India Technology Sector Merger & Acquisition Filings — March 31, 2026

31-03-2026

The Board of E.I.D. Parry (India) Limited approved the closure of operations of its wholly owned subsidiary Parry Sugars Refinery India Private Limited (PSRIPL)'s refinery unit effective March 31, 2026, due to accumulated losses of Rs. 1,406 Crores as of March 31, 2025, and estimated liabilities of Rs. 998 crores including bank borrowings of Rs. 877 crores. The unit contributed 13.48% to the company's FY 2024-25 revenue of Rs. 4262.45 Crores but faced structural challenges leading to negative net worth of Rs. (672.17) Crores. To settle remaining obligations, the company approved equity investment up to Rs. 610 Crores and inter-corporate loan up to Rs. 130 Crores in PSRIPL, requiring provisions of Rs. 655 crores and impairment of Rs. 46 crores, though it has adequate funds.

• ·PSRIPL refinery established in 2006 as 2,000 TPD SEZ-based export-oriented unit at Vakalapudi Village, East Godavari, Kakinada.
• ·Reasons for closure include non-availability of natural gas, decline in white sugar premiums, high operating costs, accidents, demurrage charges, and geo-political challenges.
• ·Equity investment expected to be completed by May 31, 2026; no change in shareholding as PSRIPL remains wholly owned subsidiary.

31-03-2026

Prime Fresh Limited (scrip code: 540404) received allotment of 2,40,000 equity shares of Rs. 10 each at Rs. 119 per share from its subsidiary Florens Farming Private Limited on March 31, 2026, to finance development and expansion of agriculture and horticulture business. The subsidiary reported strong turnover growth from Rs. 897.79 Lakh in FY 2022-23 to Rs. 1350.50 Lakh in FY 2023-24 (+50.4% YoY) and Rs. 2164.48 Lakh in FY 2024-25 (+60.3% YoY), with no declines noted.

• ·Florens Farming Private Limited incorporated on 27.12.2016
• ·Transaction is a related party transaction at arm's length based on independent valuation
• ·No governmental or regulatory approvals required
• ·CIN: L51109GJ2007PLC050404; Scrip code: 540404

31-03-2026

Apollo Healthco Limited (AHL), a material unlisted subsidiary in which Apollo Hospitals Enterprise Limited holds a 78.88% equity stake, has acquired 100% (90,000 equity shares) of Apollo Consumer Products Limited (ACPL) for ₹9.00 Lakh at par value (INR 10 per share). ACPL, incorporated on March 11, 2026, is a newly formed entity yet to commence operations, targeting FMCG business including trading, distribution, and sale of consumer goods via retail, e-commerce, and D2C channels. The acquisition has no significant impact on the listed entity due to its small size.

• ·ACPL date of incorporation: March 11, 2026
• ·ACPL turnover: Not applicable (newly incorporated, yet to commence operations)
• ·No governmental or regulatory approvals required
• ·Transaction completed and at arm's length, falls within related party transactions

31-03-2026

OBCL Limited (formerly Orissa Bengal Carrier Ltd.) disclosed that Promoter and Managing Director Mr. Ravi Agrawal acquired equity shares through on-market transactions on March 27, 2026 (12,699 shares, 0.06% of paid-up equity capital) and March 30, 2026 (12,249 shares, 0.04% of paid-up equity capital), totaling approximately 24,948 shares or 0.10% of the company's paid-up equity capital. This disclosure complies with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. No other material financial impacts or changes were reported.

• ·Disclosure filed with BSE and NSE on March 31, 2026 under Scrip Code 541206, Trading Symbol OBCL, ISIN INE426Z01016.
• ·Ravi Agrawal's DIN: 01392652.

31-03-2026

Hi-Tech Pipes Limited's Board approved the acquisition of 100% stake in Sain Software Systems Private Limited for Rs. 25.77 Crore in cash, making it a wholly owned subsidiary to utilize its land and building for office premises and achieve operational synergy. The target entity has a net worth of Rs. 2.35 Crore but nil turnover for the last three fiscal years (FY 2024-25, 2023-24, 2022-23), indicating flat performance. The transaction is at arm's length, requires no regulatory approvals, and is expected to complete within 90 days.

• ·No governmental or regulatory approvals required.
• ·Cash consideration only.
• ·Target CIN: U72200DL2006PTC153932, incorporated 16/09/2006.
• ·Target registered office: A-455, Basement, Defence Colony, New Delhi, 110020.

31-03-2026

Refex Renewables & Infrastructure Limited, through its wholly-owned subsidiary Refex Sustainability Solutions Limited (RSSL), has completed the acquisition of 91.43% equity stake and control in Spectrum Renewable Energy Private Limited (SREPL) during FY26, in tranches of 26.07% on August 05, 2025, 45.98% on August 08, 2025, and 19.38% on March 30, 2026. RSSL intends to acquire the remaining 8.57% stake subject to compliance with the Share Purchase Agreement dated January 28, 2025 (effective February 11, 2025). SREPL operates in the generation of Compressed Bio-Gas (CBG) and organic manure from biodegradable wastes at Warananagar, Kolhapur.

• ·Disclosure under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026.
• ·Previous announcement dated February 12, 2025.
• ·Share Purchase Agreement dated January 28, 2025, effective February 11, 2025.
• ·SREPL business location: Warananagar, Kolhapur.

31-03-2026

Windsor Machines Limited announced the effectiveness of the Scheme of Amalgamation of its wholly owned subsidiary Global CNC Private Limited with itself, effective from March 31, 2026, after filing the NCLT Ahmedabad order dated March 19, 2026 with the ROC, with an Appointed Date of April 1, 2025. The scheme streamlines the group structure, consolidates assets and liabilities for operational synergies, enhanced efficiency, cost savings, and long-term growth benefiting stakeholders. The company's Memorandum of Association has been amended for main object clause and authorized share capital.

• ·Appointed Date: 01.04.2025
• ·NCLT Order Date: 19.03.2026
• ·Face value of equity shares: Rs. 2/- (Transferee Company), Rs. 10/- (Transferor Company)
• ·CINs: Windsor Machines Limited (L99999GJ1963PLC168458), Global CNC Private Limited (U29200GJ2021PTC122661)

31-03-2026

Mukka Proteins Limited completed the acquisition of 2,000 equity shares (face value Rs.100 each) in Haris Marine Products Private Limited (HMPPL) for Rs. 19,64,000 on March 30, 2026, making HMPPL its Wholly Owned Subsidiary as part of strategic plans to expand its core business in fish meal and fish oil manufacturing and export. HMPPL, incorporated on October 30, 2019, reported Nil turnover for FY 2024 and FY 2025 after Rs. 50,95,31,673 in FY 2023, though PAT was Rs. 2,24,01,700 for FY 2024-25. The transaction was at arm's length with promoters interested via directorship.

• ·HMPPL is a related party (prior subsidiary) with promoter interest via directorship; transaction at arm's length.
• ·No governmental or regulatory approvals required.
• ·Prior intimations: February 12, 2026 and March 25, 2026.

31-03-2026

Adani Enterprises Limited announced the incorporation of a new step-down wholly owned subsidiary, ADANI METALS AND MINERALS FZCO (AMAMF), by its UAE-based step-down subsidiary Adani Global FZE on March 31, 2026. AMAMF is engaged in trading pearls, precious stones, jewelry, non-manufactured precious metals, scrap and waste metals, metal ores, and base non-ferrous metals, with 100% shareholding held by Adani Global FZE. The entity was incorporated with a capital of AED 50,000 via cash consideration at face value.

• ·Confirmation of incorporation received on March 31, 2026 at 02:28 PM IST
• ·No governmental or regulatory approvals required for incorporation
• ·Shares subscribed at face value of Rs. 10 each via cash consideration

31-03-2026

IndusInd Bank Limited's promoters, IndusInd International Holdings Limited (IIHL) and IndusInd Limited (IL), have created pledges on 22,288,989 shares (2.86% of total share capital) and 27,978,546 shares (3.59%), respectively, effective March 27, 2026, in favor of Catalyst Trusteeship Limited as Onshore Security Agent. The pledges secure refinancing of existing indebtedness amounting to ₹30,600,000,000, with the market value of pledged shares at ₹40,214,028,000 (security cover ratio 1.31:1). Total promoter shareholding stands at 117,516,010 shares (15.08%), with the pledge representing 50% or more of promoter shareholding but less than 20% of total share capital.

• ·Pledge creation date: March 27, 2026
• ·Disclosure received via email dated March 31, 2026
• ·Encumbrance in favor of Catalyst Trusteeship Limited as Onshore Security Agent
• ·End use: refinancing of existing indebtedness
• ·Pledge constitutes 50% or more of promoter shareholding but not 20% or more of total share capital

31-03-2026

Emami Limited's Board approved the purchase of ~73.5% stake in associate Axiom Ayurveda Private Limited (AAPL) for aggregate consideration of up to ₹200 Crores, increasing its holding from ~26.5% to 100% and making AAPL a wholly-owned subsidiary by June 30, 2026. AAPL, an FMCG healthy beverages company founded in 2019, reported consolidated turnover of ₹110 Cr in FY 2024-25, a slight 2.8% increase from ₹107 Cr in FY 2023-24 but a 17.1% decline from ₹129 Cr in FY 2022-23. The transaction is at arm's length with no promoter interests beyond the existing association.

• ·AAPL CIN: U24304HR2019PTC083572
• ·AAPL incorporated on November 14, 2019 in Haryana, India
• ·AAPL registered office: Ward no. 15, Rampur Sarsehri Road, Ambala Cantt, Haryana – 133006
• ·Personal care contributes ~15-20% of AAPL's own branded business
• ·Transaction not a related party transaction; no governmental approvals required

31-03-2026

Eris Lifesciences Limited has completed the acquisition of the Probiotics Business of Velbiom Probiotics Private Limited, as referenced in their earlier intimation dated March 20, 2026. The transaction achieved closure as of March 31, 2026. This update was communicated to BSE Limited and National Stock Exchange of India Limited.

• ·Security Code: 540596, Symbol: ERIS
• ·Intimation reference date: March 20, 2026

31-03-2026

Astonea Labs Limited has completed the acquisition of approximately 25.74% equity stake (52,00,000 shares) in Damaira Pharmaceuticals Private Limited for an aggregate consideration of INR 6.25 Crores at INR 12.02 per share, utilizing varied IPO proceeds following board and shareholder approvals. The target company, engaged in pharmaceuticals, reported turnover of INR 82.48 crore in FY 2024-25, significantly up from INR 25.16 crore in FY 2023-24 and NIL in FY 2022-23. The strategic investment aims to expand footprint, create synergies, and add long-term value in the pharmaceutical sector.

• ·Board approval for acquisition: December 03, 2025
• ·Shareholder approval at AGM: December 27, 2025 (up to 33.33%)
• ·IPO objects variation approved by Board: February 27, 2026
• ·Shareholder approval for IPO variation: March 27, 2026
• ·Valuation report date: March 11, 2026 (NAV method)
• ·Face value per share: INR 10/-; premium: INR 2.02/-
• ·Damaira incorporation date: 29/07/2020
• ·Transaction on arm’s length basis; no related party involvement

31-03-2026

Aten Papers & Foam Limited's Board approved the acquisition of 2,74,000 equity shares (27.40% stake) in M/s. Aten Paper Mill Limited for Rs. 11.78 Crores cash consideration via a Share Purchase Agreement. The target, a kraft paper manufacturer, reported FY 2024-25 turnover of Rs. 1,77,65,22,082.80 (up ~49% YoY from Rs. 1,19,45,41,299.10 in FY 2023-24) and net profit of Rs. 10,66,63,457.66. The transaction is a related party deal involving promoter Managing Director Mr. Mohamedarif Mohamedibrahim Lakhani, conducted at arm's length, aimed at expansion and synergies.

• ·Share Purchase Agreement subject to customary conditions precedent and requisite approvals.
• ·No governmental or regulatory approvals specifically required.
• ·Indicative completion timeframe as per SPA terms.
• ·Target incorporated in 2020, CIN: U21099GJ2020PLC115735.

31-03-2026

Hatsun Agro Product Limited has completed the Scheme of Amalgamation with Milk Mantra Dairy Private Limited, following the National Company Law Tribunal, Cuttack Bench order dated March 10, 2026, with the order filed with the Registrar of Companies on March 31, 2026. The scheme's Effective Date and Appointed Date is April 1, 2025, merging the transferor company into the transferee. Consequently, the company's authorized share capital increased to Rs.49,50,00,000 divided into 42,50,00,000 equity shares of Re.1 each and 7,00,000 preference shares of Rs.100 each.

• ·Stock codes: BSE 531531, NSE HATSUN
• ·Previous intimations: April 28, 2025; May 23, 2025; September 27, 2025; March 11, 2026
• ·NCLT: Cuttack Bench

31-03-2026

Valencia Nutrition Limited acquired 90,00,000 equity shares of ₹10 each in its wholly owned subsidiary, Valencia Beverages & Superwater Private Limited, for a cash consideration of ₹9,00,00,000 at par to simplify corporate structure and enhance operational control. The acquisition achieves 100% shareholding with no change in ownership or significant business risk impact. However, the target's turnover sharply declined to ₹17,49,537 in FY 2024-25 (93% YoY drop from ₹2,59,19,555 in FY 2023-24), following a 64% decline from ₹7,23,91,746 in FY 2022-23.

• ·Target incorporated on June 24, 2025, upon conversion of Zion Beverages partnership firm.
• ·Industry: Food & Beverages; operations in India.
• ·Transaction exempt from related party provisions as between holding company and WOS; at arm's length.
• ·Scrip Code: 542910; ISIN: INE08RT01016.

31-03-2026

Lumax Auto Technologies Limited announced that the Scheme of Amalgamation between Lumax Ancillary Limited (Transferor Company) and Lumax Auto Technologies Limited (Transferee Company) has become effective from March 31, 2026, after filing the certified true copy of the Hon’ble NCLT, New Delhi Bench order with the Registrar of Companies via Form INC-28. The scheme, with an Appointed date of April 01, 2024, was previously sanctioned by the NCLT as informed on March 13, 2026. No financial impacts or performance metrics were disclosed in this intimation.

• ·ICSI Membership No. of signatory: A28161
• ·Regulatory reference: Regulation 30 of SEBI (LODR) Regulations, 2015
• ·Security Code: 532796; Symbol: LUMAXTECH

31-03-2026

KS Smart Technologies Limited (formerly Soma Papers and Industries Limited) made a further investment in its wholly owned subsidiary, KS Smart Solutions Private Limited (KSSPL), by acquiring 9,700 equity shares of ₹10 each at a premium of ₹48,150 per share on March 31, 2026, to support strategic expansion in the technology and IT sector. KSSPL demonstrated robust growth with standalone turnover reaching ₹69,655.55 Lakh in FY 2024-25, up 220.3% YoY from ₹21,748.98 Lakh in FY 2023-24, which itself grew 243.2% from ₹6,337.34 Lakh in FY 2022-23; consolidated turnover for FY 2024-25 was ₹69,657.99 Lakh.

• ·No governmental or regulatory approvals required for the acquisition.
• ·No interest from promoters/promoter group/group companies in the entity.
• ·Cash consideration for the acquisition.
• ·KSSPL remains wholly owned subsidiary post-acquisition.
• ·Earlier related intimations dated August 07, 2025; October 06, 2025; November 11, 2025.

31-03-2026

Meghmani Organics Limited announced on March 31, 2026, that a Board of Directors meeting will be held on April 4, 2026, to consider, review, and approve the Scheme of Amalgamation. The notice was addressed to National Stock Exchange of India Limited and BSE Limited. No financial details or performance metrics were disclosed in the filing.

• ·Symbol: MOL
• ·Scrip Code: 543331
• ·Ref: MOL/2025-26/75
• ·ICSI Mem. No.: A14898

31-03-2026

GEM Enviro Management Limited has delayed the acquisition of up to 26% stake in Solluz Energy Private Limited from the original expected completion date of March 31, 2026, to on or before June 30, 2026, due to operational difficulties. This update follows their earlier announcement on December 26, 2025, under Regulation 30 of SEBI LODR. No financial details or progress on the deal were provided.

• ·Scrip Code: 544199
• ·Solluz Energy CIN: U52100DL2015PTC277648
• ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

31-03-2026

DOMS Industries Limited completed the acquisition of an additional 6.5% stake in its subsidiary Pioneer Stationery Private Limited by purchasing 3,900 equity shares from existing shareholders for a total consideration of ₹5,53,80,000. This increases the Company's shareholding in Pioneer from 57.5% to 64.0% of its total paid-up equity share capital. The transaction was completed on March 31, 2026, pursuant to prior board approval.

• ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
• ·Reference No.: DOMS/SE/25-26/93
• ·Continuation of letter dated December 29, 2025
• ·BSE Scrip Code: 544045; NSE Symbol: DOMS

31-03-2026

MIG (Bandra) Realtors Private Limited, a wholly owned subsidiary of Valor Estate Limited, entered into transaction documents on March 30, 2026, with Adani Goodhomes Private Limited to acquire 100% equity share capital of Radius Estates and Developers Private Limited for an aggregate cash consideration of ₹383 crore. Radius Estates, engaged in real estate development, reported turnover of ₹157.55 crore in FY 2024-25, up dramatically from ₹0.31 crore in FY 2023-24 and nil in FY 2022-23, with authorised capital of ₹3,500 crore and paid-up capital of ₹22.055 crore. The acquisition, which aligns with the company's real estate business to consolidate ownership, is subject to conditions including release of pledged shares and is expected to complete by December 2027.

• ·Radius Estates incorporated on July 19, 2014
• ·No related party transaction; promoters have no interest in target
• ·No separate governmental approvals required beyond contractual and statutory compliances
• ·Indicative completion timeline up to December 2027, subject to release of pledged shares and other conditions

31-03-2026

Cargotrans Maritime Limited's Board approved the incorporation of a Wholly Owned Subsidiary named CML INVESTMENTS PRIVATE LIMITED on March 31, 2026, with a paid-up capital of INR 100,000 comprising 10,000 equity shares of Rs 10 each. The subsidiary will focus on real estate, securities, and investment trading to diversify the company's portfolio and mitigate shipping sector risks. No financial performance metrics or period comparisons are provided as the entity is yet to be incorporated.

• ·Subsidiary industry: Real Estate, Securities & Investment Trading.
• ·Board meeting: March 31, 2026, from 11:00 AM to 11:30 AM.
• ·Post-incorporation: Entity will be a related party; promoters/promoter group interest via shareholding in parent company.
• ·Consideration: Cash subscription of equity shares at arm's length.

31-03-2026

Asian Paints Limited announced that the Scheme of Amalgamation of its wholly owned subsidiary, Asian Paints (Polymers) Private Limited (Transferor Company), with the Company (Transferee Company) has become effective on March 31, 2026, following the filing of the certified true copy of the National Company Law Tribunal, Mumbai Bench sanctioned order with the Registrar of Companies, Mumbai. The Transferor Company stands dissolved without winding up as of the effective date. This update follows the prior intimation dated March 10, 2026, regarding the NCLT sanction.

• ·Previous letter reference: APL/SEC/57/2025-26/28 dated 10th March 2026
• ·Security Code: 500820
• ·Symbol: ASIANPAINT

31-03-2026

Anita Rai, Promoter and Whole Time Director of Kross Limited, acquired 30,000 equity shares representing 0.05% of the total issued and paid-up share capital through the open market on 30.03.2026, increasing her shareholding from 1,18,72,170 shares (18.40%) to 1,19,02,170 shares (18.45%). This disclosure is pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011. No declines or flat metrics reported in the shareholding.

• ·Total diluted share/voting capital after acquisition: 6,45,09,422 equity shares of INR 5 each
• ·Mode of acquisition: Open market
• ·Disclosure dated: 31.03.2026

31-03-2026

MAS Financial Services Limited acquired 12,67,170 equity shares, representing 1.20% of total equity share capital, in its subsidiary MAS Rural Housing & Mortgage Finance Limited (MRHMFL) via rights issue on March 31, 2026, investing exactly Rs.24,99,99,969. The investment supports MRHMFL's working capital and business expansion in housing finance. MRHMFL's turnover grew from ₹43.11 Crore in FY2022-23 to ₹62.00 Crore in FY2023-24 (+43.8% YoY) and ₹78.77 Crore in FY2024-25 (+27.0% YoY), with ₹7,243.73 Lakhs turnover and ₹875.66 Lakhs net profit as of December 31, 2025.

• ·Shares allotted at face value of Rs. 10 each at a premium of Rs. 187.29 per share.
• ·Transaction approved by Audit Committee and Board on January 28, 2026; compliant with Companies Act 2013 and SEBI regulations.
• ·MRHMFL incorporated on July 24, 2007; focuses on housing finance for middle and lower income segments in semi-urban/rural India.

31-03-2026

Adani Energy Solutions Limited executed a Share Purchase Agreement on March 30, 2026, with PFC Consulting Limited to acquire 100% equity shares of South Kalamb Power Transmission Limited (SKPTL) at a face value of Rs. 10 per share. SKPTL, with authorized and paid-up share capital of Rs. 1 Lakh each, operates in the electric utilities transmission sector and strengthens South Kalamb’s evacuation capability by upgrading the 765/400 kV network for reliable power supply to Mumbai and readiness for 6 GW ±800 kV HVDC renewable injection. The acquisition aligns with AESL’s inorganic growth strategy and has been completed without related party transactions or required governmental approvals.

• ·SKPTL incorporated on September 30, 2025, in India.
• ·Turnover of SKPTL: Not applicable.
• ·No related party transaction; conducted at arm’s length.
• ·SEBI Circular reference: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

31-03-2026

Shivalik Bimetal Controls Limited announced that its Promoter & Promoter Group acquired 241,000 equity shares (0.42% of equity share capital) through open market purchases on March 27 and 30, 2026. The acquisitions were made by Mr. Kabir Ghumman (86,750 shares), Mr. Sumer Ghumman (86,750 shares), and Sirmaur Hospitality Pvt. Ltd. (67,500 shares), signaling strong confidence in the company's long-term prospects as stated by Managing Director Mr. Kabir Ghumman.

• ·Company founded in 1984, headquartered in New Delhi, with plants in Chambhaghat and Kather, Solan.
• ·Disclosures made in accordance with regulatory requirements.
• ·Press release also uploaded to company website www.shivalikbimetals.com.

31-03-2026

Marathon Nextgen Realty Limited (MNRL) has received an Observation Letter dated March 30, 2026, from the National Stock Exchange of India (NSE) with 'no adverse observations' for the Composite Scheme of Amalgamation and Arrangement involving Matrix Water Management Private Limited (MWMPL), Sanvo Resorts Private Limited (SRPL), Marathon Realty Private Limited (MRPL), Matrix Enclaves Projects Developments Private Limited (MEPDPL), Matrix Land Hub Private Limited (MLHPL), MNRL (Resulting Company 1/Transferee), and Marathon Energy Private Limited (MEPL, Resulting Company 2). This follows a similar letter from BSE on March 26, 2026, enabling MNRL to proceed with filing the scheme before the NCLT. The scheme remains subject to approvals from shareholders, creditors, and other regulatory bodies, with NSE stipulating various disclosure and compliance requirements including shareholding changes, valuation reports, and financial details.

• ·NSE Observation Letter reference: NSE/LIST/48217, valid for six months from March 30, 2026, for NCLT filing.
• ·Letter to be disclosed on company website: https://marathon.in/nextgen/ within 24 hours.
• ·SEBI comments include requirements for disclosures on promoter shareholding increase pre- and post-scheme, valuation reports, financials for last 3 years, and NOCs from lenders.

31-03-2026

Sainik Finance & Industries Limited disclosed an inter-se transfer of 2503982 equity shares (23.01% of total share capital) among promoters and promoter group via off-market transaction on March 30, 2026, with no change in aggregate promoter/promoter group shareholding. Sarvesh Sindhu (promoter group) acquired 671067 shares (6.17%), increasing holding from 249232 shares (2.29%) to 920299 shares (8.46%); Saurabh Sindhu (promoter group) acquired 172107 shares (1.58%), increasing from 41666 shares (0.38%) to 213773 shares (1.96%). Both acquisitions were from Kuldeep Singh Solanki, a promoter and director.

• ·ISIN: INE584B01013; Scrip Code: 530265
• ·Transaction mode: Off market / Inter-se transfer
• ·Disclosure filed on March 31, 2026
• ·No trading in derivatives reported (NIL)

31-03-2026

Kalyani Steels Limited has completed the acquisition of 1,034,453 equity shares in Clean Renewable Energy KK 1B Private Limited (SPV of Hero Rooftop Energy Private Limited), representing 4.85% of its paid-up equity capital. The shares, with a face value of ₹10 each, were acquired at a premium of ₹18.37 per share. This update follows the company's earlier intimation dated March 27, 2026.

• ·Filing reference: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• ·Scrip Code: 500235 (BSE); Scrip Symbol: KSL (NSE)

31-03-2026

Zaggle Prepaid Ocean Services Limited has completed the acquisition of 100% equity stake, comprising 67,813 equity shares of face value ₹10 each, in Rivpe Technology Private Limited (RTPL), making RTPL a wholly owned subsidiary effective March 30, 2026. As a result, Omnicash Fintech Private Limited, a wholly owned subsidiary of RTPL, has become a step-down wholly owned subsidiary of Zaggle. The company is currently in the process of acquiring Compulsory Convertible Preference Shares (CCPS) from existing holders as per the Share Purchase Agreement dated December 05, 2025.

• ·Filing references: Intimation No. ZAGGLE/25-26/38 dated July 29, 2025; Intimation No. ZAGGLE/25-26/121 dated December 04, 2025
• ·Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
• ·Company symbols: ZAGGLE (NSE), Scrip Code 543985 (BSE)

31-03-2026

Vascon Engineers Limited acquired a 100% stake (10,200 equity shares of Rs.10 each) in Kanchi Properties Private Limited for Rs.102,000 on March 31, 2026, making it a wholly owned subsidiary. Kanchi, engaged in buying and selling tenanted properties in the construction industry, has a net worth of Rs.33,85,140 and reported turnover of Rs.27,24,000 in FY2024-25, significantly up from flat Rs.12,000 in both FY2023-24 and FY2022-23. The transaction is a related party deal conducted at arm's length with no interest from promoters or promoter group.

• ·Kanchi incorporated on August 14, 1996, in India under Registrar of Companies, Pune.
• ·No governmental or regulatory approvals required for the acquisition.
• ·Acquisition completed on 31-03-2026.