India Technology Sector Merger & Acquisition Filings — December 14, 2025

13-12-2025

Spice Lounge Food Works Ltd announced a Board meeting on 17/12/2025 pursuant to SEBI LODR Regulations 29 and 30 to consider and approve undisclosed matters. No details on any merger/acquisition, parties, valuation, or structure are provided in the filing. Event labeled as Merger/Acquisition by query, but unconfirmed by source.

• ·Board meeting scheduled for 17/12/2025
• ·Pursuant to Regulation 29 (prior intimation) and 30 (disclosure of events)
• ·No quantitative data, deal specifics, or agenda details disclosed; all metrics NOT_DISCLOSED

13-12-2025

Hindustan Unilever Ltd (HUL) disclosed a material update on a Scheme of Arrangement, including communication from Kwality Wall's (India) Limited. No details on deal structure, valuation, parties' roles, or quantitative metrics are provided in the summary. This is an informational disclosure with high uncertainty.

• ·Material update linked to Scheme of Arrangement
• ·Communication received from Kwality Wall's (India) Limited
• ·No transaction value, swap ratio, financial metrics, or shareholding changes disclosed

13-12-2025

Banganga Paper Industries Ltd announced a board meeting scheduled for December 17, 2025, to consider and approve matters pursuant to SEBI LODR Regulation 29(1)(d), which relates to potential mergers, amalgamations, or similar schemes. No specific details on deal structure, parties, valuation, or transaction type are disclosed in the filing. This is an early-stage informational disclosure with no quantitative data provided.

• ·Board meeting on 17/12/2025 to consider items under Regulation 29(1)(d) (merger/amalgamation/etc.).
• ·No parties, deal size, swap ratio, or financial metrics disclosed.
• ·Event labeled as Merger/Acquisition but only board consideration announced.

13-12-2025

Prime Fresh Ltd (540404) issued a business update on acquisition of land, classified as a Merger/Acquisition event, but no specific details on structure, parties, valuation, or financials are disclosed in the provided information. This appears to be a land acquisition rather than a full merger or entity acquisition. Analysis is limited due to absence of quantitative data or strategic rationale from the filing.

• ·Event: Business Update on Acquisition of Land (NOT a merger; land asset acquisition)
• ·No deal size, valuation, parties, or transaction type disclosed
• ·Quantitative data (transaction value, shares, percentages): ALL NOT_DISCLOSED

13-12-2025

BSE received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Darshik D Mehta for Neo Infracon Ltd (514332), indicating intention to acquire shares. No details on deal structure, size, parties beyond acquirer, valuation, or quantitative metrics provided. This is a substantial acquisition disclosure, not a merger.

• ·Regulation 29(2) SAST disclosure by Darshik D Mehta.
• ·Event labeled as Merger/Acquisition but filing specifies share acquisition intention only.
• ·All quantitative data (transaction value, share count, % changes, financials) NOT_DISCLOSED.

13-12-2025

BSE received a disclosure under SEBI SAST Regulations 31(1) and 31(2) from Sungrowth Share & Stocks Ltd for Incredible Industries Ltd (538365) on December 13, 2025. No details on acquisition size, shareholding changes, or transaction structure provided. This indicates potential substantial share acquisition activity requiring regulatory reporting.

• ·SAST disclosure filed by Sungrowth Share & Stocks Ltd
• ·No quantitative data (shares, %, value) disclosed
• ·Compliance with SEBI takeover regulations

13-12-2025

Jindal Steel Ltd (532286) received a disclosure under Regulation 29(2) of SEBI SAST Regulations from Jindal Cement Industries Pvt Ltd, indicating a substantial acquisition or disposal of shares crossing specified thresholds. No details on deal structure, valuation, share counts, percentages, or other quantitative metrics are disclosed in the filing. This is an informational SAST compliance filing with no merger or acquisition specifics provided.

• ·SEBI SAST Reg 29(2) disclosure by Jindal Cement Industries Pvt Ltd for Jindal Steel Ltd
• ·Event signals shareholding threshold cross (e.g., 5% acquisition or 2% change), but details NOT_DISCLOSED
• ·No merger, valuation, swap ratio, or financial metrics mentioned

13-12-2025

Fiberweb India Ltd has filed a disclosure under SEBI SAST Regulation 29(2) for Gayatri Pipes & Fittings Pvt Ltd, indicating a proposed substantial acquisition of shares. No details on deal structure, valuation, or quantitative metrics are provided in the filing. This is an early-stage informational disclosure with limited actionable data.

• ·Regulation 29(2) disclosure signals intent for substantial share acquisition (>5% threshold likely)
• ·Parties: Gayatri Pipes & Fittings Pvt Ltd (disclosing entity), Fiberweb India Ltd (target)
• ·All quantitative data (transaction value, share count, percentages) NOT_DISCLOSED

13-12-2025

BSE received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, from Catalyst Trusteeship Ltd pertaining to Mac Charles India Ltd (507836). No details on deal structure, parties beyond the discloser, transaction value, share count, or percentages are provided. This signals potential substantial acquisition activity but lacks specifics for deeper analysis.

• ·Disclosure under SEBI SAST Reg 29(1) by Catalyst Trusteeship Ltd
• ·Target company: Mac Charles India Ltd (507836), technology sector
• ·No quantitative data (value, shares, %) or structural details disclosed

13-12-2025

Embassy Developments Ltd (532832) has disclosed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, filed by Catalyst Trusteeship Ltd, indicating a potential substantial acquisition of shares. No details on deal structure, valuation, parties, or quantitative metrics are provided in the filing. This is an early-stage regulatory notice with limited actionable information.

• ·SEBI SAST Regulation 29(2) disclosure received by BSE
• ·Filed by Catalyst Trusteeship Ltd for Embassy Developments Ltd
• ·No numerical data (transaction value, share count, percentages: NOT_DISCLOSED)

13-12-2025

BSE received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Gandhar Coal & Mines Pvt Ltd regarding Gandhar Oil Refinery (India) Ltd. This signals intention to acquire shares reaching 5% or more threshold in the listed company. No deal structure, valuation, or quantitative details are disclosed.

• ·Regulation 29(2) SAST disclosure indicates acquirer's intent to cross 5% shareholding
• ·Acquirer: Gandhar Coal & Mines Pvt Ltd; Target: Gandhar Oil Refinery (India) Ltd
• ·All quantitative data (transaction value, share count, percentages) NOT_DISCLOSED

13-12-2025

BSE received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, from Anil Champalal Jain for Bajaj Healthcare Ltd (539872). This indicates intention for a substantial acquisition of shares, but no details on structure, size, valuation, or parties beyond the acquirer are provided. All quantitative data including transaction value, share count, and percentages are NOT_DISCLOSED.

• ·Early-stage SAST disclosure (Reg 29(1)) by individual acquirer Anil Champalal Jain
• ·Target: Bajaj Healthcare Ltd; no merger/amalgamation details mentioned
• ·No financial metrics, swap ratios, or stakeholder impacts disclosed

13-12-2025

BSE received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Tasneef Ahmad Mirza & PACs for Mirza International Ltd (526642), indicating intention to acquire shares crossing substantial thresholds. No details on deal structure, valuation, share count, percentages, or other financial metrics are disclosed. This is a regulatory filing signaling potential promoter-led acquisition activity, not explicitly a merger.

• ·Disclosure under SEBI SAST Reg 29(2) by Tasneef Ahmad Mirza & PACs.
• ·Target: Mirza International Ltd (526642).
• ·All quantitative data (transaction value, share count, % changes, financial metrics): NOT_DISCLOSED.

13-12-2025

Essar Shipping Ltd (533704) has filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, from Energy II Ltd, Bermuda (PAC), indicating intention to acquire substantial shares. No details on deal structure, size, valuation, or terms are disclosed. This is an early-stage mandatory disclosure requiring further filings for clarity.

• ·SEBI SAST Reg 29(2) disclosure by Energy II Ltd, Bermuda (PAC)
• ·Target: Essar Shipping Ltd (BSE: 533704)
• ·No quantitative data (transaction value, share count, percentages) disclosed

13-12-2025

BSE received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Life Insurance Corporation of India (LIC) pertaining to Coal India Ltd (533278). No details on acquisition size, value, percentage, or transaction structure are disclosed. This indicates LIC's intention to acquire substantial shares in Coal India.

• ·Acquirer: Life Insurance Corporation of India (LIC)
• ·Target: Coal India Ltd (533278)
• ·Disclosure under SEBI SAST Regulation 29(2); all quantitative data (transaction value, share count, % changes) NOT_DISCLOSED

13-12-2025

Ganon Products Ltd (512443) has received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Kamla Business Ventures Pvt Ltd. This signals potential substantial acquisition activity, but no details on deal structure, size, shares, or percentages are provided. Analysis limited to filing facts only.

• ·SEBI SAST Reg 29(2) disclosure by Kamla Business Ventures Pvt Ltd
• ·No quantitative data (transaction value, share count, % changes: NOT_DISCLOSED)
• ·Event labeled as Merger/Acquisition, but filing specifies SAST disclosure only

13-12-2025

JTL Industries Ltd (534600) filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, for Vijay Singla, signaling intent to acquire shares crossing specified thresholds. No details on deal structure, valuation, share count, percentages, or other quantitative data are disclosed. This is an early-stage SAST compliance filing with limited actionable information.

• ·Regulation 29(2) disclosure by Vijay Singla for potential substantial share acquisition.
• ·All quantitative metrics (transaction value, share count, % changes, shareholding patterns) are NOT_DISCLOSED.
• ·Promoter activity flagged under SEBI SAST; no merger/amalgamation details provided.

13-12-2025

BSE received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from Riaan Ventures Pvt Ltd and SGR Holdings Pvt Ltd for Shradha AI Technologies Ltd (543976). No details on merger/acquisition structure, valuation, parties' roles, or quantitative metrics are provided in the filing. This indicates potential substantial acquisition or shareholding change activity.

• ·SEBI SAST Regulation 29(2) disclosure filed
• ·Involves Riaan Ventures Pvt Ltd and SGR Holdings Pvt Ltd
• ·Target: Shradha AI Technologies Ltd (BSE: 543976), technology sector
• ·All quantitative data (deal size, shares, percentages, financials): NOT_DISCLOSED

13-12-2025

SBL Infratech Ltd (BSE:543366) filed a disclosure under SEBI SAST Regulation 29(2) by Ms. Shifali Sharma on December 13, 2025, indicating a potential substantial acquisition or disposal of shares crossing shareholding thresholds. No details on transaction size, share count, percentage changes, or parties beyond the discloser are provided. This is an early-stage SAST compliance filing with no merger or acquisition structure disclosed.

• ·Disclosure under Reg 29(2) SAST by Ms. Shifali Sharma for SBL Infratech Ltd.
• ·Event signals possible 5%+ shareholding attainment or 2%+ change, per SEBI norms.
• ·All quantitative data (transaction value, shares, % changes, financials) NOT_DISCLOSED.

13-12-2025

Wealth Mine Networks Pvt Ltd, as Manager to the Open Offer, submitted a Public Announcement to BSE for Nirbhay Colours India Ltd (526349) under SEBI SAST Regulations 3(1), 4, 13, 14, and 15(1). This signals an open offer likely triggered by substantial share acquisition, but no details on acquirer, target stake, valuation, or terms are disclosed. Event classified as acquisition via open offer, not merger/amalgamation.

• ·Public Announcement filed for Open Offer under SEBI (SAST) Regulations.
• ·Target: Nirbhay Colours India Ltd (526349); Manager: Wealth Mine Networks Pvt Ltd.
• ·No quantitative data (deal size, share count, percentages, financials) disclosed.