India Technology Sector Merger & Acquisition Filings — March 06, 2026

06-03-2026

Shree Ram Twistex Ltd (scrip: 544716) has made a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 06, 2026, pertaining to Neomile Growth Fund - Series I. No details on stake percentage, transaction value, share count, or deal structure are provided in the filing. This is an early-stage disclosure indicating intention for substantial acquisition, with no financial metrics or impacts disclosed.

• ·Scrip code: 544716
• ·Source: BSE

06-03-2026

The Board of Markolines Pavement Technologies Limited approved a scheme of amalgamation merging Markolines Infra Limited into the company at a share exchange ratio of 1:1.15, with no cash consideration involved, aiming to create synergies in highway operations, maintenance, and construction services. As of 31 December 2025, Markolines Infra reported total assets of ₹108.10 Cr, turnover of ₹104.11 Cr, and net worth of ₹80.25 Cr, while the transferee company had assets of ₹294.11 Cr, turnover of ₹243.34 Cr, and net worth of ₹189.24 Cr. The scheme is subject to approvals from NCLT, SEBI, and stock exchanges, with an appointed date of 1 January 2026.

• ·Markolines Infra Limited incorporated in 2005 with 11+ years experience; Markolines Pavement Technologies Limited incorporated in 2002 with 22+ years experience.
• ·Previous scheme returned by authority due to technical errors; revised scheme addresses issues.
• ·National Stock Exchange of India Limited designated as Designated Stock Exchange for scheme coordination.
• ·Valuation report dated 5 March 2026 by Neha Bhandari; fairness opinion by Aftertrade Broking Private Limited.
• ·Fractional shares in exchange ratio to be ignored and rounded down to nearest whole number.

06-03-2026

AccelerateBS India Limited's wholly-owned subsidiary, Accelerate Next Inc, completed the acquisition of 100% stake in US-based Beanstalk Web Solutions LLC for approx. ₹13.84 Cr (USD 1.5 Mn) on March 06, 2026, making it a step-down subsidiary to support long-term growth and global expansion. The target's turnover stood at ₹15.12 Cr in FY2025, reflecting a 2.6% decline from ₹15.53 Cr in FY2024, though it had grown 1.9% from ₹15.24 Cr in FY2023. The deal is expected to enhance consolidated revenues and provide access to new customers, with no related party involvement.

• ·Beanstalk Web Solutions LLC incorporated on November 19, 2013, and headquartered in St. Louis, Missouri
• ·Cash consideration payable in tranches
• ·Transaction not a related party transaction; no promoter/promoter group interest
• ·No governmental or regulatory approvals required

06-03-2026

Promoter Amit Goenka released encumbrance (pledge) on 54,97,928 shares (23%) held through Catalyst Trusteeship Limited on March 5, 2026, pursuant to part repayment of loan to Tata Capital Limited and DSP Finance Private Limited trustees. This reduced the promoter's total encumbered shares from 1,75,97,998 shares (74.69% of total share capital) to 44,97,928 shares (18.84%). Associated PACs hold only 85 shares (0.00%) with no encumbrance.

• ·Disclosure filed on March 6, 2026 following the March 5, 2026 release event.
• ·PACs individually hold 17 shares each (0.00% of total paid-up capital) with zero encumbrance.

06-03-2026

Asian Paints Ltd (BSE: 500820) announced receipt of a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Sattva Holding and Trading Pvt Ltd on March 05, 2026, as reported on BSE on March 06, 2026. This filing pertains to substantial acquisition or change in shareholding in Asian Paints Ltd. No quantitative details such as share counts, percentage holdings, changes, or transaction values were disclosed.

06-03-2026

BSE received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for Vishnuvardhan pertaining to Constronics Infra Ltd (523844) on March 05, 2026. No details on deal structure, shareholding changes, transaction value, percentages, or any quantitative metrics are provided in the filing notice. This is an informational compliance disclosure with no positive or negative performance indicators mentioned.

• ·Scrip code: 523844
• ·Source: BSE
• ·Disclosure received date: March 05, 2026

06-03-2026

Promoter Aayush Agrawal (Trustee, Aayush Agrawal Trust) of Ajanta Pharma Limited disclosed the creation of pledges on 7,87,933 shares (0.63% of total share capital) for additional loans and the release of pledges on 8,32,178 shares (0.67%) for loan repayments and margin reduction, resulting in a net release of 44,245 pledged shares. Transactions spanned 24-Feb-2026 to 5-Mar-2026 involving lenders such as Aditya Birla Capital Ltd, Deutsche Bank A.G., and Bajaj Finance Ltd. Post-transaction, the Trust's pledged shares stood at approximately 6.17-6.63% of total share capital, down from 6.60% pre-event for that entity.

• ·Promoter group total holdings include Gabs Investments at 10.08%, Yogesh Agrawal Trust at 14.47%, Rajesh Agrawal Trust at 14.47%, Ravi Agrawal Trust at 13.00% (4.85% already encumbered), and Aayush Agrawal Trust at 11.30%.
• ·Specific releases include 2,13,000 shares on 24-Feb-26 and 84,074 shares on 2-Mar-26; creations include 5,74,933 shares on 4-Mar-26.
• ·No encumbrance changes reported for other promoters like Ravi Agrawal Trust in this disclosure.

06-03-2026

BSE sought clarification from IRCON International Ltd on March 6, 2026, referencing news on NDTV Profit dated the same day quoting 'Ministry Of Railways Prop'. No details on any merger, acquisition, or related transaction structure, parties, valuation, or financial terms are disclosed in this filing. This appears to be a routine exchange query on potential material information, with no confirmatory details provided.

06-03-2026

BSE sought clarification from Rail Vikas Nigam Ltd (542649) on March 6, 2026, regarding news on NDTV Profit quoting 'Ministry Of Railways Propose'. No details on the proposed merger/acquisition structure, parties, valuation, or terms are disclosed in the provided information. This appears to be an early-stage query with no substantive event confirmation or metrics provided.

• ·Stock code: 542649
• ·News source: https://www.ndtvprofit.com dated March 6, 2026
• ·Quote reference: 'Ministry Of Railways Propose' (incomplete)

06-03-2026

Promoter Krishna Kumar Mohta acquired 22,705 equity shares (0.035% of total share capital) of The Indian Wood Products Co. Ltd. on March 5, 2026, through an open market purchase, increasing his personal holding from 2,028,204 shares (3.170%) to 2,050,909 shares (3.205%). The overall promoter group holding rose marginally from 45,546,060 shares (71.195%) to 45,568,765 shares (71.230%), with no changes reported in other promoter entities' holdings. Total equity share capital remains unchanged at ₹12.79 Cr comprising 63,972,720 shares of ₹2 each.

• ·Largest promoter group holding: Security Company Limited with 12,325,442 shares (19.267%) unchanged
• ·Savita Mohta holds 9,160,200 shares (14.319%) unchanged
• ·Disclosure filed on March 6, 2026, pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011

06-03-2026

Integrated Capital Services Ltd (BSE: 539149) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 06, 2026. The disclosure pertains to Rajeev Kumar Deora, indicating an intention to acquire shares that may cross substantial holding thresholds. No quantitative details such as deal size, shareholding percentages, valuation, or transaction terms are disclosed.

06-03-2026

Dhanashree Investments Private Limited, a promoter/promoter group entity of High Energy Batteries (India) Limited, disclosed the acquisition of 2,000 equity shares (0.02% of capital) on March 5, 2026, at ₹543.12 per share through open market purchases on BSE, increasing its holding from 105,105 shares (1.17%) to 107,105 shares (1.19%). The company's total equity share capital stands at 8,963,840 shares of ₹2 each face value. No other changes in encumbrances, voting rights, or convertible securities were reported.

• ·Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·Scrip Code: 504176
• ·Acquirer CIN: U65993TN1994PTC029413
• ·No shares encumbered, no additional voting rights or convertible securities

06-03-2026

Deepak Vegpro Private Limited, a promoter group entity of Vijay Solvex Ltd., acquired 15,000 equity shares (0.469% of paid-up capital) from Mr. Dinesh Gupta, another promoter group member, via an on-market inter-se transfer on March 5, 2026, at ₹401 per share. The transaction is exempt from open offer requirements under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, with no change in aggregate promoter and promoter group shareholding. Deepak Vegpro's holding increased from 3.220% to 3.689%, while Dinesh Gupta's holding decreased from 0.469% to zero.

• ·Transaction date: March 5, 2026
• ·Price per share: ₹401 (on-market)
• ·Prior intimation submitted to stock exchanges: February 24, 2026
• ·Exemption under SEBI SAST Regulation 10(1)(a)(ii)

06-03-2026

Brillant Properties Pvt. Ltd. disclosed the sale of 17,67,887 (3.62%) equity shares of Parle Industries Limited via open market transactions from February 3, 2026, to March 4, 2026, reducing its shareholding from 97,72,200 shares (20.03%) to 80,04,313 shares (16.40%). No changes in encumbrances, voting rights otherwise, or convertible securities were reported. The total equity share capital of Parle Industries remains unchanged at 4,88,00,000 shares of ₹10 each, totaling ₹48.80 Cr.

• ·Disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·BSE Scrip Code: 532911
• ·Sale executed through stock exchange mechanism

06-03-2026

Promoters/Promoter Group of Dev Information Technology Limited disclosed the sale of 50.88 L shares (9.03% of equity) in the open market on March 2, 2026, reducing their aggregate holding from 20.06% (1.13 Cr shares) to 11.02% (62.11 L shares). Key sellers include Jaimin Jagdishbhai Shah (sold 29.64 L shares, holding to 5.69%), Kruti Pranav Panday (sold 6.24 L shares, to 4.88%), and Pranav Niranjan Pandya (sold 15 L shares, to 0.45%). No changes in encumbrances, voting rights, or convertible securities were reported.

• ·Disclosure filed on March 5, 2026, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• ·Sale executed via open market; no warrants, convertibles, or encumbrances involved.
• ·Total equity share capital unchanged at 11,26,70,464 shares of Rs. 2 each.

06-03-2026

BSE has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Tirth Gems related to Goenka Business & Finance Ltd (538787). This filing indicates Tirth Gems' prior intimation of intention to acquire shares, potentially crossing substantial shareholding thresholds in the company. No details on deal structure, size, shareholding changes, valuation, or transaction terms are disclosed.

06-03-2026

Ventura Guaranty Ltd (BSE: 512060) has made a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE, pertaining to Saryu Kothari. This filing indicates an intention to acquire shares that may cross substantial acquisition thresholds, but no details on deal structure, size, valuation, or shareholding changes are provided. No quantitative metrics, financial impacts, or timelines are disclosed.

06-03-2026

Sacheta Metals Ltd. (BSE: 531869) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 06, 2026, pertaining to Satishkumar Keshavlal Shah. This regulation requires disclosure of intention to acquire shares that may cross substantial shareholding thresholds (e.g., 5% or additional 2%). No details on deal size, share count, percentages, valuation, or transaction structure were disclosed.

06-03-2026

Madhusudan Securities Ltd (BSE: 511000) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, received by BSE, pertaining to Salim Pyarali Govani and Persons Acting in Concert (PACs). No quantitative details such as shareholding changes, transaction value, percentages, or financial metrics are provided in the filing. This is an informational SAST compliance disclosure with no further specifics on the nature or impact of the acquisition/disposal.

06-03-2026

Mrs. Swarna Malhotra, along with persons acting in concert (Indus Petrochem Limited, Coppersmith Energies and Project Private Limited, Sudhir Malhotra, and Jeet Malhotra), who belong to the promoter/promoter group, acquired 257 equity shares (0.00%) of Sunshield Chemicals Limited on March 5, 2026, via open market purchase. Their aggregate holding increased marginally from 58,18,024 shares (66.15%) before the acquisition to 58,18,579 shares (66.15%) after, reflecting no change in ownership percentage. No encumbrances, warrants, or other voting rights instruments were involved.

• ·Mode of acquisition: Open Market.
• ·No shares in encumbrance, voting rights otherwise than equity shares, or convertible securities.
• ·Individual pre-acquisition holdings: Sudhir Malhotra 837 shares (0.01%), Jeet Malhotra 67 shares (0.00%).
• ·Post-acquisition: Jeet Malhotra 365 shares (0.00%).
• ·Disclosure filed with BSE Limited (Scrip Code: 530845) on March 6, 2026.

06-03-2026

Chenna Reddy Sanketh Ram Reddy, Promoter and Whole Time Director of Kavveri Defence & Wireless Technologies Ltd, acquired 3,20,000 equity shares (0.93% stake) via an off-market inter-se transfer through a Gift Deed from Chennareddy Shivkumar Reddy on March 2, 2026. His shareholding increased from 22,50,000 shares (6.55%) to 25,70,000 shares (7.48%). The transaction involves existing promoters and does not alter the total equity share capital of ₹34.37 Cr (3,43,74,260 shares of ₹10 each).

• ·Scrip Code: 590041 (BSE), NSE Symbol: KAVDEFENCE
• ·Disclosure filed on March 5, 2026, to BSE and NSE
• ·No encumbrances, warrants, or other instruments involved pre or post transaction

06-03-2026

Refex Holding Private Limited (RHPL), a promoter of Refex Industries Limited, acquired 1,00,000 equity shares (0.07% of paid-up capital) via open market on March 05, 2026, as disclosed under SEBI Regulation 29(2). This marginally increased RHPL's voting shares holding from 7,65,23,085 (55.78%) to 7,66,23,085 (55.85%) and total diluted holding from 56.82% to 56.86%. No other changes in encumbrances or convertible securities were reported.

• ·Acquisition mode: Open Market.
• ·Stock exchanges: BSE Limited (Scrip Code: 532884), National Stock Exchange of India Limited (Symbol: REFEX).
• ·Promoters' total diluted shareholding as on March 06, 2026: 8,45,68,085 shares (56.86%).
• ·No shares in encumbrance (pledge/lien/non-disposal undertaking).

06-03-2026

Bikaji Foods International Limited (BFIL) completed the acquisition of the remaining 48.78% equity stake (35,98,998 shares) in its subsidiary Petunt Food Processors Private Limited (PFPPL) for ₹8 Cr cash consideration, making PFPPL a wholly-owned subsidiary effective March 6, 2026. This follows BFIL's prior 51.22% holding and consolidates full control over PFPPL's FMCG operations in South India. PFPPL's turnover grew from ₹36.36 Cr in FY23 to ₹42.70 Cr in FY24 (+17.4% YoY) and ₹52.07 Cr in FY25 (+22.0% YoY), aligning with BFIL's core business.

• ·PFPPL incorporated on September 14, 2017.
• ·Transaction conducted on arm's length basis; related party due to promoter interest.
• ·No governmental or regulatory approvals required.

06-03-2026

Bhoruka Supply Chain Solutions Holdings Limited, a promoter group entity of Transport Corporation of India Limited (TCI), acquired 1,201 equity shares via open market on March 05, 2026, marginally increasing its voting rights holding from 44.1085% to 44.1101% (a 0.0016% rise). This minor adjustment reflects steady promoter confidence but represents negligible change in overall stake. TCI's total equity share capital remains unchanged at ₹153.49 Cr, comprising 7.67 Cr equity shares of ₹2 each.

• ·Disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·Scrip Code: 532349; Scrip Symbol: TCI
• ·TCI Registered Office: Flat No. 306 & 307, 1-8-271 to 273, 3rd Floor, Ashoka Bhopal Chambers, S P Road, Secunderabad, Telangana - 500 003

06-03-2026

Alkem Medtech Private Limited, a wholly owned subsidiary of Alkem Laboratories Limited, executed a Share Purchase Agreement on March 06, 2026, to acquire at least 51% and up to 55% of the total issued equity share capital of Occlutech Holding AG, a Switzerland-incorporated company. This update follows an earlier intimation to stock exchanges on February 13, 2026, regarding the intended acquisition. The disclosure complies with Regulation 30 of SEBI LODR Regulations, with details to be available on the company's website.

• ·Disclosure made to NSE (Scrip Code: 539523, Symbol: ALKEM) and BSE.

06-03-2026

Vijay Kumar Kaushik disclosed an acquisition of shares in Vibhor Steel Tubes Limited under SEBI regulations on March 06, 2026. Pre-acquisition shareholding totalled 9,540 representing 0.7% to 1.7%, while post-acquisition figures include 4,130 at 11% and 2.%, with total post at 4,30 (interpreted as approx 4,300-43,000 based on formatting) at 10% to 11%. Several line items remained at 0% or flat (NIL/IL across categories like encumbered shares and warrants).

• ·Filing date: March 06, 2026
• ·Possible BSE code reference: 414
• ·Disclosure likely under SEBI SAST Reg 29(2)
• ·Additional acquisition quantities/references: 16,240; 11,440
• ·Potential acquisition timeframe: 00-06 or Dt:63226

06-03-2026

Panama Petrochem Ltd (BSE: 524820) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on March 06, 2026, pertaining to Amirali Essabhai Rayani. No details on deal structure, transaction value, shareholding changes, encumbrance specifics, or financial impacts are disclosed in the filing summary. This is a regulatory compliance disclosure with no quantitative data provided.

06-03-2026

Nectar Lifesciences Limited completed the acquisition of 100% paid-up equity share capital of Avensis Exports Private Limited (AEPL) on March 06, 2026, for a total cash consideration of ₹24.96 L, paid through normal banking channels. AEPL has become a Wholly Owned Subsidiary of the Company effective the same date. This updates the prior disclosure dated March 02, 2026.

• ·AEPL CIN: U51109DL2007PTC169484
• ·Disclosure reference: Regulation 30 of SEBI LODR Regulations; prior letter NLL/CS/2026-659 dated March 02, 2026

06-03-2026

The Ballygunge Family Trust, a promoter/promoter group entity, acquired 10,000 equity shares (0.0412%) of Shankara Building Products Limited on March 6, 2026, via open market purchase, increasing its voting rights holding from 5,79,000 shares (2.39%) to 5,89,000 shares (2.43%). The company's total equity share capital remains unchanged at 2,42,49,326 shares of ₹10 each, aggregating to ₹24.25 Cr. This minor stake increase signals continued promoter confidence with no reported encumbrances or other changes.

• ·Mode of acquisition: Open Market
• ·No shares encumbered (pledge/lien/non-disposal undertaking)
• ·Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·Scrip Code on BSE: 540425; Symbol on NSE: SHANKARA

06-03-2026

BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhavik N Mehta pertaining to Neo Infracon Ltd. The filing confirms compliance with SAST disclosure requirements following a substantial acquisition or change in shareholding, but provides no quantitative details such as shares acquired, percentage stake, valuation, or transaction structure. No positive or negative financial metrics, synergies, or impacts were mentioned.

06-03-2026

Promoter group member Kalidindi Ravi acquired 1,500 shares (0.00% increase), maintaining holding at 6.79% (3,072,520 shares), while Kakatiya Industries Private Ltd acquired 1,000 shares (0.00% increase), holding steady at 1.30% (590,462 shares). Both open market purchases occurred on 05/03/2026 with no impact on total equity share capital of ₹45.23 Cr (45,232,790 shares of ₹10 each). Disclosure filed on 06/03/2026 per SEBI Regulation 29(2).

• ·Acquisitions via open market on 05/03/2026
• ·Disclosure from Secunderabad dated 06/03/2026

06-03-2026

Ayushi Doshi, acting in concert with the promoter group of Shalibhadra Finance Limited, acquired 3,000 equity shares (0.01% stake) via open market on March 6, 2026, marginally increasing her holding from 525,500 shares (1.70%) to 528,500 shares (1.71%). The total equity share capital of the company remains unchanged at 30,88,84,000 shares. This disclosure is pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

• ·Scrip Code: 511754
• ·Disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011
• ·No shares encumbered or other instruments involved

06-03-2026

Jhaveri Credits and Capital Limited (scrip code: 531550) informed BSE that the Hon’ble National Company Law Tribunal, Ahmedabad (NCLT), reserved its order on March 05, 2026, for the Scheme of Amalgamation between U R Energy (India) Private Limited (Transferor Company) and Jhaveri Credits and Capital Limited (Transferee Company). This follows a prior intimation dated March 30, 2024, under Sections 230-232 of the Companies Act, 2013. The NCLT order copy will be submitted once available.

• ·Petition No.: C.A. (CAA)/31/AHM/2025
• ·Scrip Code: 531550

06-03-2026

On March 06, 2026, the Board of Directors of Onesource Specialty Pharma Limited met to review next steps after receiving in-principle approval from stock exchanges for a composite scheme of arrangement and amalgamation (merger by absorption) involving Steriscience Specialties Private Limited, Brooks Steriscience Limited, Steriscience Pte. Limited, Strides Pharma Services Private Limited, and Onesource, specifically for acquiring Steriscience facilities in Poland and Baroda. The Board decided to conduct a further review before filing the application with the National Company Law Tribunal (NCLT), to be completed within the six-month approval window granted by the exchanges. The company will inform stock exchanges of further developments.

• ·Scheme governed under sections 230-232, 234, 52, 66 of Indian Companies Act, 2013; sections 210, 212 of Singapore Companies Act, 1967.
• ·Scrip Code: 544292; Symbol: ONESOURCE; CIN: L74140MH2007PLC432497.

06-03-2026

UltraTech Cement Limited has entered into an Energy Supply Agreement and Share Subscription and Shareholders Agreement to acquire 26.20% equity stake in Sunsure Solarpark Thirty Eight Private Limited for ₹6.72 Cr. The acquisition supports the company's green energy requirements, energy cost optimization, and compliance with captive power regulations under electricity laws. The target entity is a special purpose vehicle developing a 21 MWp DC / 14 MW AC solar power project with integrated battery energy storage system (BESS) in Dhule, Maharashtra.

• ·Target entity date of incorporation: 27 November 2024
• ·Target entity turnover (2024-25): Nil
• ·Indicative completion timeframe: Within 120 days from execution of agreements
• ·Project location: Dhule, Maharashtra, India
• ·Not a related party transaction; promoter/promoter group has no interest

06-03-2026

Brooks Laboratories Limited updated on the composite scheme of arrangement (merger by absorption) involving its JV/Associate Brooks Steriscience Limited (BSL) and entities including Steriscience Specialties Private Limited, Steriscience Pte. Limited, Strides Pharma Services Private Limited, and OneSource Specialty Pharma Limited. BSL's Board noted the No-Objection Letters from NSE and BSE for OneSource Specialty Pharma Limited, valid for 6 months, and decided on a further review before filing with NCLT within this window. No financial impacts or timelines beyond the 6-month validity were disclosed.

• ·Original intimation dated September 26, 2025
• ·BSL Board meeting held on March 6, 2026
• ·BSL Scrip Code: 533543, Symbol: BROOKS