India Merger Acquisition MCA Regulatory Filings — March 12, 2026

12-03-2026

AGI Infra Limited acquired 60% stake in Worldnext Realty LLP for a total cash consideration of ₹30 Cr, with ₹12 Cr paid in the first tranche and the balance of ₹18 Cr due by March 2026, aiming to expand into construction and real estate development. The target LLP, incorporated on May 15, 2021, had declining revenues from ₹11.50 Cr in FY23 to ₹4.35 Cr in FY24 (-62% YoY) and further to ₹3.21 Cr in FY25 (-26% YoY). This follows an initial intimation on August 28, 2025.

• ·Worldnext Realty LLP registered office: Block D, Hambran Road, New Kitchi Nagar, Ludhiana, Punjab 141001.
• ·No related party transaction; conducted at arm's length.
• ·No governmental or regulatory approvals required.
• ·LLP LLPIN: AAX-0360; AGI Infra CIN: L45200PB2005PLC028466.

12-03-2026

Power Grid Corporation of India Limited (POWERGRID) acquired 100% of NES Pune East New Transmission Limited (NPENTL), the SPV for establishing a 765/400 kV AIS substation and transmission lines in Maharashtra's Pune Region-I under the TBCB route, for an aggregate consideration of approximately ₹8.05 Crore on March 12, 2026. The acquisition aligns with POWERGRID's core power transmission business, with NPENTL incorporated on March 29, 2025, and yet to record any turnover. No prior related party interests existed, and requisite approvals for transmission license and charges are pending from the Maharashtra Electricity Regulatory Commission.

• ·NPENTL incorporated on 29.03.2025 by Bid Process Coordinator as per MoP guidelines.
• ·Acquisition price subject to adjustment per audited accounts as on 12.03.2026.
• ·No turnover recorded by NPENTL in last 3 years as commercial operations yet to start.

12-03-2026

Renosen Pharmaceuticals Private Limited, a promoter of Senores Pharmaceuticals Limited, released the pledge on 4,00,000 equity shares (0.87% of total share capital) encumbered with Bajaj Finance, effective February 13, 2026, as per revised disclosure under SAST Regulations. This addresses the omission of the encumbrance reason in the earlier filing dated February 16, 2026, following BSE's observation on March 10, 2026. No other changes in promoter or promoter group shareholdings were reported, with Renosen's post-event holding at 27,08,719 shares (5.8817%).

• ·Prominent promoter holdings include Swapnil Jatin Shah at 35,53,531 shares (7.7161%) and Ashokbhai Vijaysinh Barot at 34,44,869 shares (7.4801%), both fully unencumbered.
• ·Disclosure reporting date: March 12, 2026.

12-03-2026

JK Lakshmi Cement Limited approved the acquisition of 77.96% equity stake in NECEM Cements Ltd. for ₹19 Cr plus takeover of certain past liabilities, to utilize 40 Million Tonnes limestone reserves and 150 Bigha land for new 0.95 MTPA clinkerisation and cement grinding units in Assam, supporting its 30 MTPA capacity vision and North East expansion. However, NECEM reported sharply declining revenue to ₹1.56 Cr in FY25 from ₹3.22 Cr in FY24 (down 51.6% YoY) and a PAT loss of ₹(4.59) Cr versus marginal profit of ₹0.01 Cr prior year, with total assets shrinking to ₹11.31 Cr from ₹15.75 Cr.

• ·NECEM incorporated on 3 September 1985; registered office in Guwahati, Assam.
• ·Acquisition completion expected on or before 31 March 2026.
• ·No related party transaction; no promoter group interest in NECEM.
• ·Cash consideration plus takeover of certain past liabilities.

12-03-2026

Ambuja Cements Limited announced that the Scheme of Arrangement with Sanghi Industries Limited became effective on March 12, 2026, after filing the NCLT order dated February 9, 2026, with the Registrar of Companies, Ahmedabad. Sanghi Industries has been amalgamated into Ambuja Cements and dissolved without winding up, with the Appointed Date set as April 1, 2024. Equity shareholders of Sanghi as recorded on April 6, 2026, will be allotted Ambuja equity shares.

• ·NCLT sanction order dated February 9, 2026.
• ·Compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
• ·Ambuja Cements CIN: L26942GJ1981PLC004717

12-03-2026

Sanghi Industries Limited (Transferor Company) announced that the Scheme of Arrangement with Ambuja Cements Limited (Transferee Company) became effective on March 12, 2026, after filing the NCLT order dated February 9, 2026, with the Registrar of Companies, leading to Sanghi's amalgamation and dissolution without winding up. The Appointed Date is April 1, 2024. The Record Date for determining shareholders eligible for equity share cancellation and issuance of Ambuja Cements shares per the Swap Ratio is fixed as April 6, 2026.

• ·NCLT Order sanctioned on February 9, 2026 by Ahmedabad Bench
• ·Scrip Code: 526521 (BSE); NSE Symbol: SANGHIIND
• ·CIN: L18209GJ1985PLC157787
• ·Company website: www.sanghicement.com

12-03-2026

Manisha Umesh Modi, Promoter, Whole-time Director, and CFO of Jupiter Infomedia Limited, disclosed the disposal of 6,00,000 equity shares representing 5.99% of the company's total share capital on March 10, 2026, reducing her holding from 32.16% (32,22,500 shares) to 26.17% (26,22,500 shares). The disclosure complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 29(2) and SEBI (Prohibition of Insider Trading) Regulation 7(2). No changes in encumbrances, voting rights otherwise than by shares, or convertible securities were reported.

• ·Disclosure filed with BSE Limited on March 10, 2026; overall filing dated March 12, 2026.
• ·Mode of sale not specified beyond standard disclosure requirements.
• ·No warrants, convertible securities, or encumbrances held before or after.

12-03-2026

Umiya Holding Private Limited, a promoter/promoter group entity, disclosed the acquisition of 1,000 equity shares (0.005%) of Umiya Buildcon Limited (formerly MRO-TEK Realty Limited) on March 11, 2026, via open market purchase. This increased its holding from 71,22,066 shares (38.12%) to 71,23,066 shares, with the percentage stake remaining flat at 38.12%. The total equity share capital of the target company is 1,86,84,602 shares.

• ·Scrip codes: BSE 532376, NSE UMIYA-MRO
• ·PAN of acquirer: AAACU4321R
• ·Disclosure under SEBI Regulation 29(2)

12-03-2026

Rita Ashok Parekh, promoter of Apcotex Industries Limited, proposes to acquire 62,280 shares (0.12% of share capital) via inter-se transfer without consideration from Mrs. Rita Ashok Parekh and Mrs. Janaki Parekh, increasing her holding from 252,970 shares (0.49%) to 315,250 shares (0.61%). The transaction, scheduled for March 18, 2026, is exempt from open offer under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011. No change in promoter group control or consideration involved.

• ·Disclosure dated March 11, 2026
• ·Proposed acquisition date: 18-03-2026
• ·Exempt under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011
• ·No consideration for the inter-se transfer

12-03-2026

Maxheights Infrastructure Ltd (BSE:534338) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to Pitampura Leasing & Housing Finance Ltd. No quantitative details such as transaction value, shareholding changes, or financial metrics are disclosed in the filing. This SAST disclosure signals a substantial acquisition or disposal event crossing regulatory thresholds, but lacks specifics on deal structure or impact.

12-03-2026

Ram's Assorted Cold Storage Limited (RASCL), a promoter group entity, subscribed to 14,29,914 equity shares in a rights issue of Suryo Foods & Industries Limited on March 9, 2026, boosting its shareholding from 0.38% (15,000 shares) to 20.85% (14,44,914 shares). The rights issue allotted a total of 29,70,000 shares at ₹20 each (face value ₹10 + premium ₹10), increasing the company's equity capital from ₹3.96 Cr (39,60,000 shares) to ₹6.93 Cr (69,30,000 shares). This substantial acquisition was disclosed under Regulation 29(1) of SEBI Takeover Regulations on March 11, 2026.

• ·Shares acquired at ₹20 per share (₹10 face value + ₹10 premium)
• ·Board of Directors of Suryo Foods approved allotment on March 9, 2026
• ·RASCL is a member of the Promoter Group
• ·Scrip Code: 519604

12-03-2026

Vedant Bang, Promoter and Managing Director (E-comm) of Thomas Scott (India) Limited, acquired 25,000 equity shares (0.17%) on March 11, 2026, via open market purchase, increasing his voting rights holding from 5,12,936 shares (3.50%) to 5,37,936 shares (3.67%). No changes in encumbrances, warrants, or other instruments. The company's equity share capital remains at ₹146.70 Cr (1,46,70,380 shares of ₹10 each), with diluted capital at ₹153.62 Cr (15,36,19,623 shares).

• ·Disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·Mode of acquisition: Open market

12-03-2026

JSL Overseas Holding Limited, part of the promoter group of Jindal Stainless Limited, acquired 1,62,132 equity shares (0.02% of total share capital) from the open market on March 10, 2026, increasing its voting rights holding from 13,92,67,820 shares (16.89%) to 13,94,29,952 shares (16.91%). This minor purchase represents a negligible change in stake with no encumbrances or other instruments involved. The total equity share capital of Jindal Stainless Limited remains unchanged at ₹164.88 Cr (824,419,588 shares of ₹2 each).

• ·Disclosure filed on March 11, 2026, under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
• ·No shares encumbered, no warrants or convertible securities held.
• ·Mode of acquisition: open market purchase.

12-03-2026

Suditi Industries Ltd (BSE: 521113) has disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, a filing received by BSE on March 12, 2026, from Harsh Pawan Agarwal & Others. This indicates an intention to acquire shares or voting rights that may cross substantial thresholds (e.g., 25% or further encroachments), potentially triggering open offer obligations. No details on deal structure, valuation, share count, percentage stake, or financial terms are provided in the filing.

12-03-2026

Ankesh Shahra, promoter of Ruchi Infrastructure Limited, disclosed under SEBI Regulation 29(2) the disposal of 76 lakh equity shares (3.22% stake) to his immediate relative Ms. Amisha Shahra via gift on March 10, 2026; this inter-se transfer among promoters qualifies for exemption under Regulation 10 but requires disclosure due to over 2% gross change in promoter shareholding since June 19, 2025. Promoter/promoter group shareholding remains unchanged at 53.70% (12.67 Cr shares) pre- and post-transaction. Total equity share capital stays at ₹23.60 Cr.

• ·Disclosure dated March 11, 2026, with last prior disclosure on June 19, 2025
• ·Transaction mode: Off-market inter-se transfer by way of gift
• ·Transaction exempt under Regulation 10 of SEBI (SAST) Regulations, 2011

12-03-2026

Anlon Healthcare Limited (BSE: 544497) has disclosed receipt of a notice under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Neomile Growth Fund - Series I. This indicates the fund's intention to acquire shares that may entitle it to 25% or more voting rights or further substantial acquisition. No quantitative details such as deal size, shareholding percentages, valuation, or transaction structure are provided in the filing.

12-03-2026

BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for Hema Bhatia pertaining to Bhatia Communications & Retail (India) Ltd (scrip: 540956). No details on transaction structure, valuation, shareholding changes, or financial terms are provided in the filing.

12-03-2026

Madhusudan Securities Ltd (BSE: 511000) has made a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, confirming receipt by BSE of share acquisition details from Salim Pyarali Govani & PACs, indicating a substantial acquisition of shares or voting rights crossing regulatory thresholds. No specific details on shareholding percentages, transaction value, or financial impact are provided in the filing. This is an informational SAST compliance filing with no quantitative metrics disclosed.

12-03-2026

Ramesh Sawalram Saraogi and Persons Acting in Concert (PAC), Navratri Share Trading Private Limited, disclosed the sale of 80 lakh equity shares (1.35%) of Pro Fin Capital Services Ltd on March 11, 2026, via open market, reducing their aggregate holding from 6.71 crore shares (11.32%) to 5.91 crore shares (9.97%). The company's total equity share capital remains unchanged at 59.26 crore shares of ₹1 each. This is a mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with no other changes in voting rights or encumbrances.

• ·Sellers confirmed as non-promoter/non-promoter group.
• ·No changes in encumbrances, warrants, or other voting rights instruments.
• ·PANs: Seller - ASMPS2392F; PAC - AAGCN6675H.

12-03-2026

Wasatch Advisors LP, acting as acquirer, disclosed the sale of 57,799 shares (0.078%) of Medi Assist Healthcare Services Ltd via open market on March 10, 2026, reducing its voting rights holding from 2,872,701 shares (3.858%) to 2,814,902 shares (3.781%). No changes in encumbrances, other voting rights, or convertible securities. The total equity share capital remains ₹372.29 Cr with 74,457,700 issued shares.

• ·Disclosure filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
• ·Total diluted share/voting capital post-transaction: 74,457,742 shares.
• ·Acquirer not part of Promoter/Promoter group.

12-03-2026

Mrs. Swarna Malhotra and Persons Acting in Concert (PACs), part of the promoter/promoter group, acquired 1,701 equity shares (0.02%) of Sunshield Chemicals Limited on the open market on March 10-11, 2026, increasing their aggregate holding from 66.28% (58,28,844 shares) to 66.31% (58,31,685 shares). The company's total equity share capital remains ₹8.79 Cr with no changes in encumbrances, voting rights otherwise, or convertible securities. This represents a negligible 0.03% increase, essentially flat promoter group ownership.

• ·Disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·Mode of acquisition: Open Market
• ·No shares in encumbrance, additional voting rights, or warrants/convertibles before, during, or after
• ·Swarna Malhotra address: 604, Sai Samman 28/29, Union Park, Chembur, Mumbai 400071

12-03-2026

D L Millar & Co Ltd, a promoter group company of Premier Polyfilm Limited, acquired 16,854 equity shares (0.02% of total share capital) on February 24, 2026, via open market purchase at BSE, marginally increasing its stake from 13.54% to 13.56%. The transaction value was below ₹10 lakhs, representing a very minor change in holding with no material impact. Disclosure under SEBI (SAST) Regulation 29(2) was filed on March 10-11, 2026, after a brief delay due to administrative oversight.

• ·Scrip codes: BSE 514354, NSE PREMIERPOL
• ·Disclosure received by company on March 11, 2026
• ·Total diluted share/voting capital unchanged at 10,47,42,475 equity shares

12-03-2026

Bajaj Holdings & Investment Limited's equity stake in Bajaj General Insurance Limited and Bajaj Life Insurance Limited (subsidiaries of Bajaj Finserv Limited) increased from 17.56% to 18.10% after Allianz SE tendered its remaining 3% stake in each via the companies' buyback offers, resulting in Allianz's complete exit. This follows a prior intimation dated 8 January 2026 and complies with Regulation 30 of SEBI LODR. No declines or flat metrics reported in this transaction.

• ·Previous intimation letter dated 8 January 2026.
• ·BSE Code: 500490; NSE Code: BAJAJHLDNG.

12-03-2026

Maithan Alloys Limited acquired 602,688 equity shares, representing 0.01% stake in Bank of India, for a cash consideration of ₹9.36 Cr on March 11, 2026, through the stock exchange as a long-term investment without intent to acquire control or management influence. Bank of India, a public sector bank regulated by RBI with over 5,300 branches, reported robust turnover growth of 27% YoY to ₹60,709 Cr in FY24 and 17% YoY to ₹70,826 Cr in FY25, with PAT of ₹9,219 Cr and net worth of ₹65,642 Cr as of March 31, 2025. The transaction is at arm's length, requires no regulatory approvals, and has no relation to related party transactions.

• ·Bank of India incorporated on September 7, 1906; present in India with 22 overseas offices in 10 countries
• ·No promoter/promoter group or group company interest in the acquisition
• ·Information sourced from Bank of India website, FY24-25 financial results, and BSE website

12-03-2026

Bajaj Finserv Limited completed the acquisition of the remaining 3% equity stake held by Allianz SE in its insurance subsidiaries, Bajaj General Insurance Limited and Bajaj Life Insurance Limited, via their buyback offers, leading to Allianz SE's complete exit. The company's equity stake in each subsidiary increased from 75.01% to 77.33%, with the company and promoter group now collectively holding 100%. This follows the prior acquisition of up to 26% stake, as referenced in the January 8, 2026 letter.

• ·Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
• ·Prior disclosure letter dated January 8, 2026

12-03-2026

Western Ministil Ltd's Board approved the acquisition of 100% equity (10,000 shares of ₹10 each) in Micron Calcite Private Limited for ₹45.4L at ₹454 per share, making it a wholly owned subsidiary to expand into minerals/mining/industrial materials. The transaction is a related party deal involving promoters Kalpesh Patel and Vandana Patel as directors in the target, conducted at arm's length. No regulatory approvals needed; expected completion in 2 months.

• ·Micron Calcite incorporated on 20 June 2008
• ·Board meeting held on 12 March 2026 from 11:00 a.m. to 11:40 a.m. IST
• ·No governmental/regulatory approvals required

12-03-2026

The Ballygunge Family Trust, a promoter/promoter group entity of Shankara Building Products Limited, acquired 10,000 equity shares (0.0412% of total capital) on March 11, 2026, via open market purchases. This increased their holding of shares carrying voting rights from 6,19,551 shares (2.55%) to 6,29,551 shares (2.60%). The total equity share capital of the company remains unchanged at 2,42,49,326 shares of ₹10 each, aggregating to ₹24.25 Cr.

• ·Mode of acquisition: Open Market
• ·Scrip Code: 540425 (BSE); Symbol: SHANKARA (NSE)
• ·Disclosure pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011
• ·No change in encumbrances, warrants, or other instruments

12-03-2026

Asian Tea & Exports Ltd. received disclosures under SEBI Takeover Regulations 29(2) & 29(3) regarding the transfer of 28,35,982 shares (11.37% stake) from promoter group entity Greenex Chemicals Private Limited to IBM Finance and Investment Private Limited, pursuant to a scheme of amalgamation sanctioned by NCLT Kolkata Bench on June 19, 2025, effective March 10, 2026. This is an internal promoter group restructuring with no net change in overall promoter holding. The company's total equity share capital remains ₹2,49,41,800 divided into 2,49,41,800 shares of ₹10 each.

• ·Scrip codes: BSE 519532, CSE 011053
• ·NCLT Kolkata Bench order dated June 19, 2025
• ·Transfer effective date: March 10, 2026 (off-market via DIS)
• ·Asian Tea CIN: L24219WB1987PLC041876

12-03-2026

Promoter Navin Chand Suchanti of Sinclairs Hotels Limited acquired 38,781 equity shares (0.08% of total capital) via open market purchases between March 10-11, 2026, increasing his holding from 30,93,708 shares (6.03%) to 31,32,489 shares (6.11%). The total equity share capital remains unchanged at 5,12,60,000 shares of ₹2 each. This minor stake increase reflects promoter confidence but represents a negligible change in ownership.

• ·Disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• ·BSE Scrip Code: 523023; NSE Symbol: SINCLAIR; CSE Scrip Code: 029074.
• ·No encumbrances, warrants, or convertible securities held.

12-03-2026

Wardwizard Solutions India Private Limited, a promoter of Mangalam Industrial Finance Limited, created a pledge on 9 Cr equity shares (6.32% of total share capital) held by it in favor of DY Captive Projects LLP as collateral for financial assistance via a Pledge Agreement dated March 7, 2026, effective March 10, 2026. The promoter's total holding remains unchanged at 10.55 Cr shares (7.40%), with previously zero encumbered shares now at 9 Cr (6.32%). Other promoters show no changes in holdings or encumbrances.

• ·Disclosure filed on March 12, 2026, under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Reg 31(2) and 31(3).
• ·Pledge Agreement executed on March 7, 2026; creation event on March 10, 2026.
• ·Total share capital basis: Approximately 142.57 Cr equity shares (inferred from percentages).

12-03-2026

Vijay Kumar Kaushik, Promoter and Director of Vibhor Steel Tubes Limited, acquired 1,150 equity shares (0.01% of total paid-up capital) through an open market transaction on NSE on March 11, 2026, at ₹108.968 per share. This increased his holding from 40,12,430 shares (21.16%) to 40,13,580 shares (21.17%). The transaction was disclosed in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

• ·Mode of acquisition: Open market on NSE.
• ·BSE Scrip Code: 544124; NSE Symbol: VSTL.
• ·Disclosure filed on March 12, 2026.

12-03-2026

Neo Infracon Ltd. (BSE: 514332) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received from Bhavik N Mehta. This filing indicates Bhavik N Mehta's intention to acquire shares in the company, potentially crossing substantial acquisition thresholds. No details on transaction size, structure, valuation, or shareholding changes are disclosed.

12-03-2026

BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Mentor Capital Ltd & PACs regarding Authum Investment & Infrastructure Ltd (scrip: 539177). This filing signals an intention to acquire shares in Authum that may cross substantial acquisition thresholds under SAST. No further details on deal structure, valuation, shareholding changes, or financial metrics were disclosed.

12-03-2026

La Tim Metal & Industries Ltd (BSE: 505693) has filed disclosures under Regulations 29(1) and 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to La Tim Lifestyle & Resorts Ltd. The filing indicates receipt of a disclosure related to potential substantial acquisition of shares, but no details on parties, deal structure, valuation, or shareholding changes are provided. No quantitative metrics, financial terms, or timelines are disclosed.