India Sector Consolidation Regulatory Filings — May 27, 2026

27-05-2026

The filing is a regulatory disclosure under SEBI (SAST) Regulation 29(2) regarding a substantial acquisition. Authum Investment & Infrastructure Ltd has reported an acquisition in Prataap Snacks Ltd. However, the filing contains no financial details, deal value, share count, or strategic rationale. The emails and sector classification are inconsistent (company is snacks/food, filing lists 'technology'), and no specific quantitative data beyond the event's existence is available.

• · Filing date: May 27, 2026
• · Exchange: BSE
• · Security ID: 540724 (Prataap Snacks Ltd)
• · Event type: Disclosures under Reg. 29(2) of SEBI (SAST)
• · Acquirer: Authum Investment & Infrastructure Ltd
• · Sector classification (as per filing header): 'technology' – this appears to be a miscategorization; Prataap Snacks is in the FMCG/snack foods sector

27-05-2026

Sunil Purushottanm Agarwal, a promoter group member, acquired 12,81,000 equity shares (0.1408% of total voting capital) of Paisalo Digital Limited on May 27, 2026 via open market purchase. Post-acquisition, his total holding increased from 12.3354% to 12.4762% of the voting capital.

• · Acquisition was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Regulation 29(2).
• · The acquirer is part of the promoter group.
• · No encumbrances (pledge/lien) were involved in the transaction.
• · The company's total equity share capital is ₹90,95,21,874 divided into 90,95,21,874 equity shares of Re. 1 each.

27-05-2026

T & I Global Ltd. received a disclosure under SEBI SAST Regulation 29(2) from Counter Cylical Investment Pvt Ltd. No deal structure, valuation, or strategic rationale is disclosed in the filing. The filing is purely a regulatory disclosure with no quantitative data on transaction value, share count, or financial metrics.

27-05-2026

DHP India Ltd. filed a disclosure under SEBI SAST Regulation 29(2) regarding Counter Cyclical Investment Pvt Ltd. No financial details, deal structure, or strategic rationale are provided in the filing. The disclosure is informational only.

• · Filing date: May 27, 2026
• · Source: BSE
• · Sector: Technology

27-05-2026

This filing is a routine disclosure under SEBI (SAST) Regulation 29(2) by Savita Oil Technologies Ltd for Simran G Mehra. No specific details regarding the nature of the transaction (merger, acquisition, or takeover), deal valuation, or strategic rationale are provided in the filing. The information is limited to the regulatory disclosure requirement itself.

• · Filing is under Regulation 29(2) of SEBI SAST, indicating a trigger event (crossing of threshold) has occurred for Simran G Mehra in Savita Oil Technologies.
• · No financial metrics, share counts, or valuation data are provided in the summary.

27-05-2026

Premier Energies Limited filed a disclosure under SEBI (SAST) Regulations, 2011, Regulation 29(2), regarding an acquisition by Surenderpal Singh Saluja & Others. The filing is purely a regulatory disclosure; no deal size, valuation, or strategic rationale is provided. The sector is classified as technology, but the company's primary business (solar energy) suggests a possible misclassification. No financial or operational metrics are disclosed.

• · Filing date: May 27, 2026
• · Source: BSE
• · Disclosure under Regulation 29(2) of SEBI SAST Regulations
• · Acquirer: Surenderpal Singh Saluja & Others
• · Sector classified as 'technology' in the filing, though Premier Energies is primarily a solar energy company

27-05-2026

The filing is a disclosure under SEBI (SAST) Regulation 29(2) for Swashthik Plascon Ltd, involving Sujathaa Mehta and Persons Acting in Concert (PACs). No specific financial metrics, deal size, valuation, or strategic rationale are disclosed in this regulatory filing. The event is purely a regulatory disclosure of a substantial acquisition of shares, but no quantitative data on transaction value, share count, or financial impact is provided.

27-05-2026

EPL Limited announced on May 27, 2026 that it has received approval from the Competition Commission of India (CCI) for the merger by absorption of Indovida India Private Limited into EPL Limited. The CCI conveyed its approval on May 26, 2026 under Section 31(1) of the Competition Act, 2002, and the detailed order is awaited.

• · The scheme was originally approved by the Board on March 29, 2026, subject to regulatory approvals.
• · The filing also mentions Indorama Netherlands Private Limited and Indorama B.V. as parties to the combination notice.
• · The CCI approval is under the Competition Act, 2002, Section 31(1), and the detailed order is still awaited.

27-05-2026

Poojawestern Metaliks Ltd filed a disclosure under SEBI SAST Regulation 29(2) on May 27, 2026, regarding Sunil Devram Panchmatiya and his PACs. The filing is purely a regulatory disclosure of acquisition of shares/voting rights; no deal size, valuation, or strategic rationale is provided. The sector is classified as technology, but the company's core business is metal fabrication, creating a sector mismatch.

• · Filing date: May 27, 2026
• · Regulation: SEBI SAST Regulation 29(2)
• · Acquirer: Sunil Devram Panchmatiya & PACs
• · Target: Poojawestern Metaliks Ltd (BSE: 540727)
• · Sector classified as technology in the filing, but company's primary business is metal fabrication

27-05-2026

G R Infraprojects Limited has disclosed a filing under SEBI (SAST) Regulations, 2011, Regulation 29(2), by Harish Kumar Agarwal and his PACs. While the filing confirms a disclosure event, the filing summary contains no details on the deal structure, valuation, rationale, or shareholding changes. The sector is listed as 'technology', but G R Infraprojects is an infrastructure/E&C company, which may be a tagging error. Likely this is an acquisition of shares triggering a mandatory disclosure rather than a merger or demerger.

27-05-2026

RateGain Travel Technologies Ltd has received a disclosure under SEBI (SAST) Regulations, 2011 from Sundaram Large & Mid Cap Fund, indicating a substantial acquisition of shares. However, the filing does not disclose the deal size, valuation, or specific shareholding changes, limiting the ability to assess materiality or strategic impact.

27-05-2026

Hemant Surgical Industries Limited has entered into a Share Purchase Agreement to acquire 66.66% equity shareholding of Lifesenz Cancer Research Labs Private Limited for a cash consideration of Rs. 19,99,80,000/- (Rs. Nineteen Crore Ninety-Nine Lakhs Eighty Thousand only). The acquisition is a related party transaction, as existing promoters/directors/shareholders of Lifesenz are also promoters/directors/shareholders of Hemant Surgical, but it is proposed to be undertaken at arm's length based on a registered valuer's report. The target entity, Lifesenz Cancer Research Labs, is engaged in healthcare and cancer diagnostic support services, but it reported a turnover of only Rs. 56.75 Lakhs and a net loss of Rs. (74.76) Lakhs for FY 24-25, with a negative net worth of Rs. (221.84) Lakhs.

• · The acquisition is a related party transaction; existing promoters/directors/shareholders of Lifesenz are also promoters/directors/shareholders of Hemant Surgical.
• · The transaction is proposed at arm's length based on a valuation report from a Registered Valuer.
• · Lifesenz Cancer Research Labs was incorporated on February 28, 2022, and operates in India.
• · The acquisition is expected to be completed on or before September 30, 2026.
• · The target entity has a negative net worth of Rs. (221.84) Lakhs and a net loss of Rs. (74.76) Lakhs for FY 24-25.

27-05-2026

Promoter Amitaabh Goenka acquired 1,05,516 equity shares (0.10% of total share capital) of Premier Polyfilm Limited through open market purchase on May 26, 2026, increasing his stake from 11.90% to 12.00%. The acquisition was disclosed under SEBI Takeover Regulations and reflects a marginal increase in promoter holding.

• · The acquisition was made through open market purchase on May 26, 2026.
• · The total diluted share capital of the company is ₹10,47,42,475 consisting of 10,47,42,475 equity shares of ₹1 each.
• · No shares were reported as encumbered (pledged) before or after the acquisition.
• · The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

27-05-2026

India Homes Limited (BSE: 513361) has received a disclosure under SEBI SAST Regulation 29(2) from Isisales India Pvt Ltd & Others, indicating a potential change in substantial shareholding or control. The filing is purely a regulatory disclosure and does not provide any financial details, deal structure, or strategic rationale. No positive or negative performance metrics are available in this filing.

• · Disclosure received under SEBI SAST Regulation 29(2) from Isisales India Pvt Ltd & Others
• · No deal size, valuation, or share count disclosed in the filing
• · Sector classified as technology, though company name suggests real estate/housing

27-05-2026

Starlight Capital Private Limited, a promoter group entity, acquired 21,000 equity shares (0.13% of paid-up capital) of Trishakti Industries Ltd through open market purchase on May 27, 2026. Post-acquisition, Starlight Capital's total holding (including warrants/convertible securities) increased to 2,21,000 shares, representing 1.24% of the diluted voting capital. The filing does not provide any period-over-period financial performance data for the company.

• · The acquisition was made through open market purchase on BSE.
• · Starlight Capital is part of the promoter/promoter group of Trishakti Industries.
• · The company's paid-up equity capital consists of 1,64,76,550 shares of face value ₹2 each, totaling ₹3,29,53,100.
• · Starlight Capital also holds 2,00,000 warrants/convertible securities (1.11% of diluted capital), which remained unchanged.

27-05-2026

RDB Infrastructure and Power Limited's board approved audited financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The company also approved investment of Rs. 4,35,000 in Maxim Industries Private Limited (a proposed solar cell manufacturing entity) for a 29% stake, and allotted 1,36,50,000 equity shares upon conversion of warrants, receiving Rs. 41,46,18,750. However, 1,78,00,000 warrants were forfeited due to non-exercise of conversion options by major allottees including Multitude Growth Funds Limited (1,50,00,000 warrants) and several individuals, indicating significant unmet conversion expectations.

• · Audited financial results for Q4 and FY ended March 31, 2026, received unmodified audit opinion from LB Jha & Co. LLP.
• · Warrant conversion deadline was May 26, 2026; 1,78,00,000 warrants were forfeited.
• · Major forfeited warrants: Multitude Growth Funds Limited (1,50,00,000 warrants), Kinnari Vikas Shah (10,00,000), Arun Kumar Sancheti (6,25,000), Vikas Gupta (2,50,000).
• · The company's equity shares were sub-divided from face value Rs. 10 to Re. 1 effective February 28, 2025, affecting warrant counts and issue prices.
• · Total issued shares increased to 22,36,59,000 after conversion.

27-05-2026

Carborundum Universal Limited has completed the acquisition of a 29.58% equity stake in Putrim Renewables Private Limited (PRPL) for an investment of Rs.6.48 crore. This follows a Power Purchase Agreement announced on 10th April 2026 and a Share Subscription and Shareholders’ Agreement with CSE Development (India) Private Limited and PRPL. The acquisition strengthens Carborundum's position in the renewable energy sector.

• · The acquisition was completed on 27th May 2026.
• · The investment is part of a Share Subscription and Shareholders’ Agreement with CSE Development (India) Private Limited and PRPL.
• · A Power Purchase Agreement with PRPL was previously executed on 10th April 2026.

27-05-2026

Centrum Capital Ltd filed a disclosure under SEBI SAST Regulations for JBCG Advisory Services Pvt Ltd. No financial details, deal structure, or strategic rationale were disclosed in the filing.

27-05-2026

Trilochan Singh Sahney Trust 1, a promoter of NRB Bearings Limited, reported the release of 13,83,839 pledged equity shares (1.43% of total share capital) on May 27, 2026, following prepayment of a loan, with the shares released by Aditya Birla Capital Limited. Additionally, the trust sold 48,378 equity shares over May 25-27, 2026. Post-event, total promoter shareholding stands at 49.24% (4,77,21,094 shares), of which 31.71% (3,07,38,681 shares) remain encumbered, indicating that while some pledge was reduced, a significant portion of promoter holdings is still pledged.

• · The release of 13,83,839 shares reduced the encumbered shares from 14,53,839 (1.50%) to 70,000 (0.07%) for Trilochan Singh Sahney Trust 1, but overall promoter encumbrance remains high at 31.71% of promoter holdings.
• · The ratio of security value (Rs. 1187.65 Crore) to amount involved (Rs. 262 Crore) is 4.53:1, indicating significant over-collateralization.
• · The unpledged shares were released by Aditya Birla Capital Limited, a scheduled commercial bank/NBFC.
• · No other promoter or PAC reported any change in encumbrance during the period; all other promoters have nil encumbered shares.

27-05-2026

OnEMI Technology Solutions Ltd's Board approved audited financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion. The company also approved a Postal Ballot to amend employee stock option plans and approved incorporation of a wholly owned subsidiary. The consolidated financial results include the subsidiary Si Creva Capital Services Private Limited, which reported total revenue of Rs. 15,413.26 million for the year and net profit of Rs. 1,482.37 million.

• · Auditor issued unmodified opinion on consolidated financial results for year ended March 31, 2026.
• · Postal Ballot sought for amendment and ratification of three ESOP plans (2019, 2021, 2022) and extension of grants to eligible employees of group companies in India and abroad.
• · Board approved incorporation of a Wholly Owned Subsidiary (WOS) under the Companies Act, 2013.
• · Subsidiary Si Creva Capital Services had total assets of Rs. 37,300.10 million as at March 31, 2026.
• · No period-over-period comparisons were disclosed in this filing for the company's own performance.

27-05-2026

Advait Energy Transitions Limited incorporated a new subsidiary, Advait BESS Bhesaan Private Limited, on May 27, 2026, with an authorized and paid-up share capital of ₹1,00,000. The subsidiary will focus on Battery Energy Storage Systems (BESS) and related services. The company acquired 51% shareholding via cash consideration.

• · Subsidiary incorporated on May 25, 2026, under CIN U35106GJ2026PTC178464.
• · Registered office at A 801-803 Sankalp Iconic, Opp Vikram Nagar, Bodakdev, Ahmadabad-380054, Gujarat.
• · Main object includes EPC/turnkey of BESS for captive, grid-connected, and off-grid applications.
• · No governmental or regulatory approvals required for the acquisition.
• · Consideration is cash at face value for subscription of shares.
• · Advait BESS Bhesaan Private Limited is a related party.

27-05-2026

South India Paper Mills Ltd (SIPM) has entered into a Share Subscription cum Shareholder's Agreement (SSSHA) to acquire 1,40,000 equity shares (26% stake) of Clean Wind Power (Manvi) Pvt Ltd for a cash consideration of ₹14,00,000. The acquisition is part of a Group Captive Structure to secure 11.6 million units of wind power for SIPM's industrial facilities. However, Clean Wind Power's revenue has declined over the last three years, from ₹854,476,010 (FY2024 audited) to ₹609,680,700 (FY2026 provisional), representing a 28.6% drop over the period.

• · The acquisition is not a related party transaction; Clean Wind Power and Hero Rooftop Energy are not related to SIPM's promoter/promoter group.
• · Clean Wind Power (Manvi) Pvt Ltd was incorporated on 14 July 2014 and operates as an Independent Power Producer in Karnataka, India.
• · The equity shares are being acquired at a face value of ₹10 per share.
• · Power supply is tentatively expected to start by 1 August 2026.
• · The acquisition is expected to be completed within July 2026.

27-05-2026

Aditya Infotech Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The Board recommended a final dividend of ₹1.64 per share (164% of face value) and approved further investment of up to USD 400,000 in its wholly owned subsidiary, Aditya Infotech Taiwan Co. Ltd. The filing does not provide period-over-period financial comparisons, so performance trends cannot be assessed.

• · The Board meeting commenced at 16:45 IST and concluded at 17:56 IST on May 27, 2026.
• · The financial results include audited standalone and consolidated figures for the quarter and year ended March 31, 2026.
• · The audit report from Walker Chandiok & Co LLP contains an unmodified opinion.
• · The proposed dividend of ₹1.64 per share is subject to shareholder approval at the forthcoming AGM.
• · The investment in Aditya Infotech Taiwan Co. Ltd is capped at INR equivalent of USD 400,000.
• · Three subsidiaries (two outside India) were not audited by the principal auditor; their combined total assets were ₹15,027.02 million, total revenues ₹21,607.12 million, net profit after tax ₹291.66 million, total comprehensive income ₹291.69 million, and net cash outflows ₹770.98 million for the year ended March 31, 2026.

27-05-2026

The President of India, acting through the Department of Financial Services, Ministry of Finance, sold 73,16,12,102 equity shares (8.08% of total paid-up capital) of Central Bank of India via an Offer for Sale (OFS) mechanism on May 22 and May 25, 2026. The sale reduced the government's stake from 89.21% to 81.19%, with an additional oversubscription option of up to 36,20,56,051 shares (4%) and a separate employee offer of 75,00,000 shares (0.1%). The transaction was executed under SEBI Takeover Regulations and OFS guidelines.

• · The OFS was conducted on May 22, 2026 (T day for non-Retail Investors) and May 25, 2026 (T+1 day for Retail Investors, Employees, and unallotted non-Retail bids).
• · The government retained the option to sell an additional 36,20,56,051 shares (4% of capital) via oversubscription.
• · A separate employee offer of 75,00,000 shares (0.1% of capital) was made to eligible employees.
• · The sale was executed under Regulation 29(2) of SEBI Takeover Regulations, 2011, and the filing was made within 2 working days of closure.
• · No shares were encumbered or pledged before or after the sale.

27-05-2026

Rakesh Dungarmal Tainwala, a promoter of Tainwala Chemicals & Plastics (India) Ltd, has revised his proposed acquisition of equity shares from his brother Rajkumar Tainwala via gift from 6,00,232 shares (6.41%) to 5,86,464 shares (6.26%). The transaction, exempt from open offer under SEBI SAST Regulations, will increase Rakesh Tainwala's stake from 0% to 6.26% while reducing Rajkumar Tainwala's holding from 6.46% to 0.20%, with no consideration involved.

• · The proposed acquisition is exempt from open offer under Regulation 10(1)(a)(i) of SEBI SAST Regulations, 2011 as it is an inter-se transfer by way of gift between immediate relatives.
• · Post-transaction, Rajkumar Tainwala's shareholding will drop from 6.46% (6,05,060 shares) to 0.20% (18,596 shares).
• · Other promoter entities (Shobha Ramesh Tainwala, Ramesh Tainwala, Arushi Rajkumar Tainwala, Concept Reality and Securities Pvt Ltd, Tainwala Holdings Pvt Ltd, Periwinkle Fashions Pvt Ltd) will see no change in their holdings.
• · The proposed date of acquisition is on or after June 1, 2026.

27-05-2026

Dr. Sowmya Deshpande, a non-promoter shareholder of Family Care Hospitals Limited, disclosed the sale of 148,596 shares (0.28% of total share capital) via open market transactions between May 19-22, 2026. Post-sale, her holding reduced from 7.1% to 6.82% of the total share capital, while the diluted voting capital remained unchanged at 5.28%.

• · The sale was executed in the open market over four days: May 19 to May 22, 2026.
• · The acquirer is not part of the promoter/promoter group.
• · No shares were encumbered before or after the transaction.
• · The total diluted share capital remained unchanged at ₹54,01,47,740 (5,40,14,774 shares of ₹10 each).

27-05-2026

Parshav Vatika LLP, along with PACs K8 Products LLP and Tidagela Ventures Private Limited, acquired a 67.17% stake in Lykis Limited under SEBI Takeover Regulations. The transaction was completed on May 25, 2026, via an off-market share purchase (1,30,14,966 shares) and a mandatory open offer (201 shares). The promoter group will relinquish control, and the acquirers will become the new promoters of the target company, listed on BSE Limited.

• · Share Purchase Agreement date: December 18, 2025.
• · Acquiring entities are not part of the existing promoter group.
• · Compliance under Regulation 31A of SEBI LODR Regulations, 2015 required for formal promoter change.
• · Face value of equity shares: ₹10 each.
• · Stock exchange where shares are listed: BSE Limited.

27-05-2026

Euro Pratik Sales Limited received a disclosure from designated persons (acquiror and PACs) under SEBI Takeover Regulations, reporting an aggregate open market acquisition of 1,055,873 equity shares (1.03% of voting capital) on May 26, 2026. Post-acquisition, the acquirer group (led by Jai Gunvantraj Singhvi and PACs) holds 34.09% of the total voting capital, up from 33.06% before the acquisition. However, several named PACs, including Dipty Pratik Singhvi, Nisha Jai Singhvi, and entities like Mirage Intex LLP, reported zero new shares acquired during this period, indicating the acquisition was concentrated among a few family/HUF members.

• · The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, which requires disclosure upon crossing thresholds or material changes.
• · The acquirer and PACs hold shares both as individuals and as HUFs – the largest single block is Jai Gunvantraj Singhvi HUF at 22.92% post-acquisition.
• · Several PACs including Dipty Pratik Singhvi (5.87%), Nisha Jai Singhvi (5.87%), Mirage Intex LLP (1.50%), and Niraj Intex LLP (0.97%) made no additional purchases in this transaction.
• · No encumbered shares (pledge/lien) are reported by the group either pre- or post-acquisition.
• · The equity capital remained unchanged at ₹10,22,00,000 divided into 10,22,00,000 equity shares of Re. 1 each.

27-05-2026

Swarna Malhotra, along with Persons Acting in Concert (PACs), acquired 3 equity shares of Sunshield Chemicals Ltd. on May 25, 2026, increasing their collective holding from 58,52,190 shares (66.54%) to 58,52,193 shares (66.54%). The acquisition was made via open market purchase. The promoter group's stake remains unchanged at 66.54% post-acquisition.

• · The acquisition was made under Regulation 29(2) of SEBI Takeover Regulations.
• · No encumbrance (pledge/lien) on shares before or after acquisition.
• · Equity share capital remained unchanged at ₹8,79,48,360.

27-05-2026

Mukul Agrawal and Param Value Investments (acting in concert) have disclosed a net reduction of 10,12,500 shares (4.647% of voting capital) in Siyaram Recycling Industries Ltd. between April 23 and May 25, 2026, reducing their combined stake from 6.138% to 1.492%. The sale was executed through open market transactions, and the acquirers are not part of the promoter/promoter group.

• · The sale was executed in the open market over the period April 23, 2026 to May 25, 2026.
• · The acquirers are not part of the promoter/promoter group.
• · The total equity share capital of the target company remained unchanged at 2,17,89,212 equity shares of ₹10 each (₹21,78,92,120).
• · No convertible securities or warrants were involved in the transaction.

27-05-2026

Afcons Infrastructure Ltd has filed a disclosure under Regulation 31(1) and 31(2) of the SEBI (SAST) Regulations, 2011 on May 26, 2026, for Goswami Infratech Pvt Ltd. The filing is purely a regulatory disclosure of a substantial acquisition of shares and takeovers; no financial details, deal structure, valuation, or strategic rationale are disclosed. The sector is stated as technology, though the target's name suggests infrastructure. The analysis is severely constrained by the lack of any quantitative or strategic data in the filing.

27-05-2026

BCP Topco IX Pte. Ltd., the promoter of Mphasis Limited, has refinanced its existing USD 1,100,000,000 (USD 1.1B) facility (2021 Facility) with a new USD 550,000,000 (USD 550M) facility (2026 Facility) dated May 12, 2026. The refinancing resulted in the release of the 2021 encumbrance and the simultaneous creation of a fresh encumbrance (including a direct pledge over 100% of the promoter's 5,82,99,642 shares in Mphasis, representing 30.55% of total share capital) in favor of the new lenders. There is no change in the promoter's shareholding in Mphasis, and the transaction is purely a refinancing exercise.

• · The 2021 Facility was originally availed on July 1, 2021, for up to USD 1,100,000,000.
• · The 2026 Facility was availed on May 12, 2026, for up to USD 550,000,000, a reduction of USD 550M from the prior facility.
• · The 2021 encumbrance was an indirect pledge over 100% of the shares of BCP Topco IX Pte. Ltd. held by its parent; the 2026 encumbrance includes a direct first-ranking exclusive pledge over 100% of the Mphasis shares held by BCP Topco IX Pte. Ltd.
• · The 2026 Facility is syndicated among 9 lenders, including Citibank, Barclays, MUFG, HSBC, Morgan Stanley, BNP Paribas, Deutsche Bank, J.P. Morgan, and Nomura.
• · The refinancing was completed on May 15, 2026, with the 2021 Facility repaid in full on the same date.
• · The end use of the 2026 Facility includes refinancing existing indebtedness, payment of dividends and other distributions to shareholders of the Borrower, and payment of fees and expenses.
• · The security cover ratio is 2.302 (asset value of shares ₹121,449,814,214 vs. amount involved ₹52,756,000,000).

27-05-2026

Physicswallah Limited approved an investment of approximately INR 120 crore in its wholly owned subsidiary FinZ Finance Private Limited via subscription to 2,66,66,667 equity shares at ₹45 per share (face value ₹10 + premium ₹35). The investment aims to augment working capital and scale up FinZ Finance's NBFC operations, which commenced in March 2026 with a turnover of only INR 0.01 million in FY26. FinZ Finance had nil turnover in FY25 and was not applicable in FY24, indicating negligible revenue generation so far.

• · FinZ Finance received its NBFC license from RBI on September 2, 2025, and commenced operations in March 2026.
• · The transaction is a related party transaction but done at arm's length; Physicswallah holds no other interest in FinZ Finance beyond shareholding.
• · The investment is via cash consideration; no change in shareholding percentage (remains wholly owned subsidiary).
• · FinZ Finance's turnover for FY24 was 'Not Applicable' as it was incorporated on July 2, 2024.

27-05-2026

Lancor Holdings Limited has received a certified order from the National Company Law Tribunal (NCLT), Chennai Bench, approving the merger of its wholly owned subsidiary, Lancor Maintenance & Services Limited (which had nil turnover as of Dec 2025), into itself, with an appointed date of April 1, 2024. The merger is a consolidation move that will not involve any cash consideration, share exchange, or change in the shareholding pattern of the listed entity. The objective is to achieve operational efficiency, cost reduction, and streamlined management, though the subsidiary's nil turnover indicates minimal current operational impact.

• · The appointed date for the scheme is April 1, 2024, and the scheme will become effective upon filing the certified NCLT order with the Registrar of Companies.
• · The merger is exempt from related-party transaction provisions under SEBI LODR Regulation 23(5)(b) because it involves a wholly owned subsidiary.
• · Lancor Maintenance & Services Limited is engaged in maintenance services, while Lancor Holdings is in real estate construction and development.
• · There is no cash consideration or share exchange ratio because the subsidiary is wholly owned; the holding company's investment in the subsidiary's equity shares will be cancelled.
• · The filing notes that the merger will not prejudice the interests of any shareholder or creditor of either entity.

27-05-2026

Wim Plast Ltd. (WPL) has been dissolved without winding up following the sanction of a Composite Scheme of Arrangement by the NCLT, Ahmedabad Bench, effective May 27, 2026, with an appointed date of April 1, 2025. Under the scheme, WPL's demerged unit will be part of Cello Consumer Products Private Limited (CCPPL) and the merged unit will be part of Cello World Limited (CWL). The Record Date for allotment of CWL equity shares to WPL shareholders is June 9, 2026. The scheme became effective on the same day as the board meeting, and the previously scheduled EGM for director regularization has been cancelled.

• · The NCLT order was dated May 14, 2026.
• · The appointed date for the scheme is April 1, 2025.
• · Record Date for CWL equity share allotment is June 9, 2026.
• · The board meeting started at 12:30 PM and ended at 1:35 PM on May 27, 2026.
• · The EGM scheduled for June 6, 2026, regarding Mr. Ramesh F. Ranka's appointment as Independent Director has been cancelled as infructuous.

27-05-2026

Jaysynth Orgochem Limited's Board approved the incorporation of a wholly owned subsidiary in Hong Kong to support trading activities, including procurement and export opportunities. The subsidiary will be 100% cash-funded, but no financial details or timeline for incorporation were disclosed.

• · The subsidiary will be incorporated in Hong Kong, subject to approvals from Hong Kong Companies Registry, Hong Kong Inland Revenue Department, and under FEMA (Overseas Investment) Rules, 2022.
• · The company will subscribe to 100% of the initial paid-up share capital in cash.
• · No cost of subscription or share price has been disclosed as the entity is yet to be incorporated.

27-05-2026

Grovy India Limited announced the acquisition of a new premium luxury residential project in Defence Colony, New Delhi, with an estimated development area of 15,000 sq. ft. The acquisition aligns with the company's strategy to strengthen its presence in South Delhi's high-end residential market and is expected to contribute positively to long-term growth. No financial terms or prior-period comparisons were disclosed, and the company voluntarily stated the disclosure is not material.

• · The project is located in Defence Colony, New Delhi, a prestigious South Delhi neighborhood.
• · The company voluntarily disclosed the information, stating it does not qualify as material information.
• · No acquisition cost or financial consideration was disclosed.