India Sector Consolidation Regulatory Filings — April 23, 2026

23-04-2026

The Board of Directors of Aequs Limited approved the Scheme of Amalgamation of its three wholly-owned subsidiaries—AeroStructures Manufacturing India Private Limited (ASMIPL), Aequs Engineered Plastics Private Limited (AEPPL), and Aequs Force Consumer Products Private Limited (AFCPPL)—into the parent company on April 23, 2026, to achieve operational synergies, cost savings, and simplification of group structure. As on March 31, 2025, ASMIPL showed strong performance with ₹5,082 million turnover and ₹331 million profit, but AEPPL and AFCPPL reported losses of ₹284 million and ₹213 million respectively, while the parent Aequs Limited had ₹922 million turnover but a ₹736 million loss. The scheme requires shareholder approval and regulatory clearances, with no change in shareholding pattern or issuance of new shares.

• ·Board meeting held on April 23, 2026, from 18:00 to 19:05 HRS IST.
• ·Transaction not classified as related party transaction under Reg 23(5); no compliance with Section 188 required per MCA circular.
• ·No cash consideration or share exchange ratio; investments in subsidiaries to be cancelled upon scheme effectiveness.
• ·Scheme aligned with RHP statement on business restructuring for operational efficiencies.

23-04-2026

Saatvik Green Energy Limited entered into a Share Purchase Agreement on April 23, 2026, to acquire 8,000 equity shares (80% stake) of Melcon Transformers and Electricals Private Limited for INR 24 Millions in cash. This strategic move aims to diversify into transformer manufacturing, unlocking synergies in the power value chain and positioning the company as an integrated energy solutions provider. However, Melcon's turnover has significantly declined from Rs. 8,32,01,830 in FY23 to Rs. 6,52,69,710 in FY24 (-21.6% YoY) and further to Rs. 4,17,25,820 in FY25 (-36.1% YoY).

• ·Acquisition completion indicative timeframe: up to 30 days from April 23, 2026.
• ·No governmental or regulatory approvals required.
• ·Cash consideration; not a related party transaction.
• ·Melcon incorporated on 02/02/2005 in India (ROC Jaipur); ISO 9001-certified; transformers up to 12,500 KVA / 33 KV class.
• ·Saatvik operates 4.8 GW module manufacturing facility in Ambala; developing 4 GW module + 4.8 GW cell facility in Odisha.

23-04-2026

Go Digit General Insurance Limited received 'no adverse observations' letters from BSE Limited and National Stock Exchange of India Limited, both dated 22nd April 2026, for the proposed Scheme of Amalgamation with Go Digit Infoworks Services Private Limited. This follows the board approval announced on 19th December 2025. The company will abide by the conditions in the letters and proceed with filing the scheme with the National Company Law Tribunal (NCLT), Mumbai Bench.

• ·Observation letters available on company website: www.godigit.com/investor-relations
• ·BSE Scrip Code: 544179; NSE Symbol: GODIGIT
• ·CIN: L66010PN2016PLC167410; IRDAI Reg. No: 158

23-04-2026

DSM Fresh Foods Limited disclosed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, that Promoter Deepanshu Manchanda has not made any encumbrances, directly or indirectly, on shares held in the company during the financial year ended March 31, 2026. This yearly confirmation maintains the status quo on promoter shareholding with no changes reported in encumbrances.

• ·Disclosure submitted to BSE Limited on April 23, 2026.
• ·Applies to financial year 2025-2026.

23-04-2026

Star Cement North East Limited (SCNEL), a subsidiary of Star Cement Limited, acquired 100% shareholding of M/s Jaitaran Renewable Power Private Limited (JRPPL) for Rs.20,000 on April 23, 2026, making JRPPL a wholly owned subsidiary of SCNEL and a step-down subsidiary of Star Cement. This acquisition diversifies the business into the renewable energy & power sector. JRPPL, recently incorporated on March 11, 2026, has authorized share capital of Rs. 10.00 Lakhs, paid-up share capital of Rs. 0.20 Lakhs, and nil turnover for 2025.

• ·JRPPL Corporate Identification Number: U35100RJ2026PTC112367
• ·JRPPL Registered Office: Signature Tower, 3rd Floor, Unit 311 Lal Kothi Tonk Rd, Gandhi Nagar, Jaipur - 302015, Rajasthan
• ·Shares transferred on 23rd April, 2026
• ·Not a related party transaction

23-04-2026

The Board of Directors of CIE Automotive India Limited approved the Scheme of Merger by Absorption of its wholly-owned subsidiary CIE Aluminium Casting India Limited (CIEALCAST) into the parent company on April 23, 2026, to achieve production synergies, operational efficiencies, economies of scale, and elimination of inter-company transactions. For the financial year ended December 31, 2025, CIEALCAST reported turnover of INR 11,728 Million and net profit after tax of INR 948 Million, while the parent company recorded turnover of INR 48,964.02 Million and net profit after tax of INR 6,169.27 Million. No new shares will be issued, and the scheme is subject to NCLT and regulatory approvals.

• ·CIEALCAST acquired by parent in April 2019.
• ·No change in shareholding pattern; entire share capital of transferor held by transferee to be cancelled.
• ·Transaction exempt from related party approvals as per MCA Circular and SEBI LODR Reg 23.
• ·Both entities manufacture automotive components and parts.

23-04-2026

The Board of Directors of Inventurus Knowledge Solutions Limited approved the acquisition of 100% shareholding in TruBridge Inc., a US-based healthcare IT and RCM provider with USD 347 million turnover serving over 700 hospitals, for up to USD 565,000,000 via merger of IKS Next Horizon, Inc. with the Target, expected to complete within 180 days from April 23, 2026. The deal will be funded through USD 670,000,000 facilities from Citibank N.A., Deutsche Bank AG Singapore Branch, and JPMorgan Chase Bank, N.A., with guarantees up to USD 703,500,000 by the Company and security over key subsidiaries and assets. The acquisition aims to diversify into sticky SaaS EHR segment and strengthen US healthcare presence, with TruBridge's revenue showing modest growth (1.3% in CY2025 vs CY2024, 1.6% in CY2024 vs CY2023).

• ·Merger Sub (IKS Next Horizon, Inc.) incorporated on March 10, 2026 with no operations.
• ·TruBridge Inc. incorporated February 14, 1979, listed on NASDAQ, presence in USA and India.
• ·Facilities include pledges over shares in IKS Inc., Aquity Holdings, Inc., Target; security over assets of IKS Inc., Aquity entities, Target (excluding certain US subsidiaries).
• ·'Change of Control' by Jhunjhunwala Family or founders triggers potential early prepayment.
• ·Board meeting: April 23, 2026, 05:15 p.m. to 06:27 p.m. IST; Commitment Letter dated April 16, 2026.

23-04-2026

Gayatri Projects Limited disclosed that Mr. T. V. Sandeep Kumar Reddy, Chairman & Managing Director from the Promoter Group, acquired shares of the company through a preferential allotment. The disclosure was made in compliance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, and submitted to BSE and NSE on April 23, 2026. No specific details on the number of shares, value, or impact on holdings were provided.

23-04-2026

Lloyds Metals and Energy Limited (LMEL, public category) and Lloyds Enterprises Limited (LEL) acquired 20,00,000 (2.91%) and 16,46,875 (2.40%) shares respectively in Bharat Wire Ropes Limited via market purchase on April 17, 2026, increasing their combined holding from 3,14,569 shares (0.46%) to 39,61,444 shares (5.77%). LMEL's stake rose to 23,00,000 shares (3.35%) from 3,00,000 (0.44%), while LEL established a new position of 16,46,875 shares (2.40%). The total equity share capital remains Rs. 686229140 divided into 6,86,22,914 shares of Rs. 10 each.

• ·Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·Mode of acquisition: Open Market / Market Purchase
• ·LMEL PAN: AAACL0830E; LEL PAN: AAACB2975J
• ·NSE Symbol: BHARATWIRE; BSE Scrip Code: 539799
• ·Date of intimation receipt by company: April 20-23, 2026

23-04-2026

Shah Metacorp Limited's Board of Directors approved an equity investment of ₹52000 to acquire 26% stake (5200 equity shares of ₹10 each) in Strike Eco Grid Private Limited, a recently incorporated renewable energy company focused on solar EPC and power generation. The cash investment, along with a loan for working capital needs, is expected to provide captive solar benefits, reduce operational costs, and enable supply chain synergies. Completion is targeted by May 15, 2026, in one or multiple tranches.

• ·Strike Eco Grid Private Limited CIN: U43222GJ2025PTC164979, incorporated on 07/07/2025
• ·Not a related party transaction; no interest from promoters or group companies
• ·Acquisition at face value; cash consideration for shares and working capital loan
• ·No governmental or regulatory approvals required
• ·Board meeting held on April 23, 2026, concluded at 5:30 p.m.

23-04-2026

Force Motors Limited executed a Share Purchase Agreement on April 23, 2026, with Veera Tanneries Private Limited (VTPL) and its shareholders to acquire the entire shareholding for Rs. 161,96,25,729, making VTPL a Wholly Owned Subsidiary. This update follows earlier intimations dated February 4, 2026, and February 6, 2026, under Regulation 30 of SEBI LODR Regulations. Required disclosures per SEBI circulars have already been furnished.

• ·Scrip Code: 500033; NSE Symbol: FORCEMOT
• ·References SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

23-04-2026

Apcotex Industries Limited completed the acquisition of 33,75,000 equity shares, representing a 5.12% stake, in Opera Vayu (Narmada) Private Limited for INR 3,37,50,000 on April 22, 2026. This strategic investment follows board approval on March 27, 2025, for a Power Purchase Agreement (PPA) and Share Subscription Cum Shareholders Agreement (SSSHA) to enable captive consumption of hybrid power. The acquisition is in the power sector and involves cash consideration with no regulatory approvals required.

• ·Opera Vayu (Narmada) Private Limited incorporated on August 1, 2022, as a wholly owned subsidiary of Shivman Wind Energy Private Limited; last 3 years turnover: Nil.
• ·Acquisition not a related party transaction; done at arm's length.
• ·No governmental or regulatory approvals required.

23-04-2026

BC Asia Investments XXV Limited (Investor 1) and BC Asia Investments XIV Limited (Investor 2), along with persons acting in concert including BC Asia Investments XXIV Limited and existing promoters, have disclosed under SEBI (SAST) Regulation 29(2) their holdings in Manappuram Finance Limited following completion of an open offer on April 21, 2026, enabling exercise of voting rights on 9,29,01,373 shares (9.89% of total share capital). The Acquirers hold these shares plus 9,29,01,373 warrants, totaling 18,58,02,746 instruments (18.00% diluted share capital), and have acquired control, becoming promoters alongside the existing promoter group which holds 29,84,01,014 shares (31.77%). Total equity share capital remains unchanged at 93,93,36,102 shares of face value INR 2 each, with total diluted capital at 1,03,22,37,475 shares.

• ·Allotment of Subscription Shares and Warrants occurred on March 27, 2026, held in demat escrow until post-open offer.
• ·SSA and SHA dated March 20, 2025, as amended.
• ·Face value of equity shares: INR 2 each.
• ·Disclosure filed April 23, 2026; acquisition of voting rights effective April 21, 2026.

23-04-2026

Gemstone Investments Ltd. (BSE: 531137) has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Manali Bhuva. This is a mandatory prior intimation for potential acquisition of shares that may cross 5% holding or result in further 2%+ change. No details on stake acquired, deal value, timeline, or financial impact are disclosed.

23-04-2026

Paradeep Parivahan Ltd (544383) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE, regarding Lalit Dua's intention to acquire substantial shares in the company. No details on deal structure, valuation, shareholding changes, or transaction terms are disclosed. This is an early-stage disclosure of acquisition intent with no quantitative metrics provided.

23-04-2026

BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from Neomile Corporate Advisory Ltd & Others pertaining to Innovision Ltd (scrip code 544732). This is an informational SAST compliance filing with no further details provided on the nature, size, or impact of the transaction. No quantitative metrics, financial terms, or shareholding changes are disclosed.

23-04-2026

Coforge Limited announced the successful closure of its Encora acquisition, allotting shares to sellers at ₹1815.91 per share and securing a USD 550 million three-year loan at 4.6% fixed interest to fund it, thereby cancelling QIP plans and avoiding further dilution. Integration activities are ahead of schedule, with 20-25% G&A cost synergies expected and all key Encora leaders retained, including Vijay Verma as Senior Management Personnel. The combined entity positions Coforge as a US$2.5 Bn firm with US$2 Bn in AI-led engineering, data, and cloud revenues projected for FY’27, enhancing scale in hi-tech, healthcare, LATAM nearshore, and US client footprint.

• ·Acquisition originally announced in December 2026
• ·Consolidation of Encora financials effective May 1, 2026
• ·FY’27 results to reflect eleven months of Encora operations
• ·Loan repayment first payment six months from April 23, 2026
• ·45 US$10 Mn+ relationships in combined firm
• ·Forward-looking risks include integration delays and strategy implementation challenges

23-04-2026

Concord Enviro FZE, a wholly-owned subsidiary of Concord Enviro Systems Limited, acquired 1,277,777 Convertible Preferred Stock shares of U.S.-based WaHa Inc. for US$ 574,999.65 at US$ 0.45 per share, securing a 2.87% stake and exclusive licensing rights for atmospheric water generation technologies in India and the UAE. This aligns with the company's sustainability strategy and offers synergies in water-stressed sectors. However, WaHa Inc. has minimal turnover of 0.14 US$ lakhs in FY2024-25 (down from 0.16 US$ lakhs in FY2023-24), a PAT loss of 31.26 US$ lakhs, and negative net worth of 59.88 US$ lakhs as of March 31, 2025.

• ·WaHa Inc. date of incorporation: July 25, 2018; headquartered in California, USA.
• ·Transaction on arm’s length basis; no related party interest or regulatory approvals required.
• ·Industry: Clean Technology (ClimateTech) focused on Atmospheric Water Generation (AWG), HVAC, and water technology.

23-04-2026

Promoter Shreyash Vinodkumar Chaturvedi acquired 13,27,783 equity shares via Rights Issue on April 22, 2026, increasing his holding in Regal Entertainment & Consultants Limited from 10,77,781 shares (12.10%) to 24,05,564 shares (27.00%) of the post-issue diluted capital of 89,09,090 shares. The company's equity share capital expanded from 30,72,100 shares pre-rights issue to 89,09,090 shares post-issue, with the acquirer exercising 13,27,783 out of 20,47,783 entitled rights shares. This disclosure complies with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

• ·Rights Issue date of allotment/intimation: April 22, 2026
• ·CIN: L65923MH1992PLC064689
• ·Scrip Code: 531033
• ·Out of 20,47,783 rights entitlements, only 13,27,783 were exercised by the acquirer

23-04-2026

Retaggio Trading Services LLP, a promoter of Retaggio Industries Ltd (Scrip Code: 544391, ISIN: INEOKWJ01014), disclosed under SEBI PIT Regulations the allotment of equity shares pursuant to conversion of warrants via preferential offer, increasing its shareholding from 52,50,000 shares (28.47%) to 90,09,000 shares (30.22%). The allotment occurred around April 27, 2026, with intimation provided on April 22, 2026. No transaction value was disclosed, and there were no details on derivatives trading.

• ·Mode of acquisition: Preferential Offer (allotment pursuant to conversion of warrants)
• ·PAN of promoter: AABEFR7349L
• ·DPIN of Designated Partner: 02634124
• ·No value of transaction disclosed (excludes taxes/brokerage/other charges)
• ·No trading in derivatives reported

23-04-2026

Diwakar Finvest Private Limited, a promoter holding 9,87,94,786 shares (22.63%) in Emami Limited, disclosed the release of pledged shares in three transactions during April 2026: 6,000 shares on April 15 from Axis Finance Limited, 6,00,000 shares on April 16 from Bajaj Finance Limited, and 12,00,000 shares on April 22 from Bajaj Finance Limited. This reduced encumbered shares from 2,72,95,014 (6.25% of share capital) to 2,54,89,014 (5.84%). No other encumbrance creations, invocations, or changes were reported for other promoters.

• ·Annexure A lists detailed promoter holdings with no encumbrance changes for most individuals and entities except Suraj Finvest Private Limited's ongoing encumbrance of 1,20,28,992 shares (2.7558%).
• ·Disclosure reported to NSE, BSE, and Emami Limited on 22/04/2026 under SEBI Regulation 31(2).

23-04-2026

Dreamfolks Services Limited has completed the first phase of its investment in ETT Solutions DMCC through secondary purchase of shares, registered with Dubai Multi Commodities Centre Authority, resulting in a current shareholding of 34%. The subsequent primary subscription phase will proceed as per agreed timelines, increasing the overall stake to 60.24% upon completion. This follows the board approval intimated on December 01, 2025.

• ·Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• ·Previous board approval intimation dated December 01, 2025
• ·Scrip Code: 543591, Symbol: DREAMFOLKS

23-04-2026

Nanta Tech Limited incorporated Nanta Technologies FZ-LLC as a wholly owned subsidiary in the Ras Al Khaimah Economic Zone, UAE, on April 23, 2026, with authorized and paid-up capital of AED 1,00,000 divided into 100 equity shares of AED 1,000 each. This strategic expansion targets high-growth GCC markets, leveraging the ALLBOTIX robotics portfolio and AI solutions to capitalize on initiatives like Saudi Arabia’s Vision 2030 and UAE’s National AI Strategy via a partner-led approach. No financial impacts or performance metrics were disclosed.

• ·CIN: L26405GJ2023PLC142367
• ·ISIN: INEOYJA01011
• ·BSE Scrip Code: 544668
• ·DIN: 09565806 (Mayank Jani)
• ·Subsidiary address: Office 703, Skywalk The Element, Godrej Garden City, Gota, Ahmedabad, India

23-04-2026

Rathi Bars Limited's Promoter and Promoter Group, including 8 individuals (e.g., Anurag Rathi, Pushpa Rathi) and 13 entities (e.g., Bhuwneshwari Leasing and Finance Private Limited), disclosed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, that no encumbrances were created on their shares during FY 2025-26. The disclosure was signed by Anurag Rathi, Managing Director and Promoter, on behalf of the group. This is a compliance filing confirming no pledges or liens on promoter holdings.

• ·CIN: L74899DL1993PLC054781
• ·Scrip Code: 532918
• ·Symbol: RATHIBAR
• ·Disclosure Date: April 22, 2026
• ·Regd. Office: A-24/7, Mohan Co-operative Industrial Estate, New Delhi-110044

23-04-2026

Guild Builders Private Limited, the holding company of Omaxe Limited, created a Non-Disposal Undertaking on 35257799 equity shares (19.28% of total share capital) in favor of Catalyst Trusteeship Limited on April 15, 2026, related to borrowings availed through issuance of NCDs by step-down subsidiaries. This increases the promoter's total encumbered shares to 49905466 (27.29% of total share capital) from prior encumbered shares of 14647667 (8.01%). No encumbrances reported for other individual promoters like Rohtaas Goel (2.49% holding) or Mohit Goel (0.84% holding).

• ·Disclosure reported to BSE and NSE on April 23, 2026
• ·Encumbrance for borrowings by step-down subsidiaries in form of NCDs
• ·No encumbrance changes for other promoters or PACs listed

23-04-2026

Aster DM Healthcare Limited and its material subsidiary MIMS have completed the acquisition of a 26% stake in Oyster Green Hybrid Two Private Limited for a revised total consideration of ₹5,80,00,000 (down from original ₹7,00,00,000 due to reduced project costs), paid in two tranches: ₹3,54,00,000 on October 2, 2025, and ₹2,26,00,000 on April 22, 2026. This meets the statutory 26% ownership requirement for a captive 18 MWp solar power plant in Kerala to supply renewable electricity to their facilities. However, the target reported nil turnover and a FY25 PAT loss of ₹5,43,000, with paid-up capital of ₹10,00,00,000 and net worth of ₹9,74,25,000 as of March 31, 2025.

• ·Oyster Green Hybrid Two Private Limited incorporated on January 22, 2024
• ·Oyster's FY25 turnover: Nil
• ·No governmental or regulatory approvals required for the acquisition
• ·None of the promoters/promoter group/group companies have interest in the transaction
• ·Oyster passed board resolution for second tranche allotment on April 8, 2026; shares issued April 22, 2026

23-04-2026

The Board of Himadri Speciality Chemical Ltd approved the Audited Financial Results (Standalone & Consolidated) for the quarter and FY ended 31 March 2026 with an unmodified audit opinion, and recommended a final dividend of Re. 0.80 per equity share (80% of face value) subject to shareholder approval. Additional approvals include re-appointment of Ernst & Young LLP as Internal Auditor, appointment of Mr. Sambhu Banerjee as Cost Auditor for FY 2026-27, re-appointment of two Independent Directors for second 5-year terms, and incorporation of a wholly owned step-down subsidiary in Guangzhou, China.

• ·Board meeting held on 23 April 2026 from 12:00 p.m. to 4:00 p.m. IST
• ·Re-appointment of Mr. Girish Paman Vanvari w.e.f. 22 June 2026
• ·Re-appointment of Mr. Gopal Ajay Malpani w.e.f. 13 August 2026