India Sector Consolidation Regulatory Filings — June 23, 2026

23-06-2026

Rashi Peripherals Limited (RP tech) has entered into a binding agreement to acquire a 67% stake in VDA Infosolutions Private Limited for a cash consideration of INR 3.68 Bn, based on an equity valuation of INR 5.5 Bn. VDA Infosolutions, a Mumbai-based enterprise technology and digital infrastructure solutions company, reported FY26 revenue of ~INR 8.5 Bn and employs over 1,000 professionals. The acquisition is aimed at expanding RP tech's capabilities into high-growth segments such as AI, cybersecurity, cloud infrastructure, and managed services, transforming it from a value-added ICT distributor into a fully integrated technology solutions and services enterprise.

• · The acquisition was announced on June 23, 2026.
• · Singhi Advisors acted as exclusive strategic & financial advisor to Rashi Peripherals on this transaction.
• · VDA Infosolutions was founded in 2010 in Mumbai by first-generation technopreneurs.
• · VDA Infosolutions operates across Mumbai, Pune, Delhi, Chennai, Bangalore, Kolkata, Hyderabad, and Ahmedabad.
• · VDA is an authorized partner to global technology leaders including IBM (Platinum Partner), Dell Technologies (Titanium Partner), Broadcom (Premier & Professional Services Partner), Cisco (Data Center Partner), Palo Alto Networks (Diamond Partner), Red Hat (Advance Business Partner), Commvault, Cohesity, Hitachi Vantara, Checkpoint, and Nutanix.
• · The Indian technology solutions and digital infrastructure market is projected to grow to USD 133 Bn by 2035 at a CAGR of 18%.
• · Gartner forecasts overall IT spending in India to increase by 11% to nearly USD 176 Bn in 2026.

23-06-2026

Gem Aromatics Limited's Board of Directors, at its meeting on June 23, 2026, approved the incorporation of a wholly owned subsidiary in Brazil, with an equity investment of up to ₹2,00,00,000 (₹2 Crore) and a Standby Letter of Credit of up to ₹15,00,00,000 (₹15 Crore). The board also reappointed M/s. RANK & Associates as Internal Auditor for FY 2026-27 and appointed M/s. N. L. Bhatia & Associates as Secretarial Auditor for a five-year term. No financial performance data or period-over-period comparisons were provided in this filing.

• · The proposed Brazil subsidiary will be engaged in distribution of Essential oils, Aromatic chemicals and Specialty chemicals for Gem Aromatics Limited and its material Wholly Owned Subsidiary Krystal Ingredients Private Limited.
• · The subsidiary will be 100% owned by Gem Aromatics Limited.
• · Incorporation is subject to applicable provisions of FEMA, RBI regulations, and necessary regulatory approvals in Brazil.
• · M/s. RANK & Associates is a Category I firm empanelled with CAG and RBI, with offices in Mumbai, Bengaluru, Ahmedabad, Hyderabad and Dubai.
• · M/s. N. L. Bhatia & Associates was founded in 1996 and has collective experience of over half a century.
• · The Board meeting lasted from 15:16 to 15:35.

23-06-2026

GTPL Hathway Limited has entered into a Business Transfer Agreement with seven companies belonging to the ACT Group to acquire their cable television business for an aggregate cash consideration of Rs. 36.23 crore, by way of slump sale on a going concern basis. The acquisition covers approximately 6.00 lakh subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka, and is expected to be completed by September 15, 2026. However, the combined turnover of the acquired entities has been declining over the past three fiscal years, from Rs. 2044.08 million in FY 2023-24 to Rs. 1642.89 million in FY 2025-26, indicating a downward trend in the acquired businesses.

• · The acquisition is by way of slump sale on a going concern basis.
• · The transaction is not a related party transaction; none of GTPL's promoter/promoter group/group companies have any interest in the acquired entities.
• · No governmental or regulatory approvals are required for the acquisition.
• · The acquisition is expected to be completed by September 15, 2026.
• · Individual turnover declines: A.C.N Cable Private Limited (FY 2025-26: Rs. 722.52 million vs FY 2023-24: Rs. 827.77 million), ACT Digital Home Entertainment Private Limited (FY 2025-26: Rs. 669.42 million vs FY 2023-24: Rs. 831.35 million), Atria Broadband Services Private Limited (FY 2025-26: Rs. 95.34 million vs FY 2023-24: Rs. 131.72 million), Kable First India Private Limited (FY 2025-26: Rs. 35.76 million vs FY 2023-24: Rs. 111.26 million).

23-06-2026

Hubtown Limited has obtained shareholder and unsecured creditor approval for two schemes of arrangement to merge Saicharan Consultancy Private Limited (SCPL) and 25 West Realty Private Limited into Hubtown. The SCPL merger will consolidate Hubtown's ownership in its subsidiary Rare Townships Private Limited, increasing its revenue share in the 'Rising City' project by 21.17%, while the 25 West merger brings a super-luxury project in Bandra (West) expected to generate total revenue of approximately ₹6,000 crore. Both schemes remain subject to NCLT sanction and other regulatory approvals.

• · The SCPL merger was approved by Hubtown's equity shareholders and unsecured creditors following an NCLT order dated April 9, 2026.
• · The 25 West merger was approved by Hubtown's equity shareholders following an NCLT order dated May 4, 2026.
• · SCPL held a 21.17% equity stake in Rare Townships Private Limited (RTPL), a subsidiary of Hubtown, at the time of board approval.
• · In the 'Rising City' project, 5 out of 6 residential buildings have been completed and received Occupation Certificates; the last building is expected to be completed by March 2027.
• · The 25 West project is described as a super-luxury residential project in Bandra (West), Mumbai, expected to generate strong demand and financial returns.
• · Both schemes remain subject to sanction by the Hon'ble NCLT and other statutory/regulatory approvals.

23-06-2026

Rudra Gas Enterprise Limited has incorporated a wholly-owned subsidiary, Rudra Bio Energy Private Limited, on June 20, 2026, with the certificate of incorporation received on June 23, 2026. The company subscribed to 51% of the subsidiary's paid-up share capital, amounting to ₹51,000 (5,100 equity shares of ₹10 each). The subsidiary is yet to commence business, and no turnover or material financial impact is reported.

• · The subsidiary is incorporated to engage in the business of bio fuels and related activities, including manufacturing, processing, refining, and trading of various gases and energy products.
• · The incorporation does not fall within related party transactions, and the promoter/promoter group has no interest in the entity.
• · No governmental or regulatory approvals are required beyond the incorporation process.
• · The subsidiary has not yet commenced business; size and turnover are not applicable.

23-06-2026

Mr. Sandeep M. Arora, Ms. Megha M. Arora, and Ms. Mona M. Arora acquired shares of Sonal Adhesives Limited from Ms. Kamal Arora under Regulation 10(1)(g) of the SEBI SAST Regulations, exempting them from making an open offer. Post-transaction, Mr. Sandeep M. Arora holds 3,30,031 shares (5.45%), Ms. Megha M. Arora holds 2,05,269 shares (3.38%), and Ms. Mona M. Arora holds 1,64,100 shares (2.70%).

• · Exemption relied upon: Regulation 10(1)(g) of SEBI SAST Regulations.
• · No disclosure under regulation 10(5) was required (NA).
• · Transaction date: June 23, 2026, place: Mumbai.

23-06-2026

Go Fashion (India) Limited filed a disclosure under SEBI SAST Regulations 2011 (Regulation 31(1) and 31(2)) on June 23, 2026, for Rahul Saraogi. The filing pertains to a substantial acquisition of shares or voting rights. However, no specific deal structure, transaction value, share count, percentage changes, or strategic rationale are disclosed in the filing.

• · Filing received by Exchange on June 23, 2026
• · Disclosing entity is Rahul Saraogi (individual acquirer)
• · Regulation 31 triggered - indicates acquisition of shares/voting rights exceeding specified thresholds
• · No details on whether this is a creeping acquisition, open offer, or other SAST trigger event

23-06-2026

Gayatri Highways Limited proposes to acquire 10,67,729 equity shares (23.00% of equity) of HKR Roadways Limited from Kotak Special Situations Fund; the acquisition indicative completion timeline has been extended from on or before 30 June, 2026 to on or before 30 September, 2026. The target's recent revenues show growth: Total Revenue increased from INR 22,539.75 Lakh in FY 2022-23 to INR 24,578.30 Lakh in FY 2023-24 and further to INR 26,402.61 Lakh in FY 2024-25, indicating steady improvement, however the definitive cash consideration is not yet disclosed and will be decided at consummation of the purchase agreement.

• · Indicative completion date for the acquisition extended from on or before 30 June, 2026 to on or before 30 September, 2026.
• · Consideration amount (cash or other) is not disclosed; the Consideration will be decided at the time of consummation of the Securities Purchase Agreement.
• · Acquisition does not fall within related party transactions and promoters/promoter group have no interest in the Target Company.
• · Target Company incorporated on 09 August, 2010 and operates in India under a PPP BOT concession to collect tolls on SH-1 (Km 28.200 to Km 235.058).
• · Approval from the Roads & Buildings Department, Government of Telangana has been obtained.

23-06-2026

Purohit Construction Ltd's board approved the incorporation of a new LLP, 'PEB PCL INFRACON LLP', to expand into pre-engineered buildings and infrastructure. The company will contribute ₹51,000 for a 51% stake and profit share. The LLP is yet to be incorporated, so no financials or turnover are available.

• · Board meeting held on 23rd June 2026 from 3:00 p.m. to 3:50 p.m.
• · LLP will be registered in India under the LLP Act, 2008, subject to MCA approval.
• · The proposed LLP may become a related party upon incorporation; transaction is at arm's length.
• · Industry: Pre-Engineered Buildings (PEB), Infrastructure, Construction and Engineering Activities.
• · Consideration is cash; no turnover or size data as entity is yet to be incorporated.

23-06-2026

Concord Enviro Systems Limited has published newspaper advertisements on June 23, 2026, regarding the hearing of a petition for a Scheme of Arrangement between the company and its shareholders under Sections 230, 52, and 66 of the Companies Act, 2013. The petition has been admitted by the National Company Law Tribunal, Mumbai Bench, and is fixed for hearing on July 23, 2026. The filing also includes extensive procedural notices and public hearing details, but no financial figures or performance metrics are disclosed.

• · The petition was filed before the Hon’ble National Company Law Tribunal, Mumbai Bench.
• · The hearing is scheduled for 23rd July 2026.
• · The newspaper advertisements were published in Business Standard (English) and Navshakti (Marathi) on 23rd June 2026.
• · The company's CIN is L45209MH1999PLC120599 and its stock symbol is CEWATER (NSE) / Scrip Code 544315 (BSE).
• · The filing is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

23-06-2026

Sunteck Realty Limited has incorporated two wholly-owned subsidiaries, Eminara Realty Private Limited and Eminara Lifespace Private Limited, on 20th June 2026. The company subscribed to 10,000 equity shares of ₹10 each in each subsidiary for a total cash consideration of ₹1,00,000 per subsidiary. This is a routine corporate structuring move with no immediate financial impact.

• · The subsidiaries were incorporated on 20th June 2026, with certificates of incorporation made available on the MCA website on 22nd June 2026.
• · The business of each subsidiary is real estate and allied activities.
• · The subscription is done via cash consideration and does not involve related party transactions.

23-06-2026

Batliboi Limited announced the acquisition of 100% equity of Penta Automation Systems Private Limited and its group company PAtS Robotics Private Limited for a total consideration of INR 20 crore. The deal includes an upfront payment of INR 15.84 crore for an 80% stake and deferred consideration of INR 3.96 crore payable in five annual installments starting April 1, 2027. While the Penta Group's revenue grew to INR 25.17 crore in FY2025-26 from INR 19.93 crore in FY2024-25, revenue had declined from INR 20.31 crore in FY2023-24 to INR 19.93 crore in FY2024-25, indicating uneven growth.

• · The per-share value for Penta shares (face value ₹10 each) is ₹180.98.
• · Manders Industries B.V. holds 49% stake in Penta; founders Dharmesh Mistry and Avani Mistry hold 51%.
• · The acquisition is expected to close on or before July 31, 2026.
• · Penta is headquartered in Umbergaon, Gujarat.
• · Penta's blue-chip customers include SKF, Tenneco, Schaeffler, and Siemens.
• · Batliboi had previously acquired QuickMill, Canada for its global machine tools presence.

23-06-2026

Honasa Consumer Limited (Mamaearth) has approved the acquisition of a 58% stake in Fluence Pharma Private Limited for an enterprise value of ~₹135 Crore, with the remaining 42% to be acquired in two tranches over the next 5–7 years. Fluence Pharma is a science-led nutraceuticals company offering patented cyclical nutrition therapy for hair and skin, sold exclusively through dermatologists. The board also approved the incorporation of a wholly owned subsidiary, Honasa Health Private Limited, to build a B2C nutraceuticals franchise. While Fluence Pharma's FY26 revenue is estimated at ~₹40 Cr with 20%+ EBITDA margins, its audited revenues have grown modestly from ₹32.24 Cr (FY23) to ₹37.21 Cr (FY25), indicating a gradual growth trajectory.

• · Fluence Pharma's audited revenues grew from ₹32.24 Cr (FY23) to ₹35.99 Cr (FY24) to ₹37.21 Cr (FY25), showing a deceleration in growth rate from 11.6% to 3.4%.
• · The acquisition is structured as a secondary share purchase for cash, with no related party transactions.
• · The implied valuation multiples for the 58% stake are ~3.4x EV/FY26 Revenue and ~15x EV/FY26 EBITDA.
• · Honasa Health will be incorporated with an initial paid-up capital of ₹1,00,000 (10,000 equity shares of ₹10 each).
• · The nutraceuticals market in India (Vitamins, Minerals and Supplements) is estimated at ₹16K Cr+ in FY25, growing at 11% CAGR.

23-06-2026

Wipro Limited announced a delay in the completion of its acquisition of select customer contracts of Alpha Net Consulting LLC, originally expected by June 30, 2026, now expected to be completed by September 30, 2026. The update provides no financial details or reasons for the delay.

• · Original completion date was June 30, 2026.
• · New expected completion date is September 30, 2026.
• · The acquisition was initially announced on April 14, 2026.

23-06-2026

Kitex Garments Limited has published newspaper advertisements on June 23, 2026, regarding the Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited and their respective shareholders and creditors, under Sections 230 to 232 of the Companies Act, 2013. The notices were published in The Hindu Business Line (All Editions) and Mathrubhumi (Kochi Edition) as per the NCLT Kochi Bench order. The filing is procedural and does not contain financial performance data.

• · The newspaper advertisements were published on June 23, 2026, in compliance with SEBI (LODR) Regulations, 2015, Regulation 47.
• · The Scheme of Arrangement involves Kitex Childrenswear Limited and Kitex Garments Limited and their respective shareholders and creditors.
• · The NCLT Kochi Bench passed the order for convening meetings of Equity Shareholders and Unsecured Creditors.
• · Advertisements were published in English (The Hindu Business Line) and Malayalam (Mathrubhumi) newspapers.

23-06-2026

Time Securities Services Private Limited, a promoter group entity, acquired 10,00,000 equity shares (0.20% of equity share capital) of Time Technoplast Limited via inter-se transfer from three individual promoter group members on June 23, 2026. The aggregate promoter and promoter group holding remains unchanged at 47.56% of the paid-up share capital. The transaction was executed at a market price of ₹178.02 per share for consolidation of shareholding.

• · The acquisition was exempted from open offer requirements under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011.
• · Pre-transaction and post-transaction shareholding details: Time Securities Services Pvt. Ltd. held 2 shares (negligible) before and 10,00,002 shares after; Mr. Naveen Kumar Jain reduced from 89,97,500 (1.82%) to 87,97,500 (1.78%); Mr. Raghupathy Thyagarajan reduced from 90,77,500 (1.84%) to 86,77,500 (1.76%); Mr. Vishal Anil Jain reduced from 5,99,880 (0.12%) to 1,99,880 (0.04%).
• · The disclosure was filed with stock exchanges on June 23, 2026, following prior intimation on June 15, 2026.

23-06-2026

PI Industries Limited has approved the conversion of Optionally Fully Convertible Debentures (OFCDs) worth ₹70,000,000,000 (₹70,000 Cr) held in its wholly owned subsidiary PI Health Sciences Limited (PIHS) into 7,246,37,687 equity shares at a fair value of ₹73.80 per share. The transaction involves no cash consideration or share swap and does not change PI Industries' ownership or control of PIHS. The conversion is intended to strengthen the consolidated balance sheet of the company and its subsidiaries.

• · PIHS is a wholly owned subsidiary of PI Industries, engaged in the CRDMO (Contract Research Development and Manufacturing Organisation) business in the pharma sector.
• · The conversion is based on a valuation report from an independent registered valuer and is classified as a related party transaction undertaken at arm's length.
• · The equity shares to be allotted will rank pari passu with existing equity shares of PIHS.
• · No governmental or regulatory approvals are required for the transaction.
• · PIHS standalone turnover as of March 31, 2026 was ₹580.49 million.

23-06-2026

Meyhul Gaala, a promoter group entity of Enbee Trade and Finance Ltd., sold 68,55,000 shares (0.98% of total voting capital) via open market transactions between June 19 and June 22, 2026. This reduced the promoter's holding from 4.13% to 3.15% of the company's equity. The sale was disclosed under SEBI Takeover Regulations.

• · The sale was executed in the open market over four days (June 19-22, 2026).
• · The promoter's holding dropped from 4.13% to 3.15%, a reduction of 0.98 percentage points.
• · The total diluted share capital of the company remained unchanged at 697,286,312 shares.
• · No encumbrances (pledge/lien) were involved before or after the sale.

23-06-2026

Ms. Mayadevi Krishnavtar Kabra, a promoter of Disha Resources Limited, acquired 2,44,448 equity shares (3.34% of paid-up capital) via an off-market inter-se gift transfer from her immediate relative, Ms. Radhadevi Premnarayan Maheshwari, on June 19, 2026. Post-acquisition, Ms. Kabra's holding increased from 9.27% to 12.61% of the total equity share capital. The transaction was executed without consideration and disclosed under SEBI Takeover Regulations.

• · The acquisition was made by way of gift without any consideration.
• · The transaction was executed as an off-market inter-se transfer between immediate relatives.
• · The total paid-up equity share capital of the company is ₹7,31,55,000 (73,15,500 equity shares of ₹10 each).
• · The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
• · No encumbrances, warrants, or convertible securities were involved in the transaction.

23-06-2026

Wendt (India) Limited has infused additional capital of THB 46,350,000 (approximately INR 13.29 crore) into its wholly owned subsidiary in Thailand, Wendt Grinding Technologies Limited (WGTL), to partly pay up the remaining unpaid equity capital. The infusion increases WGTL's paid-up equity capital from THB 25,750,000 to THB 72,100,000, with a further THB 3.00 per share (balance) to be infused in due course. The subsidiary reported a turnover of THB 94,695,748.03 as of 31st March 2026, showing a 6.7% increase from the prior year's THB 88,741,687.97, though this was below the THB 91,272,134.43 turnover recorded in FY2024.

• · WGTL was incorporated on 19th July 2005 with registered equity capital of THB 103,000,000.
• · The infusion is at face value (THB 10 per share) for subscribing to unpaid paid-up equity capital.
• · No change in shareholding – WGTL remains a wholly owned subsidiary.
• · The transaction is not a related party transaction and does not require governmental or regulatory approvals.
• · The balance THB 3.00 per share (approx. THB 30,900,000) will be infused in due course.

23-06-2026

Goldline Pharmaceutical Ltd received a disclosure under SEBI SAST regulations that promoter and Whole Time Director Mr. Swapan Khandelwal acquired 60,000 equity shares (0.62% of total paid-up capital) from the open market on June 22, 2026. This insider purchase signals promoter confidence, but the filing does not provide any financial results or performance metrics.

• · Acquisition was made from the open market on June 22, 2026.
• · Disclosure was filed on June 23, 2026, under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
• · The company's scrip code is 544759 and scrip ID is GLPL.

23-06-2026

REC Limited has scheduled a Board Meeting on June 28, 2026, to consider and approve a Scheme of Merger with Power Finance Corporation Limited (PFC) and their respective shareholders and creditors. The trading window for designated persons has been closed since May 14, 2026, and will remain closed until further orders. No financial figures or performance metrics are disclosed in this filing.

• · Board meeting date: June 28, 2026 (Sunday)
• · Trading window closed since May 14, 2026, and remains closed until further orders
• · Merger is under Sections 230 to 232 of the Companies Act, 2013
• · The filing does not contain any financial data, revenue figures, or performance metrics

23-06-2026

Blue Cloud Softech Solutions Ltd disclosed a substantial acquisition under SEBI SAST Regulation 29(1) for AstraBridge Inc. The filing provides no financial details, deal structure, or valuation metrics, making it purely informational with no directional bias.

• · The disclosure is made under Regulation 29(1) of SEBI SAST, which typically requires disclosure when an acquirer crosses thresholds (e.g., 5%, 10%, 14%, etc.) or triggers an open offer.
• · No details on the number of shares acquired, percentage stake, or consideration are provided in the filing summary.

23-06-2026

Tuni Textile Mills Ltd. has filed a revised disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011 for Niraj Shah. The filing is a regulatory compliance update regarding a substantial acquisition of shares, but no specific deal structure, valuation, or strategic rationale is disclosed. The company is classified under the technology sector, though its name suggests a textile business, creating a sector mismatch that is not explained in the filing.

• · The filing is a revised disclosure under Regulation 29(1) of SEBI SAST Regulations, 2011, indicating a change or update to a previously filed disclosure.
• · The company is listed on BSE with scrip code 531411.
• · The sector is classified as 'technology' in the filing, which is inconsistent with the company name 'Tuni Textile Mills Ltd.' (likely a textile company). This sector mismatch is not explained.

23-06-2026

Synthiko Foils Ltd. (now Belding India Limited) has incorporated a joint venture subsidiary, Belding HD India Private Limited, with HD Fabcon Private Limited on June 22, 2026. Belding India holds a 55% stake (5,500 equity shares of ₹10 each for a total subscription of ₹55,000) while HD Fabcon holds 45%. The joint venture will focus on Battery Energy Storage Systems and Renewable Energy projects, combining HD Fabcon's market access with Belding India's execution and manufacturing capabilities.

• · The joint venture was incorporated on June 22, 2026, under the name Belding HD India Private Limited.
• · No governmental or regulatory approvals are required for the incorporation.
• · The consideration for the subscription is in cash.
• · The joint venture will focus on identifying, securing, executing, and managing large-scale projects in the renewable energy and battery storage sectors.

23-06-2026

Lloyds Enterprises Limited, a promoter of Lloyds Engineering Works Limited, has released a pledge on 2,30,00,000 equity shares of the target company, which was effected on June 16, 2026. The release was executed under a Loan Against Securities Agreement with Tata Capital Limited, reducing the promoter's encumbered shares from 8,90,00,000 to 6,60,00,000. This action is part of prudent financial management while maintaining lender protection.

• · The release of pledge was executed under a Loan Against Securities Agreement with Tata Capital Limited.
• · Post-release, the promoter's encumbered shares stand at 6,60,00,000 (13.65% of total share capital), down from 8,90,00,000 (18.41%) before the event.
• · The promoter's total holding in the target company is 48,33,26,722 shares, representing 32.66% of total share capital and 32.37% on a diluted basis.
• · The filing was made on June 22, 2026, with the event date being June 16, 2026.

23-06-2026

Landsmill Green Limited (formerly Excel Realty N Infra Limited) disclosed that promoter Mr. Lakhmendra Khurana disposed of 5,00,00,000 equity shares (3.54% of total voting capital) via an inter-se gift transfer among relatives on June 19, 2026. The transaction was reported under SEBI Takeover Regulations, indicating a change in promoter shareholding but no change in control.

• · The transfer was executed as an inter-se gift among relatives, implying no change in beneficial ownership within the promoter family.
• · The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• · The company's name changed from Excel Realty N Infra Limited to Landsmill Green Limited, as indicated in the filing.

23-06-2026

On June 18, 2026, 3,382,500 equity shares (2.53% of total capital) of Setco Automotive Limited held by promoter Sneha Harish Sheth were released from encumbrance by Vistra ITCL (India) Limited – Debenture Trustee. The release, which reduces the promoter's encumbered shares from 2.64% to 0.12% of total capital, was made against NCDs issued by Setco Automotive and managed by India Resurgence Asset Management Business Private Limited. However, the overall promoter holding structure remains largely unchanged with majority promoter Setco Engineering Pvt. Ltd. holding 47.89% and no other promoters reporting encumbered shares.

• · The release was made by the debenture trustee Vistra ITCL, indicating the shares were pledged as collateral against Non-Convertible Debentures (NCDs) issued by Setco Automotive Limited.
• · No other promoters reported any encumbered shares during the reporting period.
• · The total promoter shareholding (excluding Sneha Sheth's released shares) remains unchanged, with setco Engineering Pvt. Ltd. as the largest promoter at 47.89%.
• · The filing is made under Regulation 31(1) and 31(2) of SEBI Takeover Code, which requires disclosure of encumbrance creation/release/invocation by promoters.

23-06-2026

Arman Holdings Limited has disclosed a filing under SEBI (SAST) Regulations, 2011, Regulation 29(2), indicating that Varigate Advisory Services (P) Ltd along with Persons Acting in Concert (PACs) has crossed a threshold requiring disclosure. The filing is purely a regulatory disclosure under the takeover code; no deal size, valuation, swap ratio, or strategic rationale is provided. The sector is classified as technology, but no financial or operational metrics are disclosed.

• · The filing is made under Regulation 29(2) of SEBI SAST Regulations, which typically requires disclosure when an acquirer's shareholding crosses certain thresholds (e.g., 5%, 10%, 14%, etc.) or when there is a change in control.
• · The acquirer is Varigate Advisory Services (P) Ltd along with Persons Acting in Concert (PACs).
• · No details on the exact shareholding acquired, price paid, or purpose of acquisition are provided in the filing summary.

23-06-2026

Deepak Builders & Engineers India Ltd has received a disclosure under SEBI (SAST) Regulations, 2011 from Neomile Growth Fund - Series I, indicating a substantial acquisition of shares. The filing is purely a regulatory disclosure under Regulation 29(2) and does not provide any financial details, deal structure, or strategic rationale. No quantitative data, valuation metrics, or scheduled events are disclosed, limiting the analysis to a compliance notification only.

• · Filing is a disclosure under Regulation 29(2) of SEBI SAST Regulations, 2011
• · Acquirer is Neomile Growth Fund - Series I
• · Target company is Deepak Builders & Engineers India Ltd (BSE Scrip Code: 544276)
• · No deal value, share count, or percentage changes disclosed in the filing
• · No strategic rationale, valuation, or financial metrics provided

23-06-2026

The filing is a disclosure under SEBI (SAST) Regulations, 2011, Regulation 29(2), regarding a substantial acquisition of shares in Chemplast Sanmar Limited by Amansa Holdings Pvt Ltd & Others. The filing does not disclose the deal value, transaction structure, strategic rationale, or any financial metrics. No specific numbers, dates beyond the filing date, or details on the nature of the acquisition (open market, preferential allotment, etc.) are provided. The information is purely procedural and lacks quantitative data for investment analysis.

23-06-2026

Acquirer Varun Satyanarayan Kabra and PAC member Jyoti Varun Kabra each acquired 229,500 shares of Plastiblends India Limited from Kolsite Corporation LLP (which sold 459,000 shares) in open-market transactions between June 17-22, 2026. Post-acquisition, the promoter/promoter group collectively holds 62.81% of the company's total voting capital, unchanged from pre-acquisition levels due to the internal transfer. The overall promoter shareholding remained flat at 62.81% with no net change, while individual holdings shifted slightly.

• · Individual holdings shifted: Varun Satyanarayan Kabra increased from 28.85% to 29.74%, Jyoti Varun Kabra increased from 5.26% to 6.15%, while Kolsite Corporation LLP reduced from 11.92% to 10.16%.
• · No encumbered shares, non-voting rights, or convertible instruments were involved in the transaction.
• · The acquisition was conducted in the open market over five trading days (June 17–22, 2026).

23-06-2026

On June 22, 2026, promoter group seller Pradeep Ramniklal Gosalia disclosed the disposal of 3,00,000 equity shares (8.02% of voting capital) of Parmax Pharma Limited, reducing his holding from 8.09% to just 0.07%. The sale was executed on June 18, 2026, via a share purchase agreement, and was filed under Regulation 29(2) of the SEBI Takeover Regulations.

• · The sale was executed via a Share Purchase Agreement between Rupa Sunil Shah and Abhay Chinubhai Shah.
• · The transaction date was June 18, 2026.
• · The total diluted voting capital of the company remained unchanged at 37,41,300 shares (₹3,74,13,000 face value).
• · The seller did not hold any encumbered shares, convertible securities, or voting rights other than via shares before or after the sale.

23-06-2026

Billwin Industries Limited has received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011 for Pritish Subrata Dey on June 23, 2026. The filing pertains to a substantial acquisition disclosure but provides no details on deal value, share count, or strategic rationale.

23-06-2026

O. P. Chains Limited disclosed an inter-se transfer of shares among its Promoter Group, with Mr. Satish Kumar Goyal acquiring a total of 2,751,100 shares (40.1474% of equity) from five transferors, including Ashok Kumar Goyal (1,382,000 shares, 20.1752%), Kusum Agarwal (972,100 shares, 14.1912%), Moon Goyal (246,000 shares, 3.5912%), Shobhik Goyal (100,000 shares, 1.4599%), and Mohit Goyyal (50,000 shares, 0.7299%). The transfer is exempt under SEBI SAST Regulations as it is among immediate relatives and qualifying persons, and the aggregate promoter group holding remains unchanged before and after the transaction.

• · The transfer is exempt under Regulation 10(1)(a)(i) and (ii) of SEBI SAST Regulations as it is among immediate relatives and qualifying persons named as promoters for at least three years.
• · The aggregate holding of the Promoter and Promoter group remains the same before and after the transaction.
• · The proposed transaction date is on or after 29th June 2026.

23-06-2026

Standard Glass Lining Technology Limited has disclosed a substantial acquisition under SEBI SAST Regulations, with Monoflus Pte Ltd and its PACs as the acquirer. The filing is a regulatory disclosure under Regulation 29(1) and does not provide any deal structure details, valuation, or strategic rationale. No financial metrics, share counts, or transaction values are disclosed, making this a purely procedural filing with no actionable quantitative data.

23-06-2026

Credent Global Finance Ltd filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, regarding Mohit K Chheda & PACs. The filing is a regulatory disclosure of a substantial acquisition of shares/takeover, but no specific deal structure, valuation, or strategic rationale is provided in the filing.

• · Filing date: June 23, 2026
• · Source: BSE
• · Sector classified as technology
• · Disclosure under Regulation 29(2) of SEBI SAST Regulations, 2011

23-06-2026

Negen Undiscovered Value Fund (NUVF) and YR Investment Opportunities Fund (YRIOF), along with PAC Neil Madan Bahal, sold 6,49,000 equity shares (2.27% of voting capital) of Yash Highvoltage Limited between August 18, 2025 and June 17, 2026, reducing their aggregate holding from 5.73% to 3.46%. The sale was executed in the open market and triggered a disclosure under SEBI Takeover Regulations due to a change exceeding 2% of total shareholding.

• · The sale was executed in the open market over a period from August 18, 2025 to June 17, 2026.
• · NUVF sold 4,63,750 shares and YRIOF sold 1,85,250 shares; Neil Madan Bahal did not sell any shares.
• · Post-sale, NUVF holds 6,80,028 shares (2.38%), Neil holds 2,76,912 shares (0.97%), and YRIOF holds 29,750 shares (0.10%).
• · The diluted share/voting capital of the target company after the sale is 2,96,93,249 shares.
• · The disclosure is made under Regulation 29(2) of SEBI Takeover Regulations due to a change exceeding 2% of total shareholding.

23-06-2026

Grasim Industries acquired an additional 8,08,94,331 equity shares in its material listed subsidiary, Aditya Birla Capital Limited (ABCL), through a preferential issue for an aggregate consideration of Rs. 28,79,99,99,722.62. This increased Grasim's holding from 52.27% to 52.30% on a fully diluted basis. The investment of up to Rs. 2,880 crore is aimed at meeting ABCL’s growth objectives, including capital augmentation and loan repayment, but the post-issue stake increase is marginal (just 0.03 percentage points).

• · ABCL reported a consolidated PAT of ₹3,764.49 crore for the year ended March 31, 2026.
• · ABCL's net worth as of March 31, 2026, stood at ₹34,423.11 crore.
• · ABCL is a Non-Banking Financial Company (NBFC) incorporated on 15th October 2007, with registered office in Veraval, Gujarat.
• · ABCL’s consolidated turnover for FY2024 was ₹33,940.84 crore, FY2025 ₹40,589.98 crore, and FY2026 ₹45,508.98 crore.
• · The preferential issue complies with Chapter V of SEBI (ICDR) Regulations, 2018, and is an exempted related party transaction under SEBI (LODR) Regulations.
• · The acquisition consideration is entirely in cash.
• · The completion of the acquisition is expected within the next 5 working days from the filing date.

23-06-2026

Maximus International Limited has executed a Share Purchase Agreement to acquire a 40% stake in Quebec Petroleum Resources Limited, a Vadodara-based lubricants manufacturing and petroleum products distribution company with over 20 years of presence in India. The transaction is with Mr. Aniruddh Gandhi, a Non-Executive and Non-Independent Director and Substantial Beneficial Owner, making it a related party transaction, though it is stated to be on an arm's length basis. No financial terms or consideration amounts were disclosed in the filing.

• · The acquisition is for a 40% equity stake in Quebec Petroleum Resources Limited.
• · Quebec Petroleum Resources Limited is based in Vadodara, Gujarat.
• · The company has been in the Indian market for more than 20 years.
• · The transaction is classified as a related party transaction because Mr. Aniruddh Gandhi is a Non-Executive and Non-Independent Director and Substantial Beneficial Owner of Maximus International.
• · The agreement was executed on June 23, 2026, following a prior intimation on June 19, 2026.
• · No significant terms such as special rights, share subscription rights, or board appointment rights were disclosed (stated as 'Not Applicable').
• · No financial consideration or valuation details were provided in the filing.