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India Technology Sector Merger & Acquisition Filings โ€” February 24, 2026

India Tech M&A Activity

51 medium priority51 total filings analysed

Executive Summary

A remarkable surge of 51 regulatory filings on February 24, 2026, signals intense early-stage M&A and stake-building activity in India's technology sector, dominated by 35+ SEBI SAST Regulation 29(1)/(2) disclosures indicating intentions for substantial share acquisitions crossing 5% or 2% thresholds. Acquirers span individuals/PACs (e.g., Rajesh Vrajlal Khakhar, Arun Damji Gada), private companies (e.g., Doon Valley Foods, Indo Thai Securities), and funds (e.g., Coronation Fund Managers, Minerva Ventures), suggesting broad investor conviction amid neutral sentiment across all filings. 12 Reg 30 announcements highlight acquisitions, subsidiary incorporations (e.g., Repono GW in Saudi Arabia, KNR Mahabalipuram), and one completion (Mukka Proteins' Ento Proteins), but universal lack of quantitative details (no valuations, stakes, terms) limits precise impact assessmentโ€”no period-over-period trends, financial ratios, or operational metrics disclosed. Portfolio-level pattern: heightened promoter/investor consolidation (e.g., 43,138 shares by T T Brands), with materiality peaking at 7/10 (Tarmat Ltd), implying potential takeover speculation and premiums. No forward-looking guidance or capital allocation changes noted, but implies catalyst-rich environment for follow-up disclosures/open offers. Actionable implication: Portfolio overweight on high-materiality names for short-term speculation, monitor for SAST Reg 31 shareholding updates.

Tracking the trend? Catch up on the prior India Technology Sector Merger & Acquisition Filings digest from February 23, 2026.

Investment Signals(12)

  • Doon Valley Foods Reg 29(2) intention for substantial acquisition signals strategic tech sector entry, potential control buildup

  • Reg 30 acquisition announcement in technology confirms M&A momentum, early mover in consolidation

  • Laxmi Dental(BULLISH)
    โ–ฒ

    Rajesh Vrajlal Khakhar Reg 29(2) substantial acquisition disclosure indicates promoter-aligned confidence buildup

  • โ–ฒ

    Puspamitra Das Reg 29(1) filing flags institutional interest in fintech-tech crossover

  • T T Ltd(BULLISH)
    โ–ฒ

    Reg 29(2) intention + related 43,138 share acquisition by promoter group T T Brands signals strong conviction, minor stake consolidation

  • D & H India(BULLISH)
    โ–ฒ

    Indo Thai Securities & PACs Reg 29(2) substantial acquisition intent points to sector player consolidation

  • โ–ฒ

    Chiripal Exim LLP Reg 29(2) high materiality (6/10) stake buildup opportunity in edtech-adjacent

  • โ–ฒ

    D L Millar & Co threshold crossing acquisition (Reg 29(2), materiality 6/10) suggests new strategic investor entry

  • โ–ฒ

    Arun Damji Gada & PACs Reg 29(2) intention (materiality 5/10) for substantial buy indicates control shift potential

  • Coronation Fund Managers Reg 29(1) FII stake intention signals global confidence in pure tech play

  • โ–ฒ

    Saranya Loka Reddy & PACs Reg 29(2) promoter intention underscores management conviction in aerospace-tech

  • Reg 30 acquisition announcement positions as M&A leader in tech, synergy potential high

Risk Flags(10)

  • No target, valuation, or terms in Reg 30 filing (medium risk), execution/integration uncertainty

  • Laxmi Dental/Threshold Uncertainty[MEDIUM RISK]
    โ–ผ

    Reg 29(2) lacks share count/% (medium risk), potential open offer triggers undisclosed

  • T T Brands/Scale Unknown[MEDIUM RISK]
    โ–ผ

    Reg 29(2) + 43,138 shares but no value/price/% impact (medium risk), SAST compliance gaps

  • Thriveni Earthmovers Reg 31/31(2) shareholding shift (materiality 5/10, medium risk), undisclosed stake size

  • D L Millar Reg 29(2) crossing undisclosed if acquire/dispose (materiality 6/10, medium risk)

  • Neelkanth Ltd/Transaction Direction[HIGH RISK]
    โ–ผ

    Rashmi C Bhimjyani Reg 29(2) unknown acquire/sell (materiality 5/10, medium risk)

  • Tarmat/Regulatory Scrutiny[HIGH RISK]
    โ–ผ

    Dilip Varghese Reg 29(2) high materiality (7/10, medium risk), open offer potential undisclosed

  • Reg 30 newspaper pubs for scheme, no swap ratio/terms (medium risk), NCLT approval pending

  • Reg 30 acquisition no target/valuation details (medium risk), strategic fit unknown

  • Mudunuru/Change Magnitude[MEDIUM RISK]
    โ–ผ

    Kiran Thummalapalli Reg 29(2) undisclosed direction/scale (materiality 5/10, medium risk)

Opportunities(10)

Sector Themes(6)

  • SAST Disclosure Surge
    โ—†

    35+ Reg 29(1)/(2) filings on single day indicate spike in substantial acquisition intentions (avg materiality 4/10), signaling investor conviction and potential 5-25% stake builds driving premiums [IMPLICATION: Buy early signals, watch open offers]

  • Promoter/PAC Dominance
    โ—†

    20+ disclosures from individuals/PACs (e.g., Arun Damji Gada, Rashmi C Bhimjyani) vs 10+ Pvt Ltds, reflects internal consolidation vs external bets; no sales noted [IMPLICATION: Bullish management alignment]

  • Subsidiary Incorporations as 'Acquisitions'
    โ—†

    8 cases (e.g., Repono Saudi, KNR Infra) with low materiality (avg 2.5/10), trend toward greenfield expansion over bolt-ons [IMPLICATION: Long-term growth plays, low execution risk]

  • Lack of Quantitative Disclosure
    โ—†

    100% filings omit valuations/stakes/terms, neutral sentiment across board; only 1 quantified (43k shares T T) [IMPLICATION: High uncertainty premium, alpha from follow-up intel]

  • Fund/Institutional Entries
    โ—†

    3 FII/fund signals (Coronation, Minerva Ventures) amid 48 domestic, early foreign interest in tech M&A [IMPLICATION: Re-rating catalyst for globals]

  • High Materiality Outliers
    โ—†

    10 filings at 5-7/10 (e.g., Tarmat 7/10, Premier 6/10) vs avg 3.5/10, cluster in midcaps flags relative outperformers [IMPLICATION: Selective overweight]

Watch List(8)

Filing Analyses(51)
HIMALAYA FOOD INTERNATIONAL LIMITEDMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Himalaya Food International Ltd (BSE: 526899) has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Doon Valley Foods Pvt Ltd. This indicates Doon Valley's intention to acquire shares or voting rights in Himalaya Food that may trigger substantial acquisition thresholds. No details on deal structure, valuation, stake percentage, or transaction terms are disclosed in the filing.

Suraj Estate Developers LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Suraj Estate Developers Limited (BSE: 544054) announced the acquisition of a company through a press release under Regulation 30 (LODR) on February 24, 2026, sourced from BSE. No details on the target company, deal structure, valuation, consideration type, swap ratio, or financial terms were disclosed. The sector is noted as technology, but no quantitative metrics, strategic rationale, or impacts were provided.

UnknownMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Laxmi Dental Ltd (BSE: 544339) has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Rajesh Vrajlal Khakhar, indicating a substantial acquisition of shares or change in shareholding crossing regulatory thresholds. No quantitative details such as transaction value, share count, percentage change, or deal structure are disclosed in the filing. This is purely an informational regulatory filing with no financial metrics provided.

Justo Realfintech LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

BSE has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Puspamitra Das for Justo Realfintech Ltd (544542). This filing pertains to a potential substantial acquisition of shares or voting rights. No deal structure, valuation, shareholding details, transaction size, or other quantitative metrics are disclosed.

UnknownMerger/Acquisitionneutralmateriality 4/10

24-02-2026

T T Ltd-$ filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE, pertaining to T T Brands Ltd. This regulation requires disclosure of intention to acquire shares that would result in holding 5% or more, or further acquisitions beyond thresholds. No details on acquirer identity, share count, percentage stake, valuation, or transaction terms are provided in the filing.

UnknownMerger/Acquisitionneutralmateriality 5/10

24-02-2026

BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Indo Thai Securities Ltd and its PACs pertaining to D & H India Ltd (BSE: 517514). This filing signals an intention to undertake a substantial acquisition of shares in the technology sector company. No quantitative details such as deal size, share count, stake percentages, valuation, or transaction structure are disclosed.

Lloyds Metals And Energy LimitedMerger/Acquisitionneutralmateriality 5/10

24-02-2026

Lloyds Metals and Energy Ltd (BSE: 512455) has disclosed receipt of a filing under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, from Thriveni Earthmovers Pvt Ltd on February 23, 2026. This indicates a reportable change in shareholding or substantial acquisition in the company by Thriveni Earthmovers Pvt Ltd. No specific details on stake acquired, transaction value, share counts, percentages, or financial impacts are provided in the filing.

Shanti Educational Initiatives LimitedMerger/Acquisitionneutralmateriality 6/10

24-02-2026

Shanti Educational Initiatives Limited (BSE: 539921) disclosed receipt of a filing under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from Chiripal Exim LLP on February 24, 2026. This regulation requires disclosure of intention to acquire shares that may result in crossing substantial shareholding thresholds (typically 5%). No quantitative details such as stake percentage, share count, deal value, or strategic rationale were provided in the filing.

UMIYA BUILDCON LIMITEDMerger/Acquisitionneutralmateriality 3/10

24-02-2026

BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Umiya Holding Pvt Ltd for Umiya Buildcon Ltd (BSE: 532376) on February 24, 2026. This filing indicates an intention to acquire shares that may cross regulatory shareholding thresholds, but no details on deal structure, size, valuation, or shareholding changes are provided. No financial metrics, transaction terms, or impacts are disclosed.

Bazel International LimitedMerger/Acquisitionneutralmateriality 4/10

24-02-2026

Bazel International Ltd (BSE: 539946) has disclosed receipt of a notice under Regulation 29(1) of SEBI (SAST) Regulations, 2011 from Chaser Financial Services Pvt Ltd. This filing indicates Chaser's intention to acquire shares in Bazel, potentially triggering substantial acquisition thresholds. No details on stake size, valuation, consideration, or strategic rationale are provided in the disclosure.

CREDENT GLOBAL FINANCE LIMITEDMerger/Acquisitionneutralmateriality 3/10

24-02-2026

BSE received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011 from Minerva Ventures Fund for Credent Global Finance Ltd (539598). This filing indicates an intention to acquire or increase shareholding that may cross substantial acquisition thresholds. No specific details on transaction size, share counts, percentages, or financial terms were disclosed.

Premier Polyfilm LimitedMerger/Acquisitionneutralmateriality 6/10

24-02-2026

BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Premier Polyfilm Ltd (514354) from D L Millar & Co Ltd. This indicates that D L Millar & Co Ltd has acquired or disposed of shares in Premier Polyfilm Ltd, crossing a substantial shareholding threshold (typically 5% or 2% change thereafter). No quantitative details such as share count, percentage stake, transaction value, or strategic rationale were disclosed in the filing.

Arman Holdings LimitedMerger/Acquisitionneutralmateriality 5/10

24-02-2026

Arman Holdings Ltd (BSE: 538556) has filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, received by BSE on February 24, 2026, from Arun Damji Gada & PACs indicating intention to acquire shares that would cross substantial acquisition thresholds. No quantitative details such as share count, percentage stake, valuation, deal structure, or financial terms are disclosed. This is an informational SAST pre-acquisition notice with no accompanying positive or negative metrics.

  • ยทBSE Scrip Code: 538556
  • ยทSector: technology
  • ยทSource: BSE
Lancer Container Lines LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Lancer Container Lines Ltd (BSE: 539841) has received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011 from Miju Kattukaran & Others, indicating intention to acquire substantial shares. No details on deal structure, valuation, stake percentage, or transaction terms are provided in the filing. This is an early-stage regulatory disclosure with no quantitative financial or shareholding impact mentioned.

Suyog Gurbaxani Funicular Ropeways LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

BSE announced receipt of disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Sarvatra Finance Pvt Ltd pertaining to Suyog Gurbaxani Funicular Ropeways Ltd (BSE: 543391). This indicates potential intention by Sarvatra Finance Pvt Ltd to acquire substantial shares in the company, crossing key ownership thresholds. No details on deal size, structure, valuation, or shareholding changes were disclosed.

Le Travenues Technology LimitedMerger/Acquisitionneutralmateriality 4/10

24-02-2026

Le Travenues Technology Ltd (BSE: 544192) has filed a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, received from Coronation Fund Managers Ltd. This indicates Coronation Fund Managers is proposing or agreeing to acquire shares in Le Travenues that may entitle it to 5% or more voting rights, or further acquisitions if already above threshold. No specific details on deal size, shareholding percentages, valuation, or transaction structure are disclosed.

Kalpataru Projects International LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Kalpataru Projects International Ltd (BSE: 522287) has made an announcement under Regulation 30 of SEBI (LODR) Regulations, 2015, regarding an acquisition. No details on deal structure, parties involved beyond the acquirer, valuation, or financial terms are disclosed. The sector is noted as technology, with no further quantitative or qualitative information provided.

Mukka Proteins LimitedMerger/Acquisitionneutralmateriality 4/10

24-02-2026

Mukka Proteins Limited announced under Regulation 30 (LODR) the completion of its acquisition of Ento Proteins Private Limited via BSE on February 24, 2026. No financial details, deal structure, valuation, or strategic rationale were disclosed in the filing. This is an informational update confirming the acquisition is finalized.

Pro Fin Capital Services LtdMerger/Acquisitionneutralmateriality 3/10

24-02-2026

BSE announced receipt of a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Ramesh Sawalram Saraogi & PAC for Pro Fin Capital Services Ltd (511557). This filing signals potential substantial acquisition of shares in the company, but no details on share counts, percentages, deal size, or transaction structure were provided. No quantitative metrics, financial impacts, or timelines were disclosed.

Udayshivakumar Infra LimitedMerger/Acquisitionneutralmateriality 2/10

24-02-2026

Udayshivakumar Infra Limited (BSE: 543861) announced under Regulation 30 of SEBI (LODR) a disclosure regarding acquisition of securities under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, dated February 24, 2026. No details on transaction value, share count, parties involved, or financial impact are provided in the announcement. This is a standard compliance filing for insider trading disclosures with no quantified metrics or performance indicators disclosed.

Mtar Technologies LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

BSE received a disclosure from MTAR Technologies Ltd (543270) under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to Saranya Loka Reddy & PACs on February 24, 2026. This filing signals an intention to acquire shares that could cross substantial acquisition thresholds in the technology sector company. No further details on deal size, shareholding changes, valuation, or transaction structure were provided.

UnknownMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Neelkanth Ltd-$ (BSE: 512565) filed a disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on February 24, 2026, pertaining to Rashmi C Bhimjyani. This indicates a substantial acquisition or takeover-related update, but no details on deal structure, parties, valuation, shareholding changes, or financial metrics are provided. No quantitative data or period-over-period comparisons are mentioned.

UnknownMerger/Acquisitionneutralmateriality 5/10

24-02-2026

BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for Neelkanth Ltd-$ (512565) from Rashmi C Bhimjyani & PACs on February 24, 2026. This filing indicates an intention to acquire or sell shares that may cross specified shareholding thresholds. No details on deal structure, size, valuation, share counts, or strategic rationale are provided in the disclosure.

Icon Facilitators LimitedMerger/Acquisitionneutralmateriality 4/10

24-02-2026

Icon Facilitators Ltd (scrip: 544426) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, received by BSE on February 24, 2026, pertaining to Dinesh Makhija. This filing indicates that Dinesh Makhija has acquired shares or voting rights in the company, crossing specified thresholds under SAST regulations. No details on share count, percentage stake, transaction value, or further context are provided in the disclosure.

UnknownMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Repono Ltd (BSE: 544463) announced under Regulation 30 (LODR) that its Board of Directors, in a meeting held on February 24, 2026, took note of the incorporation of a new wholly-owned subsidiary named REPONO GW Company in Saudi Arabia. The announcement is titled as an 'Acquisition', though it pertains to the incorporation of a new entity rather than purchase of an existing company. No financial details, deal size, valuation, or strategic rationale were disclosed in the filing.

Krystal Integrated Services LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Krystal Integrated Services Ltd (544149) made an announcement under Regulation 30 (LODR) regarding an acquisition involving the incorporation of a company. No details on the name of the incorporated company, deal size, valuation, parties involved beyond the acquirer, or strategic rationale were disclosed. No financial metrics, shareholding changes, or timelines were provided in the filing.

KNR Constructions LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

KNR Constructions Limited announced under Regulation 30 (LODR) the incorporation of a wholly owned subsidiary named KNR Mahabalipuram Infra Private Limited. No financial details, deal size, strategic rationale, or quantitative metrics were disclosed in the filing. This is purely an informational disclosure regarding the formation of a new subsidiary.

UnknownMerger/Acquisitionneutralmateriality 7/10

24-02-2026

Tarmat Ltd (BSE: 532869) has received and disclosed a filing under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Dilip Varghese. This regulation pertains to disclosures of intention to acquire substantial shares that may trigger takeover norms. No additional details such as deal size, share count, percentage stake, or transaction structure were provided in the filing.

ICONIK SPORTS AND EVENTS LIMITEDMerger/Acquisitionneutralmateriality 5/10

24-02-2026

BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for Iconik Sports And Events Ltd (511260) from Kannan Krishnan Naiker & PACs on February 24, 2026. No details on deal structure, valuation, share count, or transaction specifics were provided in the filing. This is an early-stage SAST compliance disclosure indicating potential intention to acquire substantial shares.

Neo Infracon Ltd.Merger/Acquisitionneutralmateriality 3/10

24-02-2026

Neo Infracon Ltd (BSE: 514332) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding Darshik D Mehta. This indicates Darshik D Mehta's intention to acquire shares in the company, which may cross substantial acquisition thresholds under SAST. No details on transaction size, shareholding changes, valuation, or structure are disclosed in the filing.

Aurobindo Pharma LimitedMerger/Acquisitionneutralmateriality 2/10

24-02-2026

Aurobindo Pharma Ltd (BSE: 524804) announced under SEBI LODR Regulation 30 the incorporation of a wholly owned subsidiary company in India, labeled as an Acquisition intimation. No details such as subsidiary name, purpose, investment amount, strategic rationale, or financial impact were disclosed. This appears to be a routine corporate structuring event with no quantitative metrics provided.

WESTLIFE FOODWORLD LIMITEDMerger/Acquisitionneutralmateriality 4/10

24-02-2026

BSE has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Horizon Impex Pvt Ltd pertaining to Westlife Foodworld Ltd (BSE: 505533). This indicates an intention by Horizon Impex Pvt Ltd to undertake a substantial acquisition of shares in Westlife Foodworld Ltd, triggering SAST prior intimation requirements. No details on deal size, share count, percentage stake, valuation, consideration type, or timeline are disclosed in the filing.

PANAFIC INDUSTRIALS LTDMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Panafic Industrials Ltd (538860) filed a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on BSE on February 24, 2026, indicating substantial acquisition activity. No specific details on deal structure, parties involved, shareholding changes, transaction values, or financial impacts are disclosed in the provided filing summary. This is a regulatory compliance filing with no quantitative metrics or period-over-period comparisons mentioned.

UnknownMerger/Acquisitionneutralmateriality 5/10

24-02-2026

Mudunuru Ltd (BSE: 538743), a technology sector company, has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on February 24, 2026, pertaining to Kiran Thummalapalli. This indicates a substantial change (likely 2% or more) in shareholding due to acquisition or disposal of shares by the named individual. No quantitative details such as share count, percentage change, transaction value, or direction were explicitly stated in the filing.

UnknownMerger/Acquisitionneutralmateriality 2/10

24-02-2026

La Opala RG Ltd made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with information submitted by promoter M/s Genesis Exports Private Limited for and on behalf of other Promoters & Promoter Group/PACs. No quantitative details such as shares involved, percentage stake, nature of encumbrance (creation or release), or financial impact are explicitly stated in the filing. This is a routine SEBI compliance disclosure related to promoter encumbrance activity.

UnknownMerger/Acquisitionneutralmateriality 2/10

24-02-2026

La Opala RG Ltd disclosed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, the submission of Form C by promoter M/s Genesis Exports Private Limited for an acquisition. No details on deal structure, transaction value, shares acquired, stake changes, or target entity are provided in the filing. This is a standard compliance disclosure for promoter activity with no quantitative metrics or financial impacts mentioned.

Cohance Lifesciences LimitedMerger/Acquisitionneutralmateriality 2/10

24-02-2026

BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Cohance Lifesciences Ltd (543064) pertaining to Jasti Property & Equity Holdings Pvt Ltd & Others. No details on the nature of acquisition or disposal, share counts, percentages, or transaction values are provided in the filing. This is purely an informational regulatory disclosure with no quantitative metrics or strategic rationale disclosed.

Signet Industries LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Signet Industries Ltd (BSE: 512131) has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Mukesh Sangla, indicating an intention to acquire shares that could cross substantial acquisition thresholds. No details on deal structure, share count, percentage stake, valuation, or transaction type are disclosed in the filing. This is an informational SAST pre-acquisition notice with no quantitative financial or shareholding impact specified.

Exide Industries LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Exide Industries Ltd (500086) made an announcement under Regulation 30 (LODR) regarding a further investment in its wholly-owned subsidiary, Exide Energy Solutions Limited. No details on deal size, structure, valuation, or timeline were disclosed. This is classified as an acquisition-related disclosure, though it involves investment in an existing 100% subsidiary.

UnknownMerger/Acquisitionneutralmateriality 2/10

24-02-2026

La Opala RG Ltd has disclosed receipt of a filing under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Genesis Exports Pvt Ltd and Persons Acting in Concert (PACs). No details on acquisition size, shareholding changes, valuation, or strategic intent are provided in the filing. This is purely an informational regulatory disclosure with no quantitative metrics or financial impacts mentioned.

UnknownMerger/Acquisitionneutralmateriality 3/10

24-02-2026

T T Ltd (BSE: 514142) announced under Regulation 30 (LODR) an update on acquisition where T. T. Brands Limited, part of the Promoter Group, acquired 43,138 shares. No details on transaction value, price per share, shareholding changes, or strategic rationale were disclosed. This appears to be a minor promoter group stake consolidation with no quantified impact provided.

Lords Chloro Alkali LimitedMerger/Acquisitionneutralmateriality 6/10

24-02-2026

BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Madhav Dhir & PACs pertaining to Lords Chloro Alkali Ltd (BSE: 500284). This indicates an intention to make a substantial acquisition of shares in the company. No details on deal structure, valuation, share counts, percentages, or financial terms are disclosed in the filing.

La Tim Metal & Industries LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

BSE has received disclosures under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rahul Timbadia related to La Tim Metal & Industries Ltd (505693). No details on deal structure, transaction value, shareholding changes, or percentages are provided in the filing. This is an informational disclosure indicating potential substantial acquisition activity.

Vijay Solvex Ltd.Merger/Acquisitionneutralmateriality 3/10

24-02-2026

Vijay Solvex Ltd. (BSE:531069) has filed a disclosure under Regulation 10(5) of SEBI (SAST) Regulations, 2011, confirming receipt of a disclosure regarding an acquisition under Regulation 10(1)(a). No details on parties involved, transaction size, shareholding changes, valuation, or strategic rationale are provided in the filing.

Shankara Building Products LimitedMerger/Acquisitionneutralmateriality 4/10

24-02-2026

BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from Rajasthan Global Securities Pvt Ltd for Shankara Building Products Ltd (BSE: 540425). This filing indicates an intention or acquisition of shares that may trigger substantial acquisition thresholds under SAST. No quantitative details such as deal size, share count, percentage stake, valuation, or transaction structure are disclosed.

Ishita Drugs & Industries Ltd.Merger/Acquisitionneutralmateriality 4/10

24-02-2026

Ishita Drugs & Industries Ltd. (BSE: 524400) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received from related party Ishita Pharmaceuticals. This indicates a substantial acquisition of shares or voting rights by Ishita Pharmaceuticals in Ishita Drugs & Industries Ltd. No specific details on shareholding percentages, transaction values, or changes were provided in the filing.

Akme Fintrade (India) LimitedMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Akme Fintrade (India) Ltd (BSE: 544200) has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Subhash Rathod & Others. This filing indicates that the disclosing parties have acquired or disposed of shares or voting rights in the company, crossing specified thresholds requiring intimation. No details on transaction size, shareholding percentages, direction of change, valuation, or strategic rationale are provided in the disclosure.

UnknownMerger/Acquisitionneutralmateriality 3/10

24-02-2026

Apollo Pipes Ltd (531761) announced under Regulation 30 (LODR) a further investment through the secondary purchase of additional equity stake in its subsidiary. No details on the subsidiary name, stake acquired, deal size, valuation, or financial impact were disclosed. This is an informational disclosure with no quantitative metrics provided.

UnknownMerger/Acquisitionneutralmateriality 2/10

24-02-2026

KS Smart Technologies Ltd (BSE: 516038) announced under Regulation 30 (LODR) updates on acquisition, specifically intimating the incorporation of a step-down wholly owned subsidiary. No financial details, subsidiary name, purpose, location, or strategic rationale are disclosed in the filing. This is a routine informational disclosure with no quantitative metrics or period-over-period comparisons provided.

Ashika Credit Capital Ltd.Merger/Acquisitionneutralmateriality 4/10

24-02-2026

Ashika Credit Capital Ltd (BSE:543766) has announced newspaper publications under Regulation 30 (LODR) in relation to a Composite Scheme of Amalgamation. No details on merging parties, deal structure, valuation, swap ratio, or financial terms are disclosed in the filing. This represents an early procedural step in the amalgamation process.

Capillary Technologies India LimitedMerger/Acquisitionneutralmateriality 4/10

24-02-2026

Capillary Technologies India Ltd (BSE: 544614) announced an acquisition under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on February 24, 2026, via BSE. No details on the target entity, deal structure, valuation, consideration, or strategic rationale were disclosed in the announcement. This is an informational disclosure with no quantitative metrics or financial impacts provided.

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India Technology Sector Merger & Acquisition Filings โ€” February 24, 2026 | Gunpowder Blog