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India Technology Sector Merger & Acquisition Filings — December 22, 2025

India Tech M&A Activity

57 medium priority57 total filings analysed

Executive Summary

On December 22, 2025, a surge of 57 regulatory filings revealed heightened M&A and substantial acquisition activity across Indian markets, dominated by SEBI SAST Regulation 29(2) prior intimations for >5% stake builds, despite the 'India Tech M&A' stream label showing limited pure tech involvement (e.g., Covidh Technologies, Hiliks Technologies). Cross-filing patterns indicate promoter/PAC confidence via stake accumulation in small/mid-caps spanning infra, finance, auto, and cement, with notable catalysts like Samvardhana Motherson's acquisition disclosures and Ambuja Cements-led cement consolidations (ACC/Orient mergers). Neutral sentiment and medium materiality prevail, signaling routine consolidation momentum without systemic shocks, but cumulative volume suggests alpha in takeover targets and sector leaders amid low-disclosure opacity.

Tracking the trend? Catch up on the prior India Technology Sector Merger & Acquisition Filings digest from December 21, 2025.

Investment Signals(4)

  • Promoter/PAC stake building via Reg 29(2) disclosures in 40+ firms [BULLISH] - Targets like Hiliks Technologies, Storage Technologies, Wardwizard Innovations

  • Samvardhana Motherson's repeated investor presentations on acquisition [BULLISH] - Samvardhana Motherson International

  • Cement sector amalgamation approvals for ACC/Orient into Ambuja [BULLISH] - Ambuja Cements

  • Open offer progress (pre/post ads) in Avishkar Infra, Covidh Tech, S.A.L. Steel [NEUTRAL-to-BULLISH] - Potential takeover premiums

Risk Flags(3)

  • Widespread lack of quantitative details (deal size, % stakes, valuations NOT_DISCLOSED in 90%+ filings) obscures impact assessment and raises RPT/governance concerns

  • High-volume SAST disclosures on single day may trigger SEBI scrutiny for coordinated activity or insider trading

  • Pending regulatory approvals (NCLT/CCI/SEBI) for cement mergers and open offers could delay/derail deals

Opportunities(4)

  • Target small-cap SAST filers (e.g., Hiliks Tech, Storage Tech) for takeover premium upside as promoter buys signal confidence

  • Long Ambuja Cements on cement consolidation synergies post-ACC/Orient mergers for market share gains

  • Monitor Samvardhana Motherson disclosures for strategic auto/tech-adjacent M&A catalysts

  • Exploit group restructurings (e.g., Welspun Corp subsidiary buy) for simplified structures enhancing listed entity value

Sector Themes(3)

  • Promoter-led stake accumulation in fragmented small/mid-caps (infra/finance heaviest), indicating bottom-up consolidation amid neutral sentiment

  • Progress in open offers and scheme approvals (cement/auto), pointing to maturing M&A cycle with limited tech focus despite stream label

  • Routine SAST compliance flood (Reg 29(2)/10(5)/10(6)) reflects heightened deal flow, correlating with portfolio simplification trends

Watch List(4)

  • 👁

    Samvardhana Motherson International - Multiple identical acquisition presentations; track detailed public statement for target/revenue impact

  • 👁

    Ambuja Cements/ACC/Orient Cement - Merger scheme approvals; monitor NCLT/CCI nods and swap ratio disclosures for execution risks/opportunities

  • 👁

    Welspun Corp - Promoter-to-company subsidiary share transfers; watch for valuation/terms to assess governance/RPT flags

  • 👁

    Tech-adjacent targets (Covidh Tech, Hiliks Tech, Storage Tech) - Reg 29(2) filings amid sparse sector activity; potential for M&A breakout

Filing Analyses(57)
UnknownMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Avishkar Infra Realty Ltd (508929) - Kunvarji Finstock Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-offer Advertisement and ...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Avishkar Infra Realty Ltd (508929) - Kunvarji Finstock Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-offer Advertisement and Corrigendum to the Detailed Public Statement under Regulation 18(7) in terms of SEBI (Subst
COVIDH TECHNOLOGIES LIMITEDMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Covidh Technologies Ltd (534920) - Bonanza Portfolio Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-offer Advertisement and Corrig...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Covidh Technologies Ltd (534920) - Bonanza Portfolio Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-offer Advertisement and Corrigendum to the Detailed Public Statement, in accordance with under Regulation 18(7) of SEBI
Storage Technologies and Automation LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Storage Technologies and Automation Ltd (544171) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Storage Technologies and Automation Ltd (544171) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hanif Abdul Gaffar Khatri
HILIKS TECHNOLOGIES LIMITEDMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Hiliks Technologies Ltd (539697) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Tak...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Hiliks Technologies Ltd (539697) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Enact Technologies Pvt Ltd
Signet Industries LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Signet Industries Ltd (512131) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeo...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Signet Industries Ltd (512131) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mukesh Sangla
J.J. Finance Corporation Ltd.Merger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - JJ Finance Corporation Ltd (523062) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & ...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·JJ Finance Corporation Ltd (523062) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anil Jhunjhunwala
Suryo Foods & Industries Ltd.Merger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Suryo Foods & Industries Ltd (519604) - Pursuant to Regulation 7(1)(b) of the SEBI(Prohibition of Insider Trading) Regulations, 2015, we hereby sub...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Suryo Foods & Industries Ltd (519604) - Pursuant to Regulation 7(1)(b) of the SEBI(Prohibition of Insider Trading) Regulations, 2015, we hereby submit the disclosures received in Form B of SEBI Circular No
  • ·SEBI/HO/ISD/ISD/CIR/P/2021/19 date
Neo Infracon Ltd.Merger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Neo Infracon Ltd (514332) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers)...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Neo Infracon Ltd (514332) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Darshik D Mehta
Prerna Infrabuild LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Prerna Infrabuild Ltd (531802) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeo...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Prerna Infrabuild Ltd (531802) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rishit P Shah
Bhartiya International LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Bhartiya International Ltd (526666) - The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & ...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Bhartiya International Ltd (526666) - The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Snehdeep Aggarwal
NISUS FINANCE SERVICES CO LIMITEDMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Nisus Finance Services Co Ltd (544296) - The Company has made its largest investments in the UAE to date, committing INR 536 Crore (USD 59.8 millio...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Nisus Finance Services Co Ltd (544296) - The Company has made its largest investments in the UAE to date, committing INR 536 Crore (USD 59
  • ·8 million) to Lootah Avenue, a completed residential building in Dubai Motor City
Arman Holdings LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Arman Holdings Ltd (538556) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeover...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Arman Holdings Ltd (538556) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arun Damji Gada & PACs
BirlaNu LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Birlanu Ltd (509675) - The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI ...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Birlanu Ltd (509675) - The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chandra
Gandhar Oil Refinery (India) LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Gandhar Oil Refinery (India) Ltd (544029) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Sha...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Gandhar Oil Refinery (India) Ltd (544029) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gandhar Coal & Mines Pvt Ltd
Berger Paints (I) LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Berger Paints India Ltd (509480) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Tak...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Berger Paints India Ltd (509480) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for U K Paints (India) Pvt Ltd
Aries Agro LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Aries Agro Ltd (532935) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) R...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Aries Agro Ltd (532935) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dr Rahul Mirchandani
Samvardhana Motherson International LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Samvardhana Motherson International Ltd (517334) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Prese...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Samvardhana Motherson International Ltd (517334) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Presentation with respect to acquisition disclosure dated December 22, 2025
UnknownMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Samvardhana Motherson International Ltd (974555) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Prese...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Samvardhana Motherson International Ltd (974555) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Presentation with respect to acquisition disclosure dated December 22, 2025
UnknownMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Samvardhana Motherson International Ltd (730372) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Prese...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Samvardhana Motherson International Ltd (730372) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Presentation with respect to acquisition disclosure dated December 22, 2025
Nilkamal LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Nilkamal Ltd (523385) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Reg...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Nilkamal Ltd (523385) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madanlal Jain
S.A.L. Steel LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - S.A.L. Steel Ltd (532604) - Vivro Financial Services Private Limited ("Manager to the Offer") has submitted to BSE a copy of Post Offer advertiseme...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·S
  • ·A
Gokul Agro Resources LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Gokul Agro Resources Ltd (539725) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Ta...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Gokul Agro Resources Ltd (539725) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ritika Infracon Pvt Ltd & PACs
NCL Industries LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - NCL Industries Ltd-$ (502168) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeov...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·NCL Industries Ltd-$ (502168) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for NCL Buildtek Ltd
Roto Pumps LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Roto Pumps Ltd (517500) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) R...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Roto Pumps Ltd (517500) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shalini Gupta
UnknownMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Samvardhana Motherson International Ltd (976861) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Prese...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Samvardhana Motherson International Ltd (976861) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Presentation with respect to acquisition disclosure dated December 22, 2025
UnknownMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Samvardhana Motherson International Ltd (912464) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Prese...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Samvardhana Motherson International Ltd (912464) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Presentation with respect to acquisition disclosure dated December 22, 2025
Archit Organosys LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Archit Organosys Ltd (524640) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeov...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Archit Organosys Ltd (524640) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kandarp Amin & PACs
UnknownMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Samvardhana Motherson International Ltd (975130) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Prese...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Samvardhana Motherson International Ltd (975130) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Presentation with respect to acquisition disclosure dated December 22, 2025
UnknownMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Motherson Sumi Systems Ltd, (973595) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Presentation with...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Motherson Sumi Systems Ltd, (973595) - Samvardhana Motherson International Limited has submitted with the Stock Exchange Investor Presentation with respect to acquisition disclosure dated December 22, 2025
Chadha Papers Ltd.Merger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Chadha Papers Ltd (531946) - The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & T...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Chadha Papers Ltd (531946) - The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jatinder Kaur Chadha
Akums Drugs and Pharmaceuticals LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Akums Drugs and Pharmaceuticals Ltd (544222) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of ...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Akums Drugs and Pharmaceuticals Ltd (544222) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ruby Qc Investment Holdings Pte Ltd
Welspun Corp LimitedMerger/Acquisitionneutralmateriality 2/10

22-12-2025

Welspun Corp Ltd announced an update on acquiring shares of its subsidiary, Welspun Specialty Solutions Limited, from the Promoter Group. No details on deal size, valuation, share count, or consideration type are disclosed. This appears to be an internal promoter-to-company share transfer with limited disclosed impact.

  • ·Acquisition of subsidiary shares by Welspun Corp from Promoter Group.
  • ·All quantitative data (transaction value, share count, percentages) NOT_DISCLOSED.
  • ·Promoter activity involves transfer of subsidiary stake to listed entity.
UnknownMerger/Acquisitionneutralmateriality 2/10

22-12-2025

Welspun Corp Ltd provided an update on acquiring shares of its subsidiary, Welspun Specialty Solutions Limited, from the Promoter Group. No deal size, valuation, share count, or other quantitative details disclosed. This appears to be an internal restructuring transaction.

  • ·Acquisition of subsidiary shares from Promoter Group by Welspun Corp Ltd.
  • ·Target: Welspun Specialty Solutions Limited (existing subsidiary).
  • ·All financial metrics, percentages, and deal structure details: NOT_DISCLOSED.
UnknownMerger/Acquisitionneutralmateriality 3/10

22-12-2025

Welspun Corp Ltd announced an update on acquiring shares of its subsidiary, Welspun Specialty Solutions Limited, from the Promoter Group. No details on deal size, valuation, share count, or consideration type are disclosed. This internal transaction likely aims at consolidating ownership within the group.

  • ·Acquisition of subsidiary shares from Promoter Group by Welspun Corp Ltd
  • ·Target: Welspun Specialty Solutions Limited (confirmed subsidiary)
  • ·All quantitative details (value, shares, %) NOT_DISCLOSED
Sigachi Industries LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Sigachi Industries Ltd (543389) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Take...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Sigachi Industries Ltd (543389) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Raj Sinha & PACs
Texmaco Infrastructure & Holdings LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Texmaco Infrastructure & Holdings Ltd (505400) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition o...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Texmaco Infrastructure & Holdings Ltd (505400) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akshay Poddar
Monarch Networth Capital LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Monarch Networth Capital Ltd (511551) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares ...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Monarch Networth Capital Ltd (511551) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Monarch Infrapark Pvt Ltd
Looks Health Services LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Looks Health Services Ltd (534422) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & T...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Looks Health Services Ltd (534422) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Maxgainz Finserve Pvt Ltd
Transport Corporation of India LimitedMerger/Acquisitionneutralmateriality 2/10

22-12-2025

BSE received a disclosure under SEBI SAST Regulation 29(2) for Transport Corporation of India Ltd (532349) involving Bhoruka Supply Chain Solutions Holdings Ltd. This signals potential substantial acquisition of shares or voting rights. No details on deal structure, size, valuation, or parties' roles are disclosed.

  • ·SEBI SAST Reg 29(2) prior intimation disclosure filed
  • ·Involves Bhoruka Supply Chain Solutions Holdings Ltd
  • ·No quantitative data (transaction value, share count, percentages: NOT_DISCLOSED)
Texmaco Rail & Engineering LimitedMerger/Acquisitionneutralmateriality 1/10

22-12-2025

BSE received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, from Akshay Poddar for Texmaco Rail & Engineering Ltd. This indicates a proposed substantial acquisition of shares, but no details on deal structure, value, shares, or percentages are provided. Analysis limited to disclosure fact; all quantitative and structural data NOT_DISCLOSED.

  • ·SEBI SAST Reg 29(2) disclosure by Akshay Poddar
  • ·Pertains to substantial acquisition of shares in Texmaco Rail & Engineering Ltd (533326)
  • ·No transaction value, share count, percentage, or other metrics disclosed
Vishnu Prakash R Punglia LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Vishnu Prakash R Punglia Ltd (543974) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares ...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Vishnu Prakash R Punglia Ltd (543974) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pushpa Pungalia
JK Tyre & Industries LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - JK Tyre & Industries Ltd (530007) - Effectiveness of the Scheme of Amalgamation (Scheme).

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·JK Tyre & Industries Ltd (530007) - Effectiveness of the Scheme of Amalgamation (Scheme)
Global Longlife Hospital and Research LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Global Longlife Hospital and Research Ltd (543520) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisiti...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Global Longlife Hospital and Research Ltd (543520) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sucheta Dhruvkumar Jani
ACCEL LIMITEDMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Accel Ltd (517494) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regula...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Accel Ltd (517494) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for N R Panicker
Zuari Agro Chemicals LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Zuari Agro Chemicals Ltd (534742) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Ta...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Zuari Agro Chemicals Ltd (534742) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jyotsna Poddar
Kesar Enterprises Ltd.Merger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Kesar Enterprises Ltd-$ (507180) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Tak...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Kesar Enterprises Ltd-$ (507180) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Natasha Harsh Kilachand
PRO CLB GLOBAL LIMITEDMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Pro Clb Global Ltd (540703) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeover...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Pro Clb Global Ltd (540703) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Niraj Chamaria
ZUARI INDUSTRIES LIMITEDMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Zuari Industries Ltd (500780) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeov...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Zuari Industries Ltd (500780) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akshay Poddar
SML Mahindra LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - SML Mahindra Ltd (505192) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers)...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·SML Mahindra Ltd (505192) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navodya Enterprises
WARDWIZARD INNOVATIONS AND MOBILITY LIMITEDMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Wardwizard Innovations & Mobility Ltd (538970) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition o...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Wardwizard Innovations & Mobility Ltd (538970) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte
Jash Engineering LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Jash Engineering Ltd (544402) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeov...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Jash Engineering Ltd (544402) - The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pratik Patel
Deep Diamond India LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Deep Diamond India Ltd (539559) - The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Take...

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Deep Diamond India Ltd (539559) - The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhavishya Ecommerce Pvt Ltd
Prestige Estates Projects LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

filed Merger/Acquisition on December 22, 2025 - Prestige Estates Projects Ltd (533274) - Press Release titled "Prestige Group Strengthens Chennai Portfolio with 25-Acre Acquisition in Medavakkam"

  • ·Filing Type: Merger/Acquisition
  • ·Priority: MEDIUM
  • ·Prestige Estates Projects Ltd (533274) - Press Release titled "Prestige Group Strengthens Chennai Portfolio with 25-Acre Acquisition in Medavakkam"
ACC LimitedMerger/Acquisitionneutralmateriality 4/10

22-12-2025

BSE filing discloses approval of scheme of amalgamation where ACC Limited (amalgamating company) merges into Ambuja Cements Limited (amalgamated company). No financial details, swap ratio, valuation, or quantitative metrics are provided in the summary. This is a factual disclosure of merger approval without further specifics.

  • ·Merger structure: Amalgamation of ACC into Ambuja Cements.
  • ·Parties: ACC (amalgamating), Ambuja Cements (amalgamated).
  • ·All quantitative data (deal size, swap ratio, shareholding changes) NOT_DISCLOSED.
Ambuja Cements LimitedMerger/Acquisitionneutralmateriality 7/10

22-12-2025

Ambuja Cements Limited has received approval for a scheme of amalgamation involving ACC Limited and Orient Cement Limited merging into Ambuja Cements as the surviving entity. This is a consolidation play in the cement sector (despite user-noted technology sector). No financial details, valuations, or swap ratios are disclosed in the filing.

  • ·Scheme of amalgamation: ACC Limited and Orient Cement Limited merging into Ambuja Cements Limited.
  • ·Event: Approval announced on BSE on December 22, 2025.
  • ·All quantitative data (deal size, swap ratio, shareholding changes) NOT_DISCLOSED.
Orient Cement LimitedMerger/Acquisitionneutralmateriality 6/10

22-12-2025

BSE filing discloses approval of the Scheme of Amalgamation of Orient Cement Limited with Ambuja Cements Limited. This indicates a merger where Orient Cement is amalgamating into Ambuja Cements, with no details on valuation, swap ratio, or consideration provided. All quantitative metrics such as transaction value, share counts, and financial impacts are NOT_DISCLOSED.

  • ·Approval of amalgamation scheme between Orient Cement (target) and Ambuja Cements (surviving entity)
  • ·No deal structure details like swap ratio, valuation, or transaction type disclosed
  • ·Cement sector consolidation implied, despite summary labeling as 'technology'

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India Technology Sector Merger & Acquisition Filings — December 22, 2025 | Gunpowder Blog