India Technology Sector Merger & Acquisition Filings — May 29, 2026

29-05-2026

Repco Home Finance Ltd has disclosed a filing under SEBI SAST Regulation 29(2) regarding Bandhan Mutual Fund. The filing is a disclosure of substantial acquisition of shares by Bandhan Mutual Fund in Repco Home Finance Ltd. No deal structure, valuation, or strategic rationale details are provided in the filing. The sector is incorrectly labeled as 'technology' in the user input; the company is in the housing finance sector.

• · The filing is a disclosure under SEBI SAST Regulation 29(2), which requires any person who acquires shares or voting rights in a listed company to disclose such acquisition to the stock exchange within 2 working days.
• · Bandhan Mutual Fund is the acquirer, but the exact number of shares acquired or percentage of shareholding is not disclosed in the summary.
• · The company is in the housing finance sector, not technology as mentioned in the user input.

29-05-2026

A disclosure under SEBI SAST Regulations was received by MTAR Technologies Ltd on May 28, 2026, for Saranya Loka Reddy. No details on the number of shares, price, or stake percentage were disclosed in the filing. The event is a share acquisition but lacks material information for investment decision-making.

29-05-2026

J. K. Investors (Bombay) Limited, a promoter of Raymond Limited, has released encumbrances on 11,25,000 shares (1.69% of share capital) that were pledged with Aditya Birla Capital Limited. The release was effective May 20, 2026, and the shares were originally pledged as collateral for loans taken by the company/group companies. Post-release, J. K. Investors (Bombay) Limited continues to hold 1,98,61,793 shares (29.83%) in Raymond, with no remaining encumbrances on its holding.

• · J. K. Investors (Bombay) Limited's total holding in Raymond is 1,98,61,793 shares (29.83%) as of the reporting date.
• · The pledge release was executed on May 20, 2026, and reported on May 27, 2026.
• · Other promoters/PACs (J. K. Investo Trade, J. K. Helene Curtis, Smt. Sunitidevi Singhania Hospital Trust, etc.) have no encumbrances on their Raymond shares.
• · The released shares were held as collateral for loans taken by the company/group companies.

29-05-2026

The filing is a disclosure under SEBI (SAST) Regulations, 2011, indicating that Jayantibhai Patel and his PACs have made a substantial acquisition of shares in Promact Plastics Ltd. The filing does not provide any financial details, deal structure, valuation, or strategic rationale. The event is classified as a merger/acquisition but the specific nature (merger, acquisition, etc.) is not disclosed. The sector is listed as technology, but the target company appears to be a plastics manufacturer, creating a potential sector mismatch.

• · The disclosure is made under Regulation 29(2) of SEBI SAST Regulations, which typically requires disclosure when an acquirer and PACs cross certain thresholds (e.g., 5%, 10%, 14%, etc.) or acquire control.
• · The filing does not specify the exact percentage of shares acquired or the resulting shareholding.
• · The sector is listed as 'technology' but the target company (Promact Plastics Ltd) appears to be in the plastics manufacturing sector, which may indicate a misclassification or a strategic diversification.
• · No information on the deal value, consideration, or swap ratio is provided.

29-05-2026

Anjali Singh, on behalf of Anand Automobiles (a promoter group entity), has acquired 1 equity share (face value Re. 1 each) of Gabriel India Limited through a court-approved composite scheme of arrangement under Sections 230-232 of the Companies Act, 2013. The scheme, sanctioned by the NCLT Mumbai Bench-I on 11 May 2026 and effective from 22 May 2026, resulted in the aggregate promoter & promoter group shareholding increasing from 55.02% to 63.55%. The acquisition is exempt from an open offer under Regulation 10(1)(d)(ii) of the SEBI SAST Regulations.

• · The share exchange ratio under the scheme is 1158 equity shares of ₹1 each for every 1000 equity shares of ₹10 each held in the demerged company.
• · The scheme was sanctioned by the NCLT Mumbai Bench-I on 11 May 2026 (CP (CAA) No. 36/MB/2026) and became effective upon filing Form INC-28 with the ROC on 22 May 2026.
• · The acquisition is exempt from an open offer under Regulation 10(1)(d)(ii) of the SEBI SAST Regulations.
• · No prior disclosure under Regulation 10(5) was required or made.

29-05-2026

The filing is a disclosure under SEBI (SAST) Regulation 29(2) regarding Sudha Mhaiskar's acquisition of shares in IRB Infrastructure Developers Ltd. No deal size, valuation, or strategic rationale is disclosed. The event is a regulatory disclosure of a substantial acquisition, not a full merger or acquisition plan.

• · The filing is a disclosure under Regulation 29(2) of SEBI SAST Regulations, which requires disclosure when an acquirer holds shares/voting rights exceeding certain thresholds.
• · No details on the number of shares acquired, price, or resulting stake percentage are provided in the summary.

29-05-2026

AvenuesAI Limited (formerly Infibeam Avenues Limited) reported its audited standalone financial results for Q4 and FY ended March 31, 2026. Revenue from operations for the quarter was ₹23,390.9 million, up from ₹10,471.7 million in the same quarter last year, while profit after tax from continuing operations rose to ₹265.2 million from ₹207.8 million. The Board also approved three acquisitions: a 7.00% stake in Online PSB Loans Limited, an investment of up to 2.50% in Ratnaafin Capital Private Limited, and the acquisition of the remaining 9.90% stake in Nueromind Technologies Private Limited to make it a wholly owned subsidiary.

• · The Board meeting commenced at 11:30 a.m. and concluded at 2:25 p.m. on May 29, 2026.
• · The statutory auditors issued an unmodified (clean) opinion on the standalone financial results.
• · The company reported other comprehensive income of ₹171.4 million for the quarter (net of tax), compared to a loss of ₹7.0 million in the same quarter last year.
• · Basic earnings per share from continuing operations for the quarter was ₹0.08 (vs ₹0.07 in Q4 FY25).
• · The company's name changed from Infibeam Avenues Limited to AvenuesAI Limited (effective prior to this filing).

29-05-2026

Promoter Koppuravuri Naga Venkata Shyam Anirudh along with Persons Acting in Concert (PAC) acquired 33,70,000 equity shares (14.25% of the diluted capital) of Supra Trends Limited on May 26, 2026 through conversion of warrants into equity. Post-acquisition, the promoter group's total holding in shares carrying voting rights increased to 1,06,80,322 shares (45.15% of the voting capital). The conversion also led to an expansion of the equity share capital from ₹13,53,72,410 to ₹23,65,72,410.

• · The conversion involved 33,70,000 equity shares at ₹10 face value, representing 14.25% of the diluted share capital.
• · Pre-acquisition, the promoter group held 54.00% voting rights; post-acquisition this dropped to 45.15% due to substantial equity dilution (total shares increased from 1,35,37,241 to 2,36,57,241).
• · Two PAC entities — Kovuri Bhanu Prakash (0 to 7,00,000 shares) and Ogha Investment & Holdings Private Limited (0 to 1,70,000 shares) — became new shareholders through the conversion.
• · Yadaiah Pasupula increased his holding from 50,001 to 7,50,001 shares, and Sharada Kovuri increased from 2,00,010 to 8,00,010 shares.
• · Koppuravuri Naga Venkata Shyam Anirudh himself increased his holding from 1,06,223 to 13,06,223 shares (a 12.3× increase).
• · No encumbrances (pledge/lien) were created on any of the shares involved in the transaction.

29-05-2026

Lupin Limited, through its wholly owned subsidiary Nanomi B.V., is in the process of acquiring minority shareholding in Multicare Pharmaceuticals Philippines, Inc. The transaction, initially expected to close by end of May 2026, is now delayed and expected to be completed in July 2026, subject to certain closing conditions.

• · The acquisition was initially announced on April 1, 2026, with an expected completion by end of May 2026.
• · The delay is attributed to certain closing conditions that are yet to be satisfied.
• · The transaction involves Nanomi B.V., a wholly owned subsidiary of Lupin, acquiring minority shares from existing shareholders of Multicare Pharmaceuticals Philippines, Inc.

29-05-2026

Hero MotoCorp Ltd filed a disclosure under SEBI (SAST) Regulations, 2011, regarding Life Insurance Corporation of India (LIC) as an acquirer. The filing is purely a regulatory disclosure under Regulation 29(2) and does not contain any financial details, deal structure, or strategic rationale. No transaction value, share count, or valuation metrics are disclosed.

• · The filing is a disclosure under Regulation 29(2) of SEBI SAST Regulations, indicating that LIC has crossed a threshold requiring disclosure.
• · No details on the number of shares acquired, percentage of stake, or transaction value are provided in the summary.
• · The sector is incorrectly tagged as 'technology' in the input; Hero MotoCorp is an automotive (two-wheeler) company.

29-05-2026

Equilibrated Venture Cflow (P) Ltd., a promoter group entity, acquired 15,00,000 equity shares (0.1649% of diluted voting capital) of Paisalo Digital Limited on May 29, 2026, through open market purchase. Post-acquisition, the acquirer's total holding increased from 19,05,59,880 shares (20.9517%) to 19,20,59,880 shares (21.1166%). The acquisition is disclosed under SEBI Takeover Regulations.

• · The acquirer is part of the Promoter/Promoter group of Paisalo Digital Limited.
• · The acquisition was made through open market purchase.
• · No encumbrances (pledge/lien/non-disposal undertaking) were involved in the transaction.
• · The total equity share capital of the company remains unchanged at ₹90,95,21,874 divided into 90,95,21,874 equity shares of Re. 1 each.
• · The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

29-05-2026

DCW Limited has completed the compensation of eligible shareholders of Dhrangadhara Trading Company Private Limited (DTCPL) and Sahu Brothers Private Limited (SBPL) for fractional share entitlements arising from the scheme of amalgamation sanctioned by NCLT on January 22, 2026. The company allotted 12,80,500 equity shares to DTCPL shareholders and 5,24,59,860 equity shares to SBPL shareholders on February 19, 2026, and subsequently sold 10 consolidated fractional shares on May 15, 2026, distributing net proceeds of ₹446.65 to 18 shareholders on May 25, 2026. The Audit Committee and Independent Directors have certified compliance with SEBI Master Circular requirements.

• · NCLT Ahmedabad sanctioned the scheme on January 22, 2026 (Company Petition No. C.P.(CAA)/58(AHM)2025).
• · Appointed date under the scheme is July 01, 2024; effective date is February 17, 2026.
• · Record date for share allotment was February 02, 2026.
• · Return of Allotment (Form PAS-3) filed with RoC Ahmedabad on February 23, 2026.
• · Trustee sold fractional shares within 90 days of allotment (May 15, 2026).
• · Compensation to 18 shareholders was made on May 25, 2026 via direct credit.

29-05-2026

Starlight Capital Private Limited acquired 39,100 equity shares (0.24% of paid-up capital) of Trishakti Industries Ltd through open market purchase on May 29, 2026, increasing its total shareholding (including warrants) from 2,21,000 shares (1.23% on diluted basis) to 2,60,100 shares (1.44% on diluted basis). The acquirer belongs to the promoter/promoter group, and the transaction was disclosed under SEBI Takeover Regulations. While the acquisition is small in percentage terms, it represents a 17.7% increase in the acquirer's total diluted holding.

• · The acquirer belongs to the promoter/promoter group of Trishakti Industries Ltd.
• · The acquisition was made through open market purchase on BSE.
• · The acquirer also holds 2,00,000 warrants (1.11% of diluted capital) which were not part of this transaction.
• · Post-acquisition, the acquirer's voting rights in the company increased from 0.13% to 0.33% on a diluted basis.
• · The total diluted share capital of the company is based on 1,64,76,550 equity shares of face value ₹2 each.

29-05-2026

Panafic Industrials Ltd filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 on May 29, 2026, regarding the acquisition of shares by Anil Gupta, Sarita Gupta, Rajeev Gupta, and Saroj Gupta. The filing does not disclose the deal size, valuation, or specific terms of the transaction. No financial metrics, shareholding changes, or strategic rationale are provided in the filing.

• · Filing made under Regulation 29(2) of SEBI SAST Regulations, 2011
• · Parties involved: Anil Gupta, Sarita Gupta, Rajeev Gupta, Saroj Gupta
• · No deal size, valuation, or financial terms disclosed in the filing

29-05-2026

Lumax Auto Technologies reported strong standalone revenue growth of 25.6% YoY to ₹3,60,548.91 Lakhs for FY26, with net profit up 20.5% to ₹20,687.70 Lakhs. The Board approved the acquisition of the remaining 15.97% stake in Lumax FAE Technologies Private Limited for an undisclosed amount, making it a wholly owned subsidiary. However, Q4 FY26 standalone net profit declined 2.6% YoY to ₹5,618.72 Lakhs, and other comprehensive income turned sharply negative at ₹(2,319.63) Lakhs due to losses on FVTOCI financial assets.

• · The Board approved a final dividend of ₹5.50 per equity share (275% of face value ₹2) for FY26, subject to shareholder approval.
• · Mr. Deepak Jain was redesignated from Non-Executive Director to Vice Chairman (Non-Executive) effective May 29, 2026.
• · The company will seek shareholder approval for material related party transactions with Lumax Industries Limited for FY27.
• · Shareholder approval will also be sought to advance loans/give guarantees up to ₹500 Crore under Section 185 of the Companies Act.
• · The 45th Annual General Meeting is scheduled for August 24, 2026 via video conferencing; record date for dividend is August 6, 2026.
• · Standalone total comprehensive income for FY26 was ₹30,415.60 Lakhs, up 72.5% from ₹17,636.73 Lakhs in FY25, driven by gains on FVTOCI financial assets.
• · Standalone other equity increased to ₹1,02,264.27 Lakhs as of March 31, 2026 from ₹97,693.10 Lakhs a year earlier.
• · The statutory auditors issued an unmodified (clean) opinion on the audited financial results.

29-05-2026

Power Grid Corporation of India Limited (POWERGRID) has acquired Tumkur II RE Transmission Limited (TRETL) for an aggregate value of about Rs. 15.46 Crore on a cash consideration basis. The acquisition was made under the Tariff Based Competitive Bidding (TBCB) route to establish a transmission system for integrating additional renewable energy potential of 2.7 GW in Karnataka. TRETL is a newly incorporated SPV with no prior turnover, and the acquisition is not a related party transaction.

• · TRETL was incorporated on 24.09.2025 by the Bid Process Coordinator as per the 'Guidelines Encouraging Competition in Development of Transmission Projects' and 'Tariff based Competitive-bidding Guidelines for Transmission Service' notified by Ministry of Power.
• · The project comprises 400 kV D/c Transmission Line traversing in the state of Karnataka along with augmentation works (ICTs and Line Bays) at Tumkur-II Pooling Station.
• · Approvals for Grant of Transmission License and Adoption of Transmission Charges are to be obtained from Central Electricity Regulatory Commission by TRETL after the acquisition.
• · The acquisition price is subject to adjustment as per the audited accounts of the Company as on the acquisition date.

29-05-2026

Shreenath Investment Company Limited has approved the subscription to Series Seed Compulsorily Convertible Debentures (CCDs) issued by The Kenverse Private Limited for an aggregate amount of ₹27,29,98,000 (₹27.2998 Crore). The investment is part of an ongoing activity for long-term capital appreciation, with the exact shareholding to be determined upon conversion. No related party transaction or regulatory approvals are involved.

• · Board meeting commenced at 03:30 PM and concluded at 04:30 PM on May 29, 2026.
• · The target entity, The Kenverse Private Limited, operates in technology-enabled education solutions.
• · The acquisition does not fall under related party transactions, and no promoter/promoter group/group companies have any interest in the target entity.
• · No governmental or regulatory approvals are required for the acquisition.
• · The consideration is in cash, and the exact shareholding percentage will be determined at a later date upon conversion of the CCDs.

29-05-2026

Shahlon Silk Industries Limited's Board approved an investment of ₹85,50,000 in group company Karanj Envirocare Private Limited (KEPL) by subscribing to 8,55,000 renounced rights issue equity shares, representing 19% of KEPL's paid-up capital. The transaction is a related party transaction, as promoter directors have an interest in KEPL, but is proposed to be conducted at arm's length. KEPL is a pre-revenue company engaged in developing a 20 MLD Common Effluent Treatment Plant (CETP) and has yet to commence commercial operations.

• · KEPL was originally incorporated as Shahlon Envirocare Private Limited on October 11, 2013, and renamed to Karanj Envirocare Private Limited on December 3, 2020.
• · The project is under development stage and has not yet commenced commercial operations; no turnover data for the last 3 years is available.
• · The investment is expected to be completed on or before August 31, 2026, subject to completion of necessary formalities.
• · The Board meeting commenced at 1:45 PM and concluded at 6:25 PM on May 29, 2026.

29-05-2026

Kesar India Limited has acquired a 33.33% stake in Triinfinity Realty LLP, a newly incorporated real estate LLP based in Nagpur, for a cash consideration of ₹33,333. The target entity has yet to commence business operations and currently has nil turnover and a total fixed capital of ₹1,00,000.

• · Triinfinity Realty LLP was incorporated on May 25, 2026, and received its Certificate of Incorporation from the Ministry of Corporate Affairs on May 27, 2026.
• · The acquisition is not a related party transaction.
• · The LLP is in the real estate development industry and has not yet commenced business operations.
• · The consideration is in cash, with ₹33,333 paid for a 33.33% share in profit and loss.

29-05-2026

The filing is a disclosure under SEBI (SAST) Regulation 29(2) for Shriram Properties Ltd, involving Shriram Group Executives Welfare Trust & Others. The filing does not provide any financial details, deal structure, valuation, or strategic rationale. The sector is listed as 'technology' but the company is a real estate developer, indicating a potential sector misclassification. No quantitative data, transaction value, or shareholding changes are disclosed.

• · Filing is under SEBI SAST Regulation 29(2), which typically requires disclosure when an acquirer crosses certain thresholds (e.g., 5%, 10%, 14%, etc.) of shares or voting rights.
• · The sector is listed as 'technology' but Shriram Properties is a real estate developer (NSE: SHRIRAMPPS). This may be a data entry error in the filing or source system.
• · No details on the number of shares acquired, price, or resulting shareholding percentage are provided in the summary.

29-05-2026

PVP Ventures reported standalone revenue from operations of ₹1,062.33 Lakh in Q4 FY26, down 37.1% YoY from ₹1,690.24 Lakh in Q4 FY25, while net profit for Q4 FY26 stood at ₹628.27 Lakh versus ₹597.89 Lakh in the year-ago quarter. For the full year FY26, revenue from operations more than doubled to ₹3,292.29 Lakh (vs ₹1,690.24 Lakh in FY25) and net profit turned positive at ₹90.99 Lakh compared to a net loss of ₹390.40 Lakh in FY25. However, finance costs surged to ₹3,154.31 Lakh in FY26 from ₹361.80 Lakh in FY25, and the company recorded an exceptional loss of ₹305.53 Lakh in Q4 FY26.

• · The Board approved, in-principle, the amalgamation of PVP Corporate Parks Private Limited (wholly owned subsidiary) into the company, subject to approvals.
• · Outstanding loan to NCCPL stood at ₹21,843.49 Lakh as on 31 March 2026, with a revised repayment date of 31 March 2028. The company believes the amount is fully recoverable despite ongoing litigation and prior attachment orders by ED and SEBI, citing recent court orders and planned monetisation of land bank.
• · Total assets increased to ₹52,049.65 Lakh as at 31 March 2026 from ₹37,000.33 Lakh a year ago, driven mainly by a surge in non-current investments (₹17,990.25 Lakh vs ₹4,061.51 Lakh).
• · Total borrowings (non-current + current) rose sharply to ₹20,598.74 Lakh as at 31 March 2026 from ₹3,201.03 Lakh as at 31 March 2025, primarily due to NCD issuance of ₹15,000 Lakh and other long-term borrowings.
• · Cash and cash equivalents declined to ₹21.71 Lakh as at 31 March 2026 from ₹40.69 Lakh a year ago, reflecting significant cash used in investing activities (₹15,230.73 Lakh outflow for FY26).
• · Deferred tax asset net of liabilities stood at ₹609.78 Lakh as at 31 March 2026 (vs ₹623.47 Lakh).
• · Other equity (reserves) improved to a negative ₹4,638.06 Lakh from a negative ₹5,045.76 Lakh, indicating reduction in accumulated losses.

29-05-2026

Jaiprakash Power Ventures Ltd (JPVL) filed a disclosure under SEBI SAST Regulation 10(6) on May 29, 2026, indicating that Adani Power Ltd has crossed the threshold for substantial acquisition of shares in JPVL. The filing does not disclose the exact number of shares acquired, the deal value, or the resulting shareholding percentage. This transaction signals a potential consolidation in the power sector, with Adani Power likely seeking to expand its generation capacity and market presence. However, the lack of quantitative details limits a full assessment of the deal's financial impact.

• · The filing is a disclosure under Regulation 10(6) of SEBI SAST Regulations, 2011.
• · Adani Power Ltd is the acquirer.
• · No deal value, share count, or percentage changes are disclosed in the filing.

29-05-2026

Promoter Amitaabh Goenka acquired 1,05,516 equity shares (0.10% of total share capital) of Premier Polyfilm Limited through open market on May 26, 2026, increasing his holding from 11.90% to 12.00%. The acquisition was disclosed under SEBI SAST Regulations on May 27, 2026. The transaction is relatively small in percentage terms and does not trigger any change in control.

• · The acquisition was made through open market purchase on May 26, 2026.
• · The company's total equity share capital is ₹10,47,42,475 consisting of 10,47,42,475 equity shares of ₹1 each.
• · No shares were encumbered (pledged/lien) before or after the acquisition.
• · The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.

29-05-2026

Trilochan Singh Sahney Trust 1, a promoter group entity of NRB Bearings Limited, sold a total of 48,378 equity shares (0.05% of voting capital) in open market transactions on May 25-27, 2026. Concurrently, the trust released 1,383,839 pledged shares (1.43% of voting capital) on May 27, 2026. Following these transactions, the trust's total holding (including encumbered shares) decreased from 5.09% to 5.04% of the diluted capital, while its unencumbered voting shares fell from 3.59% to 4.97%.

• · The trust's remaining encumbered shares after the release are only 70,000 shares (0.07% of voting capital), down from 1,453,839 shares (1.50%) before the disposal.
• · The trust's total holding (including encumbered shares) decreased from 5.09% to 5.04% of diluted capital, a net reduction of 0.05%.
• · The sale was executed in three tranches: 23,378 shares on May 25, 24,099 shares on May 26, and 901 shares on May 27, 2026.
• · The equity share capital of NRB Bearings remained unchanged at 96,922,600 equity shares of ₹2 each throughout the transactions.

29-05-2026

RajasthanGlobal Securities Pvt. Ltd. acquired 12,87,378 shares (0.22% of voting capital) of Restaurant Brands Asia Ltd. in the open market on May 27, 2026, increasing its stake from 9.11% to 9.33%. The acquirer is not part of the promoter/promoter group. The total diluted share capital of the target company remains unchanged at 58,27,46,905 shares of ₹10 each.

• · The acquisition was executed in the open market on May 27, 2026.
• · The acquirer is not part of the promoter/promoter group.
• · No shares were acquired through encumbrance, warrants, or convertible securities.
• · The total diluted share capital of the target company remains at 58,27,46,905 shares of ₹10 each.
• · The acquirer's PAN is AAACR4122R.

29-05-2026

SMALLCAP World Fund, Inc. has reduced its stake in 360 ONE WAM Ltd. by 4,290,086 shares (2.0419% of voting capital) through an open market sale on May 5, 2026. Post-transaction, the fund holds 24,184,767 shares, representing 5.9548% of the total voting capital, down from 7.9967% before the sale.

• · The sale was executed via open market on May 5, 2026.
• · SMALLCAP World Fund, Inc. is not part of the promoter/promoter group.
• · The total diluted share capital of 360 ONE WAM Ltd. after the sale is 406,138,438 shares.
• · The acquirer's investment adviser is Capital Research and Management Company.

29-05-2026

Usha Martin Limited has received a disclosure under SEBI (SAST) Regulations, 2011 from Peterhouse Investments India Ltd, filed under Regulation 29(2). The filing is a regulatory disclosure of a substantial acquisition of shares, but no specific deal structure, valuation, or strategic rationale is provided in the summary. The filing does not disclose any financial metrics, shareholding changes, or scheduled events, limiting the depth of analysis.

• · Filing is a disclosure under Regulation 29(2) of SEBI SAST Regulations, 2011.
• · Acquirer is Peterhouse Investments India Ltd.
• · No deal value, share count, or percentage changes disclosed in the summary.

29-05-2026

Ashika Credit Capital Ltd. (ACCL) allotted 4,03,52,586 equity shares of ₹10 each on May 28, 2026, pursuant to a composite scheme of amalgamation involving Ashika Commodities & Derivatives Pvt Ltd (ACDPL) and Ashika Global Securities Pvt Ltd (AGSPL), sanctioned by the NCLT Kolkata Bench on May 8, 2026. Concurrently, 1,13,51,990 equity shares held by AGSPL and ACDPL in ACCL were cancelled. Post-transaction, the promoter and promoter group's collective shareholding increased from 57.99% to 74.52% of the enlarged share capital, while individual holdings shifted significantly.

• · The share entitlement ratio was 6,726 equity shares of ACCL (₹10 each) for every 10,000 equity shares of the amalgamating company (₹10 each).
• · 6 equity shares were allotted to Catalyst Trusteeship Limited for fractional entitlement.
• · The scheme was sanctioned by the Hon'ble NCLT, Kolkata Bench on May 8, 2026.
• · The acquisition is exempt from open offer under Regulation 10(1)(d)(ii) of SEBI (SAST) Regulations, 2011.
• · Individual promoter holdings changed significantly: Pawan Jain from 7.41% to 11.89%, Roshni Jain from 3.63% to 7.45%, Daulat Jain from 1.01% to 3.80%.
• · Ashika Global Securities Pvt Ltd and Ashika Commodities & Derivatives Pvt Ltd no longer hold any shares post-cancellation.

29-05-2026

Akme Fintrade (India) Ltd has filed a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, indicating a substantial acquisition of shares by Subhash Phootarmal Rathod & Others. However, the filing does not disclose the deal size, valuation, share count, or any financial metrics, making it impossible to assess materiality or strategic rationale. The event is purely a regulatory disclosure with no quantitative details provided.

• · The filing is made under Regulation 29(1) of SEBI SAST Regulations, which typically requires disclosure when an acquirer crosses certain shareholding thresholds (e.g., 5%, 10%, 14%, etc.).
• · The acquirer is identified as 'Subhash Phootarmal Rathod & Others', indicating a group or PAC (Persons Acting in Concert).
• · No details on the number of shares acquired, percentage of stake, or consideration are provided in the filing summary.

29-05-2026

The filing is a disclosure under SEBI (SAST) Regulations, 2011, specifically Regulation 29(2), regarding M S Swarnakumari. It does not provide any details on deal structure, valuation, strategic rationale, or financial impact. No transaction value, share count, or financial metrics are disclosed. The filing is purely procedural and lacks substantive information for investment analysis.

29-05-2026

Nova Iron & Steel Ltd. filed a disclosure under Regulation 10(5) of SEBI (SAST) Regulations, 2011, regarding an acquisition under Regulation 10(1)(a). The filing is purely a regulatory disclosure with no financial details, deal structure, or strategic rationale provided.

• · The filing is a disclosure under Regulation 10(5) of SEBI SAST Regulations, indicating an acquisition under Regulation 10(1)(a).
• · No details about the acquirer, target, deal size, or consideration are provided in the filing summary.

29-05-2026

Ryan Patel, a member of the promoter group, acquired 40,800 equity shares (0.004% of diluted share capital) of Patel Engineering Limited via transmission following the death of the previous holder, Mr. Pravin Patel, on July 1, 2025. The transmission was completed on May 25, 2026, and falls under the exemption provided in Regulation 10(1)(g) of the SEBI Takeover Regulations, meaning no open offer was required. Post-transaction, Ryan Patel's total holding in the company is 2,80,700 shares (0.02%), while the transferor's entire stake of 40,800 shares has been eliminated; the shareholding percentage remained flat at 0.02% due to the relative insignificance of the transferred stake.

• · The transaction was exempt from making an open offer under Regulation 10(1)(g) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• · The transmission was effected after the release of a pledge on the aforesaid shares.
• · No consideration (nil price) was paid for the acquisition of these shares.
• · The disclosure was made to the stock exchanges on May 28, 2026, under Regulation 10(6) of the Takeover Code.

29-05-2026

Mukul Agrawal and Param Value Investments (through its partner Mukul Agrawal) disclosed a net sale of 10,12,500 equity shares (4.647% of voting capital) of Siyaram Recycling Industries Ltd. between April 23, 2026 and May 25, 2026. This reduced their aggregate holding from 6.138% to 1.492% of the total voting capital. The sale was executed in the open market.

• · The acquirer is not part of the promoter/promoter group.
• · The sale was conducted in the open market over the period April 23, 2026 to May 25, 2026.
• · No convertible securities, warrants, or other instruments were involved; only equity shares carrying voting rights were transacted.
• · 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).

29-05-2026

Cineline India Limited promoters corrected a prior disclosure error and reported the release of 7,12,000 pledged equity shares on April 29, 2026. The correction shows that promoters had previously encumbered shares totaling 0.73% (Himanshu Kanakia and Rasesh Kanakia each), 0.29% (Rupal Kanakia and Hiral Kanakia each), and 0.02% (Himanshu Kanakia and Rasesh Kanakia each) of total share capital, which were inadvertently reported as nil. The release of pledges reduces promoter encumbrance to zero, which is a positive development for the company's governance and financial flexibility.

• · The original disclosure erroneously reported promoter encumbrance as nil; the corrected filing shows specific encumbered share counts for each promoter.
• · All pledges were released on April 29, 2026, and post-release, no promoter shares remain encumbered.
• · The pledges were created on December 31, 2025, and were for providing collateral security by the promoters for personal use.
• · None of the encumbered shares represented 50% or more of promoter shareholding or 20% or more of total share capital.
• · The entities in whose favor shares were pledged are Motilal Oswal Financial Services Limited and Sharekhan Limited.

29-05-2026

The filing concerns a disclosure under SEBI (SAST) Regulations, 2011 by Ajanta Pharma Ltd for Aayush Agrawal as trustee. However, **the filing explicitly provides only event metadata (Regulation 31(1) and 31(2) disclosure, dated May 28, 2026) with no financial details, deal size, valuation metrics, or other quantitative information.** Without the actual content of the SAST disclosure, critical data such as transaction value, share count, shareholding changes, and strategic rationale are absent. The analysis is therefore limited to confirming the regulatory event type (SAST disclosure) and noting that all specific quantitative fields are 'NOT_DISCLOSED'. There is no performance data to report as mixed.

29-05-2026

Vedanta Limited disclosed the full release of encumbrances over Hindustan Zinc Limited (HZL) equity shares following the complete redemption of Non-Convertible Debentures on May 14, 2026. The release covers all encumbrances created under the Debenture Trust Deed dated May 10, 2024, including the remaining pledge on 3,31,99,474 shares (0.78% of listed capital). This marks the conclusion of the encumbrance arrangement that required Vedanta to maintain at least 50.1% ownership and control of HZL.

• · The Deb