India Technology Sector Merger & Acquisition Filings — June 03, 2026

03-06-2026

Genesis Exports Private Limited, a promoter of La Opala RG Limited, acquired 60,000 equity shares on the open market on June 2, 2026, increasing its stake from 46.94% to 46.99%. The transaction was disclosed under SEBI insider trading regulations.

• · Acquisition was made on the NSE on June 2, 2026.
• · Post-acquisition, promoter holds 5,21,60,000 equity shares (46.99%).
• · Transaction value excludes taxes/brokerage/other charges.

03-06-2026

Tirth Plastic Ltd (TPL) has entered into a non-binding Memorandum of Understanding (MOU) with Krishna Plastic Traders (KPT) on June 3, 2026, for the proposed acquisition and takeover of KPT's business undertaking. The acquisition is subject to financial, legal, technical and commercial due diligence, independent valuation, and approvals from the Board, shareholders, stock exchanges, and other regulators. The consideration may be paid in cash, equity, preference shares, loan, or a combination thereof, and definitive agreements have not yet been executed.

• · The MOU is non-binding and no definitive agreements have been entered into yet.
• · The acquisition is expected to achieve immediate capacity expansion, strengthen product portfolio and market presence, and derive operational synergies through integration of KPT's manufacturing capabilities and customer base.
• · The transaction does not involve any promoter/promoter group/group companies and is not a related party transaction.
• · KPT operates in the plastic manufacturing industry, specifically focused on FIBC jumbo bags, PP/HDPE ropes, mono-filament yarn, tarpaulins, and allied industrial plastic products.

03-06-2026

Confidence Petroleum India Ltd disclosed under SEBI SAST Regulation 29(1) that Radiant Computech Pvt Ltd has acquired shares, triggering disclosure obligations. No financial details, deal size, or valuation were provided in the filing.

• · The disclosure is made under Regulation 29(1) of SEBI (SAST) Regulations, 2011.
• · The acquirer is Radiant Computech Pvt Ltd.
• · No details on number of shares acquired or percentage of stake are provided.

03-06-2026

Restaurant Brands Asia Limited filed a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, indicating a substantial acquisition of shares by Lenexis Foodworks Pvt Ltd & Others. The filing does not provide any financial details, deal structure, valuation, or strategic rationale. The event is purely a regulatory disclosure with no quantitative data on transaction value, share count, or financial metrics.

• · Filing is under Regulation 29(1) of SEBI SAST Regulations, which requires disclosure when a person acquires shares or voting rights in a listed company exceeding certain thresholds.
• · No details on the number of shares acquired, percentage of stake, or consideration paid are provided in the filing.
• · The acquirer is Lenexis Foodworks Pvt Ltd & Others, but no further information about this entity is disclosed.

03-06-2026

Cosmic CRF Limited (BSE: 543928) filed a disclosure under SEBI (SAST) Regulations, 2011, Regulation 29(2), on June 03, 2026, regarding Aditya Vikram Birla. The filing is a regulatory disclosure of an acquisition event, but no specific deal structure, valuation, or strategic rationale is provided in the filing. The disclosure confirms a substantial acquisition of shares by Aditya Vikram Birla, but key details such as deal size, share count, and financial metrics are not disclosed.

• · Filing is under Regulation 29(2) of SEBI SAST, 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.
• · Acquirer is an individual: Aditya Vikram Birla, not a corporate entity.
• · No details on whether the acquisition is open market purchase, preferential allotment, or off-market transaction.

03-06-2026

Amanaya Precious Metals LLP, a promoter group entity of Amanaya Ventures Limited, acquired 30,000 equity shares through open market purchases on June 1 and June 2, 2026. This increased its holding from 1,68,000 shares (4.49%) to 1,98,000 shares (5.30%), crossing the 5% threshold and triggering a disclosure under SEBI Takeover Regulations. The acquisition reflects increased promoter group confidence, though the total paid-up equity capital of the company remains unchanged at 37,39,000 shares.

• · The acquisition was made via open market purchases on two consecutive days: 24,000 shares on June 1, 2026 and 6,000 shares on June 2, 2026.
• · The acquirer, Amanaya Precious Metals LLP, is a Promoter Group entity of the company.
• · The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, triggered by crossing the 5% shareholding threshold.
• · No encumbrances, warrants, or convertible securities were involved in the acquisition; all shares acquired are fully paid-up equity shares ranking pari passu with existing shares.
• · The total paid-up equity capital of the company remained constant at 37,39,000 equity shares before and after the acquisition.

03-06-2026

Anand Rathi Financial Services Limited (ARFSL), a promoter of Anand Rathi Share and Stock Brokers Limited (ARSSBL), created a pledge of 24,00,000 equity shares (3.81% of total share capital) on June 2, 2026, in favor of Anand Rathi Securities Private Limited to avail margin limits. Post-pledge, ARFSL's holding in ARSSBL stands at 4,38,45,400 shares (69.56% of total share capital), while the pledged shares are 27,00,000 shares (4.28% of total share capital) including a prior pledge of 3,00,000 shares (0.46%) to Suresh Rathi. No other promoter or PAC reported any encumbrance activity.

• · The pledge was created on June 2, 2026, and reported on June 3, 2026.
• · The reason for the pledge is to avail margin limits.
• · No other promoter or person acting in concert (PAC) reported any creation, release, or invocation of encumbrance.
• · Shareholding details are taken as on March 31, 2026.

03-06-2026

Khandepar Investments Private Limited (KIPL), a promoter of Ravindra Energy Limited, has revoked/released a pledge on 55,00,000 equity shares (face value ₹10 each) that were previously pledged with JM Financial Products Limited as security for a loan obtained by the company. The loan has been repaid, resulting in the release of the pledge and reducing KIPL's encumbered shares to nil. This is a positive development as it reduces promoter pledge exposure, though the overall promoter holding remains unchanged.

• · KIPL's total promoter holding is 5,77,08,844 shares (32.29% of total share capital).
• · Post-release, KIPL's encumbered shares are nil (0%).
• · The pledge was originally created on equity shares as security for a loan obtained by the company, and the loan has been repaid.
• · Other promoters (Narendra Murkumbi, Vidya Murkumbi, etc.) have no encumbered shares reported.
• · The filing is made under Regulation 31(2) of SEBI (SAST) Regulations, 2011.

03-06-2026

Smart Services Private Limited acquired 1,94,58,000 shares (75.00% of voting rights) of Sharp India Limited through an off-market purchase on June 2, 2026, at ₹10 per share. The acquisition was made via a Share Purchase Agreement dated April 1, 2026, and the acquirer's shareholding increased from 0.00% to 75.00% post-acquisition.

• · The acquisition was executed off-market via a Share Purchase Agreement dated April 1, 2026.
• · Prior to acquisition, Smart Services Private Limited held 0.00% of shares/voting rights in Sharp India Limited.
• · The disclosure was filed under Regulation 18(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• · A detailed public announcement was made on January 1, 2026, and a detailed public statement on January 21, 2026.

03-06-2026

Linc Limited filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 on June 03, 2026, regarding Deepak Jalan. The filing is a regulatory disclosure of a substantial acquisition of shares or takeovers, but no specific deal structure, valuation, strategic rationale, or financial metrics are provided. The filing lacks quantitative data, making it impossible to assess materiality or directional impact.

03-06-2026

NCL Industries Limited disclosed that promoter group member Kalidindi Ravi acquired 2,000 equity shares in the open market on June 2, 2026. The acquisition increased his holding from 3,092,183 shares (6.84%) to 3,094,183 shares (6.84%), representing a negligible change in percentage terms. The total equity capital of the company remained unchanged at ₹45,23,27,900 comprising 4,52,32,790 shares of ₹10 each.

• · The acquisition was made through open market purchase on June 2, 2026.
• · The disclosure is filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• · The promoter's total holding after acquisition is 3,094,183 shares, still representing 6.84% of the total voting capital.
• · No shares were encumbered (pledged/lien) before or after the acquisition.
• · The company's total diluted share capital remains unchanged.

03-06-2026

Kirloskar Ferrous Industries Ltd. (KFIL) has received NCLT Mumbai approval on June 2, 2026 for the scheme of amalgamation of its wholly owned subsidiaries Oliver Engineering Private Limited (OEPL) and Adicca Energy Solutions Private Limited (AESPL) into KFIL. The scheme, with an appointed date of April 1, 2025, aims to consolidate businesses, streamline holding structure, and achieve cost optimization. No consideration is required as the transferor companies are wholly owned subsidiaries.

• · The scheme was approved by the boards of the petitioner companies on August 4, 2025.
• · An inadvertent arithmetical error in the post-merger authorized share capital was corrected via board resolutions dated April 4, 2026.
• · Two investigations are pending against KFIL: one by the Competition Commission of India and another by the Serious Fraud Investigation Office.
• · No objection certificate from BSE is not required as the transferor companies are wholly owned subsidiaries.
• · The transferor companies have no pending charges, and no individual holds significant beneficial ownership in the ultimate holding company.

03-06-2026

Alkem Laboratories (sector incorrectly tagged as 'technology' in the user prompt; it is a pharmaceutical company) has received a disclosure letter from Samprada & Nanhamati Singh Family Trust under SEBI SAST Regulation 11(5), related to an amendment to the trust deed. **The filing contains no financial data, deal terms, valuation, or strategic rationale.** The sole disclosed action is a trust deed amendment by the promoter family trust, which is a procedural compliance event with no quantifiable business or financial impact.

03-06-2026

Ventive Hospitality Limited has invested ₹50,00,00,000 (Rupees Fifty Crores) in Soham Leisure Ventures Private Limited (operator of Hilton Goa Resort) via subscription of 50,00,000 Optionally Convertible Debentures (OCDs) at ₹100 each, with allotment confirmed on June 03, 2026. This follows prior OCD investments of ₹110,50,00,000 (November 2025) and ₹25,00,00,000 (January 2026), and the company already holds a 76% equity stake in the subsidiary. However, the subsidiary's turnover has declined from ₹46,18,82,000 in FY2025 to ₹40,66,40,000 in FY2026, a drop of approximately 12% year-over-year, indicating operational headwinds at the Hilton Goa Resort.

• · The subsidiary's turnover declined from ₹46,18,82,000 in FY2025 to ₹40,66,40,000 in FY2026, a drop of ~12%.
• · Ventive now holds 76% equity stake in Soham Leisure Ventures, which operates Hilton Goa Resort.
• · All OCD subscriptions (current and prior) were done at face value of ₹100 per OCD, at arm's length.
• · No governmental or regulatory approvals were required for the acquisition.
• · Soham Leisure Ventures was incorporated on August 2, 2011, and operates solely in Goa.

03-06-2026

PRO FITCCH PRIVATE LIMITED, a promoter group entity of Paisalo Digital Limited, created pledges on 2,82,07,220 shares (3.10% of total share capital) on June 2, 2026, in favor of Bajaj Financial Securities Limited. The pledges were created solely for availing margin trading facility and do not involve transfer of ownership or control. Total promoter shareholding in the company is 3.10%, with 27.28% of promoter shares encumbered.

• · The pledge was created on June 2, 2026, and reported on June 3, 2026.
• · The pledge is in favor of Bajaj Financial Securities Limited.
• · The purpose is solely for availing margin trading facility, not involving transfer of ownership or control.
• · Total promoter shareholding in the listed company is 2,82,07,220 shares (3.10% of total share capital).
• · Encumbered shares as a percentage of promoter shareholding is 27.28%.
• · Encumbered shares are not 50% or more of promoter shareholding, nor 20% or more of total share capital.
• · There are six existing encumbrances with dates ranging from December 26, 2024, to June 3, 2026.
• · The security cover ratios for the encumbrances range from 1.59 to 1.67.

03-06-2026

Gujarat Fluorochemicals Limited (GFCL) announced the incorporation of a step-down subsidiary, GFCL EV New Age Materials SAOC, in Oman. The new entity, a closed joint stock company, is focused on manufacturing and trading battery chemicals and was incorporated by GFCL EV Products Limited (99% stake), GFCL (0.90%), and Mr. Nayankumar Bipinchandra Bhatt (0.10%). The total initial cash consideration was OMR 5,00,000 (approx. ₹10.7 Cr), and the subsidiary has yet to commence operations.

• · The subsidiary is incorporated as a Closed Joint Stock Company in Oman.
• · The entity has yet to commence operations and is newly incorporated for business development.
• · The filing was made under Regulation 30 of SEBI (LODR) Regulations, 2015.
• · No governmental or regulatory approvals were required for the acquisition.
• · The acquisition does not fall under related party transactions.

03-06-2026

RDB Infrastructure and Power Limited has completed the incorporation of Maxim Industries Private Limited, a newly formed company focused on solar cell manufacturing, and will acquire 43,500 equity shares (29% stake) for a cash consideration of ₹4,35,000. The acquisition is not a related party transaction and is aimed at entering the renewable energy sector. However, as Maxim Industries is newly incorporated, no historical financial data or turnover is available, and the acquisition is pending share subscription and allotment.

• · Maxim Industries Private Limited was incorporated on 02nd June, 2026.
• · The acquisition does not fall within the ambit of a related party transaction.
• · The transaction is proposed to be undertaken on an arm’s length basis.
• · The acquisition shall be completed upon subscription and allotment of shares by Maxim Industries Private Limited.
• · The company is incorporated in India and currently has operations/presence in India.

03-06-2026

Anand Rathi Financial Services Limited, a promoter of Anand Rathi Wealth Limited, disclosed a sale of 14,46,000 shares (1.74% of total share capital) on May 29, 2026, reducing its stake from 19.92% to 18.17%. The filing was made under SEBI Takeover Regulations and reflects a decrease in promoter holding in the company.

• · The promoter's shareholding after sale remained at 18.17% of total share capital and 17.91% on a diluted basis.
• · The total diluted share capital of the target company after the acquisition is 84260634 shares.
• · The mode of sale was not specified.

03-06-2026

Cupid Limited has received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Aditya Kumar Halwasiya. The filing does not provide any details on the nature of the acquisition, deal size, or strategic rationale. No financial metrics or shareholding changes are disclosed.

03-06-2026

This filing is a generic disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, reporting an acquisition by Jayantibhai Somabhai Patel & Persons Acting in Concert (PACs) in Promact Impex Limited. No specific transaction value, share count, financial metrics, or deal structure details are disclosed in the text. The available information is highly incomplete, preventing any meaningful quantitative or strategic analysis.

03-06-2026

Navigant Corporate Advisors Limited filed a merger/acquisition document on June 3, 2026, signed by Sagar Hiten Mehta. The filing indicates a corporate transaction, but no financial details or specific terms are disclosed.

• · Filing type is Merger/Acquisition.
• · Filing date is June 3, 2026.
• · Document digitally signed by Sagar Hiten Mehta on June 2, 2026.

03-06-2026

The filing pertains to a disclosure under Regulation 29(2) of the SEBI (SAST) Regulations, 2011, involving Gautam Gems Limited and Veeram Barter Pvt Ltd along with its PACs. No specific financial metrics, deal valuation, or strategic rationale are disclosed in this filing. The event is strictly a regulatory disclosure with no quantitative data on transaction size, share count, or financial performance.

03-06-2026

Sportking India Limited has updated that the Scheduled Commercial Operation Date (SCOD) for its solar power project through SPV M/s Evincea Renewable Seven Private Limited has been further extended to on or before 10th June 2026, due to ongoing technical processes. Power supply was previously expected to commence by 31st May 2026. All other terms and conditions remain unchanged.

• · Previous intimation dates: 02nd August 2025, 05th March 2026, and 30th April 2026.
• · Power supply was expected to commence on or before 31st May 2026 as per earlier communication.
• · Revised SCOD is now on or before 10th June 2026.
• · The update is available on the company's website at www.sportking.co.in.

03-06-2026

Palm Jewels Ltd received a disclosure under SEBI SAST Regulation 29(2) from Veeram Barter Pvt Ltd & PAC. No financial details, deal size, or strategic rationale are disclosed in this filing.

• · Disclosure under Regulation 29(2) of SEBI SAST Regulations, 2011
• · Acquirer: Veeram Barter Pvt Ltd & PAC
• · Target: Palm Jewels Ltd
• · Date of disclosure: June 03, 2026

03-06-2026

NHPC Limited filed a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, reporting that Life Insurance Corporation of India (LIC) has crossed the threshold requiring disclosure. No details on deal size, valuation, or strategic rationale are provided in this disclosure-only filing. The filing lacks financial metrics, party specifics beyond LIC, and any period-over-period comparisons.

• · Disclosure under Regulation 29(1) of SAST Regulations, indicating LIC's acquisition crossed the threshold that mandates public disclosure.
• · No details on number of shares acquired, acquisition price, or resulting shareholding percentage.

03-06-2026

Nalin Lease Finance Ltd filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, indicating that NPLUS Consultants Pvt Ltd has crossed a substantial acquisition threshold. The filing does not disclose the deal value, share count, or specific percentage changes. The event is a regulatory disclosure of an acquisition, not a merger or amalgamation, and the sector is classified as technology. No financial metrics, swap ratio, or valuation details are provided, limiting the depth of analysis.

• · Filing date: June 03, 2026
• · Source: BSE
• · Regulation: SEBI SAST Regulation 29(2)
• · Acquirer: NPLUS Consultants Pvt Ltd
• · Target: Nalin Lease Finance Ltd (Scrip ID: 531212)
• · Sector: Technology (as per filing classification)

03-06-2026

Neo Infracon Ltd. filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, regarding Bhavik N Mehta. The filing is purely a regulatory disclosure of an acquisition of shares or voting rights, but no specific deal structure, valuation, or strategic rationale is provided. No financial metrics, shareholding changes, or transaction details are disclosed, limiting actionable insights.

• · Filing is under Regulation 29(2) of SEBI SAST, which typically requires disclosure when an acquirer crosses certain thresholds (e.g., 5%, 10%, 14%, etc.) or makes a public announcement for an open offer.
• · No details on the number of shares acquired, percentage of voting rights, or consideration paid.
• · The filing does not indicate whether this is a creeping acquisition or part of a larger takeover attempt.

03-06-2026

Hindware Home Innovation Limited's board has approved a total investment of up to INR 15 crore in its joint venture Hintastica via a rights issue, and a separate acquisition of Atlantic's entire 5,48,787 equity stake in Hintastica for approximately INR 2,78,83,867, making Hintastica a wholly-owned subsidiary. The board also extended a corporate guarantee of INR 25 crore for Hintastica's working capital facilities. While the company aims to continue operating the water heater business under the Hindware brand, Hintastica's turnover has declined significantly — from INR 59,50,29,383 in FY24 to INR 39,71,57,628 in FY26 — due to the divestment of its manufacturing facility in December 2025, making it a lower-revenue, distribution-led entity.

• · Hintastica ceased manufacturing operations in December 2025 after divesting its manufacturing facility, becoming a distribution and marketing-led business.
• · Hintastica's net worth as of March 31, 2026 was INR 66,74,93,122.
• · The Share Purchase Agreement for Atlantic's stake is expected to close within 45 days of execution.
• · The existing Share Subscription and Shareholders Agreement dated March 25, 2021 between Hindware, Atlantic, and Hintastica will terminate upon completion.
• · Hintastica has presence in India, Nepal, and Bhutan.

03-06-2026

My Money Securities Ltd. filed a disclosure under SEBI (SAST) Regulations, 2011, Regulation 10(6), for Rajni Seth. The filing only references a disclosure requirement; no deal structure, rationale, valuation, or quantitative data is provided. Without additional details, the event is purely informational with no directional investment signal.

03-06-2026

Leading Leasing Finance and Investment Company Limited disclosed the sale of 1,341,223 shares (0.53% stake) in Aqylon Nexus Limited (formerly Sri Adhikari Brothers Television Network) on 02-06-2026 via open market sale. Post-disposal, the holding of Leading Leasing Finance in the target company decreased from 14.17% to 13.64% of the voting capital, representing a reduction of 0.53 percentage points.

• · The disposal was conducted through open market purchase/sale on 02-06-2026.
• · The acquirer (Leading Leasing Finance) does not belong to the promoter/promoter group of the target company.
• · Total diluted voting capital of the target company stands at 25,37,30,560 equity shares of ₹1 each both pre and post sale.
• · The shares sold carried voting rights; no mention of encumbrance or other instruments involved.
• · The filing is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

03-06-2026

Nikita Goenka, a promoter group member of GAMCO LIMITED, acquired 13,012 equity shares (face value ₹2 each) via open market transactions between June 1-3, 2026, increasing her total holding from 795,276 shares (1.47%) to 808,288 shares (1.49%). The acquisition represents a marginal 0.02 percentage point increase in shareholding, indicating a minor insider stake buildup.

• · Face value of each equity share: ₹2
• · Total equity share capital of the company: ₹10,80,63,000 / 5,40,31,500 shares
• · No shares were encumbered (pledge/lien) before or after the acquisition
• · No voting rights were acquired otherwise than by shares
• · Mode of acquisition: Open market transactions

03-06-2026

Aegis Investment Fund PCC, along with Persons Acting in Concert (PAC), acquired 457,142 shares (2.33% stake) of Modis Navnirman Ltd in the open market on June 3, 2026. This increased their total holding from 1,192,348 shares (6.09%) to 1,649,490 shares (8.42%). The acquirer is not part of the promoter/promoter group.

• · The acquisition was made in the open market.
• · The acquirer is not part of the promoter/promoter group.
• · The filing is under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

03-06-2026

Monarch Surveyors and Engineering Consultants Limited entered a binding agreement to acquire 100% equity of Australian firm GMR Engineering Services (via its trustee GM & FE Ryan Pty Ltd) for a total consideration of AUD $1,741,140 in cash. The target, debt‑free with owned assets valued at AUD $310,700, had annual revenue of AUD $1.8 million in FY2025 and forecasts AUD $2.2 million for FY2026, but its 3‑year average revenue of AUD $1.6 million shows only modest historical growth. The acquisition provides Monarch immediate access to Australian government panels and an 80% client retention rate, though completion remains subject to RBI/FEMA regulatory approvals and is targeted for 30 June 2026.

• · Target has 7 Australian Government procurement panels post-acquisition.
• · Target is regulated under the Corporations Act, 2001 (Cth) and Victorian professional licensing frameworks.
• · Monarch will not use IPO net proceeds for the acquisition; funding from internal accruals or bank term loan.
• · ASIC lodgement for director/share changes due by 31st July 2026.
• · Target provides 8 integrated engineering disciplines.
• · Mr. Glen Marshall Ryan has 46+ years of engineering experience.

03-06-2026

Promoters of Panafic Industrials Ltd., including Sarita Gupta (Managing Director), Anil Gupta, Saroj Gupta, and Rajeev Kumar Gupta, acquired a total of 2,95,00,000 equity shares via a rights issue on May 26, 2026. Post-acquisition, promoter holdings increased significantly: Sarita Gupta's stake rose from 1.50% to 3.18%, Anil Gupta's from 0.14% to 8.52%, Saroj Gupta's from 0.17% to 9.30%, and Rajeev Kumar Gupta's from 0.39% to 5.44%. The transactions were executed off-market through the rights issue and reported to the exchange on June 2, 2026.

• · The rights issue was executed on May 26, 2026, and the disclosure was made to BSE on June 2, 2026.
• · No trading in derivatives was reported by any of the promoters.
• · Sarita Gupta holds DIN:00113099 and PAN: AAIPG1432A.
• · Anil Gupta holds PAN: AAIPG1433B.
• · Saroj Gupta holds PAN: AFCPG5004R.
• · Rajeev Kumar Gupta holds PAN: AFCPG5006P.