Global High-Priority Regulatory Events — October 12, 2026

12-10-2026

Navigant Corporate Advisors, as manager for Acquirers Sandeep Agrawal (NRI) and Mrs. Anupriya Sandeep Agrawal, submitted a Draft Letter of Offer to SEBI for an open offer to acquire up to 37,83,000 equity shares of Tusaldah Limited (formerly High Street Filatex Limited), representing 26.00% of the expanded equity and voting capital, at Rs. 20 per share. The offer is not conditional on any minimum acceptance level, and the schedule runs from opening on 20 November 2026 to closing on 4 December 2026, with payment of consideration on 18 December 2026. The filing is procedural and contains no reported financial results, so no period-over-period performance comparison is available.

• · Offer opens 20 November 2026 and closes 4 December 2026; post-offer advertisement 11 December 2026; consideration payable 18 December 2026
• · Offer is not conditional on any minimum level of acceptance under Regulation 19(1)
• · Acceptance is proportionate if oversubscribed, so tendered shares may not all be accepted
• · Tendered shares are held in trust by the Clearing Corporation/Registrar and cannot be traded or withdrawn during the process
• · Acquirer-1 is an NRI, so RBI and other regulatory approvals may be required from non-resident holders; delays could extend the timeline, with 10% per annum interest payable under Regulation 18(11) if SEBI grants an extension

12-10-2026

Aikyam Financial Services Private Limited has entered into a Share Purchase Agreement dated October 12, 2026 to acquire 25,94,214 equity shares (56.92%) of Inani Securities Ltd from 14 promoter sellers at ₹60.00 per share, aggregating ₹15,56,52,840, which triggers a mandatory open offer under Regulations 3(1) and 4 of the SEBI (SAST) Regulations for up to 11,85,002 shares (26.00%) at the same price, implying a total potential consideration of ₹7,11,00,120. The transaction transfers control of the SEBI-registered stock broker and depository participant, and all promoter sellers would exit to nil holdings, though the offer and change of control remain subject to SEBI, BSE, NSE, CDSL and clearing corporation approvals.

• · Mr. Venugopal Inani, a promoter seller holding 2,96,000 shares (6.49%), passed away on December 29, 2022; share transmission to nominee Mrs. Pramila Devi Inani has not yet been completed
• · Detailed Public Statement must be published by October 19, 2026
• · Offer is not conditional on any minimum acceptance level and no delisting is proposed
• · Acquirer has no pre-transaction holding in the target company
• · Transaction requires approvals from SEBI, BSE, NSE, CDSL and clearing corporations given the target's broker and depository participant status

12-10-2026

Master Trust Limited has informed the exchanges that Future Colonizers & Construction Limited, a company under the Corporate Insolvency Resolution Process (CIRP), has allotted 5,00,000 equity shares of Rs. 10.00 each to Master Trust Limited pursuant to an NCLT-approved Resolution Plan dated August 13, 2026. Upon allotment, Future Colonizers & Construction Limited becomes a wholly owned subsidiary of Master Trust Limited, with an upfront cash payment of Rs. 50,00,000 for 100% shareholding. The target has recorded zero turnover in each of FY2023-24, FY2024-25 and FY2025-26, indicating no operating business at present.

• · Future Colonizers & Construction Limited is a closely held company incorporated on 13.02.2008 (CIN U70102PB2008PLC031664), registered office in Sangrur, Punjab
• · Target operates in the Construction and Real Estate sector and has not conducted major commercial activity for many years
• · NCLT Chandigarh Bench approved the resolution plan; the acquisition is stated to be undertaken to implement the plan and realize the target's assets
• · The acquisition falls outside Master Trust Limited's main line of business, as the target is in construction and real estate
• · Disclosure made under Regulation 30(6) read with Para A(1) of Part A of Schedule III of SEBI LODR and SEBI Master Circular dated November 11, 2024 (as amended January 30, 2026)
• · Filing states no related party or promoter group interest in the target; transaction stated to be at arm's length

12-10-2026

Emcure Pharmaceuticals' Board approved a draft Composite Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013, merging two wholly owned subsidiaries, Zuventus Healthcare Limited and Emcutix Biopharmaceuticals Limited, into the listed parent. The scheme is subject to NCLT Mumbai Bench approval and other statutory approvals, and is an intra-group restructuring aimed at entity rationalization and operational efficiency, with no share issuance or cash consideration. Financially, Emcutix is loss-making on a networth basis (INR (13.07) Cr at March 31, 2026) while Zuventus reported networth of INR 871.46 Cr and FY2025-26 turnover of INR 1,040.58 Cr, versus Emcure's networth of INR 3,710.60 Cr and turnover of INR 5,243.19 Cr.

• · Emcutix Biopharmaceuticals Limited has negative networth of INR (13.07) Cr while generating INR 29.37 Cr turnover, indicating a loss-making subsidiary being absorbed
• · No cash consideration is payable and no new shares will be issued, so there is no change in the listed entity's shareholding pattern
• · The transaction is exempt from related party transaction requirements under Regulation 23(5)(b) of SEBI Listing Regulations and General Circular 30/2014 of MCA
• · Board meeting ran from 09:45 a.m. to 10:10 a.m. IST on October 12, 2026

12-10-2026

SKM Egg Products Export (India) Limited has intimated a Board Meeting on Friday, 23 October 2026 to consider the unaudited financial results for the quarter and half year ended 30 September 2026, and to approve a scheme of amalgamation of its wholly-owned subsidiary, SKM Universal Marketing Company (India) Private Limited (Transferor Company), into the parent company (Transferee Company). The filing contains no financial figures, so no performance metrics can be assessed from this document.

• · Board meeting scheduled for Friday, 23 October 2026, held under Regulation 29 of SEBI (LODR) Regulations, 2015
• · Quarter and half year ended 30 September 2026 unaudited results to be considered at the meeting
• · Amalgamation is structured as a merger of a wholly-owned subsidiary into its holding company, under the Companies Act, 2013 and SEBI Regulations
• · Filing is an intimation only; the scheme itself has not yet been approved and no terms, valuation, or share-swap ratio are disclosed

12-10-2026

Bank of India disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015 that a non-performing asset of Future Enterprise Ltd. has been declared as fraud and reported to the RBI on October 12, 2026. The outstanding amount is Rs. 575.40 crore, and the bank has fully provisioned the entire amount (Rs. 575.40 crore).

• · Disclosure reported to RBI on the same day as the filing, per regulatory requirement
• · Full provisioning of Rs. 575.40 crore means no incremental net P&L hit is indicated from this classification
• · Disclosure made under Bank's Policy on determination and disclosure of Material events / information

12-10-2026

GEM Enviro Management Limited has entered into a revised Share Subscription Agreement dated October 12, 2026 with Solluz Energy Private Limited to acquire 21,10,680 equity shares, representing 26% of Solluz's share capital, for Rs. 5,27,67,000 (Rs. 5.28 Cr). The issue price was revised upward from Rs. 24 to Rs. 25 per share, increasing the total investment from Rs. 5,06,56,320 (approx. Rs. 5.07 Cr); the company will receive a board nomination right and reserved-matter consent rights, and Solluz will become an associate of the company.

• · Transaction is not a related party transaction; Solluz has no promoter/promoter group relationship with GEM Enviro, and the company held no prior shareholding in Solluz
• · Upon completion, Solluz becomes an associate of GEM Enviro
• · GEM Enviro gains right to nominate one director to Solluz's board, pre-emptive rights, first right on further equity issues, right of first offer on promoter share transfers, tag-along rights, and consent rights over reserved matters including capital structure changes
• · Revision is referenced to an earlier corporate announcement dated August 11, 2026

12-10-2026

RGF Capital Markets Limited has issued a pre-offer advertisement and corrigendum to its Detailed Public Statement and Draft Letter of Offer for a mandatory open offer by Acquirers led by Mr. Nishad Jitendra Shah, to acquire up to 3,90,06,240 equity shares (26.00% of expanded voting share capital) at ₹1.10 per share, payable in cash with applicable interest. The RBI approval, the only pending statutory approval, was received on September 24, 2026, after an initial application was rejected on April 17, 2026. Because the approval came late, the Acquirers must pay 10% per annum interest for a 160-day delay, running to November 11, 2026.

• · The Committee of Independent Directors published its recommendation on October 09, 2026, stating the offer price is fair and reasonable.
• · The original RBI application was rejected on April 17, 2026; a fresh application was filed April 22, 2026, and approved September 24, 2026.
• · SEBI granted an extension for completing the open offer via letter dated June 16, 2026.
• · The Letter of Offer dated September 29, 2026 was emailed October 03, 2026, and physically dispatched October 05, 2026 (re-dispatched to failed-email shareholders).
• · The offer is not a competing offer under Regulation 20 of SEBI (SAST) Regulations, 2011.
• · The Target Company has disclosed a ₹50 Cr convertible warrant issuance pending in the Draft Letter of Offer; no mergers, demergers, or spin-offs in the past three years.
• · Sellers, the existing promoters, will cease to be promoters upon completion and be reclassified per SEBI (LODR) Regulations, 2015.

12-10-2026

Dr. Lal PathLabs Limited has subscribed to additional equity shares of its wholly owned subsidiary PathLabs Unifiers Private Limited (PUPL) on October 12, 2026, with the proceeds, not exceeding INR 30.3 Crore, used by PUPL to acquire the remaining 30% equity stake in CentraPath Labs Private Limited (CPL), making CPL a wholly owned subsidiary of PUPL. The transaction is classified as a related party transaction on an arm's length basis and has been completed. PUPL's turnover was 7.23 Crore in FY 2026, up slightly from 7.10 Crore in FY 2025, while still below 7.28 Crore in FY 2024, indicating a mixed trend over the period.

• · Transaction is a related party transaction conducted on an arm's length basis
• · No governmental or regulatory approvals required
• · Consideration is entirely cash
• · PUPL remains a wholly owned subsidiary of the Company post-transaction
• · PUPL was incorporated on December 12, 2018 in National Capital Territory Delhi
• · Transaction status is reported as completed

12-10-2026

SKIL Infrastructure Limited, which is under Corporate Insolvency Resolution Process (CIRP) following a Hon'ble NCLT Mumbai order dated 1 February 2024, has postponed its Thirteenth Committee of Creditors (CoC) meeting for a second time. The meeting, initially rescheduled to Monday, 12 October 2026 at 12:00 P.M., will now be held on Tuesday, 13 October 2026 at 11:00 A.M. via video conferencing. The filing contains no financial figures and does not disclose the outcome of any CoC deliberations.

• · CoC meeting postponed from 12 October 2026 at 12:00 P.M. to 13 October 2026 at 11:00 A.M., conducted via video conferencing
• · Filing references earlier disclosures dated 7 and 8 October 2026 regarding the same CoC meeting
• · Resolution Professional registration: IBBI/IPA-002/IP-N00940/2019-20/12993; AFA valid till 31 December 2026
• · NSE symbol SKIL; BSE scrip code 539861

12-10-2026

Saffron Capital Advisors, the Manager to the Offer, filed on behalf of Acquirers Jaykishor Chaitanyakishor Chaturvedi, Siddharth Jaykishor Chaturvedi, Ankur J Chaturvedi and Brijlaxmi Infotech Limited to announce the withdrawal of the open offer for Brijlaxmi Leasing and Finance Limited under Regulation 23(2)(a) of the SEBI (SAST) Regulations. The original offer sought to acquire up to 64,99,889 equity shares of ₹10 each at ₹10.05 per share, aggregating up to ₹6,53,23,884.45. The withdrawal announcement is dated October 10, 2026, and was published on October 12, 2026 in Financial Express, Jansatta, Navshakti and Ahmedabad Express.

• · BSE Scrip Code of the Target Company is 532113
• · Withdrawal was made under Regulation 23(2)(a) of SEBI (SAST) Regulations, 2011
• · Saffron Capital Advisors is the SEBI-registered Manager (Registration No. INM000011211)
• · The filing is a compliance disclosure requested to be disseminated on BSE's website
• · The remaining Abakkus Mutual Fund and SARFAESI auction notices in the filing are unrelated to the target company and not material to this filing

12-10-2026

Shakti Pumps (India) Limited invested Rs. 5.00 Crore in its wholly owned subsidiary Shakti EV Mobility Private Limited by subscribing to 50,00,000 equity shares of Rs. 10 face value, taking the consolidated investment in the subsidiary to Rs. 80.00 Crore. The subsidiary, engaged in manufacturing electric vehicle motors and controllers and chargers, reported FY 2026 turnover of Rs. 2,425.41 Lacs, up from Rs. 372.73 Lacs in FY 2025, though FY 2026 turnover was also above FY 2024's Rs. 430.09 Lacs, which itself was higher than FY 2025, indicating volatile revenue performance across the three years.

• · Investment is made entirely in cash, by subscription to equity shares of the subsidiary, with no government or regulatory approvals required and completion on the same day
• · The transaction is not a related party transaction and is at arm's length, as the subsidiary is wholly owned
• · The subsidiary was incorporated on 16 December 2021 and operates in India
• · FY 2025 turnover declined about 13.4% from FY 2024, before rebounding sharply in FY 2026

12-10-2026

Globus Power Generation Limited's Board approved investing up to Rs. 65,00,000 (Rs. 65 Lakh) to acquire a 51% partnership stake in Transtech Punjab CBG LLP from Mr. Amitabh Tandon, a partner in the LLP who is also a Non-Executive Director of the Company. The transaction is classified as a related party transaction, which the company states is at arm's length, and is subject to shareholder approval, with completion indicated post that approval. The target is a small, recently incorporated compressed bio-gas (CBG) and organic manure business with turnover rising from Rs. 1,78,136 in FY 2024-25 to Rs. 5,32,35,196 in FY 2025-26.

• · Transaction is a related party transaction because promoter group interest exists and Mr. Amitabh Tandon is a Director of the Company and partner in the LLP
• · Company states the transaction is at arm's length
• · No governmental or regulatory approvals are required, per the annexure
• · Completion is indicated to be after approval of the Company's shareholders
• · Consideration is entirely cash
• · LLP was incorporated 15 April 2024 at Hanspur, Fatehabad, Haryana, with capital raised from Rs. 10 Lakh to Rs. 1 Crore on 1 October 2025
• · Filing discloses the Company's entity name as Globus Power Generation Limited; the preliminary entity name Globus Constructors & Developers Limited does not match the filing letterhead

12-10-2026

Power Grid Corporation of India Limited acquired 100% of Lakadia II Power Transmission Limited on 12.10.2026 as the successful bidder under Tariff Based Competitive Bidding for the Lakadia REZ Phase II (7500MW) transmission project in Gujarat, on a BOOT basis. The aggregate acquisition value is about Rs. 18.43 Crore, subject to adjustment against audited accounts as on the acquisition date. The target has not yet started commercial operations and has recorded no turnover.

• · Target SPV was incorporated on 09.05.2026 by the Bid Process Coordinator under the Guidelines Encouraging Competition in Development of Transmission Projects
• · Transmission licence grant and adoption of transmission charges still require approval from CERC, to be obtained by Lakadia II after acquisition
• · The acquisition is not a related party transaction; POWERGRID had no prior interest in the target
• · Project scope includes construction of 765kV lines through Gujarat and installation/commissioning of a synchronous condenser

12-10-2026

Lord's Mark Industries Limited has completed the 100% acquisition of Radio Electric Private Limited, maker of the 'Radiotone' brand, for ₹4.50 Cr in cash, as part of its expansion into specialised electrical manufacturing under its Lighting & Energy Division. The target is a debt-free, profitable operating business founded in 1939 with 40-50 blue-chip domestic accounts and repeat exports to seven international markets, currently running at about 50% single-shift capacity.

• · Transaction is not a related party transaction and no promoter or promoter group interest is involved.
• · Target pioneered double-layer Variacs in 1979-80.
• · Target's export markets include Europe, the USA, Canada, South Africa, Dubai, and the Philippines.
• · Acquisition intended to enable in-house component manufacturing to improve medical device profitability.
• · Target currently operates at about 50% single-shift capacity, providing headroom to scale without heavy upfront capex.

12-10-2026

Zydus Lifesciences' U.S. subsidiary Zydus Therapeutics presented a post hoc exploratory geographic subgroup analysis of the Phase 2(b)/3 EPICS-III trial of investigational saroglitazar in primary biliary cholangitis (PBC) at ACG 2026. Composite biochemical response was 60.7% vs. 0% placebo in the U.S. subgroup and 55.1% vs. 13.5% in the non-U.S. subgroup, a larger treatment difference in the U.S. (∆60.7% vs. ∆41.6%), but ALP normalization rates were similar (7.7% vs. 9.6% treatment difference) and the U.S. sample was small (28 saroglitazar vs. 14 placebo patients). Saroglitazar remains unapproved by the FDA, which is reviewing it, with a U.S. launch targeted by March 2027 if approved.

• · Saroglitazar is an investigational product not approved by the FDA; its safety and effectiveness have not been established
• · Saroglitazar holds FDA Orphan Drug Designation, Fast Track Designation, and Priority Review for PBC
• · ALP normalization (ALP<116 U/L) was not substantially different between U.S. (7.7%) and non-U.S. (9.6%) subgroups, a point not favorable to the U.S. narrative
• · The analysis is post hoc and exploratory; the company itself cautions it should be interpreted accordingly
• · Most common adverse reactions with saroglitazar were pruritus, headache and urinary tract infection; adverse events were generally balanced with placebo
• · Zydus Therapeutics is a wholly owned subsidiary headquartered in Pennington, New Jersey, focused on rare liver diseases including PBC and MASH

12-10-2026

Minda Corporation Limited has executed a Share Subscription Agreement with Sunsure Energy Private Limited and Sunsure Solarpark Sixteen Private Limited to acquire a 26% equity stake in Sunsure Solarpark Sixteen Private Limited, a renewable energy company engaged in setting up ground-mounted, grid-connected solar power facilities. The cash consideration is up to Rs. 57.75 lacs, with completion expected in approximately 6 months. The target reported turnover of Rs. 963.75 lacs for FY2025-26 (up from Rs. 716.20 lacs in FY2024-25), but posted a loss after tax of Rs. (8.88) lacs in FY2025-26.

• · Transaction is not a related party transaction and no promoter or promoter group interest exists in the target
• · No governmental or regulatory approvals are required for the acquisition
• · Target incorporated in 2026 and has presence only in India
• · Target has no reported turnover for FY2023-24 (not applicable)
• · Disclosure made under Regulation 30 read with Para B of Part A of Schedule III of SEBI Listing Regulations

12-10-2026

Ceigall India Limited has entered into a Share Purchase Agreement with REC Power Development and Consultancy Limited to acquire 100% of the equity shares of Jam Khambhaliya Jamnagar Power Transmission Limited (JKJTL) for an aggregate consideration of Rs. 18,39,86,174 (approximately Rs. 18.4 Crore, inclusive of Rs. 5,00,000 subscription cost), paid in cash. JKJTL becomes a wholly owned subsidiary and the acquisition is a condition of the RFP for a Tariff Based Competitive Bidding transmission project awarded under a Letter of Intent dated 02 September 2026. The company was only incorporated on 09 May 2026, so no historical turnover is available.

• · Acquisition is a condition of the RFP; the company must purchase JKJTL shares from REC Power Development and Consultancy Limited (Bid Process Co-Ordinator) to undertake the project
• · Letter of Intent dated 02 September 2026 (Ref. RECPDCL/TBCB/Jam Khambhaliya/2026-27/2648) issued to Ceigall India Limited
• · The transaction is not a related party transaction; promoter and group companies have no interest in JKJTL
• · JKJTL's authorized and paid-up share capital is ₹5,00,000 divided into 50,000 equity shares of ₹10 each; reported size/turnover is NIL
• · No governmental or regulatory approvals are stated as required, and no indicative completion timeline is disclosed (both marked Not Applicable)
• · Filing is a continuation of an earlier letter dated 11 September 2026

12-10-2026

GPT Infraprojects Limited has issued a Regulation 30 intimation enclosing the notice for a NCLT-convened meeting of its equity shareholders (and secured and unsecured creditors) to approve a Scheme of Amalgamation of two wholly-owned/group entities, Alcon Builders and Engineers Private Limited and Jogbani Highway Private Limited, into GPT Infraprojects Limited with an appointed date of 1 April 2026. The equity shareholder meeting is scheduled for 13 November 2026 at 3:00 P.M. IST via VC/OAVM, with remote e-voting from 10 to 12 November 2026. The filing contains no financial performance figures for the current or prior period.

• · NCLT Kolkata Bench issued its directions for the meeting via order dated 15 September 2026 in C.A.(CAA) No. 88/KB/2026
• · Equity shareholder cut-off date for notice dispatch was 2 October 2026; e-voting cut-off date is 6 November 2026
• · Secured creditors meeting is scheduled for 13 November 2026 at 10:45 A.M. IST (physical mode), and unsecured creditors meeting for 13 November 2026 at 12:15 (listed as 'A.M.' in the filing, which appears to be a typographical inconsistency with the 3:00 P.M. equity meeting)
• · The Scheme requires approval under Sections 230-232 of the Companies Act, 2013 and is subject to NCLT sanction along with other regulatory consents

12-10-2026

JTL Defence Limited (erstwhile RCI Industries & Technologies Limited) has disbursed net proceeds from the open-market sale of fractional share entitlements arising from the capital reduction mandated by the NCLT-approved Resolution Plan. The proceeds have been credited to eligible shareholders' bank accounts, and shareholders with incomplete bank details will be contacted by the Company or RTA to update their information. No financial amounts, share counts, or per-share proceeds are disclosed in the filing.

• · NCLT New Delhi Bench order approving the Resolution Plan is cited as dated October 09, 2025 in the body but October 09, 2026 in the disbursement paragraph; the date discrepancy should be verified against the NCLT order
• · Fractional entitlements arose from a reduction of paid-up share capital and were consolidated into a Suspense Account for open-market sale on behalf of eligible shareholders
• · Shareholders with incomplete bank details have not yet been credited and will be informed by the Company or RTA to update their details

12-10-2026

Ventive Hospitality Limited has approved filing an appeal against Point No. 22 of the September 23, 2026 order of the National Company Law Tribunal (NCLT), Mumbai Bench, in connection with the proposed Scheme of Amalgamation involving Eon Hinjewadi Infrastructure Private Limited, Restocraft Hospitality Private Limited, Wellcraft Infraprojects Private Limited and Ventive Hospitality Limited (CA (CAA) No. 253/MB/2025). The company will keep exchanges informed of material developments.

• · Filing is made under Regulation 30 of SEBI (LODR) Regulations, 2015, continuing earlier intimations dated May 12, 2025, June 17, 2025 and September 24, 2026
• · The appeal challenges Point No. 22 of the NCLT Mumbai Bench order dated September 23, 2026
• · Ventive Hospitality is the Transferee Company; three entities are Transferor Companies in the amalgamation
• · No appeal filing date or quantified financial impact was disclosed in the filing

12-10-2026

Aeroflex Neu Limited has intimated that its Board of Directors will meet on Thursday, October 15, 2026, at 3:30 p.m. to consider and approve the acquisition of equity shares of Stilonn Valves and Controls Private Limited. The company has also noted that its trading window for insider dealing is already closed, as communicated on September 28, 2026. The filing itself discloses no transaction value, stake size, or financial terms; these are expected only after the Board decision.

• · Board meeting scheduled for Thursday, October 15, 2026, at 3:30 p.m.
• · Trading window for insider dealing already closed per intimation dated September 28, 2026
• · Company Code No.: 543743; Trading Symbol: AERONEU

12-10-2026

K M Sugar Mills Limited disclosed that the scheme of arrangement demerging its Distillery Division into K M Spirits and Allied Industries Limited has taken effect. The Resulting Company's board approved the allotment of 1,84,00,034 fully paid-up equity shares of INR 10 each to eligible shareholders as of the October 02, 2026 record date, and the Resulting Company ceased to be a subsidiary of K M Sugar Mills upon cancellation of its shares held by the Demerged Company.

• · Scheme effectiveness was disclosed on October 01, 2026, with the allotment approved on October 12, 2026 based on the October 02, 2026 record date
• · Shares rank pari passu with existing equity shares of the Resulting Company
• · Allotment is subject to listing and trading approvals from NSE and BSE, which the Resulting Company is currently seeking
• · Scheme approval follows Observation Letters from NSE and BSE dated January 12 and January 13, 2026, under Sections 230 to 232 of the Companies Act, 2013