India Technology Sector Merger & Acquisition Filings — April 11, 2026

11-04-2026

Promoters and Promoter Group of Vardhman Polytex Limited disclosed the creation of pledges on their shareholdings in favor of Catalyst Trusteeship Limited (debenture trustee) under SEBI Takeover Regulations on April 10, 2026, for shares pledged on April 7, 2026. Significant pledges include 44269170 shares (9.17% of total share capital) by Panchsheel Textile Mfg and Trading Company Private Limited, 43623250 shares (9.03%) by Allepy Investment and Trading Co. Pvt. Ltd., and 21820000 shares (4.52%) by Altfort Merchants Private Limited, among smaller pledges from individuals and entities totaling minor percentages. Non-disposal undertakings were also created on warrants pending conversion, such as 1277480 warrants (0.26%) by Mrs. Manju Oswal and 25400000 warrants by Oswal Holding Private Limited.

• ·Disclosure under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·Scrip codes: BSE 514175, NSE VARDMNPOLY
• ·Pledge and non-disposal undertaking creation date: April 7, 2026
• ·Reporting date: April 10, 2026
• ·Additional smaller pledges: Ashok Oswal and Sons HUF (1100 shares, 0.00%), Adish Oswal (205110 shares, 0.04%)

11-04-2026

AARCON FACILITIES LTD (formerly R B Gupta Financials Ltd) submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011, to BSE Limited. Promoter Bharat R. Gupta, on behalf of the promoter group, declared no new direct or indirect encumbrances on company shares during FY 2025-2026 (ended 31 March 2026) beyond those already disclosed. This nil encumbrance update confirms no changes in share pledges by promoters.

• ·CIN No.: L65910GJ1993PLC019057
• ·Scrip Code: 532024
• ·Regd. Office: 401,402, Earth Complex, Opp. Vaccine Institute, Old Padra Road, Vadodara - 390015
• ·Contact: Ph.: 0265-2336277, E-mail: rbgfin@gmail.com
• ·Disclosure date: 04/04/2026

11-04-2026

Pari Washington India Master Fund, Ltd. (seller) and Pari Washington Investment Fund (PAC) disclosed under SEBI (SAST) Regulation 29(2) the open market sale of 9,440 shares (0.003%) of Elgi Equipments Limited on April 8, 2026, reducing their aggregate holding from 16,403,947 shares (5.18%) to 16,394,507 shares (5.17%). The transaction represents a negligible change in ownership, with Elgi Equipments' total equity share capital unchanged at 316,909,016 shares.

• ·Disclosure submitted to BSE on April 10, 2026
• ·Mode of sale: Open Market
• ·Acquirer/seller not part of Promoter/Promoter group
• ·No shares encumbered, no warrants/convertible securities held

11-04-2026

Saptak Chem And Business Ltd (BSE: 506906) has disclosed receipt of a filing under Regulation 29(1) of SEBI (SAST) Regulations, 2011 from HMM Consultancy LLP, indicating an intention to acquire substantial shares in the company. No details on deal structure, valuation, shareholding changes, or transaction size were provided in the filing. This is an early-stage disclosure with no quantitative metrics or further context available.

11-04-2026

Mrs. Deepa Kishor Tracy, a member of the promoter/promoter group of Mantra Capital Limited (formerly Savani Financials Limited), acquired 45,00,000 warrants/convertible securities on April 8, 2026, as disclosed under SEBI (SAST) Regulation 29(2). Her voting stake diluted from 74.95% to 66.95% due to equity share capital expansion from ₹32,00,00,000 to ₹35,82,50,000, while her total diluted stake post-acquisition is 70.64% of ₹40,32,50,000. This reflects increased potential ownership but immediate voting dilution from capital expansion.

• ·Shares listed on BSE Limited
• ·Mode of acquisition/sale not explicitly specified (likely preferential allotment / inter-se transfer given capital changes)
• ·Disclosure digitally signed on April 10, 2026, from Mumbai

11-04-2026

Kamdhenu Ventures Limited (KVL) has received allotment of 3,614 equity shares in its wholly owned subsidiary Kamdhenu Colour and Coatings Limited (KCCL) at an issue price of Rs. 36,000 per share, following payment of Rs. 13,01,04,000. The shares carry a face value of Rs. 10 per share and a premium of Rs. 35,990 per share, allotted on a rights basis. This updates the prior intimation dated April 10, 2026, under Regulation 30 of SEBI Listing Regulations.

• ·NSE Symbol: KAMOPAINTS; BSE Scrip Code: 543747
• ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
• ·Prior intimations: KVL/SEC/2026-27/05 and KVL/SEC/2026-27/06 dated April 10, 2026

11-04-2026

The Hon’ble National Company Law Tribunal, Chandigarh Bench–I, admitted the 2nd Motion Petition on April 10, 2026, in connection with the proposed merger between Rudra Ecovation Limited and Shiva Texfabs Limited. This disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and informed to BSE Limited on April 11, 2026. No financial impacts or timelines beyond the petition admission were detailed.

• ·Rudra Ecovation Limited formerly known as Himachal Fibres Limited.
• ·Disclosure reference: Admission of Second Motion Petition.
• ·NCLT: Chandigarh Bench–I.

11-04-2026

Milgrey Finance & Investments Ltd (BSE: 511018) has made a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE on April 11, 2026, pertaining to Pratik Saraogi. No details on acquisition size, shareholding changes, valuation, or transaction structure are provided in the filing. This is an early-stage regulatory intimation with no quantitative or strategic information disclosed.

11-04-2026

Adani Airport City Limited, a step-down wholly owned subsidiary of Adani Enterprises Limited, incorporated four new wholly owned subsidiaries on April 8-9, 2026: Adani Mangaluru Airport City Limited (AMACL), Adani Jaipur Airport City Limited (AJACL), Adani Lucknow Airport City Limited (ALACL), and Adani TRV Airport City Limited (ATACL). Each entity has a paid-up share capital of ₹10,00,000, fully subscribed at face value by cash. These subsidiaries will focus on real estate activities including construction of buildings and short-term lodging facilities like hotels and motels.

• ·All incorporations in India
• ·100% shareholding held by Adani Airport City Limited (step-down WOS of Adani Enterprises Limited)
• ·No governmental or regulatory approvals required for incorporation
• ·Intimation received by Adani Enterprises Limited on April 11, 2026 at 03:20 PM IST

11-04-2026

The Board of Directors of Capricorn Systems Global Solutions Limited (listed transferee) approved the Scheme of Amalgamation of Radical Bio-Organics Limited (unlisted transferor) on April 11, 2026, following intimation on April 08, 2026. For the period ended February 28, 2026, Radical Bio-Organics reported significantly larger scale with total assets of Rs.225,86,91,258, turnover of Rs.451,86,12,423, and net worth of Rs.71,79,91,705 compared to Capricorn's Rs.28,77,68,478 assets, Rs.20,74,05,673 turnover, and Rs.26,32,66,281 net worth. The amalgamation at a 1:1 share exchange ratio is not a related party transaction and aims to provide strategic diversification into distillery manufacturing, operational and cost synergies, enhanced financial profile, and improved market position.

• ·Share exchange ratio: 01 fully paid-up equity share of Transferee (Capricorn) for every 01 fully paid-up equity share of Transferor (Radical).
• ·Transaction not a related party transaction.
• ·Capricorn primarily in import/export/dealing in commodities (crops, minerals, textiles, food/beverages, manufactured goods) with minimal software services revenue.
• ·Radical engaged in manufacture of distillery products.
• ·Board meeting held on April 11, 2026, from 4:30 p.m. to 5:05 p.m.

11-04-2026

Ashok Dilipkumar Jain, along with Persons Acting in Concert (PACs) Kajal Ashok Jain and Viha Ashok Jain, acquired 2,28,000 equity shares (6.57% of post-acquisition capital) of Le Lavoir Limited on 30th March 2026, increasing their aggregate holding from 1,11,300 shares (3.44%) to 3,39,300 shares (9.78%). The acquisition expanded the company's total equity share capital from 32,40,000 shares (₹3,24,00,000) to 34,68,000 shares (₹3,46,80,000). No encumbrances, warrants, or other instruments were reported.

• ·Equity shares face value: Rs. 10 each
• ·Disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011
• ·No shares encumbered, no voting rights otherwise than by shares, no warrants/convertible securities
• ·Filing date: 11 April 2026

11-04-2026

BSE received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Arunjyoti Bio Ventures Ltd (530881) regarding acquisition activity by Chennupati Sarath Kumar. No quantitative details such as shares acquired, percentage stake change, deal value, or transaction dates are disclosed in the filing. This is a regulatory compliance filing with no financial metrics or performance data provided.

11-04-2026

BSE has received disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tai Industries Ltd. (scrip: 519483) from Octagon Merchants Pvt Ltd, Parton Vinimay Pvt Ltd, and their PACs. This indicates intention for substantial acquisition of shares potentially triggering open offer obligations. No quantitative details such as stake size, transaction value, or timelines are disclosed.

11-04-2026

Somany Ceramics Limited received the First Motion Order from NCLT Kolkata Bench on April 9, 2026 (uploaded April 10), for the Scheme of Amalgamation of its wholly-owned subsidiaries Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited into the company, effective from the appointed date of April 1, 2025. The order dispenses with meetings for equity shareholders and creditors of the transferor companies and secured creditors of all companies, but directs convening of meetings for Somany Ceramics' 31,494 equity shareholders and 1,167 unsecured creditors on June 13, 2026, via video conferencing. No financial details, valuation reports, or share issuances are required as transferor shares will be cancelled.

• ·Board approvals for the Scheme occurred on November 7, 2025.
• ·Scheme filed with stock exchanges on November 20, 2025.
• ·NCLT case number: C.A (CAA) NO. 35/KB/2026.
• ·No secured or unsecured creditors for Somany Bathware Limited and SR Continental Limited; no secured creditors for Somany Excel Vitrified Private Limited.
• ·No-objection from stock exchanges not required as transferors are wholly-owned unlisted subsidiaries.
• ·Scheme not under Competition Act, 2002 purview; accounting treatment confirmed compliant by statutory auditors.