Zydus Lifesciences Limited, through its subsidiary Amplitude SAS, acquired 100% of French medical equipment distributor Aptitude Orthopedie for approximately ₹3.99 Crore. The acquisition aims to internalize commercial capabilities and reduce long-term distribution costs.
IIFL Finance subsidiary IIFL Fintech is acquiring a stake in Xtracap Fintech India Private Limited for ₹37.7 Crore. The acquisition enables IIFL to expand into the underserved supply chain financing market. The transaction, expected to close within 45 days, will strengthen IIFL's MSME lending capabilities and portfolio diversification.
IIFL Finance's subsidiary, IIFL Fintech, is acquiring an 87.8% stake in Xtracap Fintech India Private Limited for ₹37.7 Crore. This acquisition strengthens IIFL's presence in the supply chain financing and MSME lending segments. The transaction is expected to complete within 45 days.
Cigniti Technologies Limited received a final order from the Hon’ble NCLT sanctioning its Scheme of Amalgamation with Coforge Limited. The merger, effective from the appointed date of April 1, 2025, follows the successful approval by shareholders and creditors with over 99.9% support.
Coforge Ltd successfully closed the acquisition of Cigniti Technologies Limited following NCLT approval. The transaction involved acquiring a 54% stake for approximately ₹1023.90 Crore. This strategic merger establishes Coforge as a scaled AI-led engineering services leader with an enterprise core of $2 billion.
Hubtown Limited has convened an NCLT-directed shareholders' meeting on June 5, 2026, to consider a Scheme of Arrangement. The proposal involves the merger of Saicharan Consultancy Private Limited into Hubtown Limited. This amalgamation aims to restructure and consolidate the entities' operations and assets under the transferee company.
Rubicon Research Limited completed the acquisition of an 85% stake in Arinna Lifesciences Limited on April 30, 2026. Following this transaction, Arinna Lifesciences has become a subsidiary of the company. This move follows the terms of a previously signed Share Purchase Agreement.
Anant Raj Limited has completed the acquisition of a 25% stake in Romano Projects Private Limited for ₹3.58 Crore. The transaction involved acquiring 12,500 fully paid-up equity shares and was finalized on April 30, 2026, following recent board approval.
Ethos Limited acquired 1,89,480 equity shares of its subsidiary, Ethos Lifestyle Private Limited, for approximately ₹20.26 Crore from Mr. Pranav Shankar Saboo. This transaction increases Ethos Limited's stake from 75.05% to 77.42%. The acquisition aims to consolidate shareholding and strengthen strategic alignment within the group's luxury lifestyle vertical.
Wheels India Limited is acquiring a 0.3265% stake in Emerge Solar One Private Limited for ₹3.43 Crore. The strategic investment aims to procure renewable solar energy under a captive generation scheme in Tamil Nadu. The transaction is expected to be completed by May 15, 2026.
Wheels India Limited has invested ₹3.43 Crore to acquire 3,43,245 equity shares (32.65% stake) in Emerge Solar One Private Limited. This strategic investment is intended for captive solar power procurement in Tamil Nadu, aligning with the company's renewable energy objectives.
Tech Mahindra's subsidiary is acquiring an 85% stake in Alluri Technologies Inc. ('Avant') for ₹194.32 Crore. Avant specializes in payments modernization and BFSI services across North America. The acquisition, expected to conclude by July 2026, will significantly enhance Tech Mahindra's service capabilities and industry expertise within the BFSI vertical.
Tech Mahindra is acquiring 100% of Canada-based Alluri Technologies Inc. ('Avant') in tranches. The initial 85% stake is being acquired for CAD 28 million (₹193.2 Crore) to strengthen its BFSI vertical capabilities. Avant specializes in payments modernization and wealth platforms, reporting a turnover of ₹406.96 Crore in CY25.
Value
₹193.2 Cr
Execution
First closing (85%) by 31st July 2026; balance 15% by 30th June 2029
Poly Medicure Limited's Brazilian subsidiary has acquired 100% equity in MEDYNEO COMERCIO DE PRODUTOS PARA SAUDE LTDA. The acquisition provides essential operating licenses for the commercialization, importation, and distribution of medical devices in Brazil, strengthening the company's South American market presence.
Bharat Forge Limited has agreed to acquire a controlling stake in Fortuna Engineering Private Limited for ₹129.60 Crore in the first tranche. The acquisition aims to enhance machining capabilities and support growth in automotive and off-road markets.
Bharat Forge Limited has agreed to acquire Fortuna Engineering Private Limited (FEPL) for ₹129.60 Crore in its first tranche. FEPL specializes in machining connecting rods and camshafts for automotive applications. The acquisition aligns with Bharat Forge's strategy to strengthen machining capabilities and forward integration in domestic and export markets.
Samvardhana Motherson International Limited has completed the acquisition of a 51% equity stake in Nissin Advanced Coating Indo Co. Private Limited from Nissin Electric Co. Ltd, Japan. Following the transaction, Nissin India has become an indirect wholly-owned subsidiary of the company, strengthening its manufacturing footprint.
Kajaria Ceramics Limited will acquire 44,11,764 Compulsorily Convertible Preference Shares of its subsidiary, Kajaria Bathware Private Limited, for ₹50 Crore. The transaction provides an exit to WestBridge Crossover Fund's subsidiary, Aravali Investment Holdings. Post-acquisition, Kajaria Bathware will remain a wholly-owned subsidiary of the company.
Poly Medicure Limited, through its subsidiary Polymed Brazil LTDA, acquired 100% equity in Brazil-based MEDYNEO for R$180,000 (approx. ₹0.34 Crore). The acquisition provides necessary licenses for medical device importation and commercialization in Brazil.
BLS E-Services Limited provided an update on its 100% acquisition of Atyati Technologies Private Limited. The completion timeline has been extended to July 31, 2026, pending final regulatory and lender approvals. This strategic move aims to fully integrate the target company into the group's operations.
Polyplex Corporation Limited completed the acquisition of a 51% stake in TechNova Printrite Products Private Limited for ₹62.10 Crore. TPPPL has now become a subsidiary of Polyplex, marking a significant step in the company's inorganic growth strategy.
360 ONE WAM LIMITED's subsidiary has completed the acquisition of Quark Solar for ₹9.38 Crore. Following the transaction, Quark Solar has become a step-down wholly owned subsidiary of the company effective April 30, 2026.
Samvardhana Motherson International Limited has completed the acquisition of a 51% stake in Nissin Advanced Coating Indo Co. Private Limited from Nissin Electric Co. Ltd, Japan. Following the transaction, Nissin India has become an indirect wholly-owned subsidiary of the company.
Dr. Lal Path Labs Ltd. will acquire a 100% stake in Mumbai-based Shahbazkers Diagnostic Centre Private Limited for ₹20 Crore. The cash transaction is expected to conclude by May 31, 2026. This acquisition aims to strengthen the company’s diagnostic service presence in Mumbai, Maharashtra.
Modern Threads (India) Limited signed a 25-year Power Purchase Agreement (PPA) with KGK Greens Private Limited. The agreement involves procuring 5 MW (DC) capacity from the Palli site in Phalodi, Rajasthan, to support its operational power requirements.
Empower India Limited signed a term sheet to acquire a majority stake in UAE-based MABIL through an all-equity share swap. This strategic acquisition aims to establish a Middle Eastern presence and leverage the UAE's commercial hub status. The transaction remains subject to due diligence, definitive agreements, and regulatory approvals.
360 ONE WAM's subsidiary, 360 ONE Alternates Asset Management Limited, has completed the acquisition of Quark Solar Private Limited. Quark Solar has consequently become a wholly owned step-down subsidiary of the company effective April 30, 2026.
Bharat Forge Limited (BFL) announced the acquisition of a 30% stake in Fortuna Engineering Private Limited for ₹129.60 Crore. Fortuna is a Nashik-based precision-machined engine component manufacturer. This strategic partnership aims to scale the business and build on growth opportunities in the automotive and industrial sectors under the 'Make in India' vision.
Bharat Forge Limited entered into agreements to acquire an initial 30% stake in Fortuna Engineering Private Limited for ₹129.60 Crore. The deal includes an option to acquire a majority 50% + 1 stake. This strategic acquisition strengthens Bharat Forge's machining capabilities and forward integration in the automotive and off-road components sectors.
Anant Raj Limited completed the acquisition of 12,500 equity shares (25% stake) in Romano Projects Private Limited on April 30, 2026. Consequently, Romano Projects has become a Wholly Owned Subsidiary of the company. This move follows a previous investment intimation from April 27, 2026.