Prozone Realty Limited will acquire a 17.507% stake in Gajaanan Property Developers Private Limited for ₹24.00 Crore. The cash transaction is expected to conclude within 180 days. This strategic investment aims to expand the company's presence in high-income yielding real estate assets and high-potential land developments.
Life Insurance Corporation of India (LIC) increased its stake in HCL Technologies Ltd by 2.007% through open market purchases. Following the acquisition of 5,44,60,646 shares, LIC's total holding in the company rose from 5.003% to 7.010%.
Eco Recycling Ltd is acquiring the remaining 21.74% stake in its subsidiary, Ecoreco Park Private Limited, for ₹1.93 Crore. This consolidation aims to create an Integrated Circular Economy Park and gives the company absolute control over EPPL. The cash transaction is expected to be completed within six months.
Equity shareholders of Torrent Pharmaceuticals Limited approved the Scheme of Amalgamation with J. B. Chemicals & Pharmaceuticals Limited. The resolution was passed with the requisite majority through remote e-voting and e-voting at the NCLT-convened meeting held on April 28, 2026.
Prozone Realty Limited is acquiring a 17.507% stake in Gajaanan Property Developers Private Limited for ₹24.00 Crore in cash. This strategic acquisition aims to expand the company's footprint in high-income yielding real estate assets and develop high-potential land. The transaction is expected to conclude within 180 days.
Enviro Infra Engineers Limited, via its subsidiary, is acquiring a 51% stake in Suyog Urja Limited for a total consideration of ₹311 Crore. This strategic acquisition marks the company's entry into the wind energy sector, diversifying its renewable energy portfolio. The transaction involves an initial ₹111 Crore payment for the majority stake, with completion expected by July 2028.
Enviro Infra Engineers' subsidiary acquired a 51% stake in Suyog Urja Limited for ₹311 Crore. This strategic entry into wind energy expands the company's renewable portfolio and geographic footprint. The target company brings an order book of ₹645 Crore and over 500 MW of completed project experience.
Enviro Infra Engineers Limited, through its subsidiary EIE Renewables, entered an agreement to acquire 100% of Suyog Urja Limited for approximately ₹311 Crore. The acquisition involves an immediate 51% stake purchase, with the remaining 49% acquired over 27 months. This strategic move marks the company's entry into the wind energy infrastructure segment.
Leela Palaces Hotels & Resorts Limited is acquiring a stake in BPBKC Properties Private Limited for ₹1.00 Crore in cash. The acquisition of the real estate firm aims to explore investment opportunities in hospitality and real estate. The transaction is expected to be completed by the end of FY 2027.
Vikran Engineering Limited has executed an agreement to acquire a 49% stake in NOPL Solar Projects Private Limited for ₹4.9 Crore. This strategic investment expands Vikran's footprint in India's renewable energy sector. The target company is associated with a 969 MW grid-connected solar project under the PM-KUSUM Scheme in Maharashtra.
Oriana Power Limited invested ₹8.01 Crore to acquire 62,16,000 equity shares in its subsidiary, Truere Current Private Limited. The investment, made via a rights issue, supports the development of a Battery Energy Storage System (BESS). Post-acquisition, Oriana Power's shareholding remains unchanged at 74%.
Chalet Hotels Limited completed the first tranche acquisition of Seasons Hotels Private Limited for ₹171.0 Crore. The target company owns the 144-room Inder Residency Resort & Spa in Udaipur, Rajasthan. Following this transaction, Seasons Hotels has become a subsidiary of Chalet Hotels, expanding its hospitality portfolio in a key leisure destination.
Chalet Hotels Limited has approved the 100% acquisition of Seasons Hotels Private Limited for ₹171.0 Crore. The target owns the 144-room Inder Residency Resort & Spa in Udaipur. This acquisition aligns with Chalet's strategy to expand its leisure portfolio and is expected to conclude by May 15, 2026.
Kalpataru Projects International Limited (KPIL) has completed the acquisition of the remaining 35% equity stake in its Saudi Arabian joint venture for ₹24.86 Crore. Following requisite regulatory approvals, the entity has become a wholly-owned subsidiary of KPIL effective April 14, 2026, consolidating the company's presence in the Kingdom of Saudi Arabia.
Kalpataru Projects International Limited has completed the acquisition of the remaining 35% stake in Kalpataru Projects Arabia Company for SAR 10 Million (₹25 Crore). Following requisite regulatory approvals in Saudi Arabia, the entity has become a wholly owned subsidiary effective April 14, 2026, strengthening the company's presence in the Middle Eastern market.
Aeroflex Enterprises Limited's subsidiary, M.R. Organisation (USA) LLC, acquired the remaining 49% stake in ABP Impex, Portugal. ABP Impex is now a wholly owned subsidiary of M.R. Organisation (USA) LLC. This strategic move consolidates the group's international presence in the EU market.
Samvardhana Motherson International Limited, via its subsidiary, will acquire the remaining 49% stake in South Africa-based Vacuform for ₹25.3 Crore. The transaction, expected to close by June 2026, will give the company 100% strategic and operational control of the automotive component manufacturer. This move strengthens Motherson's manufacturing footprint in the vacuum forming and blow-moulded parts segment.
Samvardhana Motherson International Limited will acquire the remaining 51% stake in Nissin Advanced Coating Indo Co. Private Limited for ₹9.23 Crore. Post-acquisition, Nissin India will become an indirect wholly-owned subsidiary of the company. The transaction is expected to conclude in Q1 FY 2026-27.
Sun Pharmaceutical's US subsidiary will acquire 100% of Organon & Co. for ₹37,649 Crore ($3.99B equity value) in an all-cash merger. The deal, valued at $11.75B enterprise value, strengthens Sun's global portfolio in women's health and biosimilars. Completion is expected in early 2027, subject to regulatory and shareholder approvals.
Mahindra & Mahindra Limited is acquiring an additional 0.2803% stake in Carnot Technologies Private Limited for ₹6.72 Crore. This cash transaction aims to consolidate the company's technology capabilities in precision farming and telematics. The acquisition is expected to conclude by May 31, 2026.
Samvardhana Motherson International Limited will acquire a 51% stake in Nissin India for ₹9.23 Crore. Post-acquisition, Nissin India will become an indirect wholly-owned subsidiary. The transaction strengthens the company's thin-film coating business and is expected to conclude by June 2026.
Samvardhana Motherson International Limited (SAMIL) is acquiring a 49% stake in South Africa-based Vacuform 2000 Proprietary Limited for approximately ₹25.3 Crore. Post-acquisition, SAMIL will hold 100% ownership, enabling full strategic and operational control of the automotive parts manufacturer. The transaction is expected to conclude by June 30, 2026.
J. K. Cement Limited invested ₹4.22 Crore to acquire a 26% stake in Truere Guj SPV Private Limited. The investment secures 70 MWp of solar power for the company's Nimbahera plant under a captive model, strengthening its long-term renewable energy strategy.
Anant Raj Ltd acquired the remaining 25% stake in its subsidiary, Romano Projects Private Limited, for ₹3.58 Crore. Following the transaction, RPPL becomes a wholly-owned subsidiary.
Mahindra & Mahindra is acquiring an additional 28.03% stake in its subsidiary, Carnot Technologies, for approximately ₹6.72 Crore. This transaction increases M&M's equity holding to 80.72% (89% voting rights). The move strengthens M&M's presence in precision farming and telematics technology, with completion expected by May 2026.
Kirloskar Pneumatic Company Limited has executed an agreement to acquire the remaining 44.74% stake in its subsidiary, Systems and Components India Private Limited. The acquisition from existing promoter shareholders is valued at ₹12.55 Crore, consolidating full ownership of the entity.
Riddhi Siddhi Gluco Biols Ltd (RSGBL) has completed the acquisition of Cargill’s corn wet milling facility in Davangere, Karnataka. The plant has an annual capacity of 300,000 MT. This strategic move strengthens RSGBL's manufacturing capabilities in the starch and derivatives industry and expands its footprint in southern India.
Riddhi Siddhi Gluco Biols Limited has completed the acquisition of identified assets from Cargill India Pvt. Ltd. The transaction includes a manufacturing facility in Southern India, land, infrastructure, warehouses, and corn silos. This acquisition significantly strengthens the company's operational footprint in the region.
Mahindra Holidays & Resorts India Limited is acquiring 100% of Aditatva Estates Private Limited for ₹37.5 Crore. The target owns a 50-acre coffee plantation in Chikmagalur, Karnataka, which MHRIL plans to develop into a leisure resort. The transaction is expected to be completed by July 31, 2026.
Global Health Limited (Medanta) entered a Business Transfer Agreement to acquire an 80-bed Cancer Hospital in Indore for ₹30 Crore. The facility, located near Medanta's existing Indore hospital, adds comprehensive oncology services and strengthens its Central India presence. The transaction includes the assignment of a long-term lease.