India Merger Acquisition MCA Regulatory Filings — October 13, 2026

13-10-2026

Aikyam Financial Services Private Limited has announced a mandatory open offer to acquire up to 11,85,002 equity shares, representing 26% of Inani Securities Limited's fully diluted equity and voting capital, at ₹60 per share in cash. The transaction will transfer control of Inani Securities to the Acquirer and is conditional on completion of the open offer, change-in-control approvals for the company's stock-broking, trading-member and depository-participant registrations, and other SPA conditions precedent.

• · Completion is conditional on open offer completion, change-in-control approvals for stock-broking, trading-member and depository-participant registrations, and other SPA conditions precedent
• · Bonanza Portfolio Limited is the SEBI-registered Merchant Banker and Manager to the Open Offer
• · Public announcement dated October 12, 2026 was uploaded to BSE, the Merchant Banker's website and the company website
• · Filing made under Regulation 30 of SEBI LODR Regulations, 2015 (BSE scrip code 531672)

13-10-2026

Aequs Limited disclosed that the Office of the Regional Director, South Western Region, Ministry of Corporate Affairs rejected/returned the Section 233 fast-track merger scheme with its three wholly owned subsidiaries (order dated October 12, 2026). The Regional Director cited non-compliance with Section 233(1)(b) (shareholder approval threshold of 90% of total value not met, with voted value at 88.9% of Rs.6,70,66,56,350 share value), incomplete proof of shareholder email delivery, 7 pending Labour Court cases against one transferor company, and no NOC from BSE/NSE. The company states it is evaluating next steps and that the internal restructuring has no material impact on business operations.

• · Regional Director order dated October 12, 2026 returned the application with liberty to refile under Section 233 after compliance, or to use Section 232 instead
• · Company has not confirmed whether shareholder notice emails were delivered or bounced back
• · NOC from BSE and NSE was not furnished with the application
• · Company's filing states the order has no material impact on business operations

13-10-2026

Mehai Technology Limited has entered into a Share Purchase Agreement dated 12 October 2026 to acquire 100% of the equity share capital of Hi-Tech Services Private Limited, an unlisted IT-enabled data processing services company, for a total cash consideration of ₹4,50,00,000 (Rupees Four Crore Fifty Lakh). The target reported nil turnover for FY 2023-24, FY 2024-25 and FY 2025-26, so the deal is an early-stage expansion into data processing and ITeS rather than an acquisition of an operating revenue base. Completion is subject to conditions precedent and share transfer formalities, with no governmental or regulatory approvals required.

• · Target company CIN U72300WB1984PTC037826, registered office at Uniworld City, New Town, West Bengal
• · Transaction is not a related-party transaction and promoter/group companies have no interest in the target
• · Consideration is in cash under the Share Purchase Agreement dated 12 October 2026
• · Implied price of roughly ₹16,060 per share (₹4.5 Cr over 28,030 shares) versus ₹10 face value, a significant premium despite nil turnover
• · Company will intimate the exchange on completion of the acquisition

13-10-2026

Ambuja Cements Limited disclosed that, following the Hon'ble National Company Law Tribunal (NCLT) Ahmedabad Bench order dated October 8, 2026, the hearing on the Joint Company Petition for the amalgamation of ACC Limited into Ambuja Cements has been fixed for November 19, 2026. The notice of hearing was published on October 13, 2026 in the Indian Express (all editions) and the Financial Express (Ahmedabad edition, Gujarati translation). The filing is a procedural compliance disclosure with no stated financial figures on the merger itself.

• · NCLT Ahmedabad Bench hearing on the Joint Petition under Sections 230 to 232 fixed for November 19, 2026
• · Notice published in English in Indian Express (all editions) and Gujarati in Financial Express (Ahmedabad edition) on October 13, 2026
• · Disclosure also available at www.ambujacement.com

13-10-2026

ACME Solar Holdings Limited has disclosed under Regulation 30 of the SEBI Listing Regulations that it incorporated two wholly owned subsidiaries, Amshuman Renewables Private Limited and Urjita Powertech Private Limited, both incorporated on October 13, 2026 with registered offices in Gurugram, Haryana. The company subscribed 100% of the initial paid-up share capital in cash, at Rs. 1,00,000 for 10,000 equity shares of Rs. 10 face value each, for each entity. The subsidiaries are established to develop, establish and operate power generation and renewable energy projects, and the filing states no governmental or regulatory approvals were required for incorporation.

• · Filing made under Regulation 30 of SEBI LODR, referencing SEBI Master Circular Ref. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
• · Company CIN: L40106HR2015PLC102129; scrip code 544283 (BSE), symbol ACMESOLAR
• · No governmental or regulatory approvals were required for the incorporations
• · Subsidiaries are not an acquisition of an existing business; they are newly formed entities, so this is not an Acquisition event

13-10-2026

ACC Limited disclosed that the NCLT Ahmedabad Bench has fixed November 19, 2026 as the hearing date for the Joint Company Petition seeking approval of the Scheme of Amalgamation of ACC Limited with Ambuja Cements Limited, following a tribunal order dated October 8, 2026. Notice of the hearing was published on October 13, 2026 in the Indian Express (all editions) and in Gujarati in the Financial Express (Ahmedabad edition). The filing is a procedural update and contains no financial results or deal-value figures.

• · NCLT Ahmedabad Bench hearing on the Joint Company Petition (Sections 230 to 232) is scheduled for November 19, 2026
• · Tribunal order directing the hearing was dated October 8, 2026
• · Notice published in English in Indian Express (all editions) and in Gujarati in Financial Express (Ahmedabad edition) on October 13, 2026
• · Disclosure also posted on the company website at www.acclimited.com

13-10-2026

Hubtown Limited, through its subsidiary Rare Townships Private Limited (RTPL), subscribed to 10,85,543 Class A equity shares at an issue price of ₹30 per share (face value ₹10, premium ₹20) for a total consideration of ₹3,25,66,290 under a rights issue residual entitlement. Hubtown's holding in RTPL rises from 74.65% to 75.24% of Class A equity share capital. RTPL reported turnover of Rs.9802.79 Lakh for FY2025-26, compared with Rs.40.45 Lakh in FY2024-25 and Rs.63.27 Lakh in FY2023-24.

• · Transaction is a related party transaction because RTPL is a subsidiary; the filing states it was conducted at arm's length, and promoters and promoter group hold interests to the extent of their shareholding in RTPL.
• · Allotment date is October 12, 2026, per Annexure A, while the disclosure letter is dated October 13, 2026.
• · No governmental or regulatory approvals were stated as required for the transaction.
• · Transaction was an internal capital infusion within the group and does not involve a change in control or acquisition of a new entity.
• · The filing reports a turnover figure of Rs.9802.79 Lakh for FY2025-26 that is about 242 times the prior-year figure, a sharp jump the filing does not explain.
• · The company incorporation date is given as June 052000, which appears to contain a typographical error.

13-10-2026

Dr. Lal PathLabs Ltd. disclosed that its wholly owned subsidiary PathLabs Unifiers Private Limited (PUPL) acquired the remaining 30% equity stake in Centrapath Labs Private Limited (CPL) on October 13, 2026, making CPL a wholly owned subsidiary of PUPL. The acquisition was paid in cash at INR 1,608.352 per share, is not a related party transaction, and was completed with no governmental or regulatory approvals required. CPL reported turnover of 20.5 Crore in FY 2026, down from 23.7 Crore in FY 2025 (a decline of about 13.5%), though up from 20.8 Crore in FY 2024 on a two-year basis, which is a flat-to-slightly-lower trend.

• · The acquisition follows an earlier intimation dated October 12, 2026 regarding further investment in PUPL
• · CPL was incorporated on July 23, 2019 in Indore, Madhya Pradesh
• · Transaction is not a related party transaction and no promoter or promoter group interest is disclosed
• · No governmental or regulatory approvals were required; the transaction is marked as completed

13-10-2026

Parvati Sweetners and Power Ltd. issued a Regulation 30 update stating that its acquisition of a 51% equity stake in Vedshree Food Industries Private Limited is progressing after shareholder approval, with the company now obtaining government approvals. The company states the transaction is on track for completion within the stipulated timeline, though no financial terms or quantitative figures were disclosed in this update.

• · Acquisition was previously recommended by the Executive Committee, recommended by the Audit Committee, approved by the Board, and approved by shareholders at a General Meeting
• · Share Purchase Agreement (SPA) was executed under the earlier disclosure dated May 30, 2026
• · Remaining step is obtaining approvals from concerned government authorities before completion
• · No purchase consideration, valuation, or financial impact of the acquisition is disclosed in this update

13-10-2026

GTPL Hathway's Board approved the acquisition of the remaining 74% equity stake in its subsidiary DL GTPL Cabnet Private Limited for Rs 8,32,50,000 (Rs 83.25 Crore), making it a wholly owned subsidiary, with completion expected by October 31, 2026. For the quarter ended September 30, 2026, revenue from operations rose 16.0% YoY to Rs 7,975.74 million, but net profit fell sharply to a loss of Rs (13.47) million from a profit of Rs 52.49 million a year earlier, and standalone trade receivables more than doubled from Rs 4,190.88 million at March 31, 2026 to Rs 11,312.20 million.

• · Acquisition is for consolidation of business operations; no promoter/group company interest; transferors are related parties of DL GTPL on arm's length basis
• · No governmental or regulatory approvals required for the DL GTPL acquisition
• · Acquisition expected to complete by October 31, 2026
• · Quarter-on-quarter, revenue rose from Rs 6,877.25 million (June 30, 2026 quarter) to Rs 7,975.74 million, while the quarter's net result swung to a loss from a Rs 20.12 million profit
• · Operating expenses rose to Rs 6,366.13 million in the quarter from Rs 4,972.41 million a year earlier, and finance costs rose 54% YoY to Rs 112.79 million
• · Standalone operating cash flow for H1 FY27 was Rs 1,229.18 million, but net cash used in investing was Rs (992.12) million and net cash from financing was Rs (348.63) million, leaving cash down to Rs 47.17 million
• · Auditor's review report on the standalone results carries no modification; Note 3 DoT demand is a contingent liability with no provision recognized, and the company asserts it has good merit grounds to defend

13-10-2026

Advent Hotels International Limited's Board approved a Share Purchase Agreement to acquire the remaining 25% equity stake in its 75% subsidiary BD&P Hotels (India) Private Limited for a total consideration of Rs. 40,00,00,000 (Rs. 40 Cr), making it a wholly owned subsidiary upon completion, expected by June 30, 2027. BD&P Hotels' turnover rose 3.9% to Rs. 102,36,75,000 in FY 2025-26 from Rs. 98,52,74,000 in FY 2024-25, though growth was more modest than the approximately 23.8% increase recorded in FY 2024-25 versus FY 2023-24.

• · Implied valuation for the 25% stake is approximately Rs. 40 Cr, the entire consideration is to be paid via banking channels
• · BD&P Hotels owns a 1.26-acre property at Andheri (East), Mumbai and operates a Hilton-branded hotel with 171 keys, banquets and conference facilities
• · No governmental or regulatory approvals are required for the acquisition
• · The selling shareholders are not related parties, so the transaction is not a related party transaction and promoters have no interest in BD&P Hotels beyond their existing shareholding
• · Completion timeline is on or before June 30, 2027, unless mutually extended by the parties

13-10-2026

Bandhan Bank Ltd (BSE: 541153) received a clarification request from the Exchange dated 13 October 2026, referencing a Moneycontrol news report of the same date quoting the bank's stock movement. The filing as provided contains no M&A terms, counterparties, valuation, or financial figures; the summary is truncated and the underlying news content is not reproduced. The event is therefore an exchange query on press-reported activity, not a confirmed merger or acquisition.

• · Filing is an Exchange clarification request, not a company-initiated M&A announcement
• · Underlying Moneycontrol news content and the stock movement quoted are not reproduced in the filing
• · Filing is classified as Merger/Acquisition by the source metadata, but no M&A terms appear in the provided text

13-10-2026

Info Edge (India) Limited's Board approved investments of about Rs. 100 crore each in two of its wholly owned subsidiaries: Startup Internet Services Limited (SISL) and Startup Investments (Holding) Limited (SIHL). For each, an initial tranche has been agreed (Rs. 20 crore for SISL and Rs. 25 crore for SIHL), with the balance (Rs. 80 crore and Rs. 75 crore respectively) to be infused in tranches within 1 year depending on future fund requirements. Both subsidiaries will remain wholly owned, and both had nil reported turnover over FY2023-24 to FY2025-26, so these are capital infusions into subsidiaries rather than acquisitions of new businesses.

• · SISL's FY2025-26 PAT was Rs. 1.77 crore and SIHL's was a loss of Rs. (0.02) crore, with SIHL net worth of Rs. 203.31 crore against SISL's Rs. 5.45 crore
• · Both subsidiaries reported nil turnover for FY2023-24 through FY2025-26
• · Transactions are described as arm's length, with no promoter, promoter group or group company interest, and no governmental or regulatory approvals required
• · Filing references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

13-10-2026

Maithan Alloys Limited disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015 that it acquired 765,000 equity shares of HFCL Limited through the stock exchange on October 12, 2026, for a total cost of Rs. 20.14 Crore, triggering a threshold disclosure requirement. The company states the investment is made for long-term/short-term investment benefits and that it does not intend to acquire control of HFCL's management. HFCL reported FY 2025-26 turnover of Rs. 4528 Crore, PAT of Rs. 253 Crore, and net worth of Rs. 4727 Crore.

• · Acquisition event occurred at 3:30 P.M. on October 12, 2026; company became aware of details on October 13, 2026 at 10:03 A.M.
• · Target entity is not a related party; no promoter or group company holds an interest in HFCL Limited.
• · Transaction was conducted at arm's length and involved cash consideration.
• · No governmental or regulatory approval was required for the acquisition.
• · HFCL Limited's turnover grew approximately 19% YoY from Rs. 3795 Crore in FY 2024-25 to Rs. 4528 Crore in FY 2025-26.

13-10-2026

National Fittings Limited has entered into two Memorandums of Understanding on October 13, 2026 to acquire a land parcel of approximately 4.5 acres (19,020 sq. meters) adjacent to its existing leased premise in Mudhela Village, Savli Taluka, Vadodara, Gujarat, where it is constructing a new manufacturing facility. The land cost is approximately Rs 4.65 crore, to be funded from internal accruals, and the Board approved the proposal via Circular Resolution 1/26-27 dated October 13, 2026.

• · Land is located adjacent to the Company's existing leased premise at R.S. 314/315, Khakariya Road, Mudhela Village, Savli Taluka, Vadodara District (PIN 391510), Gujarat
• · Filing made under Regulation 30 of SEBI (LODR) Regulations, 2015 and addressed to BSE Ltd, dated October 10, 2026

13-10-2026

Jubilant Ingrevia Limited has informed the exchanges that its proposed wholly-owned subsidiary, Jubilant Advanced Electronics Limited, was incorporated on October 12, 2026, following approval from the Registrar of Companies. This follows the company's October 1, 2026 Regulation 30 disclosure regarding the proposed incorporation, and all other particulars from that letter remain unchanged.

• · Event date and time of occurrence: October 12, 2026 at 7:52 P.M. (IST)
• · Scrip Code: 543271; Trading Symbol: JUBLINGREA
• · Subsidiary is a wholly-owned subsidiary (WOS) of Jubilant Ingrevia Limited

13-10-2026

HEG Graphite Limited, which was the resulting company under a composite scheme of arrangement, changed its name to HEG Limited effect October 12, 2026, as approved by the Registrar of Companies (MCA). The filing is an administrative corporate disclosure to BSE and NSE; the parent entity (HEG Advanced Materials Limited, formerly HEG Limited) is a separate company and the filing does not disclose financial results, deal terms, or operational changes.

• · Corporate Identification Number (CIN): U23994MP2024PLC071568
• · Certificate of Incorporation pursuant to change of name issued by the ROC Central Processing Centre on October 12, 2026
• · Exchange scrip code 509631 and symbol HEGAM (BSE/NSE)
• · Per the ROC note, the company must display its old name alongside the new name for two years at places where its name is displayed under Section 12 of the Companies Act
• · The name change does not affect the rights and liabilities of stakeholders

13-10-2026

Kedia Construction Company Limited's Board approved the allotment of 83,60,000 new equity shares of INR 1 each to the shareholders of Kirti Investments Limited (the Transferor Company) pursuant to Part III of the NCLT-approved Scheme of Arrangement and Amalgamation, with September 18, 2026 as the Record Date. Following the allotment, the issued and paid-up capital rises from 30,00,000 to 1,10,62,000 equity shares. Separately, 2,98,000 shares arising from Kirti Investments' crossholding in the Company were cancelled per the Scheme.

• · NCLT Mumbai Bench order dated April 06, 2026 (certified copy received April 08, 2026) approved the Scheme
• · Scrip Code on BSE: 508993
• · Board meeting held October 13, 2026, from 3:00 p.m. to 3:30 p.m.
• · New shares rank pari passu with existing equity shares