Inventurus Knowledge Solutions Limited (IKS Health) has agreed to acquire U.S.-based TruBridge, Inc. (NASDAQ: TBRG) for $26.25 per share in cash, totaling approximately ₹2227.50 Crore. The acquisition expands IKS Health's presence in the rural and community healthcare market and is expected to close in Q3 2026.
Value
₹2,228 Cr
Execution
Expected to close in third calendar quarter of 2026
Inventurus Knowledge Solutions Limited (IKS) announced the acquisition of 100% of US-based TruBridge Inc. for ₹5254.50 Crore (USD 565 million). The acquisition will be funded via a ₹6231.00 Crore credit facility from Citibank, Deutsche Bank, and JPMorgan. This strategic move strengthens IKS's presence in the US healthcare IT and revenue cycle management sectors.
Saatvik Green Energy Limited is acquiring an 80% stake in Melcon Transformers and Electrical Private Limited for ₹2.40 Crore. This strategic acquisition enables diversification into transformer manufacturing, establishing a presence in the power value chain. The transaction is expected to conclude within 30 days, unlocking operational synergies and enhancing supply chain control.
Star Cement Limited's subsidiary, Star Cement North East Limited, acquired 100% of Jaitaran Renewable Power Private Limited for nil cash consideration. The acquisition diversifies the company into the energy and power sector. JRPPL now operates as a wholly owned step-down subsidiary, strengthening Star Cement's renewable energy initiatives.
Star Cement Limited's subsidiary, SCNEL, acquired a 100% stake in Jaitaran Renewable Power Private Limited for ₹0.002 Crore. This acquisition diversifies the company into the renewable energy sector. JRPPL, incorporated in March 2026, becomes a step-down subsidiary of Star Cement.
Saatvik Green Energy Limited is acquiring an 80% stake in Jaipur-based Melcon Transformers and Electricals Private Limited for ₹2.4 Crore. The acquisition, expected to complete within 30 days, enables Saatvik to diversify into transformer manufacturing and integrate its power value chain. Melcon reported a FY2025 turnover of ₹4.17 Crore.
Vipul Limited received NCLT approval to amalgamate five wholly owned subsidiaries, including Abhipra Trading and United Buildwell, effective from April 1, 2022. The merger aims to consolidate resources, reduce compliance multiplicity, and improve operational efficiencies. No fresh shares will be issued as the transferor companies are wholly owned subsidiaries.
Vardhman Textiles Limited has entered into an agreement to invest ₹24.29 Crore for a 31.2% stake in ReNew Green (MPR Four) Private Limited. The investment facilitates the setup of a 19 MW AC wind-solar hybrid power plant in Madhya Pradesh, which will exclusively supply captive power to the company.
Vardhman Textiles Limited will acquire a 31.2% stake in ReNew Green (MPR Four) Private Limited for ₹24.29 Crore. The investment in the renewable energy SPV is aimed at securing captive power consumption to comply with Indian electricity laws. The transaction will be completed in three tranches based on project milestones.
Aster DM Healthcare Limited and its subsidiary MIMS completed a 26% stake acquisition in Oyster Green Hybrid Two Private Limited for ₹5.80 Crore. The investment was revised from ₹7 Crore due to lower project costs. The acquisition facilitates a captive 18 MWp solar power plant in Kerala to meet the group's renewable energy requirements.
Vardhman Textiles Limited will acquire a 31.2% stake in ReNew Green (MPR Four) Private Limited for ₹24.29 Crore. The investment facilitates captive power procurement from a new 19 MW Wind-Solar Hybrid Power Plant in Madhya Pradesh, ensuring long-term renewable energy supply for the company's operations.
Nisha Gupta and PACs acquired 16,70,000 equity shares of Regal Entertainment & Consultants Ltd via a rights issue, increasing their total stake to 20.24%. The acquisition was disclosed under SEBI SAST Regulation 29(1) as a non-promoter transaction. The group's holding post-acquisition reached 18,04,386 shares.
Northern Lights Ventures Private Limited acquired a 18.74% stake in Regal Entertainment & Consultants Limited (BSE: 531033) via a rights issue. Following the acquisition, the acquirer and its persons acting in concert hold 20.24% of the company's equity capital. The transaction was disclosed under SEBI SAST Regulation 29(1).
Dreamfolks Services Limited has completed the first phase of acquiring ETT Solutions DMCC, currently holding a 34% stake. Following a planned primary subscription, the company's total shareholding in ETT will increase to 60.24%, marking a significant strategic expansion into the entity.
Concord Enviro Systems Ltd's subsidiary acquired a 2.87% stake in U.S.-based WaHa Inc. for ₹5.35 Crore. The investment in the clean-tech firm secures exclusive licensing rights for India and UAE. This strategic move strengthens the company's capabilities in atmospheric water generation and energy-efficient cooling technologies.
Coforge Limited successfully closed the acquisition of Encora, funded via a USD 550 Million (₹5,115 Crore) three-year loan at 4.6% interest. The acquisition adds scaled-up nearshore delivery capabilities in Latin America and is expected to deliver US$2Bn in AI-led revenue by FY27. Financial consolidation begins May 1, 2026.
BC Asia Investments entities acquired a significant stake in Manappuram Finance Ltd, obtaining 9.89% of equity shares and 9.00% in warrants. Following this acquisition on April 21, 2026, the investors have acquired control and are now classified as promoters. This strategic investment results in a total diluted holding of 18.00% for the acquirers.
Unimech Aerospace and Manufacturing Limited signed definitive agreements to acquire Hobel Bellows, a specialized manufacturer with ₹123.7 crore in annual revenue. This acquisition enhances Unimech's capabilities in metallic bellows and precision assemblies, serving global OEM customers. The move aligns with the company's strategy to expand into higher-value engineered systems across aerospace and industrial sectors.
Unimech Aerospace and Manufacturing Limited approved a ₹450 Crore investment to acquire Hobel Bellows Co. through a newly incorporated subsidiary. This acquisition adds metallic bellows and engineered assemblies to Unimech's aerospace value chain, providing access to advanced hydroforming and welding technologies.
Enviro Infra Engineers Limited's subsidiary acquired PRA BIHAR BESS Private Limited for ₹15.51 Crore. The target is an SPV developing a 37.5 MW Battery Energy Storage System in Bihar. This acquisition strengthens the group's renewable energy portfolio and expands its geographic presence in the battery storage sector.
Counter Cyclical Investments Private Limited acquired 8,688 shares (0.17% stake) in T & I Global Ltd through an open market transaction on April 21, 2026. This acquisition increases their total holding to 4,40,630 shares, representing an 8.69% stake in the company.
Dealmoney Commodities Private Limited acquired 8,96,475 equity shares (2.31% stake) of Swojas Foods Limited through the open market. This acquisition increases their total holding from 8.60% to 10.92%. The transaction was completed between November 2025 and April 2026.
Saumya Singh acquired 10,00,000 equity shares of Sanchay Finvest Limited through a preferential allotment. This acquisition represents 12.5% of the company's expanded share capital. The acquirer does not belong to the promoter group, and the shares were acquired on April 20, 2026.
Enviro Infra Engineers Limited, through its subsidiary, acquired a 49% stake in PRA Bihar Bess Private Limited for ₹15.51 Crore. The target is a Special Purpose Vehicle developing a 37.5 MW Battery Energy Storage System project in Bihar. The company will acquire the remaining 51% stake within 60 days of the project's commercial operation date.
Enviro Infra Engineers' subsidiary, EIE Renewables, acquired a majority stake in PRA Bihar BESS Private Limited for ₹15.51 Crore. The target is an SPV developing a 37.5 MW Battery Energy Storage System in Bihar. The project involves a ₹150 Crore capex and has secured a 12-year purchase agreement with Bihar state power utilities.
Vilas Transcore Limited acquired 8,999 equity shares (89.99% stake) of Leelajit Foundation on April 21, 2026. The acquisition of the remaining shares is in progress. Upon completion, Leelajit Foundation will become a Wholly Owned Subsidiary of the company.
Green Horizon Fund PCC - CELL 1 acquired 25,00,000 shares (12.69% stake) in Axentra Corp Limited for ₹2.50 Crore via preferential allotment. The acquirer is a non-promoter entity, and the transaction was completed on April 14, 2026.
Rushabh Praful Satra acquired 9,30,000 equity shares (11.62% stake) in Sanchay Finvest Limited via a preferential allotment on April 20, 2026. This significant non-promoter acquisition, valued at approximately ₹0.93 Crore, marks a substantial increase in the investor's holding in the company.
Vrutika Praful Satra acquired 9,20,000 equity shares of Sanchay Finvest Limited, representing an 11.50% stake. The acquisition was completed via preferential allotment on April 20, 2026. The acquirer does not belong to the promoter group, making this a significant non-promoter equity investment.
Shankar Dayal Singh acquired 5,00,000 equity shares in Sanchay Finvest Limited through a preferential allotment. This represents a 6.25% stake in the company's post-acquisition equity capital. The acquirer does not belong to the promoter group.