India Merger Acquisition MCA Regulatory Filings — October 21, 2026

21-10-2026

PDS Limited, through its step-down subsidiary PDS Sourcing Limited, Mauritius, acquired the remaining 49% equity stake in DBS Lifestyle Limited, Hong Kong from Mr. Bhawnish Suri and Mrs. Divya Suri for a cash consideration of USD 4,900 (~₹465,059), effective October 20, 2026, raising its holding from 51% to 100%. The move is part of the divestment of PDS's 51% stake in DBS Lifestyle India Private Limited and is intended to simplify the shareholding structure and support turnaround initiatives; the target's FY2025-26 turnover was ₹0.91 Cr, with nil turnover reported for FY2024-25 and FY2023-24, indicating a very small, early-stage business.

• · Transaction is not a related party transaction and promoter/promoter group have no interest in the target
• · No governmental or regulatory approvals required; no indicative completion timeline applicable
• · Company received information regarding the acquisition on October 21, 2026
• · Acquisition is a follow-on to earlier intimations dated August 20, 2026 and September 21, 2026 regarding the SPA for the divestment of 51% in DBS Lifestyle India
• · Target was incorporated in Hong Kong effective December 8, 2022 to support international expansion of DBS Lifestyle India

21-10-2026

Kiri Industries Limited has disclosed under Regulation 30 of the SEBI Listing Regulations that it has incorporated ANDEMINA SpA as a wholly owned subsidiary in Chile, subscribing to 100% of its initial capital of CLP 100,000 (100 fully paid shares) out of a registered capital of CLP 30,000,000. The entity is newly incorporated, has generated no revenue, and is being set up to pursue mining exploration, development, processing, trading and related investment activities in Chile and other jurisdictions.

• · The transaction is a subsidiary incorporation rather than an acquisition of an existing business; the entity has no operational revenue and has not commenced business
• · Consideration is cash, and the company states the promoter and promoter group have no interest in the transaction, so it is not a related party transaction in substance
• · No governmental or regulatory approvals are noted as required, and no indicative completion timeline applies

21-10-2026

Innovators Facade Systems Limited has intimated BSE under Regulation 29 of the SEBI LODR Regulations that its Board will meet on Monday, 26 October 2026 to consider (i) a proposal to raise funds and/or acquire, in one or more tranches, through issuance of equity shares, convertible or other eligible securities, subject to shareholder and regulatory approvals, and (ii) fixing the date, time and venue of an Extraordinary General Meeting. The company has also disclosed that its trading window closed on 1 October 2026 and will remain closed until 48 hours after the declaration of its unaudited results for the half year ended 30 September 2026.

• · Board meeting scheduled for Monday, 26 October 2026 at the registered office
• · Trading window closed effective 1 October 2026, remaining closed until 48 hours after H1 FY27 unaudited results (half year ended 30 September 2026) are declared
• · Fund raising proposal is subject to shareholder approval and receipt of other regulatory/statutory approvals; no amount, instrument type or investor identity is disclosed
• · Filing references SEBI ICDR Regulations 2018 and SEBI PIT Regulations 2015

21-10-2026

Pine Labs Limited has subscribed to a rights issue of 49,869 equity shares of its wholly owned subsidiary Synergistic Financial Networks Private Limited (SFNPL) for an investment of INR 24,99,93,297 (approximately INR 24.99 Crore), in cash. The investment is intended to fund SFNPL's working capital, support growth, and enable further investments in its step-down subsidiaries; the company's shareholding in SFNPL remains unchanged. SFNPL's turnover declined from INR 1,983.9 million in FY25 to INR 1,897.5 million in FY26, a decrease of approximately 4.4% YoY, while FY26 turnover was still slightly below FY24 levels of INR 1,967.7 million (approximately -3.6%).

• · Transaction is not a related party transaction and involves no promoter or group company interest
• · No governmental or regulatory approvals required for the investment
• · SFNPL was incorporated March 12, 2008 and operates in the Financial Technology industry in India
• · SFNPL's turnover declined in FY26 after a marginal ~0.8% rise in FY25, with FY26 still below FY24 levels

21-10-2026

Pearl Global Industries Limited disclosed under Regulation 30 that its step-down subsidiary, Vin Pearl Global Vietnam Limited, incorporated a new subsidiary, Great Pearl Vietnam Global Limited, in Vietnam on October 20, 2026. The initial investment is USD 1.2 Million in cash, for 100% of the paid-up share capital. The filing is a routine incorporation disclosure and does not describe an acquisition of an existing business.

• · Incorporation date is October 20, 2026, in Vietnam
• · Industry is apparels; the entity will manufacture garments and provide garment processing and embroidery services
• · Regulatory approval came from the Department of Finance, Bac Ninh City Business Registration and Enterprise Management Office
• · Filing references Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026

21-10-2026

Laxmi Dental Limited has announced that Leelaben Foundation, a proposed Section 8 company limited by guarantee, was incorporated on October 21, 2026, following Board approval on October 8, 2026 for the Company to become a member of the Foundation. The Ministry of Corporate Affairs issued the Certificate of Incorporation and the Section 8 licence, both dated October 21, 2026. The filing is a regulatory intimation under Regulation 30 of the SEBI LODR Regulations, 2015, and does not disclose any monetary commitment, acquisition, or financial impact.

• · Foundation CIN: U86909MH2026NPL476866
• · Foundation registered office address: 103, Akruti Arcade, J.P. Road, Azad Nagar, Mumbai, Maharashtra 400053, the same address as Laxmi Dental Limited's registered office
• · Certificate of Incorporation and Section 8(1) licence issued by the Central Registration Centre, MCA, Manesar
• · Filing made under Regulation 30 of SEBI LODR Regulations, 2015, referencing prior intimation dated October 8, 2026

21-10-2026

Ace Software Exports Limited completed the acquisition of 100% of the equity share capital of QeApps Private Limited for ₹12,00,00,000 (Rupees Twelve Crore) in cash, making it a wholly owned subsidiary, and invested an additional ₹1,00,00,000 in QeLearn Private Limited and ₹7,00,00,000 in QeMFG Private Limited, all funded from Rights Issue proceeds. The QeApps acquisition is a related party transaction because certain Promoter Group members hold shares in the target, though it was reportedly done at arm's length based on a valuation report. Reported turnover is mixed: QeApps grew from ₹65 Lakh to ₹95 Lakh (about +46%), QeLearn declined from ₹100.66 Lakh to ₹123.47 Lakh (about +23% in FY26 but still well below its ₹197.88 Lakh in FY24), and QeMFG reported ₹94.78 Lakh in FY26 versus nil in FY25.

• · The QeApps acquisition is a related party transaction because certain Promoter and Promoter Group members are shareholders of QeApps Private Limited
• · QeLearn revenue fell from ₹197.88 Lakh in FY 2023-24 to ₹123.47 Lakh in FY 2025-26, a decline of about 37.6% over two years despite recent recovery
• · The disclosure lists different indicative completion dates for each transaction (October 20, 2026 for QeApps, October 16, 2026 for QeLearn, October 17, 2026 for QeMFG), which precede the October 21, 2026 filing date
• · QeApps was originally incorporated as an LLP in September 2023 and converted to a private limited company in May 2025

21-10-2026

Eternal Limited's board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with two transactions: a slump sale of the Going-out India business to its wholly owned subsidiary Zomato Entertainment Private Limited (ZEPL) for cash consideration of approximately INR 130.76 crore, and a share swap in which the company exchanges its stake in Adonmo Private Limited for shares in Vivish Technologies Private Limited (Mygate), leaving it with an approximately 4.4% fully diluted stake in the merged Mygate entity valued at INR 156 crore. The Mygate transaction is a step toward a proposed merger of Adonmo and Mygate, and the company had originally invested INR 112 crore in Adonmo in January 2022.

• · Going-out India business from OTPL and WEPL will also be consolidated into ZEPL, subject to board evaluation of implementation means
• · Slump sale BTA expected to complete within 30 days of execution; Adonmo-Mygate transaction definitive agreements due by October 31, 2026, with completion on or before December 5, 2026
• · Identified Business revenue of INR 587 Cr (5.39% of standalone revenue) and net worth of INR 8 Cr (0.02%) indicate a small segment relative to the Company
• · Transaction is a related-party transaction with ZEPL and is stated to be at arm's length under Income-tax Rules valuation; Mygate deal is not a related-party transaction
• · Mygate revenue grew from INR 96 Cr to INR 229 Cr over FY24 to FY26, while the Company's Adonmo stake is exchanged at a current value of INR 156 Cr against an INR 112 Cr original cost