India Sector Consolidation Regulatory Filings — October 09, 2026

09-10-2026

Nimbus Projects Limited announced the incorporation on October 08, 2026 of IITL Nimbus The Hyde Park Private Limited, converted from the partnership firm IITL Nimbus The Hyde Park in which the company was a partner. The company's capital contribution of Rs. 25,00,000 was converted into 2,50,000 equity shares of Rs. 10 each, giving it a 66.66% stake, with Managing Director Mr. Bipin Agarwal holding the remaining 33.37%. The transaction was described as a related party transaction conducted on an arm's length basis, and the target's turnover history shows a sharp swing from Rs. 3.86 Crores in FY 2023-24 to Rs. 0.07 Crores in FY 2024-25 and Rs. 1.60 Crores in FY 2025-26.

• · Hyde Park was incorporated on October 08, 2026, following Ministry of Corporate Affairs approval received on October 08, 2026
• · Hyde Park's FY 2025-26 turnover rebounded to Rs. 1.60 Crores from Rs. 0.07 Crores in FY 2024-25, after declining from Rs. 3.86 Crores in FY 2023-24
• · No financial statements are yet available for the newly incorporated entity, so turnover is listed as not applicable
• · No indicative completion timeline applies, as the conversion was already executed

09-10-2026

Popees Baby Care India Limited (formerly Hari Govind International Ltd.) announced the acquisition of 99.31% of Popees Baby Care Products Limited (PBCPL) via a share swap arrangement. The Board approved a preferential issue of up to 2,60,44,323 equity shares and 98,53,471 convertible warrants at ₹142.44 per share to PBCPL shareholders, with the total consideration valued at ₹511,32,81,777. The acquisition aims to consolidate management control (promoters' post-swap holding at 69.63%) and leverage PBCPL's baby products business, which reported a turnover of ₹4,581.72 Lakh for the quarter ended June 30, 2026. The company also approved increasing authorized share capital from ₹10,25,00,000 to ₹47,00,00,000.

• · The Board meeting commenced at 04:30 PM and concluded at 09:30 PM on October 08, 2026.
• · The relevant date for the preferential issue is fixed as October 19, 2026.
• · The EGM is scheduled for November 18, 2026 at 12:00 PM via video conferencing.
• · The warrants are convertible into equity shares within 18 months from the date of allotment.
• · The company has appointed CS Liya Antony as scrutinizer for e-voting.
• · The acquisition is not a related party transaction, but Shaju Thomas and Linta Purayidathil Jose are common promoters in both companies.

09-10-2026

StarlinePS Enterprises Limited has completed the acquisition of 12,500 equity shares, representing 33.33% of the issued and paid-up share capital of Celloraa Energy Private Limited, for a total consideration of Rs. 80 Crore. This update follows earlier intimations dated 29 June 2026 and 31 August 2026 regarding a planned 50% stake in the aggregate post-money paid-up equity share capital for Rs. 160 Crore, meaning the completed stake is below the originally announced 50% level for the same consideration range.

• · The completed stake (33.33%) is below the 50% stake announced in the earlier intimations dated 29 June 2026 and 31 August 2026, while the consideration reported is Rs. 80 Crore versus the Rs. 160 Crore originally cited.
• · The filing is made under Regulation 30 of the SEBI Listing Regulations and states that the update is also available on the company website.

09-10-2026

Saksoft Limited disclosed receipt of a rectified order from the Hon'ble NCLT, Chennai Bench (order dated October 1, 2026) correcting typographical and factual errors in the September 16, 2026 order sanctioning the Scheme of Amalgamation of its wholly owned subsidiary Augmento Labs Private Limited into Saksoft Limited. The rectifications cover party designations, scheme annexure references, filing dates, and the appointed date (corrected from 01.04.2025 to 01.04.2026). Certain requested rectifications, including adding a paragraph on the Regional Director's report and a notice-service detail, were rejected by the Tribunal as beyond the scope of Rule 154.

• · Appointed date of the amalgamation rectified from 01.04.2025 to 01.04.2026 (Clause 1.1.3 of the Scheme)
• · Second motion petition filing date corrected to 16.12.2025 from 26.12.2025
• · Regional Director's report dated 05.06.2026 raised observations on the Scheme, including on the appointed date and employee transfer terms
• · Petitioners' reply to the Regional Director's observations corrected to 09.06.2026 from 02.07.2026
• · Notices were served on the Regional Director, ROC Chennai, Income Tax Department and Official Liquidator on 04.02.2026

09-10-2026

Hubtown Limited, through its wholly owned real estate subsidiary arrangement, subscribed to 1,22,60,843 Class A equity shares of Rare Townships Private Limited (RTPL) at an issue price of ₹30 per share (₹10 face value plus ₹20 premium) for a total consideration of ₹36,78,25,290 in cash, raising its stake in RTPL from 72.91% to 74.65%. The transaction was a rights-basis subscription with RTPL's turnover reported at ₹9802.79 Lakh for FY2025-26, a sharp increase from ₹40.45 Lakh in FY2024-25 and ₹63.27 Lakh in FY2023-24.

• · Allotment date is October 08, 2026, while the filing is dated October 09, 2026
• · The transaction is classified as a related party transaction because RTPL is a subsidiary, and the company states it was done at arm's length
• · Promoters and the promoter group are interested to the extent of their shareholding in RTPL
• · No governmental or regulatory approvals were required for the transaction
• · RTPL's turnover fell 36.1% from FY2023-24 to FY2024-25 before rising sharply in FY2025-26
• · Hubtown and RTPL operate in the same line of business, real estate

09-10-2026

NBCC (India) Limited disclosed that the Ministry of Corporate Affairs issued its order on the First Motion application for the Scheme of Amalgamation of its wholly owned subsidiary HSCC (India) Limited (Transferor) into NBCC (India) Limited (Transferee), dated October 9, 2026. The order dispenses with equity and unsecured creditor meetings in the Transferor and equity shareholder meeting in the Transferee, and directs notices to unsecured creditors above Rs 1,00,00,000 and to specified regulators and authorities, with a 30-day objection window. Completion is still subject to a Confirmation Petition after compliance with the directions.

• · HSCC (India) Limited is a wholly owned subsidiary of NBCC, so no new shares are to be issued as consideration and the scheme does not reorganise NBCC's share capital
• · Joint petition was filed with MCA on July 20, 2026 under Sections 230-232 of the Companies Act, 2013
• · Board approvals: HSCC on July 14, 2026; NBCC on April 10, 2026
• · Order is expressly a special case and not a precedent for other filings
• · Regulators to receive notices for reports under Section 230(5) include SEBI, NSE, BSE, Regional Director, ROC Delhi, Official Liquidator, Income Tax authorities, MoHUA and state RERAs (UP, Bihar, West Bengal, Rajasthan, Kerala)

09-10-2026

Prodocs Solutions Limited's Board approved three material related party transactions on 9 October 2026, subject to shareholder approval via postal ballot: (1) acquisition of a 40% equity stake in eData Solutions Inc., USA, for up to USD 1.5 million (approx. ₹15 Crore), purchased from promoter Mr. Manan Hiren Kothari; (2) a loan or financial assistance of up to USD 1.5 million (approx. ₹15 Crore) from Prodocs Solutions Inc., USA to eData Solutions Inc.; and (3) a corporate guarantee, loan and office leasing arrangement with Gemini Innovations Private Limited, in which promoter Ms. Forum Kapashi is interested, with a guarantee of up to ₹32 Crore. The acquisition would take eData's holding to 100% under Prodocs Solutions Inc. (currently 60%), with completion targeted by March 31, 2027.

• · All three related party transactions are subject to shareholder approval through postal ballot with e-voting only
• · Loan agreement with eData Solutions Inc. will only be executed after shareholder approval; no loan has been given or taken to date
• · Corporate guarantee is a contingent obligation; if the borrower defaults and collateral (building valued ~₹60 Crore) is insufficient, Prodocs must cover the shortfall from internal accruals
• · eData Solutions Inc. turnover declined from ~₹5.23 Crore (Dec 2023) to ~₹5.00 Crore (Dec 2024) and ~₹4.41 Crore (Mar 2026), while eData became a subsidiary only from 30 April 2025
• · Acquisition is cash-consideration based with completion targeted by March 31, 2027
• · Board meeting held from 4 PM to 5 PM on 9 October 2026

09-10-2026

Persistent Systems Limited disclosed that during the additional acceptance period of its Voluntary Public Takeover Offer for Nagarro SE (September 23 to October 6, 2026), it secured 1,335,114 shares, about 10.79% of Nagarro's outstanding share capital (excluding treasury shares). Including the approximately 61.15% tendered during the main acceptance period and approximately 22.10% acquired under a share purchase agreement with Lantano Beteiligungen GmbH, the company holds an aggregate of approximately 94.04% as of October 6, 2026. Settlement of tendered shares remains pending the fulfilment of outstanding offer conditions.

• · Settlement of Offer shares tendered during the acceptance and additional acceptance periods is deferred until outstanding offer conditions are fulfilled
• · Filing references prior intimations dated August 6, 2026, September 18, 2026, and September 22, 2026

09-10-2026

Bhagyanagar India Limited announced that Tieramet Limited, the resulting company under the NCLT-approved composite scheme of arrangement (which includes demerger of the Copper Business), has approved allotment of 3,34,96,434 fully paid equity shares of face value ₹2 each to BIL shareholders on the record date October 08, 2026, in a 1:1 ratio. The Resulting Company will apply for listing on BSE and NSE in due course, with shares ranking pari passu.

• · NCLT Hyderabad Bench approved the scheme via order dated September 07, 2026, under Sections 230 to 232 of the Companies Act, 2013
• · Allotment ratio is 1:1, one Tieramet Limited share for every one BIL share held on the record date
• · Share allotment was approved by the Executive Committee of Tieramet's Board on October 09, 2026

09-10-2026

Clean Max Enviro Energy Solutions Ltd disclosed that two wholly owned indirect subsidiaries (Cleanmax Energy (Thailand) Company Limited and Cleanmax IHQ (Thailand) Company Limited) signed a Share Purchase Agreement on 9 October 2026 to acquire 100% of Massmunch Company Limited, a Thailand-incorporated renewable energy generation company, for an enterprise value of Thai Baht 1,250,000. Upon completion, targeted by 31 October 2026, Massmunch becomes a step-down wholly owned subsidiary to expand the company's solar capacity in Thailand. The target has nil turnover and a net worth of Thai Baht 1,213,300 as of 31 December 2025, so the deal is very small in scale.

• · Massmunch Company Limited was incorporated in Thailand on 27 March 2025 and has no reported turnover for 2023-2025.
• · Completion is indicatively expected by 31 October 2026.
• · No governmental or regulatory approvals are stated as required for the acquisition.
• · The deal is not a related party transaction and no promoter or group company interest is disclosed.

09-10-2026

Mitshi India Limited has submitted to BSE the Post Offer Advertisement dated October 8, 2026 (published October 9, 2026 in Financial Express, Jansatta and Pratahkal) under Regulation 18(12) of the SEBI Takeover Regulations for the open offer by Mr. Karronn Naresh Bajaj. The offer seeks to acquire up to 2,288,000 fully paid-up equity shares of ₹10 each, representing 26% of the total voting share capital, at ₹15 per share. The filing is administrative in nature and contains no financial results or performance metrics.

• · Open offer price of ₹15 per share is set against a stated face value of ₹10 per share, per the filing text
• · The Post Offer Advertisement was published in English, Hindi and Marathi dailies on October 9, 2026
• · Merchant banker Srujan Alpha Capital Advisors LLP forwarded the advertisement to the Target Company

09-10-2026

The National Company Law Tribunal (New Delhi Bench) issued an order on 01.10.2026 in CP CA CAA-63/ND/2026 under Sections 230-232 and 236 of the Companies Act, 2013, for a scheme of arrangement between Arugn Technologies Pvt. Ltd. (Transferor/Petitioner) and Planetcast Media Services Private Limited. The Tribunal directed notice to statutory and sectoral authorities (MCA, Regional Directors, RoCs, Official Liquidators, Income Tax authorities, RBI, SEBI, BSE, and others) for representations within 30 days, and listed the matter for hearing on 08.12.2026. The filing is procedural and does not disclose financial terms, deal value, or the scheme's economic effects.

• · Chairman's report dated 22.09.2026 confirmed approval of the scheme at the shareholder/creditor meetings, which were dispensed with under the first motion order dated 28.07.2026 in CA (CAA)-43/ND/2026
• · Petitioner must publish the scheme documents and notice in Business Standard (English, Delhi Edition) and its Hindi translation, and on the company website if any
• · Matter listed for next hearing on 08.12.2026

09-10-2026

Mirza International Limited has incorporated a new 100% wholly owned subsidiary, Mirza Global Limited, on October 8, 2026, to carry on the manufacturing, retail, wholesale marketing and e-commerce business of footwear. The parent is making a 100% initial cash subscription to the subsidiary's share capital, which has an authorised share capital of Rs. 15,00,000 (Rs. 15 Lakh), and the entity has not yet commenced business, so no turnover is reported.

• · Mirza Global Limited CIN: U47710UW2026PLC259729, incorporated in India
• · Disclosure made under Regulation 30 of SEBI LODR Regulations, 2015, with reference to SEBI Master Circular dated 11 July 2023 (updated 30 January 2026)
• · No governmental or regulatory approvals required and no indicative completion timeline applicable, as the transaction is an internal incorporation

09-10-2026

Triveni Engineering & Industries Ltd. (TEIL) disclosed, under the Composite Scheme of Arrangement with Sir Shadi Lal Enterprises Limited (SSEL) and Triveni Power Transmission Ltd (TPTL), that BSE and NSE approved listing and trading of TPTL's equity shares effective October 12, 2026. TPTL will list 10,47,54,338 fully paid-up equity shares of Re. 2/- each under scrip code 544824 (BSE) and symbol TRIVENIPT (NSE), ISIN INE2WKE01011. The approval marks a procedural milestone in the demerger-style scheme rather than a new deal.

• · Approval letters from BSE and NSE are dated October 8, 2026; TPTL letter to TEIL dated October 9, 2026
• · Observation letters governing the disclosure obligation: NSE No. NSE/LIST/46129 dated August 11, 2025 and BSE No. DCS/AMAL/NB/R37/3734/2025-26 dated August 07, 2025
• · TPTL is a newly listed entity and must now comply with listed-entity obligations, including filing financials for the latest quarter
• · Disclosure made under Regulation 30 and Part A of Schedule III of SEBI LODR, and SEBI Master Circular dated January 30, 2026

09-10-2026

XtraNet Technologies Limited's Board approved on October 09, 2026 the incorporation of a wholly owned subsidiary, XtraNet Data Centre Private Limited, to establish, develop, own, operate and commercialize data centers and related digital infrastructure in India and abroad. The initial paid-up capital is Rs.5,00,000 (50,000 equity shares of Re 10 each at par), subscribed 100% in cash, and incorporation is pending with the Registrar of Companies (MCA). This is a new-business-line expansion with no disclosed financial impact on current results.

• · Proposed subsidiary's registered office will be in Bhopal, Madhya Pradesh, India
• · Incorporation is subject to approval/registration by the Registrar of Companies (MCA) and is still under process
• · The filing is a Regulation 30 disclosure under SEBI Listing Regulations; it is not an acquisition of an existing business
• · The filing does not disclose capex plans, funding requirements beyond the initial capital, or expected revenue/timeline for the data centre business

09-10-2026

Expleo Solutions Limited disclosed under Regulation 30 that its wholly owned subsidiary, Expleo Solutions GIFT IFSC Limited (Gujarat, India), received a Certificate of Registration from the International Financial Services Centres Authority (IFSCA) on October 09, 2026. The parent also made an equity investment of INR 2,10,00,000 (Rupees Two Crores Ten Lakhs) for 21,00,000 equity shares of INR 10 each, with share allotment to follow. This is an internal capital infusion into a subsidiary set up to provide financial services from GIFT City, not a third-party acquisition.

• · Subsidiary incorporated in GIFT City, Gujarat, a government-developed global financial services hub
• · Share allotment to the parent is pending and will follow the paid-up share capital infusion
• · Investment is a related party transaction with the WOS, to be conducted on an arm's length basis; common directorship is the disclosed interest
• · Regulatory approval required was IFSCA registration, now received; no indicative completion timeline applies
• · Filing references earlier intimation SEC/SE/007/26-27 dated May 13, 2026

09-10-2026

Maithan Alloys Limited disclosed the acquisition of 1,25,000 equity shares (0.07% stake) of HFCL Limited through the stock exchange on October 8, 2026, at a total cost of Rs. 29.72 Crore, triggered by a threshold-limit disclosure under Regulation 30 of SEBI (LODR), 2015. The company states the investment is for long-term/short-term investment benefits and that it does not intend to acquire control of HFCL's management. The disclosure contains no mention of any adverse or declining performance metrics for either entity; HFCL's turnover moved from Rs. 3795 Crore in FY 2024-25 to Rs. 4528 Crore in FY 2025-26, while the Rs. 4075 Crore figure refers to FY 2023-24.

• · Acquisition was not a Related Party Transaction and no promoter/group interest exists in HFCL Limited
• · No governmental or regulatory approvals were required for the acquisition
• · Transaction was conducted at arm's length and settled in cash
• · HFCL Limited was incorporated on May 11, 1987 and operates in India
• · Maithan Alloys Limited does not intend to acquire control, directly or indirectly, of HFCL's management
• · Disclosure was made consequent upon crossing a Regulation 30 threshold; the company became aware of the transaction on October 9, 2026 at 10:12 AM

09-10-2026

ASI Industries Limited acquired 5,00,000 equity shares (0.034% shareholding) of Lloyds Engineering Works Ltd through the stock exchange on 08 October 2026 for a total cash consideration of Rs.4.81 Crore, stated to be for investment purposes with no intention to acquire control of the target's management. The target reported standalone FY2025-26 turnover of Rs.1052.22 Crore, PAT of Rs.118.27 Crore, and net worth of Rs.1595.31 Crore, while the transaction itself is a very small stake relative to the investor's own scale.

• · Target turnover grew about 39% in FY2025-26 and about 21% in FY2024-25, both with increasing growth momentum
• · Transaction was executed at arm's length, with no promoter or promoter group interest in the target and no related party transaction
• · No governmental or regulatory approvals were required for the acquisition
• · Disclosure was delayed to the next working day because the company learned of the details of the trade after 3:30 PM outside working hours