Tag
M&A
23 articles
Mergers and acquisitions activity remains robust across various sectors in India. Recent deals include Polyplex Corporation's acquisition of a 51% stake in PDPL for ₹73.49 crore, and Tata Consultancy Services' acquisition of BBY Services India LLP, an AI-focused IT firm, for INR 1 Lakh. Dodla Dairy completed a small acquisition of 2% in Sids Farm, while Shanti Overseas divested its stake in Shaan Agro Oils. Sigma Advanced Systems' annual report highlighted strategic divestments and acquisitions, and G-Tec Jainx Education faces a mandatory open offer. These developments, alongside shifts in promoter control at companies like Kesoram Industries and Bliss GVS, underscore a dynamic M&A landscape, potentially reshaping industry structures and creating opportunities for strategic growth and consolidation.
Ashoka Buildcon Extends BS SPV Sale to Oct 2026
Ashoka Buildcon extends expected completion date for sale of Ashoka Baswantpur Singnodi Road Private Limited subsidiary to October 31, 2026.
Company and investor mutually agreed to extend timelines to
Polyplex Finalizes PDPL Acquisition at ₹73.49 Crore
Polyplex Corporation Board approves final sale consideration of ₹73.49 crore for 51% stake acquisition in PDPL.
Board approves additional payment of ₹11.39 crore to sellers based on post-closing adjus
TCS Acquires BBY Services India LLP for INR 1 Lakh
Tata Consultancy Services acquires 100% of BBY Services India LLP, an AI-focused IT services firm with 450 employees, for a cash consideration of INR 1 Lakh.
The acquisition aims to establish an AI Na
Dodla Dairy Completes 2% Sids Farm Acquisition
Dodla Dairy Limited completed acquisition of 2% equity stake in Sids Farm Private Limited.
The company acquired 27,708 shares for ₹11.65 crore, finalized on 30 September 2026.
Disclosure made under SE
Shanti Overseas Divests 100% Stake in Shaan Agro
Shanti Overseas received ₹45,600 sale consideration for divesting its 100% stake in material subsidiary Shaan Agro Oils & Extractions.
The Board and shareholders approved the disinvestment of 45.6 lak
Sigma Advanced Systems 26th AGM Approves Financials, Director Reappointment
Sigma Advanced Systems held its 26th AGM on September 30, 2026, via video conference to adopt FY26 financial statements and reappoint a director.
FY26 consolidated revenue stood at ₹787.68 crore with
G-Tec Jainx Education 26% Open Offer at ₹29
G-Tec Education Private Limited and Roychand Chenraj launch a mandatory open offer for 26% of G-Tec Jainx Education shares at ₹29 per share.
The offer is triggered by their acquisition of a 12% stake
Bliss GVS Promoters Reclassified to Public Category
Board approved reclassification of 27 promoter group entities to public category post takeover completion.
Anupam Rasayan India Limited acquired control via share purchase agreement and open offer.
To
JBCG Advisory's ₹1.84 Crore Oscar Global Open Offer
• JBCG Advisory Services launches mandatory open offer for 18.36 lakh shares (3.60%) of Oscar Global at ₹10/share, triggered by preferential allotment and promoter share purchase.
• Open offer size re
Persistent Systems Q1 Investor Meet & Nagarro Acquisition
Persistent Systems held one-on-one investor meets with six major mutual funds on September 22, 2026, to discuss Q1 FY27 performance.
The company reported Q1 FY27 revenue of $452.4M with 16.0% YoY grow
Nimesh Singh Open Offer for 26% of Oseaspre
Nimesh Sahadeo Singh launches mandatory open offer for 1,82,000 shares (26%) of Oseaspre Consultants at ₹48/share.
Offer triggered by SPA for 1,47,043 shares and preferential allotment of 3,25,000 sha
Arnold Holdings Open Offer Corrigendum Adds PAC Details
Sobhagya Capital issues corrigendum to Arnold Holdings open offer announcement, adding omitted PAC details.
Open offer for 39% stake at ₹12.50/share triggered by acquirers' share purchase agreement.
A
Kesoram Industries Control Shift to Frontier Warehousing
Frontier Warehousing completed acquisition of 42.80% stake in Kesoram Industries, becoming the new promoter on September 12, 2026.
Board approved resignation of three directors and appointment of five
Jai Mata Glass Open Offer Results: 1084 Shares Tendered
Acquirers Ashwani Gulati, Kiran Gulati, and Veerasha Trust completed an open offer for 26% of Jai Mata Glass Limited shares at ₹1.85 per share.
The offer received only 1,084 shares against the intende
Niks Technology Open Offer for 26% at ₹136/Share
Acquirers Nilesh Patel, Vishal Patel, and Bharatkumar Keshrani launch a mandatory open offer for 26% of Niks Technology at ₹136 per share.
The offer is triggered by a preferential allotment of shares
Shalimar Paints Q1 Loss ₹20.78cr, Approves Major Fundraising
Shalimar Paints reported Q1 FY2027 standalone net loss of ₹20.78 crore with revenue of ₹137.25 crore, showing continued financial challenges.
Board approved massive capital restructuring including aut
South India Paper Mills Open Offer for 26% at ₹120
Nandini Modi and Kirit Modi launch mandatory open offer for 26% stake in South India Paper Mills at ₹120 per share.
Offer triggered by Share Purchase Agreement to acquire 20.21% from Harshad and Rajul
AAR Shyam India 26% Open Offer at Rs 15/Share
Acquirers launch mandatory open offer for 26% of AAR Shyam's post-preferential capital at Rs 15/share, triggered by preferential allotment and promoter share purchase.
Preferential issue of 1.95 crore
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
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