Tag

M&A

28 articles
Mergers, acquisitions, and share issuances are reshaping the Indian corporate landscape. Several companies are undergoing ownership changes, including J.B. Chemicals merging with Torrent Pharmaceuticals, and Ambuja Cements completing a share allotment related to the Sanghi Industries merger. Desi Farms raised ₹37.88 crore through a convertible preference share issue to fund an acquisition, while 7NR Retail is poised to acquire Cultureantique Jewellery via a share swap. CapitalNumbers bolstered its Salesforce capabilities with the acquisition of US-based Epitome Cloud for ₹40 crore, and Aspect Global Ventures is undertaking open offers for Duke Offshore and Iykot Hitech, signaling continued consolidation and strategic shifts within various sectors.
NCLT Approves J.B. Chemicals-Torrent Pharma Merger
NCLT Ahmedabad sanctions the Scheme of Amalgamation merging J.B. Chemicals & Pharmaceuticals with Torrent Pharmaceuticals. The scheme becomes effective upon filing the certified court order with the R
Desi Farms Allots ₹37.88 Cr CCPS via Preferential Issue
Desi Farms India allotted 28.06 lakh 3% convertible preference shares at ₹135 each, aggregating ₹37.88 crore, to 152 investors on preferential basis. Allotment was approved by board on July 4, 2026, p
Ambuja Cements Allots Shares Under Sanghi Merger
Ambuja Cements completed share allotment to Sanghi Industries shareholders under NCLT-approved merger scheme effective March 12, 2026. Allotted 12 Ambuja shares for every 100 Sanghi shares held, with
7NR Retail to Acquire Cultureantique Jewellery via Share Swap
7NR Retail Limited board meeting scheduled for July 8, 2026 to approve acquisition of 100% equity shareholding of Cultureantique Jewellery Private Limited. Acquisition consideration to be discharged t
Mark Corporate Advisors Antariksh Open Offer DPS Published
Mark Corporate Advisors published a Detailed Public Statement for an open offer to acquire up to 26% stake in Antariksh Industries Ltd. The offer follows a Share Purchase Agreement to buy 9.10% from a
CapitalNumbers Acquires Epitome Cloud for ₹40 Crore
CapitalNumbers Infotech Limited executed a stock purchase agreement to acquire 100% of US-based Epitome Cloud Inc. for approximately ₹40 crore. The acquisition includes Epitome's Indian subsidiary and
Oxford Industries Open Offer Accepts Only 6 Shares
Saroj Kumar Choudhury's open offer for 26% of Oxford Industries closed with only 6 shares tendered versus 15.45 lakh offered. The acquirer paid consideration on July 2, 2026, following the offer perio
Antariksh Industries Promoter Sells 73.48%, Preferential Issue Approved
Board approved a Share Purchase Agreement for existing promoter Gitaben Patel to sell her 73.48% stake to Riddhi Infocom LLP and Alpitkumar Gor. Board approved a preferential issue of 22.25 lakh share
Shantai Industries Open Offer Receives Zero Acceptances
Post-offer advertisement discloses zero equity shares were tendered by public shareholders in the mandatory open offer for Shantai Industries. Open offer was for 1.92 million shares (25.6% voting capi
Emirates NBD RBL Bank Open Offer Results
Emirates NBD Bank announces open offer results for 26% stake in RBL Bank at ₹282.38 per share. No shares were acquired through the open offer tender process, resulting in zero acceptance. Target compa
Colinz Labs 26% Open Offer at ₹54/Share
Annjana, Likhitta, and Antariksh Dugar with Padam Dugar launch a mandatory open offer for 26% of Colinz Laboratories at ₹54 per share. The offer is triggered by their agreement to acquire 34.56% from
Smart Services Open Offer for 25% of Sharp India
Smart Services Private Limited launches open offer to acquire 64.86 lakh equity shares (25% stake) in Sharp India Limited at ₹10 per share. The offer price of ₹10 per share was deemed justified by Sha
Emirates NBD RBL Bank Open Offer Zero Shares Tendered
Discloses that zero equity shares were tendered by public shareholders in Emirates NBD's open offer for a 26% stake in RBL Bank. The open offer is for 415,586,443 shares and is being managed by J.P. M
Aspect Global Ventures Duke Offshore 26% Open Offer
Aspect Global Ventures launches mandatory open offer for 26% of Duke Offshore at ₹30/share, triggered by acquiring 70.61% stake from promoters. The open offer size is 25,62,872 shares worth ₹7.69 cror
AVI Products Open Offer Accepts 5,014 Shares
Mark Corporate Advisors submitted a post-offer advertisement for PPMS Real Estates LLP's open offer for AVI Products India. The open offer to acquire 26% of AVI at ₹33/share closed with only 5,014 sha
Emirates NBD RBL Bank Open Offer Zero Tenders
Disclosure confirms zero equity shares tendered in Emirates NBD's open offer for 26% stake in RBL Bank as of June 09, 2026. The open offer is being made pursuant to SEBI SAST Regulations for acquisiti
Aspect Global's ₹2.29 Crore Iykot Hitech Open Offer
Aspect Global Ventures launches mandatory open offer for 26% of Iykot Hitech's voting capital at ₹8.50 per share, aggregating ₹2.29 crore. The offer follows Aspect's acquisition of 34.58% stake and co
Onix Renewable's ₹115 Sarda Proteins Open Offer
Onix Renewable launches mandatory open offer for 19.28% of Sarda Proteins at ₹115 per share, triggered by warrant conversion under SEBI SAST Regulations. Total offer consideration amounts to ₹19.90 cr
Smart Services Acquires 75% Stake in Sharp India
Smart Services Private Limited disclosed acquisition of 75% stake in Sharp India Limited via off-market purchase. The transaction involved 1.95 crore shares at Rs. 10 per share pursuant to Share Purch
Midland Polymers Open Offer Schedule Corrigendum
Navigant Corporate Advisors issued a corrigendum to the detailed public statement for an open offer to acquire 26% of Midland Polymers. The open offer schedule has been revised, pushing key dates incl
Restaurant Brands Asia Receives CCI Approval for Control Acquisition
Restaurant Brands Asia received CCI approval for a complex transaction involving preferential issue and share purchase. Acquirers led by Lenexis Foodworks will inject ₹900 crore via equity and ₹600 cr
Jana Holdings Sells 4.9% Stake in Jana SFB
Jana Holdings Limited sells 5.16 million equity shares (4.9% stake) in Jana Small Finance Bank to TVS Motor Company. The transaction value is ₹193.31 crore as per Share Purchase Agreement dated May 18
Kwality Wall's Open Offer Results: 0.01% Acceptance
Kwality Wall's discloses post-offer advertisement for Magnum Ice Cream's mandatory open offer for 26% equity shares at ₹21.33 per share. The open offer received minimal acceptance of only 142,126 shar
Amphenol Completes ADC India Open Offer Acquisition
Amphenol Corporation discloses acquisition of 14 ADC India shares via completed open offer under SEBI takeover regulations. The transaction grants Amphenol indirect control over 72.02% of ADC India's
Manappuram Finance Open Offer Receives Zero Shares
Discloses zero equity shares tendered by public shareholders in Bain Capital's open offer for 26% of Manappuram Finance. The disclosure is based on the escrow demat account statement received from Ven
Manappuram Finance Open Offer Receives Zero Share Tenders
Kotak Mahindra Capital discloses that zero equity shares were tendered by public shareholders in the open offer for Manappuram Finance. The open offer, managed by Kotak Mahindra Capital, sought to acq
Manappuram Finance Open Offer Receives Zero Shares
Disclosure to BSE and NSE confirming zero equity shares were tendered by public shareholders in the open offer for Manappuram Finance as of April 8, 2026. The open offer aimed to acquire up to 24.42 c
Manappuram Finance Open Offer Zero Shares Tendered
Disclosure confirms zero equity shares tendered by public shareholders in Bain Capital's open offer for 26% stake in Manappuram Finance as of April 7, 2026. The tender is subject to validation of docu