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India Technology Sector Merger & Acquisition Filings — April 06, 2026

India Tech M&A Activity

1 high priority49 medium priority50 total filings analysed

Executive Summary

Across 50 filings in India Tech M&A Activity stream (dated April 6, 2026), overarching themes reveal limited pure tech M&A but strategic acquisitions in adjacent areas like IT services (Wipro-Mindsprint), battery/mining synergies (Midwest Gold), and laminates (Greenlam Indonesia), amid a flood of routine SEBI SAST Reg 31(4) disclosures confirming stable promoter holdings with no new encumbrances in 40+ companies. Period-over-period trends show mixed target growth: Mindsprint revenues slowed to 3.9% YoY CY25 (from 9.8% CY24), PT Greenlam turnover surged 54.6% YoY FY25 but followed 28.9% decline prior year. Insider activity leans positive with promoter stake increases (e.g., Pondy Oxides +6.91% transmission) and pledge releases (Choice Intl -0.48%, Paisalo Digital -0.44%), offset by minor sales (Prestige FII -0.077%, Gagan Gases promoter -0.25%). Capital allocation favors M&A integration over dividends/buybacks; sentiment positive in 6/50 high-materiality deals. Portfolio-level patterns indicate promoter conviction via stability/deleveraging, with catalysts like Wipro closure by June 30 creating near-term alpha. Market implications: Bullish for acquirers expanding domains (IT/agri, EV batteries), watch regulatory hurdles in cross-border deals.

Tracking the trend? Catch up on the prior India Technology Sector Merger & Acquisition Filings digest from April 01, 2026.

Investment Signals(12)

  • Acquired 100% Mindsprint (US$375M, IT services with 3,200 employees, revenues USD135.6M CY25 +3.9% YoY from USD118.9M CY23), part of USD1B+ Olam deal; positive sentiment, closure by June 30

  • Promoter MD Ashish Bansal acquired 6.91% (21L shares via transmission), holding up to 22.11%; no encumbrances

  • NCLT-approved merger of 100% sub MEPL (battery packs, FY25 turnover ₹46L) with MGL (minerals, FY25 ₹44.64Cr); synergistic no-cash deal

  • Promoter Shree Shakambhari released pledge on 0.48% (10.6L shares), total promoter encumbrance down to 6.47% from 6.95%

  • Promoter group Equilibrated released pledge on 0.44% (40L shares), encumbrance down to 8.24% from 8.68%; others at zero

  • Promoter Lend Lease acquired 11.54% (11.6L shares at Rs75 via rights issue), stake to 16.46%; exempt from open offer

  • Acquired 76.24% (8.94L shares) in Orange Koi Pvt Ltd, now wholly-owned sub; Reg30 disclosure

  • Board approved proposal to acquire 51% (1.02L shares) in Devanshi Tradables (import-export, inc. Sep2025); arm's length RPT pending valuation

  • NCLT Mumbai approved amalgamation with Kirti Investments; order awaited, strategic under Companies Act

  • Wholly-owned subs acquired remaining 33% in PT Greenlam Indo (turnover +54.6% YoY FY25 to IDR13B); full control

  • GIC/GOS/MAS sold 0.077% (3.3L shares), aggregate stake down to 2.941% from 3.018%

  • Promoter group Ankit Vij sold 0.25% (11k shares open market), holding to 0.12%

Risk Flags(8)

Opportunities(9)

Sector Themes(6)

  • Promoter Stability Dominance

    40/50 filings (80%) are Reg31(4) nil encumbrance disclosures (e.g., Banaras Beads 58.48%, Abhinav Capital 73.49%, Sungold 57.87%); implies high management conviction, low takeover risk across small/midcaps [POSITIVE IMPLICATION: Prefer high-promoter stocks for stability]

  • Pledge Deleveraging Trend

    2/50 releases (Choice Intl -0.48% to 6.47%, Paisalo -0.44% to 8.24%) vs 3 new (Mangalam +1.23%, India Homes +0.2%); net positive for NBFC/finance, signals improving liquidity [BULLISH: Watch for further releases as buy signal]

  • Strategic Sub Acquisitions/Mergers

    6 high-materiality deals (Wipro IT/agri, Midwest battery/mining, Greenlam Indo +54.6% YoY turnover, Tube 76%, Neptune 51% proposed); targets show volatile growth (Mindsprint slowing 3.9% YoY) but domain expansion [OPPORTUNITY: Acquirers undervalued for synergies]

  • Minor Insider Sales in Diversified

    5 sales/transmissions (Prestige FII -0.077%, Gagan -0.25%, Padam -1.08%); low volume (<1% each) but clustered Apr1-6; neutral in non-tech [CAUTION: Monitor for sector rotation]

  • Cross-Border/Regulated Deals

    Wipro pending Saudi/Aus anti-trust, Greenlam Indo full control; highlights M&A execution risks in food/IT [RISK: Delay alpha erosion]

  • NBFC/Finance Promoter Activity

    Prominent pledges/releases (Paisalo, Choice, Mangalam, Nexome +11.54%); 20% holdings avg, deleveraging > pledging [BULLISH: Sector turnaround play]

Watch List(8)

Filing Analyses(50)
Wipro LimitedCompany Updatepositivemateriality 9/10

06-04-2026

Wipro has signed a definitive agreement on April 5, 2026, to acquire 100% of Mindsprint Pte. Ltd. and subsidiaries for a purchase consideration of US$375 Million, subject to closing adjustments, as part of an 8-year strategic transformation deal with Olam Group expected to exceed USD 1 Billion with USD 800 Million committed spend. Mindsprint, Olam's IT services arm with 3,200+ employees, reported consolidated revenues growing from USD 118.9 Mn in CY23 to USD 135.6 Mn in CY25; however, YoY growth slowed to 3.9% in CY25 from 9.8% in CY24. The transaction is expected to complete by June 30, 2026, pending anti-trust approvals in Saudi Arabia and Australia.

  • ·Mindsprint founded in 2007, headquartered in Singapore, with presence in India, Singapore, US, UK, and Middle East.
  • ·Government approvals required: Anti-trust under competition laws of Saudi Arabia and Australia.
  • ·Mindsprint specializes in Food and Agri-business domain, supply chain transformation, and proprietary IP-driven solutions.
Pondy Oxides & Chemicals LimitedMerger/Acquisitionpositivemateriality 8/10

06-04-2026

Pondy Oxides and Chemicals Limited disclosed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, that Promoter and Managing Director Mr. Ashish Bansal acquired 21,07,244 equity shares (6.91% of total equity share capital) via transmission on April 1, 2026, increasing his holding from 46,38,900 shares (15.20%) to 67,46,144 shares (22.11%). No changes in encumbrances, pledges, or convertible securities were reported. The total equity share capital remains unchanged at ₹15,25,56,395, comprising 3,05,11,279 equity shares of ₹5 each.

  • ·Disclosure filed on April 6, 2026, to NSE and BSE.
  • ·Mode of acquisition: Transmission of shares.
  • ·No shares in encumbrance (pledge/lien/non-disposal undertaking).
  • ·No warrants, convertible securities, or other voting rights instruments.
Banaras Beads LimitedMerger/Acquisitionneutralmateriality 4/10

06-04-2026

Banaras Beads Limited disclosed annual promoter shareholdings as of March 31, 2026, pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. Promoters and groups collectively hold 3,858,375 shares, representing 58.48% of total diluted share/voting capital. No individual shareholder holds more than 25%.

  • ·Disclosure filed with BSE (Scrip Code: 526849) and NSE (BANARBEADS).
  • ·Pursuant to Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.
Gagan Gases Ltd.Merger/Acquisitionneutralmateriality 3/10

06-04-2026

Gagan Gases Ltd. disclosed intimation from Promoter Group member Mr. Ankit Vij regarding the sale of 11,265 equity shares (0.25% of paid-up share capital) via open market on April 6, 2026, reducing his holding from 16,875 shares (0.3%) to 5,610 shares (0.12%). The company's total paid-up equity share capital remains unchanged at 45,18,500 shares of Rs. 10 each. No other changes in encumbrances, warrants, or convertible securities were reported.

  • ·Transaction mode: Open market
  • ·Disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011
  • ·No shares encumbered, warrants, or convertible securities involved
Prestige Estates Projects LimitedMerger/Acquisitionnegativemateriality 7/10

06-04-2026

GIC Private Limited, acting for Government of Singapore (GOS), Monetary Authority of Singapore (MAS), and Gamnat Pte Ltd, disclosed a sale of 329,563 equity shares (0.077%) in Prestige Estates Projects Limited on April 2, 2026, reducing their aggregate stake from 3.018% to 2.941%. While Gamnat's holding remained flat at 2.271%, GOS's stake declined from 0.515% to 0.445% and MAS's from 0.232% to 0.225%. This follows unreported sales since their prior disclosure of 5.013% on March 24, 2025.

  • ·Disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
  • ·No shares encumbered, no warrants/convertible securities held before or after
  • ·Mode of acquisition/sale not specified beyond triggering disclosure
  • ·Previous non-reportable sales in multiple tranches since quarter ended 31 December 2024
Hisar Metal Industries LimitedMerger/Acquisitionneutralmateriality 7/10

06-04-2026

Hisar Metal Industries Limited disclosed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, shareholding details from promoter Shri Abhiram Tayal as on March 31, 2026. Abhiram Tayal holds 4,60,330 equity shares representing 8.520%, while the entire promoter group holds 33,05,025 equity shares or 67.20%. The promoter confirmed that none of the shares have been encumbered, directly or indirectly, during the financial year ended March 31, 2026.

  • ·Disclosure dated April 4, 2026, and filed on April 6, 2026
  • ·No encumbrance of promoter shares during FY ended March 31, 2026
Banaras Beads LimitedMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Banaras Beads Limited filed a disclosure of promoter shareholding details as required under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the year ended March 31, 2026. The notice was submitted to BSE Limited (Scrip Code: 526849) and NSE (Symbol: BANARBEADS) on April 6, 2026, by Company Secretary Ramesh Kumar Singh (FCS-4071). No specific shareholding changes or quantitative details were provided in the filing notice.

Valecha Engineering Ltd-$Merger/Acquisitionneutralmateriality 6/10

06-04-2026

Valecha Engineering Limited disclosed annual shareholding details from Promoters and Persons Acting in Concert (PAC) under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as of March 31, 2026. J K Solutions Private Limited holds 1,14,90,313 shares (51%), and Aether Perspectives LLP holds 9,13,211 shares (44%), totaling 2,14,03,524 shares (95%) with zero encumbered shares. No changes or comparisons to prior periods were provided in the disclosure.

  • ·Disclosure filed on April 06, 2026, for financial year ended March 31, 2026.
  • ·Scrip Codes: BSE 532389, NSE VALECHAENG.
  • ·J K Solutions Private Limited CIN: U82990MH2014PTC257168.
Ambuja Cements LimitedMerger/Acquisitionneutralmateriality 8/10

06-04-2026

Ambuja Cements Limited disclosed that April 06, 2026, has been approved as the Record Date for the Scheme of Amalgamation with Sanghi Industries Limited, following the Finance Committee's decision and NCLT Ahmedabad Bench approval. NSE and BSE have notified the suspension of trading in SIL's equity shares (NSE: SANGHIIND EQ; BSE: 526521) effective from April 06, 2026 (closing hours of April 02, 2026). This updates the prior disclosure made on March 12, 2026.

  • ·NSE suspension pursuant to Regulation 3.1.2 of NSE (Capital Market) Trading Regulations – Part A
  • ·BSE Notice No. 20260401-56 dated April 01, 2026, under Corporate Actions – Listing Operations
  • ·ACL Scrip Codes: NSE AMBUJACEM, BSE 500425, Luxembourg US02336R2004
  • ·ACL CIN: L26942GJ1981PLC004717
Spentex Industries LtdMerger/Acquisitionneutralmateriality 3/10

06-04-2026

CLC Industries Limited (formerly Spentex Industries) disclosed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, that it received a nil encumbrance disclosure from promoter Manjeet Cotton Private Limited regarding shares held at the end of FY March 31, 2026. The promoter, represented by Director Rajendra Singh Rajpal, confirmed no encumbrances were created directly or indirectly on shares by the promoter, nominees, or promoter group during the financial year.

  • ·Disclosure filed on April 6, 2026
  • ·Scrip codes: 527082 (BSE), 521082 (NSE); Symbol: CLCIND
  • ·Membership No: 45277 (Koyal Gehani)
Abhinav Capital Services LimitedMerger/Acquisitionneutralmateriality 6/10

06-04-2026

Promoters of Abhinav Capital Services Limited, led by Vinod Hardattrai Biyani, disclosed aggregate shareholding of 50,88,655 equity shares representing 73.49% as on March 31, 2026, under SEBI Regulation 31(4). The holding is distributed across family HUFs and individuals with no changes or encumbrances reported during FY 2026. This stable promoter stake provides continuity in control.

  • ·No encumbrances of shares by promoters during FY ended March 31, 2026
  • ·Disclosure filed on April 6, 2026 to BSE
Midwest Gold LtdMerger/Acquisitionpositivemateriality 9/10

06-04-2026

Midwest Gold Limited (MGL) has received the Confirmation Order dated March 26, 2026, from the Regional Director – South East Region, Ministry of Corporate Affairs, approving the Scheme of Amalgamation of its wholly owned subsidiary Midwest Energy Private Limited (MEPL) with MGL under Section 233 of the Companies Act, 2013. The merger combines complementary businesses—MGL in mining and processing of minerals (FY 2024-25 turnover ₹44.64 Cr) and MEPL in design, development, and manufacturing of advanced battery packs and Battery Management Systems (FY 2024-25 turnover ₹46.08 L)—with no change in MGL's shareholding pattern and exemption from related party transaction approvals. This strategic amalgamation aims to carry on the businesses more conveniently and advantageously.

  • ·MEPL incorporated on September 13, 2018; MGL on November 20, 1990.
  • ·Order received on April 02, 2026; earlier communication dated January 2, 2026.
  • ·No cash consideration or share exchange ratio applicable as MEPL is wholly owned subsidiary.
Desh Rakshak Aushdhalaya Ltd.Merger/Acquisitionneutralmateriality 2/10

06-04-2026

Desh Rakshak Aushdhalaya Limited submitted a yearly disclosure under sub-regulations (4) and (5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. Promoter Mr. Tosh Kumar Jain, on behalf of himself and the Promoter & Promoter Group, confirms that no encumbrances were made directly or indirectly on shares held by them or persons acting in concert during the year. This is a nil disclosure indicating no changes in share encumbrances.

  • ·CIN: L33119UR1981PLC006092
  • ·BSE Scrip Code: 531521
  • ·Company address: Bhagwant Kuti, Kankhal, Haridwar, Uttarakhand - 249408, India
  • ·ICSI Membership No. for Sohini Bansal: 64620
EVEXIA LIFECARE LIMITEDMerger/Acquisitionneutralmateriality 4/10

06-04-2026

Evexia Lifecare Limited submitted declarations under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from promoters and Promoter Group for the year ended March 31, 2026, pertaining to scrip MERCURYEV (Scrip Code: 531357). The filing was digitally signed by Jayeshbhai R. Thakkar, Chairman and Managing Director (DIN: 01631093). No specific shareholding details or changes are disclosed in the notice itself.

  • ·Regulation: 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
  • ·Filing submitted to BSE Ltd., P.J. Towers, Dalal Street, Mumbai-400001
  • ·Declarations received from promoters and on behalf of Promoter Group
Enbee Trade & Finance Ltd.Merger/Acquisitionneutralmateriality 3/10

06-04-2026

Enbee Trade & Finance Ltd submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming that promoters and promoter group, including Amarr Narendra Galla, have not made any encumbrance over their shares during the quarter and year ended March 31, 2026. The declaration was digitally signed and sent to BSE Limited on April 3, 2026. No changes in share encumbrances were reported.

  • ·Disclosure covers quarter and year ended March 31, 2026
  • ·Scrip Code: 512441
  • ·CIN No: L50100MH1985PLC036945
INDONG TEA COMPANY LIMITEDMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Indong Tea Company Limited submitted an annual disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011, confirming that promoters and promoter group members, including Hariram Garg holding 20,52,173 shares (70.57%), created no new encumbrances on shares during FY ended March 31, 2026. All listed promoters and PACs reported nil creations, releases, or invocations of pledges, liens, or other encumbrances. This routine compliance filing lists detailed promoter shareholdings with no changes in encumbered positions.

  • ·Disclosure covers FY ended March 31, 2026, with all encumbrance events reported as Nil across 100+ promoter group entities.
  • ·Hariram Garg authorized disclosure on behalf of all promoters, promoter group, and PACs.
  • ·Filing submitted to BSE Limited (scrip code 543769) on April 6, 2026.
MFL India LtdMerger/Acquisitionneutralmateriality 3/10

06-04-2026

MFL India Limited has forwarded a disclosure of shareholding as on 31st March, 2026, furnished by Mr. Anil Thukral on behalf of the Promoter Group, pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to BSE Limited for record. No changes in shareholding details or financial impacts are specified in the filing.

  • ·CIN: L63040DL1981PLC012730
  • ·Scrip Code: 526622 (BSE)
  • ·Registered Office: P-56, P Block, Pandav Nagar, Mayur Vihar Phase -1, East Delhi-110091
  • ·Filing Date: April 06, 2026
DALMIA INDUSTRIAL DEVELOPMENT LIMITEDMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Dalmia Industrial Development Limited submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, including a declaration from its Promoters and Promoter Group confirming no encumbrances on shares held directly or indirectly during the year ended March 31, 2026. The disclosure was signed by Raj Mohta, Whole Time Director, and Pradeep Kumar Dalmia (Karta of Pradeep Kumar Dalmia HUF, Promoter). This routine compliance filing addresses BSE Ltd., Calcutta Stock Exchange Limited, and Metropolitan Stock Exchange of India.

  • ·CIN: L74140WB1982PLC035394
  • ·Disclosure date: April 4, 2026
  • ·Applicable period: Year ended March 31, 2026
  • ·Scrip codes: 539900 (BSE), DIDL (MSE)
Cenlub Industries Ltd.Merger/Acquisitionneutralmateriality 3/10

06-04-2026

Cenlub Industries Limited's Promoters and Promoter Group jointly hold 2,393,959 fully paid-up equity shares (BSE Scrip Code: 522251) as of March 31, 2026, with no encumbrances made directly or indirectly during FY 2025-26. This disclosure complies with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. No changes in holdings or pledges were reported.

  • ·Disclosure dated April 4, 2026
  • ·CIN: L67120HR1992PLC035087
Indrayani Biotech Ltd.Merger/Acquisitionneutralmateriality 7/10

06-04-2026

Indrayani Biotech Ltd. has informed BSE Limited that a Board of Directors meeting is scheduled for April 9, 2026, to deliberate and evaluate a proposal for the demerger of a unit of the company into a separate entity aimed at unlocking shareholder value. The trading window for dealing in the company's securities remains closed in connection with the upcoming declaration of financial results and will stay closed until 48 hours after the results are made public. No financial metrics or performance data were disclosed in this intimation.

  • ·Filing Date: April 06, 2026
  • ·Scrip Code: 526445
  • ·CIN: L40100TN1992PLC129301
Aritas Vinyl LtdMerger/Acquisitionneutralmateriality 2/10

06-04-2026

Aritas Vinyl Ltd. submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, confirming that the Promoter, Promoter Group, and Persons Acting in Concert, including Mr. Anilkumar Prakash Chandra Agarwal, did not make any encumbrance of shares held directly or indirectly during the financial year ended March 31, 2026. The disclosure was filed with BSE Limited on April 6, 2026, by Company Secretary Dharmik Prakashbhai Radadiya.

ITCONS E-Solutions LimitedMerger/Acquisitionneutralmateriality 4/10

06-04-2026

ITCONS E-Solutions Limited submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011, received from Promoter Mr. Gaurav Mittal on behalf of the Promoter and Promoter Group for the year ended March 31, 2026. The disclosure was filed with BSE Limited on April 06, 2026. No specific shareholding changes or quantitative details were provided in the filing.

  • ·Scrip Code: 543806, Scrip Symbol: ITCONS
  • ·CIN: L72900DL2007PLC163427
Choice International LimitedMerger/Acquisitionpositivemateriality 6/10

06-04-2026

Shree Shakambhari Exims Private Limited, a promoter entity of Choice International Limited, reported the release of encumbrance on 10,60,000 shares (0.48%) pledged as margin, reducing its encumbered shares from 24,00,000 (1.08%) to 13,40,000 (0.60%) as of March 30, 2026. This resulted in a overall reduction in total promoter/PAC encumbered shares from 1,54,80,000 (6.95%) to 1,44,20,000 (6.47%), with no changes reported for other promoters. The disclosure complies with Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, filed on April 4, 2026.

  • ·Disclosure filed with BSE and NSE on April 4, 2026, for event dated March 30, 2026.
  • ·No changes in encumbrance reported for other 26 promoter/PAC entities listed.
  • ·Total pre-event promoter group holding: 12,78,02,292 shares (57.37%)
Paisalo Digital LimitedMerger/Acquisitionpositivemateriality 7/10

06-04-2026

Equilibrated Venture Cflow Pvt. Ltd., a promoter group entity holding 18,67,63,880 shares (20.53% of Paisalo Digital Limited's total share capital), disclosed the release of pledge on 40,00,000 shares (0.44%) effective April 2, 2026, as collateral for company loans from Cholamandalam Investment And Finance Company Limited, reducing their encumbered shares from 7,89,09,002 (8.68%) to 7,49,09,002 (8.24%). Several other promoters, including Mr. Sunil Agarwal (11.62%), Mr. Santanu Agarwal (3.71%), and Ms. Suneeti Agarwal (0.79%), have zero encumbered shares post-reporting. However, Pro Fitcch Pvt. Ltd. and Pri Caf Pvt. Ltd. retain minor pledges of 18,10,000 shares each (0.20%).

  • ·Disclosure reported to stock exchanges on April 4, 2026, under SEBI Regulation 31.
  • ·Historical encumbrances include multiple pledges to entities like STCI Finance Ltd., IIFL Finance Limited, and Bajaj Financial Securities Ltd., with prior releases dating back to 2022.
Greenlam Industries LimitedMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Greenlam Industries Limited's wholly owned subsidiaries in Singapore and Malaysia jointly acquired the remaining 33% local shareholding in PT. Greenlam Indo Pacific (Indonesia) for IDR 825,000,000, increasing collective ownership from 67% to 100% and making it a wholly owned step-down subsidiary. The target entity reported turnover growth to IDR 13,169,408,093 in FY 2024-25 from IDR 8,518,591,499 in FY 2023-24 (up ~54.6% YoY), but had declined to that prior level from IDR 11,977,372,259 in FY 2022-23 (down ~28.9% YoY), alongside a comprehensive loss of IDR (7,318,172,587) in FY 2024-25. The acquisition rationalizes group structure for better control with no material impact or price sensitivity on the company's operations.

  • ·Target entity incorporated on May 05, 2020, in Indonesia, engaged in wholesale trade, import/export.
  • ·Singapore Subsidiary acquired 824 ordinary shares (IDR 1,000,000 each); Malaysia Subsidiary acquired 1 ordinary share.
  • ·Acquisition completed; not a related party transaction; no regulatory approvals required.
  • ·Disclosure delay due to overseas consultant info and holidays.
India Finsec LimitedMerger/Acquisitionneutralmateriality 2/10

06-04-2026

BSE received a disclosure under Regulations 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Gopal Bansal & Others for India Finsec Ltd (BSE: 535667) on April 04, 2026. No specific details on shareholding patterns, stake changes, transaction values, or other metrics are mentioned in the filing.

Sungold Media and Entertainment LimitedMerger/Acquisitionneutralmateriality 5/10

06-04-2026

Sungold Media and Entertainment Limited disclosed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, that its Promoters and Promoter Group hold 63,66,120 equity shares, representing 57.87% of the company as on March 31, 2026. No encumbrances on shares were made, directly or indirectly, during the financial year ended March 31, 2026. This is a routine annual disclosure with no changes in promoter holdings reported.

  • ·CIN: L22100GJ1995PLC024944
  • ·Scrip Code: 541799
FUNDVISER CAPITAL (INDIA) LIMITEDMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Fundviser Capital (India) Limited submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming that the Promoters and Promoter Group, represented by Mrs. Kriti Jain, did not encumber or pledge any shares during the financial year ended March 31, 2026, and hold no such encumbrances as on that date. This is a routine annual compliance filing with no changes in shareholding encumbrances reported.

  • ·Scrip Code: 530197
  • ·CIN No.: L64300MH1985PLC205386
  • ·Disclosure dated: April 6, 2026
Mangalam Industrial Finance LimitedMerger/Acquisitionneutralmateriality 7/10

06-04-2026

Promoter Yatin Sanjay Gupte created a pledge on 1,75,43,895 equity shares (1.23% of total share capital) of Mangalam Industrial Finance Limited in favor of Blacksoil Capital Private Limited as collateral for financial assistance to a group company, pursuant to an agreement dated March 27, 2026, with the pledge effected on April 2, 2026. This increases his encumbered shares from 6,74,56,105 (4.73%) to 8,50,00,000 (5.96%), while his total holding remains at 8,52,72,898 shares (5.98%). No changes reported in encumbrances for other promoters.

  • ·Disclosure filed on April 6, 2026, in terms of Regulation 31(2) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
  • ·Pledge Agreement dated March 27, 2026, secures financial assistance availed by a group company.
NMDC Steel LimitedMerger/Acquisitionneutralmateriality 3/10

06-04-2026

NMDC Steel Limited disclosed under SEBI Regulation 31(4) that the Promoter, President of India, holds 178,16,33,571 shares (60.79%) as on 31st March 2026. The Promoter reported no encumbrances of shares, directly or indirectly, during the financial year ended 31st March 2026. This represents stable promoter shareholding with no changes noted.

Padam Cotton Yarns Ltd.Merger/Acquisitionneutralmateriality 4/10

06-04-2026

Sachin Govindlal Modi disclosed under SEBI Regulation 29(2) the sale of 2,371,618 shares (1.08% of total share capital) in Padam Cotton Yarns Limited via open market on April 6, 2026, reducing his non-promoter holding from 1.08% to nil. Total equity share capital remained unchanged at 219,470,000 shares. The transaction resulted in a complete exit of his stake with no impact on promoters or diluted capital.

  • ·Scrip code: 531395
  • ·Mode of transaction: Open market
  • ·Acquirer not part of promoter/promoter group
Atvo Enterprises LimitedMerger/Acquisitionneutralmateriality 6/10

06-04-2026

ATVO Enterprises Limited (formerly Vandana Knitwear Limited) forwarded yearly disclosures under Regulation 31(4) of SEBI (SAST) Regulations, 2011, from promoters and promoter group for the financial year ended March 31, 2026. Disclosures confirm holdings of 2,97,55,907 Equity Shares by Siddharth Gattani, 1,92,82,563 by Shorya Gattani, 25,04,536 by Charul Ajmer, and 24,97,399 by Naresh Gattani HUF, with no encumbrances directly or indirectly during FY 2025-2026. This indicates stable promoter shareholdings as of March 31, 2026.

  • ·Disclosures filed on April 06, 2026, to BSE Limited (Scrip Code: 532090).
  • ·No acquisitions, disposals, or encumbrances reported by promoters during FY 2025-2026.
CRP Risk Management LtdMerger/Acquisitionneutralmateriality 3/10

06-04-2026

CRP Risk Management Limited promoters, including Hitesh Asrani and Parmanand H Asrani, filed disclosures under Regulation 31(4) of SEBI (SAST) Regulations confirming no new encumbrances, directly or indirectly, on their shares during the financial year ended March 31, 2026. Managing Director Raza Mohammad Sayyad also affirmed no encumbrances beyond those previously disclosed. This routine compliance filing indicates no changes in share encumbrances by promoters and persons acting in concert.

  • ·Scrip Codes: 540903 and 532164
  • ·Company Address: B-208,209 Classique Centre, Off Mahakali Caves, Andheri-(East), Mumbai, Maharashtra, India, 400093
  • ·Disclosures dated April 06, 2026, covering FY 2025-26
India Homes LimitedMerger/Acquisitionnegativemateriality 6/10

06-04-2026

Promoters and promoter group of India Homes Limited disclosed the creation of a pledge on 809,900 shares (0.203% of equity) held by India Steel International Pvt Limited as collateral for loans taken by the company, effective April 2, 2026. This increases the total encumbered shares in promoter/promoter group holding from approximately 12.7 million to 13,524,900 shares (3.398% of equity). The total promoter holding stands at 140,926,166 shares (35.401%), with the disclosure filed on April 6, 2026, to BSE under SEBI takeover regulations.

  • ·Smaller pledges include 654,800 shares (0.164%) by Mr Sudhir Gupta and minor amounts by others like Varun Gupta (0), Siddharth S Gupta (219,700 shares held, 0.055%), etc.
  • ·Reason for pledge: Collateral for loans taken by India Homes Limited.
Auto Pins (India) Ltd.Merger/Acquisitionneutralmateriality 3/10

06-04-2026

Auto Pins (India) Limited has submitted the yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, from its Promoters and Promoter Group for the financial year ended March 31, 2026. The disclosure was filed with BSE Limited on April 6, 2026, and signed by the Company Secretary. No specific changes in shareholding were detailed in the filing notice.

  • ·Disclosure pertains to Regulation 31(4) of SEBI (SAST) Regulations, 2011, as amended
  • ·Submitted to Corporate Relationship Department, BSE Limited, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai-400001
Paragon Finance Ltd.Merger/Acquisitionneutralmateriality 3/10

06-04-2026

Paragon Finance Limited has filed a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, stating that promoters and promoter group, represented by Mr. Sanjay Kumar Gupta, made no encumbrances of shares directly or indirectly during the financial year ended March 31, 2026. This nil disclosure confirms compliance with disclosure requirements for the period. No changes in promoter share encumbrances were reported.

  • ·Disclosure pertains to financial year ended March 31, 2026
  • ·Filed with BSE Limited (Scrip Code: 531255)
  • ·CIN: L65921WB1986PLC040980
Advance Petrochemicals Ltd.Merger/Acquisitionneutralmateriality 4/10

06-04-2026

Promoters and Promoter Group of Advance Petrochemicals Ltd. disclosed holding 4,51,024 shares as on March 31, 2026, pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. They confirmed no encumbrance of shares, directly or indirectly, during the financial year ended March 31, 2026. The disclosure was submitted to BSE Limited on April 6, 2026.

  • ·BSE Scrip Code: 506947
  • ·CIN: L23200GJ1985PLC008013
  • ·Disclosure filed from Ahmedabad
Krishna Ventures LimitedMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Promoters of Krishna Ventures Limited, led by Neeraj Gupta, disclosed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, that no encumbrances were made directly or indirectly on shares held by promoters and promoter group during FY 2025-2026 ending March 31, 2026. This mandatory annual declaration confirms status quo with no changes in share encumbrances.

  • ·Disclosure dated April 06, 2026, submitted to BSE Limited
  • ·Applies to financial year ended March 31, 2026 (FY 2025-2026)
  • ·CIN: L45400MH1981PLC025151
Advance Multitech Ltd.Merger/Acquisitionneutralmateriality 4/10

06-04-2026

Advance Multitech Limited's Promoter and Promoter Group filed a yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming they held 16,60,880 shares as on March 31, 2026. They stated no encumbrance of shares, directly or indirectly, occurred during the financial year ended March 31, 2026.

  • ·Filing dated April 06, 2026 to BSE Limited (Scrip Code: 526331)
  • ·No changes in encumbrance reported for FY ended March 31, 2026
NEXOME CAPITAL MARKETS LIMITEDMerger/Acquisitionpositivemateriality 8/10

06-04-2026

Lend Lease Company (India) Limited, a promoter/promoter group entity, acquired 11,61,988 equity shares representing 11.54% of the total share capital in Nexome Capital Markets Limited (formerly SMIFS Capital Markets Limited) on March 24, 2026, via subscription to a rights issue at Rs. 75 per share, increasing its stake from 2,89,000 shares (4.92%) to 14,50,988 shares (16.46%). This acquisition, including 6.62% in excess of entitlement, qualifies for exemption from open offer under Regulation 10(4)(b) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Disclosures were filed with BSE on March 27, 2026, and SEBI on April 6, 2026, accompanied by a fee payment.

  • ·CIN of Acquirer: U65910WB1987PLC041823
  • ·Rights issue subscription included shares beyond entitlement without renunciation
Veer Global Infraconstruction LimitedMerger/Acquisitionneutralmateriality 2/10

06-04-2026

Veer Global Infraconstruction Limited filed a disclosure under Regulation 31(4) of SEBI (SAST) Regulations 2011 out of abundant caution, confirming the company is not a target for takeover. Promoters, promoter group, and persons acting in concert have not made any new encumbrances, directly or indirectly, on the company's shares during the financial year ended March 31, 2026, other than those already disclosed.

  • ·BSE Listing Code: 543241
  • ·CIN: L45309MH2012PLC225939
  • ·Filing Date: April 06, 2026
INTEGRA CAPITAL LIMITEDMerger/Acquisitionneutralmateriality 4/10

06-04-2026

Integra Capital Limited filed a yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, from the Promoter for the financial year ended March 31, 2026, with BSE Limited on April 6, 2026. The filing was signed by Managing Director Tarun Vohra. No specific shareholding changes or quantitative details were provided in the letter.

  • ·CIN: L74899DL1990PLC040042
  • ·Scrip Code: 531314
  • ·ISIN: INE366H01012
  • ·DIN: 00030470
Mayur Floorings LtdMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Mayur Floorings Limited has filed a precautionary disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011, confirming that it is not currently a target for takeover. Promoters, promoter group, and persons acting in concert have not created or invoked any new encumbrances on shares during the financial year ended March 31, 2026, beyond those previously disclosed. The disclosure is signed by Mahavir N Sundrawat, Managing Director and Promoter.

  • ·BSE Listing Code: 531221
  • ·CIN: L99999RJ1992PLC099640
  • ·Disclosure requests placement at the ensuing Audit Committee Meeting per Regulation 31(5)
Kedia Construction Co. Ltd.Merger/Acquisitionpositivemateriality 9/10

06-04-2026

The Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, approved the Scheme of Arrangement and Amalgamation between Kirti Investments Limited (Transferor Company) and Kedia Construction Company Limited (Transferee Company) on April 06, 2026. This follows prior communications on the proposed scheme under Sections 230 to 232 of the Companies Act, 2013. The detailed order is awaited and will be disclosed to stock exchanges upon receipt.

  • ·Security Code: 508993 (BSE Limited)
  • ·CIN No.: 145200MH1981P1C025083
  • ·Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
AMANAYA VENTURES LIMITEDMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Amanaya Ventures Limited submitted an annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, confirming that the Promoter (Manan Mahajan) and Promoter Group (including Rajni Mahajan, Sabhajeet Mahajan, Shashi Mahajan, and Amanaya Precious Metals LLP) created no encumbrance on shares, directly or indirectly, during the financial year ended March 31, 2026. This nil disclosure indicates no pledges, liens, or other encumbrances by promoters. The filing was made to BSE Limited on April 06, 2026.

  • ·Disclosure covers FY ended March 31, 2026 (FY 2025-2026).
  • ·Scrip Code: 543804; Scrip Symbol: AMANAYA.
  • ·Registered Office: 69-70, First Floor, Deep Complex, Court Road, Amritsar, Punjab-143001.
Neptune Logitek LtdMerger/Acquisitionpositivemateriality 7/10

06-04-2026

Neptune Logitek Ltd's Board approved appointments of M/s. Ishali Desai & Associates as Secretarial Auditor, M/s. Sen & Ray as Internal Auditor for FY 2025-26, and Mr. Rushabh Anilkumar Shah as Additional Non-Executive Independent Director for 5 years effective April 06, 2026, subject to shareholder approval. The Board also approved a proposal to acquire 1,02,000 equity shares (51% of paid-up capital) of Devanshi Tradables Private Limited from Director Mrs. Reema Ankit Shah, pending independent valuation report, Audit Committee, and final Board approval; this is a related party transaction to be conducted at arm's length. No financial performance metrics or declines were disclosed.

  • ·Devanshi Tradables Private Limited incorporated on September 16, 2025, and engaged in import-export trading business.
  • ·Acquisition rationale: Strategic investment in import-export industry; no regulatory approvals required.
  • ·All appointments and acquisition proposal details provided per SEBI Regulation 30 and related circulars.
ESSEX MARINE LIMITEDMerger/Acquisitionneutralmateriality 3/10

06-04-2026

Essex Marine Limited submitted yearly disclosures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 31(4) and 31(5) for the financial year ended March 31, 2026. Promoters and Promoter Group declared no changes in their shareholding. They also confirmed no encumbrances were created on the company's shares during the year.

  • ·Scrip Code: 544475
  • ·Filing submitted to Listing Department, BSE Limited, P.J. Towers, Dalal Street, Mumbai-400001
Olympia Industries Ltd.Merger/Acquisitionneutralmateriality 3/10

06-04-2026

Promoters and promoter group members of Olympia Industries Ltd., including Navin Kumar Pansari, Anurag Navinkumar Pansari, Alok Pansari, Chirag Navin Pansari, and several promoter group entities, have submitted a declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, stating no encumbrances were made on their shareholdings during the financial year ended March 31, 2026. The disclosure was filed with BSE on April 6, 2026, by Company Secretary Avanti Patthey. This is a routine nil disclosure with no changes reported.

  • ·Declaration dated April 3, 2026, submitted to BSE Corporate Relationship Department.
  • ·CIN: L52100MH1987PLC045248; Scrip Code: 521105.
Tube Investments of India LimitedMerger/Acquisitionpositivemateriality 8/10

06-04-2026

Tube Investments of India Limited (TII) acquired 8,94,072 equity shares of face value Rs.10 each, representing 76.24% of the paid-up equity share capital of Orange Koi Private Limited on April 6, 2026, making it a wholly-owned subsidiary under Section 2(87) of the Companies Act, 2013. This update follows TII's letter dated February 6, 2026. No financial consideration details were disclosed.

  • ·Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • ·Addressed to National Stock Exchange of India Ltd (NSE Symbol: TIINDIA) and BSE Ltd (Scrip Code: 540762)
SJ Corporation LtdMerger/Acquisitionneutralmateriality 3/10

06-04-2026

SJ Corporation Ltd submitted a Merger/Acquisition filing on April 06, 2026. The document features a digital signature from Deepak Bhikhalal Upadhyay dated April 02, 2026. No additional financial or operational details are provided in the available content.

  • ·Filing Date: April 06, 2026
  • ·Signature Date: April 02, 2026 at 15:54:51 +05'30'

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