned by the NCLT Ahmedabad on May 14, 2026. The share swap ratio was 52 Ecoplast shares for every 1 Kunal Plastics share. Post-transaction, the combined promoter and PAC group shareholding increased from 64.84% to 74.45%, while individual promoter stakes rose significantly; however, the percentage holdings of all existing PAC members were diluted due to the new issuance.
- · The Scheme was sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench on May 14, 2026.
- · The allotment was made under Regulation 10(1)(d)(ii) of the SEBI Takeover Code, exempting the acquirers from making an open offer.
- · The swap ratio was 52 fully paid-up equity shares of Ecoplast (₹10 each) for every 1 fully paid-up equity share of Kunal Plastics.
- · All existing PAC members saw their percentage holdings decline due to dilution from the new shares, despite no change in their absolute share count.
- · The filing was signed by Charulata Nitin Patel on behalf of all acquirers.
15-06-2026
Time Securities Services Private Limited, a promoter entity of Time Technoplast Limited, has filed a disclosure under SEBI (SAST) Regulations for an inter-se transfer of up to 10,50,000 equity shares among promoters. The transfer involves acquiring shares from Mr. Naveen Kumar Jain (2,00,000 shares), Mr. Raghupathy Thyagarajan (4,00,000 shares), and Mr. Vishal Anil Jain (4,50,000 shares) on or after June 22, 2026. The aggregate promoter and promoter group holding remains unchanged at 47.56% of the paid-up equity share capital, as this is a consolidation of holdings within the promoter group.
- · The acquisition is exempt from making an open offer under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011.
- · The acquisition price will not exceed 125% of the volume-weighted average market price for the 60 trading days preceding the notice date.
- · The transferor and transferee have complied or will comply with disclosure requirements under Chapter V of the Takeover Regulations.
- · Pre-transfer shareholding of sellers: Mr. Naveen Kumar Jain held 90,77,500 shares (1.84% of total capital); Mr. Raghupathy Thyagarajan held 5,99,880 shares (0.12%); Mr. Vishal Anil Jain's holding is not separately listed but is part of the seller group.
- · Post-transfer, Mr. Naveen Kumar Jain's holding reduces to 86,77,500 shares (1.76%); Mr. Raghupathy Thyagarajan's holding reduces to 1,49,880 shares (0.03%).
15-06-2026
Vistra ITCL (India) Limited, as Debenture Trustee, pledged an additional 12,97,13,503 equity shares (16.60% of total voting capital) of GMR Power & Urban Infra Limited on June 11, 2026, increasing its total encumbered holdings to 20,97,13,503 shares (26.85%). The pledge was made to secure the issue of Non-Convertible Debentures (NCDs). No shares were acquired or sold, and the company's total equity capital remained unchanged at 78,10,17,529 shares.
15-06-2026
Sapphire Foods India Limited has received 'no objection' observation letters from NSE and BSE for its proposed scheme of arrangement with Devyani International Limited, marking a key regulatory milestone. The scheme remains subject to approvals from statutory authorities, shareholders, and creditors, including the Competition Commission of India (CCI). Key conditions include compliance with SEBI regulations, disclosure of ongoing enforcement actions, and a six-month validity period for the NSE observation letter.
- · The observation letters were issued on June 12, 2026, and the company disclosed them on June 15, 2026.
- · NSE's observation letter is valid for six months from June 12, 2026, within which the scheme must be submitted to NCLT.
- · The scheme includes a secondary sale of up to 5,94,55,837 equity shares of Sapphire (18.5% of share capital as of Dec 31, 2025) by Sapphire Foods Mauritius Limited to Arctic International Limited.
- · The companies must disclose all details of ongoing adjudication, recovery proceedings, and enforcement actions against them, their promoters, and directors before NCLT and shareholders.
- · The scheme must be made expressly subject to CCI approval, and the companies cannot file with NCLT until CCI approval is obtained.
- · The companies must ensure financials in the scheme are not more than 6 months old.
- · Any equity shares issued under the scheme must be in demat form only.
- · The explanatory statement to shareholders must include a cost-benefit analysis, promoter shareholding before and after the scheme (with and without the SFIL Secondary Sale), and details of registered valuers and merchant bankers.
- · The companies must disclose the no-objection letter on their websites within 24 hours of receipt.
15-06-2026
AVG Logistics Ltd received a disclosure under SEBI SAST Regulation 29(2) from shareholder Asha Gupta. However, the filing does not contain any merger, acquisition, or deal structure details beyond the fact that a substantial acquisition disclosure was made by an individual shareholder. No financial terms, valuation, rationale, or regulatory pathway information is disclosed.
- · Filing is a BSE receipt notice, not the actual disclosure document.
- · No information on the nature of the acquisition (open market purchase, negotiated deal, preferential allotment).
- · No share price, number of shares acquired, or resultant shareholding percentage is provided.
- · Sector is classified as 'technology' though AVG Logistics Limited is primarily a logistics company.
- · No promoter or other party involvement is indicated beyond the individual acquirer.
15-06-2026
The filing is a disclosure under SEBI (SAST) Regulations, 2011, Regulation 29(2), for Harkirat Ryait & PACs regarding G.S. Auto International Ltd. The filing confirms a substantial acquisition of shares but does not disclose the deal size, valuation, swap ratio, or strategic rationale. No financial metrics, shareholding changes, or scheduled events are provided, limiting actionable insights.
- · The disclosure is made under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which requires disclosure upon crossing specified shareholding thresholds.
- · The acquirer is Harkirat Ryait & PACs; no details on the number of shares acquired or the resulting stake percentage are provided.
- · No financial metrics, deal value, or strategic rationale are mentioned in the filing.
15-06-2026
Fluidomat Ltd. has disclosed a filing under Regulation 29(2) of SEBI (SAST) Regulations, 2011, indicating a substantial acquisition of shares by Ashok Jain and his Persons Acting in Concert (PACs). The filing is a regulatory disclosure of an acquisition event, but no specific deal structure, valuation, or strategic rationale is provided in the summary. The filing does not contain any financial metrics, period-over-period comparisons, or scheduled events, limiting the depth of quantitative analysis.
- · The filing is a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which typically requires disclosure when an acquirer crosses certain shareholding thresholds (e.g., 5%, 10%, 14%, etc.) or acquires control.
- · The acquirer is identified as Ashok Jain & PACs, but no specific share count, percentage acquired, or consideration is disclosed in the summary.
- · No financial metrics, deal valuation, or strategic rationale are provided in the filing summary.
15-06-2026
Equilibrated Venture Cflow Pvt. Ltd., a promoter group entity of Paisalo Digital Limited, filed a disclosure under SEBI Takeover Regulations regarding multiple pledge creations and releases on its own shares and those of other promoters. On June 12, 2026, Equilibrated Venture Cflow released 50,00,000 pledged shares (0.55% of total share capital) to Infosoft Global Private Limited to maintain security margin, while 6,42,06,000 shares (7.06%) remain encumbered. Concurrently, Pro Fitcch Pvt. Ltd. had 71,96,000 shares (0.79%) released from pledge, and several new pledges were created by various promoter entities in May-June 2026, including 2,40,00,000 shares (5.67%) by Mr. Sunil Purushottanm Agarwal on May 18, 2026, to STCI Finance Ltd. Overall promoter encumbrance stands at 33.10% of promoter shareholding, and 7.06% of total share capital.
- · Mr. Sunil Purushottanm Agarwal had 95,81,000 shares (1.05%) pledged as of the reporting date; no new encumbrance or release was reported for him.
- · Santanu Agarwal had 96,02,000 shares (1.06%) pledged; no change reported.
- · Pro Fitcch Pvt. Ltd. had 71,96,000 shares (0.79%) released from pledge (post-event holding: 0% encumbered).
- · Pri Caf Pvt. Ltd. had 72,26,000 shares (0.79%) pledged; no release reported for Pri Caf.
- · Ms. Suneeti Agarwal had 0 shares encumbered (0%).
- · Sulabhya Paramita Private Trust had 43,50,000 shares (0.48%) pledged.
- · Suneeti Dolaa Private Trust had 0 shares encumbered (0%).
- · Multiple new pledges were created in May-June 2026, e.g., 18,75,000 shares (0.42%) to Bhansali Fincom, 1,32,00,000 shares (2.94%) to STCI Finance, 32,00,000 shares (0.71%) to Cholamandalam Securities, 1,60,00,000 shares (1.78%) to Bajaj Financial Securities, 37,50,000 shares (0.42%) to Indian Chain Pvt. Ltd., 19,09,002 shares (0.21%) to IIFL FINANCE, 3,09,00,000 shares (3.44%) to STCI Finance, 30,00,000 shares (0.33%) to IIFL FINANCE, 2,16,00,000 shares (2.41%) to STCI FINANCE, 12,50,000 shares (0.14%) to Indian Chain Pvt. Ltd., 6,25,000 shares (0.07%) to Bhansali Fincom, 12,50,000 shares (0.14%) to Infosoft Global, 40,00,000 shares (0.44%) to Cholamandalam, 30,00,000 shares (0.33%) to Cholamandalam, 14,00,000 shares (0.15%) to Bajaj Financial Securities, 13,46,000 shares (0.15%) to Bajaj Financial Securities, 10,50,000 shares (0.12%) to IIFL Capital Services, 15,00,000 shares (0.16%) to Bajaj Financial Securities, 6,30,000 shares (0.07%) to Bajaj Financial Securities, 13,00,000 shares (0.14%) to Bajaj Financial Securities.
- · Several releases also occurred on June 12, 2026, including 25,20,000 shares (0.28%) from Cholamandalam, 49,09,002 shares (0.54%) from IIFL Finance, 25,00,000 shares (0.28%) from Bhansali Fincom, and 50,00,000 shares (0.55%) from Infosoft Global.
15-06-2026
On June 10, 2026, promoter Aayush Agrawal (as trustee of Aayush Agrawal Trust) created a pledge on 11,11,111 shares of Ajanta Pharma Limited to secure a new loan from RBL Bank Ltd. The pledge increased the trust's encumbered shares from 1,14,45,087 (9.16%) to 1,23,37,947 (9.88%) and from 1,23,37,947 (9.88%) to 1,25,56,198 (10.05%) across two separate pledge creations. No other promoter entities reported any changes in their encumbered holdings during this period.
- · Pre-pledge, Aayush Agrawal Trust held 1,14,45,087 shares (9.16%) already encumbered.
- · Post-pledge, total encumbered shares for Aayush Agrawal Trust rose to 1,23,37,947 (9.88%) for the first pledge and 1,25,56,198 (10.05%) for the second pledge.
- · Other promoters (Gabs Investments, Ravi Agrawal Trust) had unchanged encumbered holdings of 27,70,000 (2.22%) and 57,56,777 (4.61%) respectively.
- · The pledge was created for a new loan, with RBL Bank Ltd as the lender.
- · No encumbrance release or invocation was reported.
15-06-2026
Arnita Poddar, promoter and Chairperson of Mayur Leather Products Ltd., has sold 6,00,000 (Six Lakh) equity shares (12.41% of the total share capital) of the company via an open market sale on June 12, 2026. Post-sale, her holding has dropped from 14.19% to just 1.78%, a significant reduction in promoter stake. No other material financial details or period comparisons are present in this filing.
- · The sale was executed as an open market transaction on June 12, 2026.
- · Persons Acting in Concert (PAC) include Rajendra Kumar Poddar and Akhilesh Poddar, but the filing does not indicate any change in their holdings.
- · Equity share capital of the company remains unchanged at 48,34,800 equity shares of ₹10 each before and after the sale.
- · No encumbrances, warrants, or convertible securities are reported by the seller.
- · The filing is made under Regulation 29(2) of the SEBI Takeover Regulations, which requires disclosure upon crossing certain threshold limits.
15-06-2026
Vijay Kumar Kaushik, a promoter and director of Vibhor Steel Tubes Limited, acquired 2,100 equity shares (0.01% of paid-up capital) via open market purchase on June 12, 2026, at ₹119.5342 per share. This increased his total holding from 21.98% to 21.99% of the company's voting capital. The transaction is a minor increase in promoter stake and does not represent a material change in control or ownership structure.
- · Acquisition price per share: ₹119.5342
- · Transaction executed on the National Stock Exchange (NSE) on June 12, 2026
- · Total paid-up equity capital: ₹18,96,24,430 divided into 1,89,62,443 equity shares of ₹10 each
- · No encumbrances (pledge/lien) on the acquired shares before or after the transaction
- · Disclosure made under Regulation 29(1) and 29(2) of SEBI (SAST) Regulations, 2011
15-06-2026
Leading Leasing Finance and Investment Company Limited (LLFIL) made an open-market acquisition of 3,358,616 equity shares (1.32% stake) in Aqylon Nexus Limited (formerly Sri Adhikari Brothers Television Network Ltd) on June 12, 2026, raising its total holding from 10.27% to 11.60%. The filing was disclosed under SEBI Takeover Regulations (Regulation 29(2)), and LLFIL's Managing Director Ketan Kumar Gosai signed the disclosure.
- · The acquisition was executed through the open market on June 12, 2026.
- · The target company's total paid-up equity capital is 25,37,30,560 shares of ₹1 each.
- · Pre-acquisition shareholding of LLFIL was 2,60,66,270 shares (10.27%); post-acquisition it is 2,94,24,886 shares (11.60%).
- · LLFIL stated it is NOT part of the promoter/promoter group of the target company.
- · No shares were acquired through warrants, convertible securities, or encumbrance; the entire increase came from voting equity shares.
15-06-2026
Mikusu India Private Limited, a promoter group entity, acquired 3,700 equity shares (0.06% of voting capital) of Daikaffil Chemicals India Limited through open market purchase on June 12, 2026. Post-acquisition, Mikusu India's total holding increased from 49.26% to 49.32% of the target company's voting capital. The acquisition is a marginal increase in promoter stake and does not trigger any change in control.
- · Acquisition was made from the open market on BSE.
- · No shares were encumbered (pledged) before or after the acquisition.
- · The acquirer is part of the promoter/promoter group of the target company.
- · Total diluted share capital remains unchanged at ₹6,00,00,000 (60,00,000 equity shares).
- · The filing is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
15-06-2026
The filing under SEBI SAST Regulation 29(2) for AVG Logistics Ltd concerns Mr. Sanjay Gupta; however, the public announcement provides no details on deal structure, valuation, rationale, or financial impact. The filing merely serves as a regulatory disclosure without quantifiable data—revenue, margins, promoter holding changes, or event timelines are not disclosed. Without specifics, the event appears informational with no actionable financial signal, though the lack of data limits analysis quality.
15-06-2026
Sandeep Ispat Trader LLP, a promoter group entity of Monotype India Ltd, sold 10,94,737 equity shares (0.16% of total diluted capital) in the open market on June 12, 2026, reducing its stake from 3.85% to 3.69%. The sale was disclosed under SEBI Takeover Regulations, but no other material changes or financial performance data were provided.
- · The seller is part of the promoter/promoter group of Monotype India Ltd.
- · The sale was executed on the open market on June 12, 2026.
- · No shares were encumbered before or after the transaction.
- · The total diluted share capital of the target company is 70,31,21,889 shares.
15-06-2026
Tai Industries Ltd. has disclosed a filing under SEBI (SAST) Regulation 29(2) regarding Utsav Promoters Pvt Ltd & its PACs. The filing is a regulatory disclosure of a substantial acquisition of shares, but no specific deal structure, valuation, or strategic rationale is provided in the summary. The sector is classified as technology, but no financial metrics or shareholding changes are disclosed.
- · Filing is a disclosure under SEBI SAST Regulation 29(2) for Utsav Promoters Pvt Ltd & PACs.
- · No deal size, share count, or valuation metrics are provided in the filing summary.
- · Sector classified as technology, but no financial or operational data is disclosed.
15-06-2026
Pradeep Kumar Chunilal Khetani, a promoter group member of Ambar Protein Industries Limited, acquired 4,580 equity shares (0.08% of voting capital) via open market transactions on June 11, 2026. This increased his total holding from 710,133 shares (12.35%) to 714,713 shares (12.43%). The acquisition is a marginal increase and does not trigger a change in control.
- · The acquisition was made in open market transactions on June 11, 2026.
- · The acquirer is part of the promoter/promoter group.
- · Total diluted share capital of the company remains unchanged at ₹5,75,00,000 (57,50,000 equity shares of ₹10 each).
- · No encumbrance (pledge/lien) was reported before or after the acquisition.
15-06-2026
Riba Textiles Ltd filed a disclosure under SEBI (SAST) Regulations, 2011 for Babita Garg on June 15, 2026. The filing is a regulatory disclosure under Regulation 29(2) of the Takeover Code, indicating a change in shareholding or control. However, the filing does not disclose any deal structure, valuation, strategic rationale, or financial metrics, making it purely informational with no actionable data for investors.
- · Filing is under Regulation 29(2) of SEBI SAST Regulations, which typically requires disclosure when an acquirer crosses certain shareholding thresholds or acquires control.
- · The filing mentions Babita Garg as the person for whom the disclosure is made, but her role (acquirer, promoter, or other) is not specified.
- · No deal value, share count, or percentage changes are disclosed in the filing summary.
15-06-2026
Promoter Atul Garg acquired 4,50,000 equity shares of GRM Overseas Limited on June 12, 2026, increasing the promoter group's holding from 62.76% to 62.98%. The acquisition was made through open market purchase and represents a 0.22% increase in voting rights.
- · The acquisition was made under SEBI (SAST) Regulations, 2011, Regulation 29(2).
- · The company's total equity share capital is ₹4,14,42,000 divided into 20,72,10,000 equity shares of face value ₹2 each.
- · No shares were encumbered (pledged) before or after the acquisition.
- · The acquisition was executed on June 12, 2026, and the disclosure was filed on June 13, 2026.
15-06-2026
Crizac Limited has entered into definitive agreements to invest approximately ₹1,24,76,944 (₹1,24,76,944) in Edument Consultancy Private Limited through the acquisition of Compulsory Convertible Preference Shares (CCPS) and Compulsorily Convertible Debentures (CCD). The investment will give Crizac a 37.41% stake on a fully diluted basis. However, Edument reported a net loss of ₹(71,87,000) for FY2025, and its turnover declined from ₹1,19,06,000 in FY2024 to ₹1,13,47,000 in FY2025, indicating a 4.7% drop in revenue.
15-06-2026
Supreme Infrastructure India Limited disclosed an update on the implementation of its approved Scheme of Arrangement with lenders under Section 230 of the Companies Act, 2013. The Company had demonstrated availability of funds and called upon three remaining lenders to finalize the settlement process, but these lenders sought clarifications and internal approvals, leading to a meeting chaired by the Court-Appointed Commissioner. Based on the Commissioner's recommendation and the Company's substantial progress, the three lenders have agreed in principle to a 60-day extension for completing the balance obligations.
- · The Hon'ble NCLT passed an order dated 11 May 2026 approving the Scheme.
- · The Company had already made substantial payments under the Scheme and holds balance funds for completion.
- · The meeting was convened under the chairmanship of the Court-Appointed Commissioner.
- · The extension was granted based on the Commissioner’s recommendation and the Company's bona fide conduct in substantially implementing the Scheme.
- · The three remaining lenders needed internal ratification of the NCLT order and approvals from their internal committees before operationalizing the escrow mechanism.
15-06-2026
Pradeep Ganediwal, a promoter of Mid India Industries Limited, acquired 8,56,126 equity shares (5.25% of the paid-up capital) on June 11, 2026 via an off-market inter-se transfer by way of transmission of shares with no monetary consideration. This disclosure was made under Regulation 29(2) of the SEBI SAST Regulations. No financial performance metrics are provided, so there is no balanced narrative of improvements or declines.
- · Acquisition was executed via off-market inter-se transfer by way of transmission of shares (without monetary consideration).
- · Date of acquisition: June 11, 2026.
- · Company BSE Scrip Code: 500277, ISIN: INE401C01018.
15-06-2026
Apollo Hospitals Enterprise Limited provided additional information on its proposed composite scheme of arrangement to demerge and list Apollo Healthtech Limited. The filing clarifies governance details, including board composition with six independent directors, nomination rights with a fall-away threshold at 10% shareholding for promoters and Rasmeli, and the appointment of Ms. Shobana Kamineni as Executive Chairperson subject to shareholder approval. The Upside Agreement, funded entirely by investor Rasmeli and capped at 9% of upside contingent on achieving at least 4x MOIC, requires separate approval from public shareholders of Apollo Healthtech post-listing. The scheme aims to unlock value but involves complex governance structures that have drawn scrutiny.
- · The board of Apollo Healthtech will comprise half independent directors (6 out of 12).
- · Board nomination rights for Rasmeli and promoter group will fall away when their respective shareholding drops below 10%.
- · The Upside Agreement is investor-funded, not from Apollo Healthtech, and is capped at 9% of upside contingent on achieving at least 4x MOIC.
- · Shareholder approval of Apollo Healthtech (including separate public shareholder vote) will be sought post-listing for the Upside Agreement.
- · A Lead Independent Director will be appointed to serve as an independent counterbalance.
15-06-2026
Umiya Holding Private Limited, a promoter group entity, acquired 7,500 equity shares (0.04% of voting capital) of Umiya Buildcon Limited (formerly MRO-TEK Realty Limited) through open market purchase on June 10, 2026. Post-acquisition, the acquirer's total holding increased to 72,01,166 shares, representing 38.53% of the total voting capital, up from 38.49%.
- · 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 part of the promoter/promoter group.
- · The acquisition date was June 10, 2026, and the disclosure was filed on June 12, 2026.
- · No convertible securities, warrants, or encumbrances were involved in this transaction.
- · The total diluted share/voting capital of the target company remained unchanged at 1,86,84,602 shares.
15-06-2026
Vibhor Steel Tubes Limited disclosed that promoter and director Mr. Vijay Kumar Kaushik acquired 2,100 equity shares (0.01% of total paid-up capital) via open market on June 12, 2026, at ₹119.5342 per share. Post-acquisition, his holding increased marginally from 21.98% to 21.99%. The transaction is very small in scale and does not trigger any change in control or material shift in ownership.
- · Transaction executed on NSE on June 12, 2026.
- · Acquisition price per share: ₹119.5342.
- · Total paid-up capital before and after acquisition: ₹18,96,24,430 divided into 1,89,62,443 equity shares of ₹10 each.
- · No encumbered shares or convertible securities involved.
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