NSEScheme of ArrangementM&A16 Oct 2026
Balkrishna Paper Mills Limited
Scheme of Arrangement
Balkrishna Paper Mills Limited has received an order from the National Company Law Tribunal (NCLT) to reduce its share capital through a scheme of arrangement, which involves adjusting accumulated losses and reducing the issued and paid-up equity share capital.
NSEAcquisition▲ PositiveM&A16 Oct 2026
Wipro Limited
Acquisition
Wipro Limited has informed the Exchange that it has signed a definitive agreement to acquire 20% shareholding in FLARRE.AI, Inc. through its step-down subsidiary - Wipro IT Services, LLC.
NSEGeneral UpdatesM&A15 Oct 2026
REC Limited
General Updates
REC Limited has received a No Objection Certificate from the Reserve Bank of India for its proposed scheme of merger with Power Finance Corporation Limited, subject to certain conditions and approvals.
NSEGeneral UpdatesM&A15 Oct 2026
Skyways Air Services Limited
General Updates
Skyways Air Services Limited has informed the Exchange about General Updates, including the approval of proposals for disinvestment of 40% of its existing shareholding in Avito Global Freight Private Limited, incorporation of a wholly owned subsidiary in Masdar City Free Zone, Abu Dhabi, and providing corporate guarantee to Techombank on behalf of Skyways SLS Logistik Company Limited.
NSEAmalgamation/MergerM&A15 Oct 2026
Power Finance Corporation Limited
Amalgamation/Merger
Power Finance Corporation Limited has received a No Objection certificate from the Reserve Bank of India (RBI) for its proposed scheme of merger with REC Limited.
NSEPress Release▲ PositiveM&A15 Oct 2026
Mankind Pharma Limited
Press Release
Mankind Pharma Limited has announced that its Board of Directors has approved the acquisition of a majority stake (70%) in Armed Cell Therapeutics B.V. (ACTx), a Belgium-incorporated biotechnology company, through its wholly-owned subsidiary Mankind Pharma (Netherlands) B.V. The acquisition is part of the Company's long-term strategy to build a global innovation-led pharmaceutical business.
NSEAcquisition▲ PositiveM&A15 Oct 2026
Mankind Pharma Limited
Acquisition
Mankind Pharma Limited has informed the Exchange about Acquisition of majority stake (70%) in Armed Cell Therapeutics B.V. (ACTx) through its wholly-owned subsidiary Mankind Pharma (Netherlands) B.V. for EUR 48Mn in installments.
NSEOutcome of Board Meeting▲ PositiveM&A15 Oct 2026
Mankind Pharma Limited
Outcome of Board Meeting
Mankind Pharma Limited has informed the Exchange regarding Outcome of Board Meeting held on October 15, 2026. The Board of Directors has considered and approved an additional investment of up to EUR 45Mn in Mankind Pharma (Netherlands) B.V. and the acquisition of a majority stake (i.e., 70%) in Armed Cell Therapeutics B.V. through Mankind Netherlands.
NSEAmalgamation/MergerM&A15 Oct 2026
Tata Steel Limited
Amalgamation/Merger
Tata Steel Limited has received the certified true copy of the Order of the Hon'ble National Company Law Tribunal, Mumbai Bench, approving and sanctioning the Scheme of Amalgamation between Tata Steel Limited and Rujuvalika Investments Limited.
NSEOutcome of Board MeetingM&A15 Oct 2026
Midwest Limited
Outcome of Board Meeting
Midwest Limited has informed the Exchange regarding Outcome of Board Meeting held on October 15, 2026, where the Board of Directors approved the establishment of a wholly owned subsidiary in Singapore.
NSEAcquisitionM&A15 Oct 2026
Solar Industries India Limited
Acquisition
Solar Industries India Limited has informed the Exchange about the proposed acquisition of 100% of the issued and paid-up equity share capital of Sivasakthi Industrial Explosives Private Limited for ₹ 115.02 crores.
NSEScheme of ArrangementM&A15 Oct 2026
Asian Energy Services Limited
Scheme of Arrangement
Asian Energy Services Limited has received the final order from the National Company Law Tribunal for a Scheme of Merger by Absorption of Oilmax Energy Private Limited, a significant step in the company's restructuring process.
NSEGeneral Updates▲ PositiveM&A15 Oct 2026
Aeroflex Enterprises Limited
General Updates
Aeroflex Enterprises Limited's subsidiary, Aeroflex Neu Limited, has approved the acquisition of 7,27,040 equity shares of Stilonn Valves and Controls Private Limited for ₹16,00,21,504. The acquisition will result in Stilonn becoming a subsidiary of Aeroflex Neu Limited, with a 51.01% stake.
NSEPress Release▲ PositiveM&A15 Oct 2026
NTPC Limited
Press Release
NTPC Limited has partnered with Africa50 to jointly develop power projects across Africa, leveraging NTPC's technical expertise and Africa50's project development capabilities.
NSEAcquisition▲ PositiveM&A15 Oct 2026
Aeroflex Neu Limited
Acquisition
Aeroflex Neu Limited has approved the acquisition of 7,27,040 equity shares of Stilonn Valves and Controls Private Limited for ₹16,00,21,504. The acquisition will result in Stilonn becoming a subsidiary of Aeroflex Neu Limited, increasing its shareholding from 19.58% to 51.01%. The acquisition is part of Aeroflex Neu Limited's initiative in the AI Infra and Data Centre sector.
NSEOutcome of Board Meeting▲ PositiveM&A15 Oct 2026
Aeroflex Neu Limited
Outcome of Board Meeting
Aeroflex Neu Limited has approved the further acquisition of 7,27,040 equity shares of Stilonn Valves and Controls Private Limited, increasing its shareholding from 19.58% to 51.01% and making Stilonn a subsidiary.
NSEAmalgamation/MergerM&A15 Oct 2026
The Phoenix Mills Limited
Amalgamation/Merger
The Phoenix Mills Limited has informed the Exchange about the amalgamation/merger of its subsidiary companies, SGH Realty Private Limited and Truevalue Infrabuild Private Limited, on a going concern basis. The rationale for the amalgamation includes creating a simplified business structure, reducing overheads, and enhancing value for shareholders.
NSEAcquisitionM&A15 Oct 2026
IIFL Finance Limited
Acquisition
IIFL Finance Limited has informed the Exchange about Acquisition of India Infoline Foundation, a Section 8 company.
NSEGeneral UpdatesM&A15 Oct 2026
Tata Consultancy Services Limited
General Updates
Tata Consultancy Services Limited has completed the acquisition of 100% partnership interest in BBY Services India LLP, making it a wholly owned subsidiary.
NSEPress Release▲ PositiveM&A15 Oct 2026
Allied Blenders and Distillers Limited
Press Release
Allied Blenders and Distillers Limited's subsidiary ABD Maestro Private Limited has been named 'Company of the Year 2026' at the Spiritz Conclave & Achievers' Awards 2026, and received medals in multiple blind tasting product categories and trophies in Excellence Awards.