Tag
M&A
22 articles
Mergers and acquisitions activity is accelerating across various sectors in India, reflecting strategic shifts and growth ambitions. Recent deals include Indo Borax & Chemicals acquiring a majority stake in Kronox Lab Sciences, triggering a change in control and open offer, while True Colors Limited is merging with Inkia Inks to achieve backward integration. Alivus Life Sciences is expanding its CDMO capabilities through an acquisition of IQGenX Pharma, and EFC Limited plans a share swap to acquire Ultrafresh Modular Solutions. Lloyds Engineering’s acquisition of SISCOL aims to create operational synergies and facilitate a future listing, highlighting a broader trend of consolidation and expansion within the Indian corporate landscape.
Kronox Lab Sciences Promoters Sell 64.26% Stake
Promoters Ketan Ramani, Pritesh Ramani, and Jogindersingh Jaswal sold their 64.26% stake in Kronox Lab Sciences to Indo Borax & Chemicals for ₹103.22 per share.
The transaction triggers a mandatory op
Kronox Lab Sciences Promoters Sell 64.26% Stake
Promoters Ketan Ramani, Pritesh Ramani, and Jogindersingh Jaswal executed a Share Purchase Agreement to sell their collective 64.26% stake in Kronox Lab Sciences to Indo Borax & Chemicals.
The transac
True Colors NCLT Order for Inkia Inks Merger
NCLT Ahmedabad approved the Scheme of Amalgamation for Inkia Inks' merger into True Colors Limited.
The Tribunal directed True Colors to convene meetings of its equity shareholders and unsecured credi
Alivus Life Sciences acquires 76% stake in IQGenX
Alivus Life Sciences acquires 76% stake in IQGenX Pharma for INR 91.2 million to expand into formulation development.
Acquisition enables integrated end-to-end platform for complex delivery formats in
Alivus Acquires 76% Stake in IQGEN-X for ₹9.12 Crores
Alivus Life Sciences board approved acquiring 76% stake in IQGEN-X Pharma Private Limited for approximately ₹9.12 crores.
The acquisition aims to provide end-to-end solutions in API and CDMO space, ex
EFC Limited Proposes Ultrafresh Acquisition via Share Swap
EFC Limited seeks shareholder approval via postal ballot for a preferential issue of 19.99 lakh shares to acquire 100% of Ultrafresh Modular Solutions.
The acquisition valued at ₹53.99 crore will be e
Lloyds Engineering Acquires 51.13% Stake in SISCOL
Lloyds Engineering Works Limited acquired a 51.13% controlling stake in Steel Infra Solutions Company Limited (SISCOL) for INR 626.40 crore.
The acquisition was executed through a combination of cash
PVP Ventures Transforms to Evervie Health with FY26 Profit
PVP Ventures reported standalone net profit of ₹72.32 lakhs for FY26, reversing from a ₹390.40 lakh loss in FY25, driven by real estate revenue growth and strategic healthcare acquisitions.
The compan
Kuber Udyog Open Offer for 26% at ₹23.35/Share
• Mandatory open offer for 3.20 crore shares (26% stake) in Kuber Udyog at ₹23.35/share triggered by acquisition of Golden Ikon.
• Offer triggered by SSSA where acquirers get 7.63 crore shares for Gol
Devinsu Trading Limited Open Offer for 26% Stake
Mandatory open offer by Jaison Vijay Shah, Mukesh Kumar Bothra, and Yora Gems & Jewellery to acquire up to 1,52,880 equity shares (26%) of Devinsu Trading at ₹355 per share, aggregating ₹5.43 crore.
O
Fabino Enterprises Open Offer Accepts Only 3,000 Shares
Aryaman Financial Services issued a post-offer announcement for Fabino Enterprises' open offer, mandated by SEBI Takeover Regulations.
The open offer to acquire 26% stake saw minimal acceptance of onl
Jai Mata Glass Open Offer for 26% at ₹1.85
• Mandatory open offer for 2.6 crore shares (26% stake) in Jai Mata Glass Ltd triggered by a promoter share purchase agreement.
• Acquirers Ashwani Gulati, Kiran Gulati, and Veerasha Trust will pay ₹1
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