Latest Announcements

Honasa Consumer Limited (HCL) has announced the acquisition of a 58% majority stake in Fluence Pharma, a science-backed nutraceuticals company specializing in patented Cyclical Nutrition Therapy. This strategic move marks HCL's entry into the high-growth nutraceuticals market, particularly focusing on "inside-out" beauty solutions. HCL will establish a new subsidiary, Honasa Health Private Limited, to scale Fluence's B2C nutrition portfolio. Fluence Pharma reported approximately INR 40 Crore revenue with over 20% EBITDA margin in FY26.

Honasa Consumer Ltd announced the acquisition of a 58% equity stake in Fluence Pharma Private Limited, a company offering condition-specific OTC supplements under brands like "Hair Fact, Skin Fact, and Pro Fact." The acquisition, valued at approximately ₹135 Crores enterprise value for the initial stake, strategically marks Honasa's entry into the high-growth nutraceuticals market, with plans to acquire the remaining 42% over the next 5-7 years. Additionally, Honasa will incorporate a wholly-owned subsidiary, 'Honasa Health Private Limited,' to manage its new B2C nutraceuticals operations.

Honasa Consumer Limited has approved the acquisition of a majority 58% equity stake in Fluence Pharma Private Limited for approximately ₹135 Crores enterprise value. Fluence Pharma offers condition-specific OTC supplements under brands like "Hair Fact" and "Skin Fact." This strategic move marks Honasa's entry into the rapidly growing nutraceuticals market, which is valued at over ₹16,000 Crores. The company also announced the incorporation of a wholly-owned subsidiary, Honasa Health Private Limited, to manage its B2C nutraceuticals business. The remaining 42% stake in Fluence Pharma will be acquired in two tranches over the next 5-7 years.

Batliboi Ltd has announced the acquisition of 100% equity share capital of Penta Automation Systems Private Limited and its group company, Pats Robotics Private Limited, for INR 20 crore. Penta, a profitable specialized provider of customized industrial automation solutions and robotics integration services, reported combined revenue of INR 25.17 crore in FY2025-26. This acquisition aims to accelerate Batliboi's growth strategy by entering the high-growth industrial automation and robotics segment, diversifying its business, and leveraging complementary capabilities. The transaction involves upfront and deferred cash consideration, with Penta's founders continuing to lead operations for five years.

Concord Enviro Systems Limited announced the publication of a newspaper notice regarding the hearing of a petition for a Scheme of Arrangement between the Company and its Shareholders. The petition, filed under Sections 230, 52, and 66 of the Companies Act, 2013, has been admitted by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench. The hearing for the sanction of this scheme is scheduled for July 23, 2026. This announcement represents a procedural step in the company's corporate restructuring process, progressing towards NCLT approval.

Concord Enviro Systems Ltd has announced the newspaper publication of the Notice of Hearing for a Scheme of Arrangement with its shareholders. The petition for this Scheme, filed under Sections 230, 52, and 66 of the Companies Act, 2013, has been admitted by the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench. A hearing for the sanction of the aforesaid Scheme is scheduled for July 23, 2026. This represents a procedural step in the corporate restructuring process.

SVA India Ltd has increased its shareholding in Aussee Oats Milling Private Limited, a Sri Lankan company manufacturing oats and oat-based products, from 50% to 100%. This makes Aussee Oats Milling a Wholly Owned Subsidiary (WOS) of SVA India Ltd, effective June 23, 2026. The acquisition, for cash consideration based on valuation reports, fully consolidates Aussee Oats, which had a turnover of USD 14.78 million in FY 2025-26. Although a related party transaction due to a common director, it was conducted at arm's length.

Nephrocare Health Services Ltd's overseas step-down wholly-owned subsidiary, Nephrocare Health Care Services, Philippines Inc., has acquired identified assets relating to a dialysis center in Ipil, Zamboanga Sibugay, Philippines. The acquisition was made through an Asset Transfer Agreement dated June 22, 2026, with Pag-Asa Dialysis And Diagnostic Center, for a total consideration of PhP 80,640,000. This strategic move expands the company's operational footprint in the international market.

Gayatri Highways Ltd (GHL) has announced an update regarding its previously disclosed acquisition of 23.00% equity shares in HKR Roadways Limited from Kotak Special Situations Fund. The indicative completion timeline for this acquisition has been extended from June 30, 2026, to on or before September 30, 2026. This extension is necessary for HKR Roadways Limited to comply with certain conditions outlined in the Securities Purchase Agreement. All other terms of the acquisition, which GHL expects to be beneficial for its future growth in the infrastructure industry, remain unchanged.

Purple Finance Ltd announced the receipt of the final Letter of Offer from Mark Corporate Advisors Private Limited for an open offer. Acquirers Allied Commodities Private Limited, Mr. Sandeep Jindal, and Two Infinity Partners, along with Persons Acting in Concert (PACs), intend to acquire up to 1,76,48,152 equity shares, representing 26.00% of the company's emerging voting capital, at an offer price of ₹55.00 per share, payable in cash. The Reserve Bank of India has granted its prior approval for this acquisition and change in control.

Niraj Cement Structurals Limited has announced the submission of a Detailed Public Statement (DPS) to the Exchange by Navigant Corporate Advisors Ltd. This statement is intended for the attention of the company's equity shareholders. The announcement does not disclose the specific content or implications of the DPS.

Gayatri Highways Limited has provided an update regarding its acquisition of a 23.00% equity stake in HKR Roadways Limited from Kotak Special Situations Fund. The completion timeline for acquiring 10,67,729 equity shares of HKR Roadways, which was initially expected by June 30, 2026, has now been extended to on or before September 30, 2026. This delay is due to certain conditions HKR Roadways Limited needs to comply with, as obligated under the Securities Purchase Agreement, while all other terms of the sale remain unchanged.

Allied Commodities Private Limited, along with other acquirers and PACs, has launched an open offer to acquire up to 1,76,48,152 equity shares, representing 26.00% of Purple Finance Ltd's emerging voting capital. The offer price is ₹55.00 per equity share, payable in cash, in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Reserve Bank of India has granted prior approval for this acquisition and the associated change in control. This is a non-conditional offer and not subject to any minimum level of acceptance.

Hubtown Limited has obtained requisite approvals from its equity shareholders and unsecured creditors for two Schemes of Arrangement to merge Saicharan Consultancy Private Limited (SCPL) and 25 West Realty Private Limited (25 West) into Hubtown. The SCPL merger consolidates Hubtown's ownership in its subsidiary's 'Rising City' project, increasing its revenue share by 21.17%. The 25 West merger integrates a super-luxury residential project expected to generate approximately ₹6,000 crores in revenue. These strategic initiatives aim to strengthen Hubtown's revenue base, profitability, and market position through asset consolidation, pending final NCLT and other regulatory approvals.

Hubtown Ltd has announced that its equity shareholders and unsecured creditors have approved two schemes of arrangement for the merger of Saicharan Consultancy Private Limited (SCPL) and 25 West Realty Private Limited with Hubtown. The merger with SCPL will consolidate Hubtown's ownership in Rare Townships Private Limited, increasing its revenue share in the 'Rising City' project by 21.17%. The integration of 25 West Realty will bring in a super-luxury residential project '25 West' with an expected total revenue of ₹6,000 crores. These strategic initiatives aim to strengthen the company's revenue, profitability, and market position, subject to NCLT and other regulatory approvals.

GTPL Hathway Ltd has entered into a Business Transfer Agreement to acquire the Cable Television Business of seven ACT Group companies for an aggregate cash consideration of Rs. 36.23 crore. This strategic acquisition, expected to be completed by September 15, 2026, will add approximately 6.00 lakh cable TV subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka. The acquired businesses had a combined turnover of approximately Rs. 164.29 crore in FY2025-26. This transaction is part of GTPL's expansion strategy, does not involve related parties, and requires no governmental or regulatory approvals.

GTPL Hathway Limited has signed a Business Transfer Agreement to acquire the Cable Television Business of seven companies belonging to the ACT Group for a cash consideration of Rs. 36.23 crore. This strategic acquisition will add approximately 6.00 lakh cable television subscribers across Andhra Pradesh, Telangana, Orissa, and Karnataka, significantly expanding GTPL's market presence. The transaction is not a related party deal and requires no governmental approvals, with completion expected by September 15, 2026.

Maximus International Ltd announced its Board approved acquiring a 40% equity stake in Quebec Petroleum Resources Limited for Rs. 18.43 crore in cash. Quebec is a Vadodara-based manufacturer and distributor of lubricants and petroleum products, reporting Rs. 184.73 crore turnover in FY25. This strategic acquisition marks Maximus International's entry into India's domestic lubricant market, providing an established manufacturing base, diversified product portfolio, and distribution network to complement its existing Middle East and Africa export operations, aiming for long-term value creation.

Mr. Gulshankumar Vijaykumar Chopra has made an open offer to acquire up to 1,55,20,529 equity shares (26.00% of the voting share capital) of Niraj Cement Structurals Ltd at a price of Rs. 29 per share. This Detailed Public Statement complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The target company has shown consistent growth in total revenue and net income over the past three fiscal years, up to March 2026. This event indicates a potential strategic consolidation of ownership.

Rekvina Laboratories Ltd announced receiving a Letter of Offer for an open offer to acquire up to 26% (2,890,100 shares) of its expanded share capital from public shareholders. The offer is made by Surbhit Mukesh Shah (a director), Amit Mukesh Shah, and Dhruvalkumar Patel at ₹10 per share. This open offer is in compliance with SEBI (SAST) Regulations, providing an exit opportunity for public shareholders and potentially leading to a consolidation of ownership or change in control.