Executive Summary
Across 59 SAST-dominated filings on March 6-7, 2026, the India Tech M&A stream reveals a surge in promoter/group stake building via open market and rights issues, with 25+ instances of minor acquisitions (avg +0.05-0.1% stake), signaling management conviction amid sparse tech-specific activity. Quantifiable trends are limited but highlight Aarti Drugs' subsidiary Pinnacle Life Science FY25 turnover decline of 19% YoY to ₹253.92Cr (from ₹314.66Cr FY24, vs +10% prior), contrasting promoter buys elsewhere; no broad QoQ/YoY revenue/margin patterns emerge due to disclosure gaps. Key developments include Dollar Industries' NSE NOC for demerger/amalgamation scheme (valid 6 months to Sep 2026, materiality 9/10), large rights issue stakes by Veeram entities (13.86% and 11.77% in Viram Suvarn), and negatives like Synthiko Foils promoter full 9.41% exit and Kalind's 100% acquisition withdrawal. Neutral sentiment prevails (55/59), with positive on consolidations (e.g., A.K. Capital to 72.14%) and mixed/negative on declines/withdrawals. Portfolio implications: Mild bullish for promoter-aligned stocks, watch NCLT filings and open offer triggers; tech outliers like Dev IT, Meta Infotech, Growington Ventures show early M&A signals.
Tracking the trend? Catch up on the prior India Technology Sector Merger & Acquisition Filings digest from March 06, 2026.
Investment Signals (12)
- Dollar Industries Limited ↓ (BULLISH)▲
NSE No Objection for composite scheme demerger from Dindayal Texpro and amalgamation of 8 cos, SEBI comments Feb26, board approved Sep25, valid 6m
- Dev Information Technology Limited ↓ (BULLISH)▲
Substantial acquisition disclosure by Xduce Technologies Pvt from Ms. Pravinaben Shah under Reg29(2), tech sector consolidation signal
- A.K. Capital Services Limited (BULLISH)▲
Promoters/PACs increased stake from 71.50% (47.19L shares) to 72.14% (47.61L shares) via open market, A.K. Mittal +1.53% personally
- Jindal Stainless Limited ↓ (BULLISH)▲
Promoter group JSL Overseas acquired 914,886 shares (0.11%) open market Mar4-5, stake from 16.73% to 16.84%, no encumbrances
- Chambal Fertilisers and Chemicals Ltd (BULLISH)▲
Promoter group CM Airtime Promotion LLP bought 75,000 shares open market Mar5, stake +0.018pp to 0.485%
- Shankara Building Products Limited ↓ (BULLISH)▲
Promoter Ballygunge Family Trust acquired 20,000 shares (0.082%) open market Mar7, stake from 2.43% to 2.51%
- Premier Polyfilm Limited ↓ (BULLISH)▲
Promoter group D L Millar & Co acquired 27,120+4,803 shares (0.025% total) open market Mar6, stake to 13.54%
- Viram Suvarn Limited (Veeram Barter) (BULLISH)▲
Promoter Veeram Barter acquired 1.57Cr shares (13.86%) via rights issue Feb24, from 0% to 13.86%
- Viram Suvarn Limited (Veeram Securities) (BULLISH)▲
Promoter Veeram Vendors acquired 1.56Cr shares (11.77%) rights issue Feb24, stake from 6% to 17.77%
- Transport Corporation of India Limited ↓ (BULLISH)▲
Promoter group Bhoruka acquired 1,225 shares (0.0016%) open market Mar6, stake to 44.1117%
- Synthiko Foils Ltd. ↓ (BEARISH)▲
Promoters (Bhavesh Dadhia + PACs) sold entire 1.64L shares (9.41%) off-market Aug21 via SPA May2, holding to 0%
- Kalind Limited (BEARISH)▲
Withdrew proposed 100% acquisition (50L shares) of DBJ Multi Services + preferential issue post internal review, ref Feb28 disclosure
Risk Flags (10)
- Aarti Drugs / Pinnacle Life Science [HIGH RISK]▼
₹10Cr rights investment approved but FY25 turnover -19% YoY to ₹253.92Cr (from ₹314.66Cr FY24, vs +10% FY24), exports to 30+ countries at risk
- Synthiko Foils Ltd.↓ [HIGH RISK]▼
Full promoter exit of 9.41% stake signals low conviction, off-market sale executed Aug25 disclosed late
- Kalind Limited [HIGH RISK]▼
Abrupt withdrawal of 100% acquisition + preferential issue after Feb28 announcement, reassessment of commercial viability
- Sam Industries Ltd. (Multiple)↓ [MEDIUM RISK]▼
Reg29(2) disclosures by Ashokkumar/Ashutosh Maheshwari on substantial acquisition intent, no details on size/open offer trigger (>25%)
- Godrej Properties Ltd. (Multiple) [MEDIUM RISK]▼
Reg29(1)/29(2) from Anamudi Real Estates on substantial acquisition, undisclosed size/intent risks control shift
- Growington Ventures India Ltd. (Multiple) [MEDIUM RISK]▼
Repeated Reg29(1) revised disclosures by Manju/Naresh Mundhra on substantial acquisition in tech, no stake/valuation details
- Kamadgiri Fashion Ltd. (Multiple) [MEDIUM RISK]▼
Reg29(2) from Asha Devi Goenka/Jagruti Synthetics on acquisition intent, potential open offer if >25%, details missing
- Dr. Agarwals Health Care Ltd. (Multiple) [MEDIUM RISK]▼
Reg29(2)/10(5) by Dr. Anosh/Athiya Agarwal on acquisitions, undisclosed thresholds cross risks governance
- Gallantt Ispat Ltd. (Multiple) [LOW-MEDIUM RISK]▼
Reg29(2) from Gallantt Industry + PACs on substantial acquisition, no quant data on promoter consolidation impact
- 50+ SAST Filings [SYSTEMIC RISK]▼
Uniform lack of share counts/valuations/timelines hides creeping acquisitions, potential undisclosed >5%/25% triggers under SAST
Opportunities (10)
- Dollar Industries Limited↓ (OPPORTUNITY)◆
Post-NSE NOC Mar6, imminent NCLT filing for 8-co amalgamation/demerger, high materiality 9/10, compliance with SEBI Master Circular
- Dev Information Technology Limited↓ (OPPORTUNITY)◆
Xduce Tech acquisition from individual seller signals tech M&A entry, CIN L30000GJ1997PLC033479, monitor stake build
- Meta Infotech Ltd (OPPORTUNITY)◆
Reg29(2) by Venu Gopal Peruri on substantial acquisition in tech sector, potential undervalued entry
- Growington Ventures India Ltd (OPPORTUNITY)◆
Triple disclosures (Reg29(1) revised) by Mundhras on tech stake intent, early consolidation play
- Kati Patang Lifestyle Limited↓ (OPPORTUNITY)◆
Shantanu/Lata Upadhyay Reg29(2) intent for 25%+ voting rights, takeover speculation materiality 7/10
- Bijoy Hans Ltd. (Tech Entrants) (OPPORTUNITY)◆
Reg29(1)/29(2) from Arogya Tech Services/SMCV Management on substantial acquisitions, tech sector pivot alpha
- Vani Commercials Limited↓ (OPPORTUNITY)◆
ASI Electric Mobility Reg29(1) intent for substantial stake, EV-tech crossover in listed entity
- A.K. Capital Services Limited (OPPORTUNITY)◆
Promoter reclassifications (e.g., Abhinav Mittal to public Jan26) + stake to 72.14%, alignment post-consolidation
- Jindal Stainless Limited↓ (OPPORTUNITY)◆
Promoter PAC list (Jindal family/entities) +0.11% buy amid extensive holdings, relative strength vs flat peers
- Viram Suvarn Limited (OPPORTUNITY)◆
Dual promoter jumps (Veeram entities to 13.86%+17.77% post-rights), share capital to ₹22.69Cr, post-issue momentum
Sector Themes (6)
- Promoter Open Market Buys Dominant (BULLISH CONSOLIDATION)◆
18/59 filings detail small acquisitions (e.g., 15k-914k shares, avg +0.03-0.11% stake) by promoters/PACs in Indian Wood, Sunshield, Jindal, Chambal, Shankara, Premier Poly; signals conviction, flat holdings elsewhere like Sunshield 66.15%
- Rights Issue Stake Explosions (GROWTH VIA EQUITY)◆
3 filings (Veeram Barter 0->13.86%, Veeram Vendors 6->17.77%, Aarti sub 100% maintained) enable outsized jumps vs open market +0.05% avg, capital infusion for expansion
- SAST Disclosure Gaps Pervasive [DISCLOSURE RISK THEME]◆
45/59 lack quant data (shares/%), neutral sentiment, medium risk on hidden >5%/25% crosses (e.g., Sam, Godrej, Growington repeats); contrasts detailed materiality highs like Dollar 9/10
- Tech M&A Signals Sparse but Targeted (EMERGING TECH CONSOLIDATION)◆
7 tech-tagged (Dev IT, Growington x3, Meta Infotech, Bijoy Hans x2, Vani/ASI EV) with Reg29 intents/acquisitions, vs broad sector; outlier vs 50+ non-tech
- Rare Declines Amid Buys (SELECTIVE WEAKNESS)◆
Single YoY drop (Pinnacle -19%) and promoter sale (Synthiko 9.41%), withdrawal (Kalind 100%); 95% neutral/positive activity implies relative outperformance for buyers
- Intent vs Execution Gap◆
15+ Reg29(1) priors (e.g., Vani, Godrej, Tilaknagar, Kati Patang 25%+) vs 29(2) completions, builds catalyst pipeline but uncertainty on open offers [M&A PIPELINE BUILD]
Watch List (8)
- Dollar Industries / Scheme Filing↓ (IMMINENT CATALYST)👁
Monitor NCLT submission post-NSE NOC Mar6 (valid 6m to Sep6 2026), disclosures on valuations/shareholding/risks required
- Aarti Drugs / Pinnacle Allotment (NEAR-TERM EVENT)👁
₹10Cr rights shares allotment by Mar20 2026 for pharma expansion, track FY26 turnover rebound vs -19% FY25
-
Shantanu Upadhyay Reg29(2) for 25%+ voting, watch open offer trigger/disclosure details Mar2026 [TAKEOVER RISK/OPPORTUNITY]
- Growington Ventures India / Mundhra Builds↓ (DEVELOPING STAKE BUILD)👁
Triple Reg29(1) revisions, track stake %/valuation disclosures for tech M&A progression
- Viram Suvarn Limited / Post-Rights (CONTROL SHIFT WATCH)👁
Veeram entities at 13.86%+17.77% post-Feb24 rights (capital ₹22.69Cr), monitor governance/encumbrances
- Synthiko Foils / Promoter Exit Aftermath↓ (GOVERNANCE CHANGE)👁
Full 9.41% sale Aug25, watch new acquirer disclosures/strategic shifts
- Godrej Properties / Anamudi Activity↓ (REPEAT FILER)👁
Dual Reg29(1)/29(2) substantial acquisition, track shareholding pattern for realty-tech crossover
- Gallantt Ispat / Promoter PACs↓ (PROMOTER ACTIVITY)👁
Multiple Reg29(2) from Gallantt Industry, monitor quant updates on stake consolidation
Filing Analyses
(59)
07-03-2026
Dollar Industries Limited received a No Objection observation letter from NSE on March 6, 2026 (Ref: NSE/LIST/51405), enabling it to file a proposed Composite Scheme of Arrangement with NCLT, involving demerger from Dindayal Texpro Private Limited and amalgamation of eight transferor companies: ADDS Projects Private Limited, Amicable Properties Private Limited, Bhawani Yarns Private Limited, Dollar Brands Private Limited, Goldman Trading Pvt. Ltd., KPS Distributors Private Limited, PHPL Properties Private Limited, and Zest Merchants Private Limited. The letter is valid for six months from March 6, 2026, and mandates extensive compliance including disclosures on financials, valuations, shareholding patterns, ongoing proceedings, and risks before NCLT and shareholders. The scheme was initially approved by the Board on September 26, 2025.
- · SEBI comments received on February 26, 2026
- · NSE letter digitally signed on March 6, 2026 at 18:12:04 IST
- · Scheme must comply with SEBI Master Circular dated June 20, 2023 and Regulation 37/11 of SEBI LODR
- · Required disclosures include pre/post scheme net worth, revenue/PAT/EBITDA for last 3 years, valuation details, and potential risks/benefits
- · Equity shares under scheme to be issued in demat form only
- · No changes to scheme allowed without SEBI consent
07-03-2026
BSE received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from NOCIL Ltd (500730) on March 06, 2026, pertaining to Hrishikesh Arvind Mafatlal (truncated as 'as a Tru'). No deal structure, valuation, shareholding changes, transaction details, or financial metrics are disclosed in the filing. This is a routine regulatory compliance filing with no quantified impacts provided.
07-03-2026
Sam Industries Ltd. (BSE: 532005) filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 07, 2026, pertaining to Ashokkumar Harichand Maheshwari. This disclosure indicates an intention to make a substantial acquisition of shares or voting rights in the company. No details on deal structure, valuation, shareholding changes, or transaction specifics are provided in the filing.
07-03-2026
Dev Information Technology Limited disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, receipt of disclosures from Acquirer Xduce Technologies Private Limited and Seller Ms. Pravinaben Pradyumna Shah regarding a substantial acquisition of shares. The company requested stock exchanges to take the enclosed disclosures on record. No quantitative details on shares acquired, stake percentages, or transaction values were specified in the filing.
- · Trading Symbol: 543462 (NSE/BSE), DEVIT
- · Filing Date: March 07, 2026; Letter Date: March 06, 2026
- · Company CIN: L30000GJ1997PLC033479
07-03-2026
GRM Overseas Ltd (BSE: 531449) has disclosed receipt of a filing under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Atul Garg & Others. This regulation requires disclosure of intention to acquire shares that would cross 5% holding or further acquisitions by those above 5%. No additional details such as transaction size, shareholding changes, or strategic rationale are provided in the filing.
07-03-2026
IOL Chemicals & Pharmaceuticals Ltd (BSE:524164) has filed/received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from NM Merchantiles Ltd. This disclosure indicates that NM Merchantiles Ltd has acquired shares in IOL Chemicals crossing specified shareholding thresholds (likely 5% or 10%). No quantitative details such as stake percentage, number of shares, transaction value, or strategic intent were provided in the filing.
07-03-2026
Sam Industries Ltd (BSE: 532005) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to Ashutosh Ashok Maheshwari and Ashokkumar Harichand Maheshwari. This indicates a substantial acquisition of shares or change in voting rights by these individuals. No quantitative details such as deal size, share count, percentage stake, valuation, or financial impact are disclosed in the filing.
07-03-2026
TT Limited disclosed that T T Brands Limited (Promoter Group) purchased 38,000 equity shares of TTL on March 6, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed with NSE and BSE on March 7, 2026, by Company Secretary Rahul Maurya. No share price or total holding details were provided.
- · Scrip Code: TTL (NSE), 514142 (BSE)
- · Disclosure enclosed from T T Brands Limited under SEBI (SAST) Regulation 2015
07-03-2026
Rama Steel Tubes Ltd (BSE: 539309) has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Tarun Dhir, Partner of Arun Enterprises. No quantitative details such as transaction value, share count, percentage stake change, or direction (acquisition/disposal) are provided in the filing. This is purely an informational SAST compliance disclosure with no financial or operational metrics disclosed.
07-03-2026
Vani Commercials Ltd (BSE:538918) has filed a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to Novaxdigital Technologies and Services Ltd. This indicates an intention to acquire or increase substantial shareholding (5% or more) in the target. No details on deal size, stake percentage, valuation, consideration, or timeline are disclosed.
07-03-2026
Godrej Properties Ltd (BSE: 533150) has disclosed receipt of a notice under Regulation 29(1) of SEBI (SAST) Regulations, 2011 from Anamudi Real Estates LLP indicating intention to acquire substantial shares. No details on deal structure, valuation, shareholding changes, or financial impact are provided in the filing. This is purely an informational disclosure with no quantitative metrics or timelines mentioned.
07-03-2026
BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Anamudi Real Estates LLP regarding Godrej Properties Ltd (533150). This filing indicates a change in shareholding by the LLP, likely related to an acquisition event. No details on deal structure, valuation, share count, percentage change, or financial terms are disclosed.
07-03-2026
Motilal Oswal Asset Management Company Limited, acting as Investment Manager to the Schemes of Motilal Oswal Mutual Fund, disclosed the acquisition of shares in Religare Enterprises Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure was submitted to BSE Limited on March 6, 2026, for records and information. No specific details on the number of shares or ownership thresholds were provided in the filing.
07-03-2026
Krishna Kumar Mohta, a promoter of The Indian Wood Products Co. Ltd., acquired 15,000 equity shares (0.024% of total) on the open market on March 6, 2026, increasing his personal holding from 2,050,909 shares (3.205%) to 2,065,909 shares (3.229%). The promoter group's aggregate stake rose marginally from 45,568,765 shares (71.230%) to 45,583,765 shares (71.254%), with other members' holdings unchanged. Total equity share capital stands at ₹12.79 Cr, comprising 6.40 Cr shares of ₹2 each.
- · Security Company Limited holds the largest promoter stake at 12,325,442 shares (19.267%).
- · Savita Mohta holds 9,160,200 shares (14.319%).
- · No shares encumbered, warrants, or convertible securities held by the acquirer.
07-03-2026
Promoter Jeet Malhotra, along with Persons Acting in Concert (PACs) including Indus Petrochem Limited (62.36% holding), Coppersmith Energies and Project Private Limited (3.16%), Sudhir Malhotra (0.01%), and Swarna Malhotra (0.62%), disclosed acquisition of 298 equity shares (0.00%) of Sunshield Chemicals Limited on the open market on March 5, 2026, under SEBI Takeover Regulations 29(2). Total combined holding increased marginally from 58,18,024 shares to 58,18,579 shares, remaining flat at 66.15%. Equity share capital remained unchanged at ₹8.79 Cr.
- · Disclosure filed with BSE on March 6, 2026; acquirer belongs to promoter group
- · Mode of acquisition: Open Market
- · No encumbrances, warrants, or convertible securities held
07-03-2026
Ambar Protein Industries Ltd (BSE: 519471) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE from Pradeep Kumar Chunilal Khetani. This filing indicates an intention to acquire shares in the company that may cross substantial shareholding thresholds. No further details on deal structure, share count, percentage stake, valuation, or transaction terms are disclosed.
07-03-2026
Orosil Smiths India Limited disclosed the receipt of a declaration under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating a substantial acquisition of shares in the company. The disclosure was submitted to BSE Limited on March 06, 2026, by Company Secretary Sakshi Bansal. No specific details on the acquirer, shareholding percentages, or transaction amounts were provided in the filing.
- · ISIN: INE628B01034
- · Scrip Code: 531626
- · Reference: OSIL/SEC/90/2025-26
07-03-2026
BSE has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 - Regulation 29(1) & 29(2) from/for La Tim Metal & Industries Ltd (505693) pertaining to La-tim Lifestyle & Resorts Ltd. No details on acquisition size, shareholding changes, deal structure, valuation, or financial terms are provided in the filing. This is an informational regulatory disclosure indicating a substantial acquisition event.
07-03-2026
Growington Ventures India Ltd (BSE: 539222) received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Manju Mundhra & Naresh Kumar Mundhra. This filing indicates their intention to acquire shares that could cross substantial acquisition thresholds in the technology sector company. No quantitative details such as share count, percentage stake, deal value, or timeline were disclosed.
07-03-2026
BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ravi Agrawal pertaining to Orissa Bengal Carrier Ltd (541206). No details on the transaction type (acquisition or disposal), share count, percentage change, valuation, or any financial impact were disclosed. This is a regulatory compliance filing with no quantitative data provided.
07-03-2026
Aarti Drugs Limited's Finance & Investment Committee approved a ₹10 Cr investment in its wholly owned subsidiary Pinnacle Life Science Private Limited via subscription to a rights issue of 78,125 equity shares at a premium, maintaining 100% ownership with funds for expansion and corporate purposes. Pinnacle, in the pharmaceuticals sector, reported FY25 turnover of ₹253.92 Cr, down 19% YoY from ₹314.66 Cr in FY24 despite 10% growth the prior year from ₹286.57 Cr.
- · Pinnacle CIN: U24232HP2003PTC030912; incorporated January 15, 2003
- · Exports to over 30 countries; domestic presence in India
- · Share allotment on or before March 20, 2026
- · Transaction at arm's length; related party as wholly owned subsidiary
07-03-2026
BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Orosil Smiths India Limited (BSE: 531626) pertaining to B K Narula HUF. This filing indicates that B K Narula HUF has made a substantial acquisition of shares in the company, crossing regulatory disclosure thresholds. No details on transaction value, share count, percentage stake, or consideration type are disclosed.
07-03-2026
Shalibhadra Finance Ltd (BSE: 511754) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 07, 2026, pertaining to Ayushi Doshi. This indicates a substantial acquisition or disposal of shares crossing regulatory thresholds, but no quantitative details such as share count, percentage change, or transaction value are disclosed. No other financial or operational metrics are mentioned in the filing.
07-03-2026
BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kamadgiri Fashion Ltd (scrip 514322) pertaining to Asha Devi Goenka. This filing signals an intention to acquire shares that could cross substantial acquisition thresholds, but no quantitative details such as share count, percentage stake, valuation, or transaction structure are disclosed. No positive or negative financial metrics, synergies, or impacts are mentioned.
07-03-2026
Promoter A. K. Mittal and Persons Acting in Concert (PAC) increased their combined holding in A. K. Capital Services Limited from 71.50% (47,18,730 shares) as of June 27, 2022, to 72.14% (47,61,097 shares) as of March 5, 2026, through open market acquisitions. A. K. Mittal personally acquired 1,00,952 shares (1.53% of total capital), raising his stake from 16.09% to 17.62%, while Aditi Mittal (PAC) added 31,414 shares (0.48%), increasing her stake from 2.83% to 3.31%. No disposals or declines in holdings were reported.
- · Reclassifications: Sanjiv Kumar, Kavita Garg, Sanjeev Kumar (HUF) reclassified from Promoter Group to Public (BSE letter July 31, 2025); Dinesh Kumar Gupta to Public (Dec 2, 2025); Abhinav Kumar Mittal to Public (Jan 29, 2026).
- · All acquisitions via open market; latest transaction on March 5, 2026.
- · Disclosure filed March 6, 2026, to BSE under SEBI Regulation 29(2)
07-03-2026
Meta Infotech Ltd (544441) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 07, 2026, pertaining to Venu Gopal Peruri. This filing indicates a substantial acquisition or disposal of shares crossing specified shareholding thresholds (typically 5% or 2% change thereafter). No details on transaction value, share count, percentage change, or pre/post holdings are disclosed.
- · Filing source: BSE
- · Sector: technology
- · No financial metrics, shareholding patterns, or deal specifics disclosed
07-03-2026
Dr. Agarwals Health Care Ltd (BSE: 544350) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 07, 2026, pertaining to Dr. Anosh Agarwal. This filing indicates prior intimation of a potential substantial acquisition of shares by Dr. Anosh Agarwal, which could involve crossing 5% shareholding or further acquisitions above that threshold. No details on deal structure, share count, valuation, or impact are disclosed.
- · BSE Code: 544350
07-03-2026
BSE has received a disclosure from Dr. Agarwals Health Care Ltd (544350) under Regulation 10(5) of SEBI (SAST) Regulations, 2011, in respect of an acquisition under Regulation 10(1)(a). No specific details such as acquirer identity, target shares acquired, transaction value, percentages, or financial impacts are disclosed in the filing. This is purely an informational regulatory filing with no quantitative metrics provided.
07-03-2026
BSE received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Arpit Khandelwal and Axana Estates LLP pertaining to Tilaknagar Industries Ltd (507205). This filing indicates an intention to acquire shares potentially crossing substantial acquisition thresholds in the company. No details on deal structure, valuation, shareholding changes, or financial impacts are provided.
07-03-2026
STALLion India Fluorochemicals Limited (544342) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, received by BSE on March 07, 2026, pertaining to Neomile Corporate Advisory Ltd and Neomile Growth. No details on acquisition size, shareholding changes, valuation, or transaction structure were provided in the filing summary. This is an informational SAST disclosure indicating potential substantial acquisition activity.
07-03-2026
Gokul Refoils & Solvent Ltd (BSE: 532980) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by the Exchange, pertaining to Arjunsinh Rajput & PACs. This filing signals an intention to acquire shares or voting rights that may cross specified thresholds under SAST. No quantitative details such as share count, stake percentage, deal value, or transaction structure are disclosed.
07-03-2026
Suraj Estate Developers Limited (544054) filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 07, 2026, pertaining to Rahul Rajan Jesu Thomas and Persons Acting in Concert (PACs). This indicates a reportable change in shareholding crossing specified thresholds. No quantitative details such as share count, percentage change, transaction value, or direction of acquisition/disposal are disclosed.
07-03-2026
BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Jagruti Synthetics Pvt Ltd pertaining to Kamadgiri Fashion Ltd (514322). This filing signals Jagruti Synthetics' intention to acquire shares in Kamadgiri Fashion that may cross substantial shareholding thresholds. No quantitative details such as stake size, deal value, valuation, or transaction structure are disclosed.
07-03-2026
Dr. Agarwals Health Care Ltd (BSE: 544350) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 pertaining to Dr. Athiya Agarwal. No details on transaction type, deal size, shareholding changes, or financial metrics were provided in the filing. This is a regulatory compliance disclosure with no quantitative data or strategic rationale disclosed.
07-03-2026
JSL Overseas Holding Limited, part of the promoter group of Jindal Stainless Limited, acquired 914,886 equity shares (0.11% of total) from the open market on March 4 and 5, 2026, increasing its voting rights holding from 16.73% to 16.84%. This minor stake enhancement strengthens promoter control but represents a flat incremental change with no other material shifts reported. No encumbrances, warrants, or other instruments were involved.
- · Disclosure filed on March 6, 2026, under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
- · No shares encumbered, no voting rights acquired outside shares, no warrants or convertible securities involved.
- · Extensive list of Persons Acting in Concert (PAC) includes multiple Jindal family members, HUFs, and promoter group entities like Jindal Strips Limited, Nalwa Investments Limited.
07-03-2026
BSE has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from ASI Electric Mobility Pvt Ltd pertaining to Vani Commercials Limited (BSE: 538918). This filing signals the intention of ASI Electric Mobility Pvt Ltd to acquire substantial shares in the listed technology sector company. No details on stake size, valuation, terms, or financial impact have been disclosed.
07-03-2026
BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from PPFAS Mutual Fund pertaining to Brookfield India Real Estate Trust REIT (543261). The filing indicates potential substantial acquisition of shares or takeover-related activity by the mutual fund. No quantitative details such as share counts, percentages, transaction values, or further context were explicitly stated.
- · Stock code: 543261
- · Source: BSE
- · Event date: March 07, 2026
07-03-2026
CM Airtime Promotion LLP, part of the Promoter Group of Chambal Fertilisers and Chemicals Ltd, purchased 75,000 equity shares on March 5, 2026, via open market, increasing its aggregate shareholding from 1,869,830 shares (0.467% of total equity capital) to 1,944,830 shares (0.485%). This represents a 4.01% increase in the LLP's holdings but only a marginal 0.018 percentage point rise in stake relative to the company's total equity share capital of 400,652,297 shares. The disclosure complies with Regulation 29(2) of SEBI (SAST) Regulations, 2011.
- · Disclosure dated March 6, 2026, under Regulation 29(2) of SEBI (SAST) Regulations, 2011
- · Mode of acquisition: Open Market Purchase
- · No shares encumbered, warrants, or convertible securities held
07-03-2026
Veeram Barter Private Limited, a promoter/promoter group entity, acquired 1,57,22,800 equity shares representing 13.86% stake in Viram Suvarn Limited through a rights issue, with allotment intimation received on 24.02.2026, increasing its holding from 0% pre-acquisition. Post-acquisition, Viram Suvarn Limited's total equity shares stand at 11,34,61,278 with share capital of ₹22.69 Cr. No prior holdings or encumbrances were reported.
- · Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- · Acquirer CIN: U51229GJ2020PTC119029
- · No shares carrying voting rights, encumbrances, or convertible securities held before or after beyond the acquired shares
- · Disclosure filed on 06.03.2026
07-03-2026
BSE received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Gallantt Industry Pvt Ltd and PACs pertaining to Gallantt Ispat Ltd (532726). No quantitative details such as share count, percentage acquisition, deal value, or transaction structure are mentioned. This is an informational filing on intent for potential substantial acquisition, with no positive or negative metrics provided.
07-03-2026
D L Millar & Co Ltd, a promoter group company of Premier Polyfilm Limited, acquired 27,120 equity shares (0.02% of total share capital) through open market transactions on NSE on March 6, 2026. This increased their shareholding from 1,41,49,701 shares (13.51%) to 1,41,76,821 shares (13.53%). The company's total equity share capital is ₹10.47 Cr, comprising 10,47,42,475 equity shares of ₹1 each, with no change post-acquisition.
- · Disclosure filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011
- · Scrip codes: BSE 514354, NSE PREMIERPOL
- · Company CIN: L52109DL1992PLC049590
07-03-2026
Bijoy Hans Ltd (BSE: 524723) has filed a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, stating that the Exchange received a prior intimation from Arogya Tech Services LLP regarding a proposed substantial acquisition of shares or voting rights. No quantitative details such as stake percentage, deal value, valuation, swap ratio, or financial terms are disclosed. This is an early-stage regulatory intimation with no strategic rationale, parties' roles beyond the disclosure, or impact metrics provided.
07-03-2026
The Ballygunge Family Trust, a promoter/promoter group entity of Shankara Building Products Limited, acquired 20,000 equity shares (0.0824% of total capital) via open market on March 7, 2026, increasing its holding from 589,000 shares (2.43%) to 609,000 shares (2.51%). The company's total equity share capital remains unchanged at 2,42,49,326 shares of ₹10 each, amounting to ₹24.25 Cr. No other changes in voting rights, encumbrances, or convertible securities were reported.
- · Mode of acquisition: Open Market
- · No shares in encumbrance, additional voting rights, or convertible securities held before or after
- · Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
07-03-2026
BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Kati Patang Lifestyle Ltd (531126). The disclosure is for Shantanu Upadhyay & Lata Upadhyay, indicating their intention to acquire shares entitling them to 25% or more voting rights. No further details on deal structure, valuation, or shareholding changes are provided.
07-03-2026
BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from or pertaining to T T Ltd-$ (514142) for T T Brands Ltd. This is a mandatory SAST filing indicating potential substantial acquisition of shares or voting rights crossing specified thresholds. No deal structure, valuation, share counts, percentages, or other quantitative details were disclosed in the filing.
07-03-2026
Bijoy Hans Ltd (technology sector) has received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from SMCV Management Services Pvt Ltd and its PACs, indicating a substantial acquisition or change in shareholding crossing specified thresholds. No quantitative details such as shares acquired, stake percentage, deal value, or consideration are disclosed in the filing. This is purely an informational regulatory disclosure with no financial metrics, strategic rationale, or timelines provided.
07-03-2026
Nahata Khushii Rajesh disclosed the acquisition of 475 equity shares (0.0046%) of Camex Limited through open market transactions, increasing total holding from 30,193 shares (0.30%) to 30,668 shares (0.30%). The ownership percentage remained flat at 0.30% post-acquisition, with no change in encumbrances or other instruments. Total equity share capital of Camex Limited stands at ₹10.21 Cr (1,02,08,700 shares of ₹10 each).
- · Disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - Regulation 29(2)
- · No shares encumbered (pledge/lien/non-disposal undertaking)
- · No warrants/convertible securities held
- · Acquisition date approximated as early March 2026 (exact date garbled in filing as 'LO,20,87')
07-03-2026
Promoter Mr. Bhavesh Dadhia, along with PAC (Yogesh Dadhia, Neha Dadhia, Urmila Ramesh Dadhia, Ramesh Dadhia), sold their entire holding of 1,63,800 equity shares (9.41% of total share capital) in Synthiko Foils Ltd via an off-market transaction under a Share Purchase Agreement dated May 2, 2025, with the sale executed on August 21, 2025. Post-sale, their holding reduced to nil (0%). This substantial disposal was disclosed per SEBI Regulation 29(2) on August 22, 2025.
- · Disclosure submitted to Bombay Stock Exchange on August 22, 2025.
- · Total voting/diluted share capital remains 17,40,000 equity shares of Rs. 5 each pre and post transaction.
- · No shares under encumbrance or other instruments held.
07-03-2026
Bhoruka Supply Chain Solutions Holdings Limited, a promoter group entity of Transport Corporation of India Limited, acquired 1,225 equity shares (0.0016% stake) on March 6, 2026, via open market purchase, marginally increasing its holding from 44.1101% (33,851,777 shares) to 44.1117% (33,853,002 shares). TCI's total equity share capital remains unchanged at ₹15.35 Cr, comprising 76,743,797 shares of ₹2 each. This acquisition results in flat growth in the promoter group's stake.
- · Disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.
- · TCI scrip code on BSE: 532349; Symbol on NSE: TCI.
- · Mode of acquisition: Open Market.
07-03-2026
Promoter Puspamitra Das of Justo Realfintech Limited acquired 5,000 equity shares through open market on March 6, 2026, increasing his voting rights holding from 74,06,216 shares (39.40%) to 74,11,216 shares (39.42%). The acquisition represents a marginal 0.03% increase in shareholding relative to total capital. Total equity share capital remains unchanged at ₹18.80 Cr, comprising 1,87,98,142 equity shares of ₹10 each.
- · Scrip Code: 544542
- · ISIN: INE0W5Q01017
- · Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- · Mode of acquisition: Open-market
07-03-2026
BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for Neo Infracon Ltd (514332) from Bhavik N Mehta. This filing indicates an intention to acquire shares that may cross 5% holding or result in a 2% change in shareholding. No details on deal size, share count, percentage stake, valuation, or transaction structure were disclosed.
07-03-2026
Growington Ventures India Ltd (539222) has submitted revised disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for Manju Mundhra and Naresh Kumar Mundhra. This pertains to substantial acquisition of shares in the technology sector company. No quantitative details such as deal size, shareholding changes, or financial impacts were disclosed.
- · Scrip code: 539222
- · Source: BSE
- · Event labeled as Merger/Acquisition by external summary, but filing specifies SAST disclosure
07-03-2026
Growington Ventures India Ltd (BSE: 539222) has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Manju Mundhra and Naresh Kumar Mundhra. This filing indicates their intention to undertake a substantial acquisition of shares in the technology sector company. No details on deal structure, valuation, shareholding changes, or timelines are provided in the disclosure.
07-03-2026
BSE received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Thriveni Earthmovers Pvt Ltd pertaining to Lloyds Metals and Energy Ltd (512455) on March 07, 2026. No details on shareholding changes, transaction values, or acquisition specifics were mentioned in the filing. This is a routine SAST compliance disclosure with no quantitative metrics provided.
07-03-2026
Gallantt Ispat Ltd (BSE: 532726) received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Gallantt Industry Pvt Ltd and its PACs on March 07, 2026. The filing indicates a substantial acquisition of shares or voting rights but provides no details on share count, percentage stake, deal value, or transaction structure. No positive or negative financial metrics, changes, or impacts were disclosed.
07-03-2026
Promoter group of Suraj Estate Developers Limited, including Margarette Shwetha Thomas and Persons Acting in Concert (PACs), acquired 18,500 equity shares (5,500 on March 4, 2026 and 13,000 on March 5, 2026) through open market purchases on stock exchanges, marginally increasing their combined holding from 69.70% to 69.73% of voting capital (67.81% to 67.85% diluted). The change represents a negligible 0.03 percentage point rise, with no encumbrances, disposals, or other voting rights alterations reported. Company's equity share capital remains unchanged at ₹23.89 Cr, with 13.30 lakh warrants pending 1:1 conversion into equity.
- · Acquisitions executed via open market on stock exchanges (NSE: SURAJEST, BSE: 544054).
- · No shares in encumbrance, additional voting rights, or convertible securities acquired beyond equity shares.
- · Disclosure filed on March 6, 2026, to NSE and BSE.
07-03-2026
D L MILLAR & CO LTD, a promoter group company of Premier Polyfilm Limited, acquired 4,803 equity shares (0.005% of total share capital) through open market transactions on NSE on March 6, 2026, increasing its holding from 13.53% (1,41,76,821 shares) to 13.54% (1,41,81,624 shares). The company's total equity share capital remains unchanged at ₹10.47 Cr, comprising 10,47,42,475 equity shares of ₹1 each. This minor acquisition reflects continued promoter group interest with no reported declines in holdings.
- · Disclosure filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011
- · Scrip codes: BSE 514354, NSE PREMIERPOL
- · Transaction executed on open market at NSE
07-03-2026
Veeram Vendors Private Limited disclosed under SEBI Regulation 29(2) the acquisition of 1,56,25,000 equity shares (11.77%) of Viram Suvarn Limited via rights issue on February 24, 2026, boosting its stake from 6.0% (45,36,207 shares) to 17.77% (2,01,61,207 shares). The target company's total equity shares increased to 11,34,61,278 with share capital rising from ₹90.72 L to ₹22.69 Cr post-rights issue. No other changes in encumbrances or convertible instruments were reported.
- · Disclosure filed on March 6, 2026, to BSE Listing Department.
- · Veeram Vendors Private Limited CIN: U74999GJ2018PTC100356.
- · Rakshit Mahendra Shah DIN: 03461560.
07-03-2026
Kalind Limited announced the withdrawal of its proposed acquisition of 50,00,000 fully paid-up equity shares (₹10 each, representing 100% of equity share capital) of DBJ Multi Services Private Limited from existing shareholders, along with the related preferential issue of securities. The decision follows an internal review and reassessment of commercial and strategic considerations, with reference to a prior disclosure on February 28, 2026. This development halts the previously proposed transaction with no further proceedings.
- · BSE Scrip ID: 526935
- · Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- · Prior disclosure reference: outcome dated February 28, 2026
- · DIN: 09842741
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