India Sector Consolidation Regulatory Filings — October 12, 2026

12-10-2026

Ceigall India Limited has entered into a Share Purchase Agreement with REC Power Development and Consultancy Limited to acquire 100% of the equity shares of Jam Khambhaliya Jamnagar Power Transmission Limited (JKJTL) for an aggregate consideration of Rs. 18,39,86,174 (approximately Rs. 18.4 Crore, inclusive of Rs. 5,00,000 subscription cost), paid in cash. JKJTL becomes a wholly owned subsidiary and the acquisition is a condition of the RFP for a Tariff Based Competitive Bidding transmission project awarded under a Letter of Intent dated 02 September 2026. The company was only incorporated on 09 May 2026, so no historical turnover is available.

• · Acquisition is a condition of the RFP; the company must purchase JKJTL shares from REC Power Development and Consultancy Limited (Bid Process Co-Ordinator) to undertake the project
• · Letter of Intent dated 02 September 2026 (Ref. RECPDCL/TBCB/Jam Khambhaliya/2026-27/2648) issued to Ceigall India Limited
• · The transaction is not a related party transaction; promoter and group companies have no interest in JKJTL
• · JKJTL's authorized and paid-up share capital is ₹5,00,000 divided into 50,000 equity shares of ₹10 each; reported size/turnover is NIL
• · No governmental or regulatory approvals are stated as required, and no indicative completion timeline is disclosed (both marked Not Applicable)
• · Filing is a continuation of an earlier letter dated 11 September 2026

12-10-2026

SKM Egg Products Export (India) Limited has intimated a Board Meeting on Friday, 23 October 2026 to consider the unaudited financial results for the quarter and half year ended 30 September 2026, and to approve a scheme of amalgamation of its wholly-owned subsidiary, SKM Universal Marketing Company (India) Private Limited (Transferor Company), into the parent company (Transferee Company). The filing contains no financial figures, so no performance metrics can be assessed from this document.

• · Board meeting scheduled for Friday, 23 October 2026, held under Regulation 29 of SEBI (LODR) Regulations, 2015
• · Quarter and half year ended 30 September 2026 unaudited results to be considered at the meeting
• · Amalgamation is structured as a merger of a wholly-owned subsidiary into its holding company, under the Companies Act, 2013 and SEBI Regulations
• · Filing is an intimation only; the scheme itself has not yet been approved and no terms, valuation, or share-swap ratio are disclosed

12-10-2026

Globus Power Generation Limited's Board approved investing up to Rs. 65,00,000 (Rs. 65 Lakh) to acquire a 51% partnership stake in Transtech Punjab CBG LLP from Mr. Amitabh Tandon, a partner in the LLP who is also a Non-Executive Director of the Company. The transaction is classified as a related party transaction, which the company states is at arm's length, and is subject to shareholder approval, with completion indicated post that approval. The target is a small, recently incorporated compressed bio-gas (CBG) and organic manure business with turnover rising from Rs. 1,78,136 in FY 2024-25 to Rs. 5,32,35,196 in FY 2025-26.

• · Transaction is a related party transaction because promoter group interest exists and Mr. Amitabh Tandon is a Director of the Company and partner in the LLP
• · Company states the transaction is at arm's length
• · No governmental or regulatory approvals are required, per the annexure
• · Completion is indicated to be after approval of the Company's shareholders
• · Consideration is entirely cash
• · LLP was incorporated 15 April 2024 at Hanspur, Fatehabad, Haryana, with capital raised from Rs. 10 Lakh to Rs. 1 Crore on 1 October 2025
• · Filing discloses the Company's entity name as Globus Power Generation Limited; the preliminary entity name Globus Constructors & Developers Limited does not match the filing letterhead

12-10-2026

Master Trust Limited has intimated the exchanges that its Board of Directors (on 12 October 2026) approved the allotment to the Company of 5,00,000 equity shares of Rs. 10.00 each in Future Colonizers & Construction Limited, pursuant to an NCLT-approved Resolution Plan dated 13 August 2026. Upon allotment, Future Colonizers & Construction Limited becomes a wholly owned subsidiary of Master Trust Limited, with an upfront cash consideration of Rs. 50,00,000 (Rs. 50 lakh). The acquisition is a Corporate Insolvency Resolution Process (CIRP) transaction in the construction and real estate sector, and the filing does not disclose the target's size, turnover, or financial condition.

• · The NCLT Chandigarh Bench order approving the Resolution Plan is dated August 13, 2026; the share allotment was approved by the target's Board on October 12, 2026.
• · The filing is made under Regulation 30(6) read with Para A(1) of Part A of Schedule III of the SEBI Listing Regulations, referencing SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (amended January 30, 2026).
• · The filing states no related party or promoter interest in the target and no governmental or regulatory approvals beyond the NCLT order.
• · Figures for the target's size, turnover, and net worth are not disclosed in the filing despite the cross-reference to Sr. No. (10).

12-10-2026

Power Grid Corporation of India Limited acquired 100% of Lakadia II Power Transmission Limited on 12.10.2026 as the successful bidder under Tariff Based Competitive Bidding for the Lakadia REZ Phase II (7500MW) transmission project in Gujarat, on a BOOT basis. The aggregate acquisition value is about Rs. 18.43 Crore, subject to adjustment against audited accounts as on the acquisition date. The target has not yet started commercial operations and has recorded no turnover.

• · Target SPV was incorporated on 09.05.2026 by the Bid Process Coordinator under the Guidelines Encouraging Competition in Development of Transmission Projects
• · Transmission licence grant and adoption of transmission charges still require approval from CERC, to be obtained by Lakadia II after acquisition
• · The acquisition is not a related party transaction; POWERGRID had no prior interest in the target
• · Project scope includes construction of 765kV lines through Gujarat and installation/commissioning of a synchronous condenser

12-10-2026

Lord's Mark Industries Limited has completed the 100% acquisition of Radio Electric Private Limited, maker of the 'Radiotone' brand, for ₹4.50 Cr in cash, as part of its expansion into specialised electrical manufacturing under its Lighting & Energy Division. The target is a debt-free, profitable operating business founded in 1939 with 40-50 blue-chip domestic accounts and repeat exports to seven international markets, currently running at about 50% single-shift capacity.

• · Transaction is not a related party transaction and no promoter or promoter group interest is involved.
• · Target pioneered double-layer Variacs in 1979-80.
• · Target's export markets include Europe, the USA, Canada, South Africa, Dubai, and the Philippines.
• · Acquisition intended to enable in-house component manufacturing to improve medical device profitability.
• · Target currently operates at about 50% single-shift capacity, providing headroom to scale without heavy upfront capex.

12-10-2026

Minda Corporation Limited has executed a Share Subscription Agreement with Sunsure Energy Private Limited and Sunsure Solarpark Sixteen Private Limited to acquire a 26% equity stake in Sunsure Solarpark Sixteen Private Limited, a renewable energy company engaged in setting up ground-mounted, grid-connected solar power facilities. The cash consideration is up to Rs. 57.75 lacs, with completion expected in approximately 6 months. The target reported turnover of Rs. 963.75 lacs for FY2025-26 (up from Rs. 716.20 lacs in FY2024-25), but posted a loss after tax of Rs. (8.88) lacs in FY2025-26.

• · Transaction is not a related party transaction and no promoter or promoter group interest exists in the target
• · No governmental or regulatory approvals are required for the acquisition
• · Target incorporated in 2026 and has presence only in India
• · Target has no reported turnover for FY2023-24 (not applicable)
• · Disclosure made under Regulation 30 read with Para B of Part A of Schedule III of SEBI Listing Regulations

12-10-2026

Ventive Hospitality Limited has approved filing an appeal against Point No. 22 of the September 23, 2026 order of the National Company Law Tribunal (NCLT), Mumbai Bench, in connection with the proposed Scheme of Amalgamation involving Eon Hinjewadi Infrastructure Private Limited, Restocraft Hospitality Private Limited, Wellcraft Infraprojects Private Limited and Ventive Hospitality Limited (CA (CAA) No. 253/MB/2025). The company will keep exchanges informed of material developments.

• · Filing is made under Regulation 30 of SEBI (LODR) Regulations, 2015, continuing earlier intimations dated May 12, 2025, June 17, 2025 and September 24, 2026
• · The appeal challenges Point No. 22 of the NCLT Mumbai Bench order dated September 23, 2026
• · Ventive Hospitality is the Transferee Company; three entities are Transferor Companies in the amalgamation
• · No appeal filing date or quantified financial impact was disclosed in the filing

12-10-2026

Aeroflex Neu Limited has intimated that its Board of Directors will meet on Thursday, October 15, 2026, at 3:30 p.m. to consider and approve the acquisition of equity shares of Stilonn Valves and Controls Private Limited. The company has also noted that its trading window for insider dealing is already closed, as communicated on September 28, 2026. The filing itself discloses no transaction value, stake size, or financial terms; these are expected only after the Board decision.

• · Board meeting scheduled for Thursday, October 15, 2026, at 3:30 p.m.
• · Trading window for insider dealing already closed per intimation dated September 28, 2026
• · Company Code No.: 543743; Trading Symbol: AERONEU

12-10-2026

K M Sugar Mills Limited disclosed that the scheme of arrangement demerging its Distillery Division into K M Spirits and Allied Industries Limited has taken effect. The Resulting Company's board approved the allotment of 1,84,00,034 fully paid-up equity shares of INR 10 each to eligible shareholders as of the October 02, 2026 record date, and the Resulting Company ceased to be a subsidiary of K M Sugar Mills upon cancellation of its shares held by the Demerged Company.

• · Scheme effectiveness was disclosed on October 01, 2026, with the allotment approved on October 12, 2026 based on the October 02, 2026 record date
• · Shares rank pari passu with existing equity shares of the Resulting Company
• · Allotment is subject to listing and trading approvals from NSE and BSE, which the Resulting Company is currently seeking
• · Scheme approval follows Observation Letters from NSE and BSE dated January 12 and January 13, 2026, under Sections 230 to 232 of the Companies Act, 2013

12-10-2026

Emcure Pharmaceuticals' Board approved a draft Composite Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013, merging two wholly owned subsidiaries, Zuventus Healthcare Limited and Emcutix Biopharmaceuticals Limited, into the listed parent. The scheme is subject to NCLT Mumbai Bench approval and other statutory approvals, and is an intra-group restructuring aimed at entity rationalization and operational efficiency, with no share issuance or cash consideration. Financially, Emcutix is loss-making on a networth basis (INR (13.07) Cr at March 31, 2026) while Zuventus reported networth of INR 871.46 Cr and FY2025-26 turnover of INR 1,040.58 Cr, versus Emcure's networth of INR 3,710.60 Cr and turnover of INR 5,243.19 Cr.

• · Emcutix Biopharmaceuticals Limited has negative networth of INR (13.07) Cr while generating INR 29.37 Cr turnover, indicating a loss-making subsidiary being absorbed
• · No cash consideration is payable and no new shares will be issued, so there is no change in the listed entity's shareholding pattern
• · The transaction is exempt from related party transaction requirements under Regulation 23(5)(b) of SEBI Listing Regulations and General Circular 30/2014 of MCA
• · Board meeting ran from 09:45 a.m. to 10:10 a.m. IST on October 12, 2026

12-10-2026

Taneja Aerospace & Aviation Ltd. board approved an investment of ₹1,000 (100 equity shares of ₹10 each, issued at par) to acquire 100% of TAAL Precision Products Pvt. Ltd. (TPPPL), a recently incorporated (August 1, 2026) precision products manufacturer that will become a wholly owned subsidiary. The deal is cash-consideration, classified as a related party transaction on arm's length basis with completion expected within 2 months, and is aimed at enhancing aerospace manufacturing capabilities. TPPPL has no operating turnover history.

• · Transaction is a related party transaction; Chief Financial Officer and Chief Operating Officer are the related parties, and no promoter/promoter group interest exists in TPPPL
• · No governmental or regulatory approvals are required for the acquisition
• · TPPPL was incorporated on August 1, 2026 and has no turnover history for the last 3 years
• · Board meeting held October 12, 2026, commencing 11:15 AM and concluding 11:30 AM
• · Target entity operates in India only; no governmental approvals required

12-10-2026

Veranda Learning Solutions Limited has issued a general guidance communication on the apportionment of cost of acquisition of its equity shares and those of J.K.Shah Commerce Education Limited (JSCEL) following the NCLT-sanctioned composite scheme of arrangement, under which the Commerce Business was demerged from VLS to JSCEL. JSCEL allotted 9,65,06,610 equity shares of Rs.10 each to VLS shareholders on a 1:1 share entitlement ratio, with the record date as October 06, 2026. For tax cost-base purposes, 64.50% of the original cost of acquisition remains with VLS shares and 35.50% is attributed to JSCEL shares; the communication is for general guidance only and shareholders are advised to consult their own tax advisors.

• · NCLT Chennai Bench sanctioned the scheme by order dated August 20, 2026; the Scheme became effective August 31, 2026 (First Appointed Date), with September 1, 2026 as the Second Appointed Date
• · Apportionment ratios are based on net book value of transferred assets and VLS net worth as at August 31, 2026, per Section 73 of the IT Act, 2025
• · Allotment of JSCEL shares is not regarded as a capital gains transfer to the extent covered by the IT Act, and the VLS holding period carries over to the JSCEL shares

12-10-2026

GEM Enviro Management Limited has entered into a revised Share Subscription Agreement dated October 12, 2026 with Solluz Energy Private Limited to acquire 21,10,680 equity shares, representing 26% of Solluz's share capital, for Rs. 5,27,67,000 (Rs. 5.28 Cr). The issue price was revised upward from Rs. 24 to Rs. 25 per share, increasing the total investment from Rs. 5,06,56,320 (approx. Rs. 5.07 Cr); the company will receive a board nomination right and reserved-matter consent rights, and Solluz will become an associate of the company.

• · Transaction is not a related party transaction; Solluz has no promoter/promoter group relationship with GEM Enviro, and the company held no prior shareholding in Solluz
• · Upon completion, Solluz becomes an associate of GEM Enviro
• · GEM Enviro gains right to nominate one director to Solluz's board, pre-emptive rights, first right on further equity issues, right of first offer on promoter share transfers, tag-along rights, and consent rights over reserved matters including capital structure changes
• · Revision is referenced to an earlier corporate announcement dated August 11, 2026

12-10-2026

Dr. Lal PathLabs Limited has subscribed to additional equity shares of its wholly owned subsidiary PathLabs Unifiers Private Limited (PUPL) on October 12, 2026, with the proceeds, not exceeding INR 30.3 Crore, used by PUPL to acquire the remaining 30% equity stake in CentraPath Labs Private Limited (CPL), making CPL a wholly owned subsidiary of PUPL. The transaction is classified as a related party transaction on an arm's length basis and has been completed. PUPL's turnover was 7.23 Crore in FY 2026, up slightly from 7.10 Crore in FY 2025, while still below 7.28 Crore in FY 2024, indicating a mixed trend over the period.

• · Transaction is a related party transaction conducted on an arm's length basis
• · No governmental or regulatory approvals required
• · Consideration is entirely cash
• · PUPL remains a wholly owned subsidiary of the Company post-transaction
• · PUPL was incorporated on December 12, 2018 in National Capital Territory Delhi
• · Transaction status is reported as completed

12-10-2026

Shakti Pumps (India) Limited invested Rs. 5.00 Crore in its wholly owned subsidiary Shakti EV Mobility Private Limited by subscribing to 50,00,000 equity shares of Rs. 10 face value, taking the consolidated investment in the subsidiary to Rs. 80.00 Crore. The subsidiary, engaged in manufacturing electric vehicle motors and controllers and chargers, reported FY 2026 turnover of Rs. 2,425.41 Lacs, up from Rs. 372.73 Lacs in FY 2025, though FY 2026 turnover was also above FY 2024's Rs. 430.09 Lacs, which itself was higher than FY 2025, indicating volatile revenue performance across the three years.

• · Investment is made entirely in cash, by subscription to equity shares of the subsidiary, with no government or regulatory approvals required and completion on the same day
• · The transaction is not a related party transaction and is at arm's length, as the subsidiary is wholly owned
• · The subsidiary was incorporated on 16 December 2021 and operates in India
• · FY 2025 turnover declined about 13.4% from FY 2024, before rebounding sharply in FY 2026