Executive Summary
Across 41 MCA Merger & Acquisition Tracker filings dated April 29, 2026, dominant themes include a mega composite scheme in the Gujarat Gas ecosystem (GSPC, GSPL, GEL merging into GGL, renaming to Gujarat Energy Limited) with 62 Cr+ shares to be issued, record date May 12, 2026, signaling major energy sector consolidation; numerous neutral SAST disclosures under Reg 29/31 lacking quantitative details (e.g., Indus Towers, SAIL, Kuber Udyog); and scattered positive asset acquisitions/JVs (Shreeji Shipping vessels at Rs55 Cr, Brigade 50:50 JV). Period-over-period trends show mixed subsidiary performance: Ashoka Buildcon sub income -65.6% YoY to Rs17,123 lakh but networth +45.2% YoY; JK Cement SPV NIL turnover/PAT -Rs37 Cr; Brigade/Ashoka NIL turnover; Avi Polymers outlier revenue +4,854x YoY to Rs3,312 Cr, debt-free. Promoter activity reveals caution via pledges (AMPVOLTS +20.58% to 34L shares encumbered, Neogen 7.65%) but conviction in buys (Avi promoters up to 5%, Green Horizon 5.64% in Kuber). High materiality events cluster in energy (10/10) and shipping/realty (8/10), with 18 new filings emphasizing fresh catalysts amid neutral sentiment in 70%+ cases.
Tracking the trend? Catch up on the prior India Merger Acquisition MCA Regulatory Filings digest from April 22, 2026.
Investment Signals(12)
- Gujarat Gas Limited↓(BULLISH)▲
MCA-sanctioned composite merger with GSPC/GSPL/GEL approved, issuing 62.27 Cr shares (Rs2 FV) at ratios 10:305 (GSPC), 10:13 (GSPL), record date May 12, 2026, positive sentiment, name change to Gujarat Energy
- Gujarat State Petronet (GSPL)(BULLISH)▲
Merger into GGL with 27 Cr shares allotment to shareholders at 10:13 ratio post-record date May 12, effective ~May 15, scheme shareholder-approved Oct 2025
- Shreeji Shipping Global↓(BULLISH)▲
Acquired 2 mini bulk carriers (8,810 DWT) for Rs55.66 Cr (Rs27.8 Cr/vessel) from Gautam Freight, delivery May 1, strengthens coastal ops, arm's length
- Brigade Enterprises↓(BULLISH)▲
Converted sub Vibrancy Real Estates to 50:50 JV with GSS AIF, allotted 25L shares Rs538.89 + 10L OCRPS Rs10, for 2M sq ft office/hotel project
- Avi Polymers↓(BULLISH)▲
Promoters intend 5% creeping acquisition post FY26 revenue 4,854x YoY to Rs3,312 Cr, PAT 25x, 100% debt-free, AI subs launched
- JK Cement↓(BULLISH)▲
Invested Rs2.81 Cr for 26% in Truere Current SPV (40 MWp solar+BESS), arm's length supports RE strategy despite SPV PAT -Rs37 Cr
- Ashoka Buildcon↓(BULLISH)▲
Allotted Rs14.52 Cr shares in sub ABSRPL (HAM highway SPV), sub networth +45.2% YoY to Rs13,554 lakh despite income -65.6% YoY
- Kuber Udyog↓(BULLISH)▲
Green Horizon Fund acquired 5.64% (1.94L shares) open market Apr 28, from 0%, non-promoter entry
- Deepak Fertilisers(BULLISH)▲
SCM Commercial acquired 5.86% (74L shares) off-market from fellow promoter Robust for Rs129 Cr, promoter group flat at 45.63%
- EFC (I)↓(BULLISH)▲
Incorporated 100% sub EFC Estate Wakadewadi 2 for Godrej Eternia property demerger, realty expansion
- Euro Panel Products↓(BULLISH)▲
Incorporated 51% sub Euro Sealant for chemicals/sealants mfg, at FV subscription
- Unimech Aerospace↓(BULLISH)▲
Analyst meet audio on acquisition update Apr 28 released, high materiality signal
Risk Flags(10)
- AMPVOLTS / Pledge↓[HIGH RISK]▼
Promoter AV AC DC Renew pledged addl 29.24L shares (20.58%) for WC loan, total encumbered 34.65L (13.47% equity), promoter hold steady 55.25%
- Neogen Chemicals / Pledge↓[HIGH RISK]▼
Promoter Dr. Harin Kanani pledged 20.19L shares (7.65%) for group borrowing, total hold 12.65%, revised post-BSE query
- Ashoka Buildcon Sub / Financials[MEDIUM RISK]▼
ABSRPL income -65.6% YoY FY25 to Rs17,123 lakh from Rs49,779 lakh
- JK Cement SPV / Weak Financials[MEDIUM RISK]▼
Truere Current NIL turnover, PAT -Rs37.14 Cr, networth Rs35.93 Cr as on Mar 2025
- Brigade JV Sub / NIL Revenue[MEDIUM RISK]▼
Vibrancy Real Estates NIL turnover FY23-26, new 2M sq ft project unproven
- Siyaram Recycling / Insider Sale↓[MEDIUM RISK]▼
Param Value/Mukul Agrawal sold 8.63L shares (3.96%) Feb-Apr, hold down 10.1% to 6.14%
- SAIL / SAST Intent[MEDIUM RISK]▼
LIC intends substantial acquisition, no size disclosed, medium risk uncertainty
- Rudra Ecovation / Scheme Hearing↓[MEDIUM RISK]▼
Petition hearing notice published Apr 28 for Shiva Texfabs amalgamation, NCLT outcome pending
- Sai Capital / Pledge Release↓[LOW RISK]▼
Partial release 11.7% but 27.66% still encumbered post
- PTC India / FII Sale↓[LOW RISK]▼
BlackRock sold 0.28% (0.83L shares) on-market Apr 17, hold 3.35% to 3.07%
Opportunities(10)
- Gujarat Gas Merger / Arbitrage(OPPORTUNITY)◆
Composite scheme effective ~May 1 post RoC filing, record May 12 for share swaps, 10:305/10:13 ratios, monitor GSPC/GSPL price convergence
- Shreeji Shipping / Fleet Expansion↓(OPPORTUNITY)◆
8,810 DWT vessels at low draft for minor ports, Rs55 Cr deal paid, delivery May 1, coastal revenue upside
- Avi Polymers / Promoter Buyback↓(OPPORTUNITY)◆
Up to 5% open market buy post explosive FY26 growth (revenue 4,854x, debt-free), undervalued growth play
- Brigade Enterprises / JV Catalyst↓(OPPORTUNITY)◆
50:50 with AIF for 2M sq ft integrated project on owned land, Rs136 Cr investment at Rs539/share
- Kuber Udyog / FII Entry↓(OPPORTUNITY)◆
Green Horizon 5.64% stake signals interest, multiple SAST intents (Hiten Shah)
- Deepak Fertilisers / Promoter Shuffle(OPPORTUNITY)◆
Inter-promoter 5.86% transfer at Rs1,740/share (below VWAP Rs1,075? wait no, Rs129Cr/74L=Rs1,746), stable 45.63% group
- Unimech Aerospace / Acquisition↓(OPPORTUNITY)◆
Analyst meet on Apr 28 acquisition update, audio available, track for details
- Harig Crankshafts / Amalgamation↓(OPPORTUNITY)◆
Bd mtg May 6 on Ayushman Infratech merger continuation, trading window closed
- Vedanta / Demerger↓(OPPORTUNITY)◆
Investor presentation on post-demerger scenario available, monitor execution
- Azad Engineering / FII↓(OPPORTUNITY)◆
Nomura Fund SAST crossing, potential aerospace entry
Sector Themes(6)
- Energy Consolidation◆
Gujarat Gas/GSPC/GSPL/GEL mega-merger (4/41 filings, materiality 9-10/10) with 62 Cr shares issuance, record May 12; positive sentiment, portfolio-level infra integration [IMPLICATION: Buy GGL pre-record, short convergence plays]
- Neutral SAST Flood (24/41 filings)◆
Reg 29/31 disclosures (SAIL/LIC, Kuber/Hiten/Green Horizon, Deepak promoters) mostly no details, low-med materiality; 70% neutral sentiment [IMPLICATION: Monitor follow-ups for stake builds >5%]
- Promoter Pledges Rising◆
AMPVOLTS +11.37% encumbered to 13.47%, Neogen 7.65%, Sai partial release but 27% left; vs buys in Avi/Kuber [IMPLICATION: Caution on liquidity stress in smallcaps]
- Weak SPV Financials in Infra◆
JK Cement solar SPV PAT -Rs37 Cr NIL rev, Ashoka highway income -66% YoY, Brigade NIL x3 FYs [IMPLICATION: Parent investments strategic but monitor capex drag]
- Shipping/Realty Expansion◆
Shreeji Rs55 Cr vessels (positive), Brigade/EFC JVs/subs for projects [IMPLICATION: Capacity add amid logistics boom]
- Explosive Outliers◆
Avi Polymers revenue +4,854x FY26, networth Rs116 Cr debt-free vs peers NIL/declines [IMPLICATION: High-conviction growth screens]
Watch List(8)
Record date May 12 for share allotment, effective ~May 15 post INC-28 RoC filing [May 12-15, 2026]
Bd mtg May 6 on Ayushman amalgamation proposal, trading window closed till post-Q4 results [May 6, 2026]
Follow-up on Apr 28 analyst meet acquisition audio/transcript for deal terms [Immediate]
NCLT hearing on Shiva Texfabs amalgamation post Apr 28 notice [TBD 2026]
- SAIL👁
LIC SAST Reg29(2) intent disclosure, watch for size/open offer [Next 7-14 days]
Multiple SAST (Hiten Shah Reg29(2), Green Horizon 5.64% done), track further buys [Ongoing]
Pledge monitoring for releases/loan repayments, promoter holds stable but encumbered up [Q2 2026]
Post-demerger investor presentation impact on trading/structure [Immediate]
Filing Analyses(41)
29-04-2026
29-04-2026
BSE received revised disclosures under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for Mangalam Drugs & Organics Ltd (BSE: 532637) from Aditya Ramniwas Dhoot on April 29, 2026. No quantitative details such as shareholding percentages, transaction values, or changes in ownership were disclosed. This filing updates prior SAST disclosures but provides no additional facts on deal structure, financial impact, or strategic rationale.
29-04-2026
J. K. Cement Limited invested Rs.2,81,45,490 to subscribe to 21,84,000 equity shares (face value Rs.10 each at ~Rs.2.88 premium), acquiring 26% stake in Truere Current Private Limited, a SPV developing a 40 MWp solar power plant with BESS for supply to JKCL's Gotan plant under a PPA with Oriana Power Limited. The target entity shows weak financials with NIL turnover, PAT of ₹-37.14 Cr, and networth of ₹35.93 Cr as on 31.03.2025. This arms-length investment supports JK Cement's long-term renewable energy strategy despite the SPV's losses.
- ·Truere Current Private Limited (CIN U43222UP2024PTC201083) incorporated on 15-April-2024 with registered office at 202-203 Udyog Kendra, Ext.-II Bisrakh, Gautam Buddha Nagar, U.P. 201306
- ·Solar project location: Tehsil Bap, District Phalodi, Rajasthan
- ·Transaction not a related party transaction; conducted at arm's length
- ·No governmental/regulatory approvals or completion timeline required
29-04-2026
Vedanta Limited disclosed an investor presentation on the post-demerger scenario under Regulation 30 of SEBI (LODR) Regulations, 2015, made available on their website www.vedantalimited.com. The disclosure is signed by Prerna Halwasiya, Company Secretary and Compliance Officer. No financial metrics or performance data are included in this update.
- ·Scrip Code: BSE 500295, NSE VEDL
- ·Filing Date: April 29, 2026
- ·Disclosure Reference: VEDL/Sec./SE/26-27/22
29-04-2026
BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Hiten Shah for Kuber Udyog Ltd (539408). This filing indicates an intention to acquire or dispose of shares that would cross specified shareholding thresholds (typically 5% aggregate or 2% change). No quantitative details such as share count, percentage stake, transaction value, or financial impacts are disclosed.
29-04-2026
The Board of Directors of Gujarat Gas Limited (GGL) approved the Composite Scheme of Arrangement sanctioned by the Ministry of Corporate Affairs (MCA) on April 8, 2026 (received April 17, 2026), involving mergers/demergers with GSPC, GSPL, GEL, and resulting in GSPL Transmission Limited (GTL). GGL will change its name to Gujarat Energy Limited, adopt altered MoA/AoA, and issue an aggregate of 62,27,14,719 equity shares of INR 2 each (35,20,17,714 to GSPC shareholders and 27,06,97,005 to GSPL shareholders) based on specified share exchange ratios. The record date for eligibility is May 12, 2026, with the effective date expected around May 1, 2026 upon filing with RoC.
- ·Share exchange ratio for GSPC: 10 fully paid Equity Shares of INR 2 each of GGL for every 305 fully paid Equity Shares of INR 1 each of GSPC.
- ·Share exchange ratio for GSPL: 10 fully paid Equity Shares of INR 2 each of GGL for every 13 fully paid Equity Shares of INR 10 each of GSPL.
- ·Scheme previously approved by shareholders of GSPC, GSPL, and GGL on October 17, 2025.
- ·MCA sanction order dated April 8, 2026; Board meeting held April 29, 2026.
29-04-2026
SG Finserve Ltd (BSE: 539199) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, received by BSE, pertaining to Sanjay Gupta. This filing signals an intention to acquire shares or encumber shares that may cross specified thresholds under SAST. No quantitative details such as share count, percentage holdings, deal value, or transaction structure are disclosed in the filing.
29-04-2026
The Board of Directors of Gujarat Gas Limited approved the MCA-sanctioned Composite Scheme of Arrangement involving transferor companies GSPC, GSPL, and GEL into GGL (Transferee/Demerged Company) and resulting company GTL. The company will issue an aggregate of 62,27,14,719 equity shares of INR 2 each, specifically 35,20,17,714 shares to GSPC shareholders and 27,06,97,005 shares to GSPL shareholders, as per defined share exchange ratios. The name change to Gujarat Energy Limited was approved, effective upon RoC filings, with Record Date fixed as May 12, 2026, and Effective Date around May 1, 2026.
- ·GSPC Share Exchange Ratio: 10 fully paid Equity Shares of INR 2/- each of GGL for every 305 fully paid Equity Shares of INR 1/- each of GSPC
- ·GSPL Share Exchange Ratio: 10 fully paid Equity Shares of INR 2/- each of GGL for every 13 fully paid Equity Shares of INR 10/- each of GSPL
- ·Record Date: Tuesday, 12th May, 2026 (Record Date 1 and Record Date 2 for GSPC and GSPL shareholders)
- ·Effective Date: on or around Friday, 1st May, 2026 (filing of e-Form INC-28 with RoC, Ahmedabad)
- ·MCA Order Date: 8th April, 2026 (received 17th April, 2026)
- ·Shareholders' Meetings Approval: 17th October, 2025
29-04-2026
The Board of Directors of Gujarat Gas Limited approved the MCA-sanctioned Composite Scheme of Arrangement involving transferor companies GSPC, GSPL, GEL, and resulting company GTL, including issuance of 62,27,14,719 equity shares of ₹2 each (35,20,17,714 to GSPC shareholders and 27,06,97,005 to GSPL shareholders). The company will change its name to Gujarat Energy Limited upon RoC approvals, with Record Date fixed as May 12, 2026, and Effective Date around May 1, 2026. The scheme was previously approved by shareholders of GSPC, GSPL, and GGL on October 17, 2025.
- ·GSPC Share Exchange Ratio: 10 fully paid equity shares of ₹2 each of GGL for every 305 fully paid equity shares of ₹1 each of GSPC
- ·GSPL Share Exchange Ratio: 10 fully paid equity shares of ₹2 each of GGL for every 13 fully paid equity shares of ₹10 each of GSPL
- ·MCA sanction order dated April 8, 2026, received April 17, 2026
- ·Shareholder meetings approving scheme held October 17, 2025
29-04-2026
Sai Business and Consultancy Systems Private Limited filed a revised disclosure on April 29, 2026, regarding the release of pledge on 336,900 equity shares (11.70% of Sai Capital Limited's share capital) held by it, effective April 22, 2026, due to satisfaction of loan obligations. This revises the original disclosure dated April 24, 2026, which omitted certain details like the reason for release. No changes in total promoter holdings were reported, with Sai Agencies Private Limited holding 796,244 encumbered shares (27.66%) post-event.
- ·Disclosure filed with BSE Limited under Regulation 31(1) & 31(2) of SEBI Takeover Regulations.
- ·Original disclosure dated April 24, 2026, revised due to omitted details like reason for pledge release.
29-04-2026
The Board of Directors of Gujarat State Petronet Limited (GSPL) has noted the MCA sanction order dated 8 April 2026 for the Composite Scheme of Arrangement involving GSPL, GSPC, GEL as transferor companies, GGL as transferee/demerged company, and GTL as resulting company. GGL has fixed 12 May 2026 as the Record Date for allotting 27,06,97,005 equity shares of GGL (INR 2 face value) to GSPL shareholders at a ratio of 10 GGL shares for every 13 GSPL shares (INR 10 face value). GSPL securities will cease trading on BSE and NSE post-Record Date, with Effective Date around 15 May 2026 upon filing INC-28 with RoC Ahmedabad.
- ·Board meeting held on 29 April 2026 from 03:30 P.M. to 03:50 P.M.
- ·MCA sanction order received by GSPL on 17 April 2026.
- ·Effective Date as per Scheme Clause 1.14 and 70: date of filing e-Form INC-28 with RoC Ahmedabad, likely around 15 May 2026.
29-04-2026
Ashoka Buildcon Limited was allotted 1,45,20,000 equity shares of Rs.10/- each aggregating Rs.14.52 Crore by its wholly owned subsidiary Ashoka Baswantpur Singnodi Road Private Limited (ABSRPL) under a rights issue on April 29, 2026, increasing its total holding to 4,69,90,000 fully paid-up shares. ABSRPL's FY24-25 total income fell to Rs.17,123.43 lakh from Rs.49,778.62 lakh in FY23-24, representing a YoY decline of approximately 65.6%, while net worth improved to Rs.13,554.15 lakh from Rs.9,336.73 lakh (up 45.2% YoY). The subsidiary operates a highway development project under Bharatmala Pariyojana on Hybrid Annuity Mode.
- ·ABSRPL incorporated on April 12, 2022
- ·ABSRPL acts as SPV for NHAI-awarded highway project
- ·Transaction is cash consideration at arm's length; no governmental approvals required
- ·ABSRPL remains 100% wholly owned subsidiary post-allotment
29-04-2026
Brigade Enterprises Limited has allotted securities to itself and GSS India Opportunities AIF Scheme I (Investor), converting its former wholly-owned subsidiary Vibrancy Real Estates Private Limited (VREPL) into a 50:50 joint venture effective April 29, 2026. The Company acquired 25,31,706 equity shares at Rs. 538.89 each aggregating to Rs. 136,43,11,046.34 and 10,00,000 Optionally Convertible Redeemable Preference Shares (OCRPS) at Rs. 10 each aggregating to Rs. 1,00,00,000. VREPL, with NIL turnover for FY 2025-26, 2024-25, and 2023-24, will develop an integrated project of around 2 million square feet comprising office and hotel spaces.
- ·VREPL incorporated on February 21, 2022
- ·Turnover for FY 2025-26, 2024-25, 2023-24: NIL
- ·Project on industrial vacant land held by the Company
- ·SHA and SSA executed on April 26, 2026
- ·Allotment approved by VREPL board on April 29, 2026
29-04-2026
Promoter AV AC DC Renew Private Limited created a pledge over 29,23,980 equity shares (20.58% of total share capital) of Ampvolts Limited in favor of MUFIN Green Finance Limited on March 4, 2026, for a working capital loan availed by the company. This revised disclosure under SEBI SAST Regulations corrects an omission in prior reporting, confirming pre-event encumbered shares of 5,40,541 (2.10%) and post-event total encumbered shares of 34,64,521 (13.47%), with total promoter holding unchanged at 1,42,05,278 shares (55.25%). No other changes in holdings or additional encumbrances reported.
- ·Disclosure reported to BSE on April 28, 2026, revising intimation from March 28, 2026 due to omission in pre-event encumbered shares details.
- ·Pledge created for working capital loan; encumbered shares <50% of promoter holding and <20% of total share capital.
- ·No other existing events or agreements pertaining to encumbrance.
29-04-2026
Euro Panel Products Limited incorporated a new subsidiary, Euro Sealant Private Limited, in Tamil Nadu effective April 28, 2026, by subscribing to 51% of its share capital at face value, resulting in subsidiary status. The subsidiary has authorized capital of ₹50,00,000 and will engage in manufacturing, processing, trading, and dealing in chemicals, sealants, adhesives, polymers, and allied products. Mr. Divyam Rajesh Shah, a director of the parent company, has been appointed as a director in the subsidiary; no related party transaction concerns noted.
- ·Industry: Chemicals, adhesives, sealants and allied polymer products
- ·No governmental or regulatory approvals required
- ·Cash consideration via subscription to equity shares at face value
- ·Turnover/Size: Not Applicable (newly incorporated)
29-04-2026
Dr. Harin Haridas Kanani, promoter of Neogen Chemicals Limited, disclosed the creation of a pledge on 20,19,167 equity shares (7.65% of paid-up capital) held by him, in favor of Axis Trustee Services Limited on April 13, 2026, to facilitate borrowing by promoter group entity Cadamba Solutions Private Limited from Avendus Structured Credit Fund III. This is a revised disclosure following a BSE query, with his total holding remaining at 33,38,250 shares (12.65%). No other changes in promoter group holdings were reported.
- ·Haridas Kanani Family Trust holds 52,76,500 shares (20.00%).
- ·Beena Kanani Family Trust holds 26,38,250 shares (10.00%).
- ·Disclosure revised due to BSE email dated April 27, 2026, on discrepancy.
29-04-2026
EFC (I) Limited incorporated a wholly-owned subsidiary, EFC Estate Wakadewadi 2 Private Limited, on April 29, 2026, in India, focused on real estate as a service. The subsidiary will hold or acquire property situated at the 2nd floor, B Wing, Godrej Eternia commercial complex via demerger from EFC Limited, a material wholly-owned subsidiary. Shares were subscribed for Rs. 1,000, comprising 100 equity shares of Rs. 10 each, conferring 100% ownership to the listed entity.
- ·Property details: 2nd floor, B Wing/building, Final Plot bearing No. 64/A1, 64/B1 and 64/B2, village Bhamburda, Shivaji Nagar, Taluka Pune City, District Pune, within Pune Municipal Corporation limits.
- ·Certificate of Incorporation received from Ministry of Corporate Affairs on April 29, 2026.
- ·Listed entity CIN: L74110PN1984PLC216407.
- ·No governmental or regulatory approvals required for incorporation.
- ·Nature of consideration: Cash.
29-04-2026
Unimech Aerospace and Manufacturing Limited disclosed under Regulation 30 of SEBI LODR the availability of an audio recording of an Analyst/institutional investor meet held on April 28, 2026, focused on an Acquisition update. The recording is accessible on the company's website at unimechaerospace.com/documents/StockExchangeFilings/FilingsunderRegulation30/2026-27/10042333.mp3. No specific financial details or outcomes from the acquisition were provided in the filing.
- ·Stock symbol: UNIMECH; Scrip Code: 544322
- ·Filing signed digitally on April 29, 2026, at 10:34:16 +05'30'
- ·DIN: 07004517
29-04-2026
Shivansh Finserve Ltd (BSE: 539593) filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, stating that the exchange received a disclosure from Sanjeev Lunkad & PACs regarding substantial acquisition of shares or change in shareholding. No quantitative details such as share count, percentage change, pre/post holdings, transaction value, or financial impact were provided in the filing. This is a mandatory regulatory disclosure with no additional operational or financial metrics mentioned.
29-04-2026
Shreeji Shipping Global Limited executed Vessel Purchase Agreements on April 28, 2026, to acquire two Mini Bulk Carrier vessels, M.V. Gautam BSTAR II (IMO No. 9823948, 4408.50 DWT) and M.V. Sanghi Sudarshan (IMO No. 9823936, 4402.30 DWT), from Gautam Freight Private Limited for an aggregate consideration of ₹55,66,05,000 inclusive of GST (₹27,83,02,500 per vessel). The ICV-classed vessels, totaling 8,810.80 DWT, feature low draft profiles for servicing minor ports, strengthening the company's fleet, coastal operations, and revenue potential. Delivery is scheduled on or before May 1, 2026, at Bedi Port Anchorage, with full payment made via RTGS on April 27, 2026.
- ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.
- ·No shareholding by seller in the company; transaction not a related party transaction.
- ·Seller to provide NOC for operations until ownership transfer.
- ·Delivery at Bedi Port Anchorage upon Protocol of Delivery and Acceptance (PODA).
29-04-2026
Param Value Investments, through partner Mukul Agrawal, disclosed under SEBI Regulation 29(2) the sale of 8,62,500 equity shares (3.958%) of Siyaram Recycling Industries Ltd. (BSE: 544047) via open market transactions from February 25, 2026, to April 22, 2026. This reduced their holding from 22,00,000 shares (10.097%) to 13,37,500 shares (6.138%). The company's total equity share capital remains 2,17,89,212 shares of Rs.10 each, aggregating to Rs. 21,78,92,120.
- ·Transaction mode: Open market.
- ·Disclosure filed on April 23, 2026.
- ·Acquirer not part of Promoter/Promoter Group.
- ·Shares listed on BSE Limited.
29-04-2026
Rudra Ecovation Limited (formerly Himachal Fibres Limited) has disclosed newspaper publications of the notice for the hearing of the joint Company Petition under Sections 230 & 232 of the Companies Act, 2013, for the proposed Scheme of Amalgamation with Shiva Texfabs Limited. The notices were published on April 28, 2026, in Financial Express (English, page 27), Dainik Bhaskar (Hindi, Himachal Pradesh Edition), and Ludhiana Bani (Punjabi, page 2, Ludhiana Edition). This compliance is pursuant to SEBI LODR Regulation 47, with copies enclosed to BSE Limited on April 29, 2026.
- ·Publication newspapers: Financial Express (page 27), Dainik Bhaskar (Himachal Pradesh Edition), Ludhiana Bani (page 2, Ludhiana Edition)
- ·Legal basis: Sections 230 & 232 of Companies Act, 2013; Companies (Compromises, Arrangements and Amalgamations) Rules, 2016
- ·Registered Office: Plot No. 43-44, Industrial Area, Barotiwala-174103 (HP)
- ·Corporate Office: 4th Floor, Wood Stock Tower, B-35/958, Adarsh Nagar, Ferozepur Road, Opposite Waves Mall, Ludhiana-141012, Punjab
- ·CIN: L17119HP1980PLC031020
29-04-2026
Azad Engineering Ltd (544061) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE, pertaining to Nomura India Investment Fund Mother Fund. The filing indicates a shareholding change crossing regulatory thresholds by the fund, but no details on acquisition volume, percentage stake, valuation, or transaction structure are provided. No quantitative metrics, financial impacts, or further context are disclosed.
29-04-2026
Mangalam Global Enterprise Ltd (544273) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on April 29, 2026, pertaining to Varsha Adhikari. This filing indicates a substantial acquisition or disposal of shares by Varsha Adhikari crossing specified thresholds. No additional details on transaction size, shareholding changes, or financial impact are provided in the filing.
29-04-2026
Iykot Hitech Toolroom Ltd (BSE: 522245) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, pertaining to Likhitta Dugar. This filing indicates a substantial acquisition or disposal of shares crossing specified thresholds, as received by the BSE on April 29, 2026. No quantitative details such as share count, percentage change, transaction value, or strategic rationale are disclosed in the filing.
29-04-2026
SCM Commercial Private Limited acquired 74,00,000 equity shares, constituting 5.86% of the paid-up equity share capital, of Deepak Fertilisers And Petrochemicals Corporation Limited from Robust Marketing Services Private Limited on April 22, 2026, through an off-market inter-se transfer between promoters, exempt under Regulation 10(1)(a)(iii) of SEBI (SAST) Regulations, 2011. This increased SCM's shareholding from 0% to 5.86%, while Robust's holding declined from 8.77% (1,10,67,301 shares) to 2.91% (36,67,301 shares), with the overall promoter/promoter group shareholding remaining flat at 45.63% (5,76,03,547 shares). The total consideration for the acquisition was INR 1,29,16,67,644.
- ·Prior intimation of proposed acquisition disclosed to stock exchanges on March 23, 2026 under Regulation 10(5)
- ·Volume weighted average market price (VWAP): 1075.27 for 60 trading days preceding March 23, 2026
- ·Acquisition price not exceeding limits under proviso (i) to Regulation 10(1)(a) of SEBI (SAST) Regulations
- ·Target company ISIN: INE501A01019; BSE Code: 500645; NSE Code: DEEPAKFERT
29-04-2026
BSE announced on April 29, 2026, the receipt of a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to Visa Infra Ltd, filed on April 28, 2026, by Visa Steel Ltd (BSE: 532721). No details on deal structure, parties, valuation, shareholding changes, or transaction specifics are provided in the filing. This is a compliance disclosure with no quantitative metrics or financial impacts disclosed.
29-04-2026
BSE received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for Aspect Global Ventures Pvt Ltd regarding Iykot Hitech Toolroom Ltd (BSE: 522245). No details on acquisition size, structure, valuation, or shareholding changes were provided in the filing. This is an early-stage SAST disclosure typically triggered by intent to acquire 5%+ stake or 2%+ change.
29-04-2026
Amerise Biosciences Ltd (531681) has filed a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE, pertaining to Snehjeev Ventures Pvt Ltd and its Persons Acting in Concert (PACs). No details on share acquisition volume, percentage change, valuation, deal structure, or strategic rationale are provided in the filing. This is an early-stage regulatory intimation requiring further disclosures for assessment.
29-04-2026
BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for VISA Infra Ltd in relation to Visa Steel Ltd (BSE: 532721). This filing indicates a potential substantial acquisition or change in shareholding threshold by VISA Infra Ltd. No details on deal structure, valuation, share counts, percentages, or other financial metrics are disclosed.
29-04-2026
Centrum Capital Ltd (BSE: 501150) has disclosed receipt of a filing under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from JBCG Advisory Services Pvt Ltd on April 28, 2026. No specific details on shareholding percentages, transaction volumes, or changes are provided in the filing. This is an informational compliance disclosure with no quantitative metrics or financial impacts mentioned.
29-04-2026
Vinati Organics Ltd filed revised disclosures under Regulation 31(1) and 31(2) of SEBI (SAST) Regulations, 2011, which were received by BSE on April 29, 2026, pertaining to Suchir Chemicals Pvt Ltd. No quantitative details such as shareholding percentages, transaction values, or changes in ownership are explicitly stated in the filing. This is a compliance update with no additional facts on deal structure, financial impact, or strategic rationale provided.
29-04-2026
BlackRock, Inc. (on behalf of discretionary management clients) disclosed under SEBI Regulation 29(2) a disposal of 831,417 shares (0.28%) in PTC India Limited via on-market transaction on April 17, 2026, reducing its aggregate holding from 9,916,313 shares (3.35%) to 9,084,896 shares (3.07%). The total equity share capital/voting capital of PTC India Limited before and after the disposal remains 296,008,321 shares, with no change in encumbrances, warrants, or other instruments. This represents a decrease of approximately 8.4% in BlackRock's shareholding quantum from the pre-disposal level.
- ·Disclosure filed with BSE on April 29, 2026 from Wilmington, Delaware, USA
- ·No shares in encumbrance, voting rights otherwise than shares, or warrants/convertible securities before or after disposal
- ·Mode of disposal: On Market Transaction
29-04-2026
Gayatri Projects Ltd (BSE: 532767) has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Antara India Evergreen Fund Ltd. This filing indicates Antara's intention to acquire shares in Gayatri Projects that may cross substantial acquisition thresholds (typically 5% or incremental changes). No details on stake size, transaction value, valuation, or other terms are disclosed in the filing.
29-04-2026
BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Malavika Aatur Mehta for EMA India Ltd (BSE: 522027) on April 29, 2026. This filing confirms compliance with SAST requirements for reporting changes in shareholding that cross specified thresholds (typically 2% after initial 5%). No quantitative details such as share count, percentage change, transaction value, direction (acquisition or disposal), pre/post holdings, or strategic rationale are disclosed.
29-04-2026
Green Horizon Fund PCC - Cell 1, not part of the promoter/promoter group, acquired 1,93,636 equity shares representing 5.64% of Kuber Udyog Limited's share capital via open market purchase on April 28, 2026. Prior to the acquisition, the acquirer held nil shares, resulting in a post-acquisition holding of 5.64%. The total equity share capital of Kuber Udyog Limited is Rs. 3,43,30,000 divided into 34,33,000 equity shares of Rs. 10 each, unchanged by the transaction.
- ·Mode of acquisition: Open Market purchase
- ·Date of intimation/filing: April 29, 2026
- ·PAN of acquirer: AAMCG2742G
- ·Acquirer not belonging to Promoter/Promoter group
29-04-2026
A shareholder in Nilachal Refractories Ltd. disclosed a complete exit via sale of shares on April 22, 2026, reducing their holding from 11.05% of the total capital before the transaction to 0% afterward. No shares carrying voting rights, encumbrances, or convertible instruments were acquired or held post-transaction. The disclosure was signed in Kolkata on April 24, 2026.
- ·Date of acquisition/sale: 22.04.2026
- ·Disclosure signed: 24.04.2026, Kolkata
- ·Filing date: April 29, 2026
- ·Mode of acquisition/sale: Not specified (e.g., open market/off-market)
- ·Total diluted share/voting capital after: 0
29-04-2026
AVI Polymers Ltd. promoters and promoter group intend to acquire up to 5% of the total paid-up equity share capital through open market transactions in a phased manner, in compliance with SEBI regulations. This move follows strong FY26 financial results, including revenue surging 4,854x to 3312.11 Crore, net profit expanding 25x, net worth reaching 115.99 Crore, and achieving a 100% debt-free balance sheet, alongside launches of wholly-owned AI subsidiaries KrishiBuddy and AVI Health AI. The acquisition reflects promoters' confidence in the company's high-growth trajectory.
- ·Scrip Code: 539288
- ·Acquisitions to comply with SEBI (SAST) Regulation 3(2) creeping limits and SEBI (PIT) Regulations, including trading window norms
- ·Transactions to be disclosed as executed
29-04-2026
Nilachal Refractories Ltd (BSE: 502294) has filed a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to SFAL Speciality Alloys Ltd. This indicates an intention to acquire shares that may cross substantial acquisition thresholds in SFAL Speciality Alloys Ltd. No further details on deal structure, valuation, stake percentage, or financial terms are disclosed in the filing.
29-04-2026
Harig Crankshafts Limited has scheduled a Board of Directors meeting on May 6, 2026, to further discuss the proposal for amalgamation of Ayushman Infratech Limited with the company, in continuation of the board meeting held on March 13, 2026. The trading window for designated persons and their immediate relatives remains closed since April 1, 2026, and will reopen 48 hours after the declaration of financial results for the quarter and financial year ended March 31, 2026. No financial metrics or performance data are disclosed in this intimation.
- ·CIN: L68200UP1983PLC026603
- ·BSE Scrip Code: 500178
- ·Trading window closure effective from April 01, 2026
Get daily alerts with 12 investment signals, 10 risk alerts, 10 opportunities and full AI analysis of all 41 filings
More from: India Merger Acquisition MCA Regulatory Filings
April 21, 2026
India Merger Acquisition MCA Regulatory Filings — April 21, 2026
April 20, 2026
India Merger Acquisition MCA Regulatory Filings — April 20, 2026
April 18, 2026
India Merger Acquisition MCA Regulatory Filings — April 18, 2026
April 17, 2026
India Merger Acquisition MCA Regulatory Filings — April 17, 2026
🇮🇳 More from India
View all →April 22, 2026
India Pre-Market Regulatory Roundup — April 22, 2026
India Pre-Market Regulatory Roundup
April 22, 2026
India Quarterly Results BSE NSE Announcements — April 22, 2026
India Quarterly Results BSE NSE Announcements
April 22, 2026
India Upcoming Corporate Actions BSE NSE — April 22, 2026
India Upcoming Corporate Actions BSE NSE
April 22, 2026
India RBI Banking Regulatory Enforcement Actions — April 22, 2026
India RBI Banking Regulatory Enforcement Actions