Global High-Priority Regulatory Events — June 30, 2026

30-06-2026

Optiemus Infracom Limited's Operations & Administration Committee approved two key transactions on June 30, 2026: (1) subscribing to a rights issue of its joint venture and subsidiary Bharat Innovative Glass Technologies Private Limited (Bigtech) for ₹10,79,94,600 (₹10.79 Crore) to acquire 1,07,99,460 equity shares at ₹10 each, maintaining its 70% stake; and (2) granting an unsecured loan of up to ₹100 Crore to its wholly owned subsidiary GDN Enterprises Private Limited for 3 years at 8.50% p.a. interest. Bigtech, incorporated in October 2023, is still setting up its manufacturing facility and reported nil turnover for FY26, with a net worth of ₹15,226.21 Lakh. Both transactions are classified as related party transactions but are stated to be on an arm's length basis.

• · Bigtech was incorporated on 4th October 2023 and is in the process of setting up a manufacturing facility in Tamil Nadu.
• · Bigtech reported nil turnover for the financial year ended 31st March 2026.
• · The loan to GDN Enterprises is unsecured, for a period of 3 years, at an interest rate of 8.50% per annum (or linked to SBI benchmark).
• · The rights issue consideration was computed by an Independent Valuer.
• · The meeting of the Operations & Administration Committee lasted from 10:30 AM to 10:42 AM on 30th June 2026.

30-06-2026

Aurobindo Pharma Limited, through its wholly owned subsidiary Aurobindo Pharma USA Inc. (APUSA), has completed the acquisition of Lannett Company, Inc., USA, effective June 29, 2026, following U.S. FTC approval. The acquisition adds over 400 employees to APUSA and aims to enhance the availability of essential medicines, though no financial terms or expected synergies were disclosed.

• · Acquisition approval received from U.S. FTC on June 18, 2026.
• · Lannett will operate as Lannett Company LLC, a wholly owned subsidiary of APUSA.
• · Integration process begins immediately with focus on uninterrupted medication access and employee support.

30-06-2026

Pooja Saraswat, a promoter group entity, acquired 3,00,000 shares (1.85% of total share capital) of Yug Decor Limited via an inter-se gift transfer from Santosh Kumar Saraswat on June 18, 2026. Post-transaction, Pooja Saraswat's holding increased from 5,04,321 shares (3.12%) to 8,04,321 shares (4.97%), while Santosh Kumar Saraswat's holding decreased from 8,60,709 shares (5.32%) to 5,60,709 shares (3.46%). The transfer was exempt from open offer under Regulation 10(a)(i) & (ii) of SEBI SAST Regulations.

• · Prior intimation under Regulation 10(5) was filed on June 12, 2026.
• · The transfer is an inter-se gift between promoter group members, hence no consideration involved.
• · The scrip code is 540550 and scrip ID is YUG on BSE SME Platform.

30-06-2026

BCL Industries Limited has completed the acquisition of the remaining 25% equity stake in Svaksha Distillery Limited for a cash consideration of ₹55 crore, making it a wholly owned subsidiary. Svaksha Distillery has demonstrated exceptional growth, with revenue increasing from ₹187 crore in FY23 to ₹3899 crore in FY26, representing nearly a 4x increase. The acquisition is expected to drive operational synergies and support BCL's long-term growth strategy in the grain-based ENA and ethanol industry.

• · The acquisition was completed on June 30, 2026, following the initial announcement on December 4, 2025.
• · Svaksha Distillery has an installed capacity of 350 KLPD.
• · The acquisition makes Svaksha a wholly owned subsidiary, enhancing operational integration at the consolidated level.

30-06-2026

MM Forgings Limited announced that the National Company Law Tribunal (NCLT), Chennai Bench, has approved the Scheme of Amalgamation of its wholly-owned subsidiary DVS Industries Private Limited (Transferor Company) with MM Forgings Limited (Transferee Company) under Sections 230-232 of the Companies Act, 2013. The scheme aims to consolidate operations, achieve synergies, reduce administrative costs, and simplify the corporate structure. Post amalgamation, DVS Industries will be dissolved without winding up, and no shares will be issued by MM Forgings as it already holds 100% of the subsidiary's equity.

• · Scheme appointed date is 1st April 2024.
• · No shares will be issued by MM Forgings as it already holds 100% of DVS Industries' equity; the subsidiary's shares will be cancelled.
• · MM Forgings' authorised share capital will increase from an unspecified amount to ₹53,50,00,000 (5,35,00,000 equity shares of ₹10 each) post amalgamation.
• · Income Tax Department has reserved its right to proceed independently under the Income Tax Act, citing the Supreme Court judgment in Marshall Sons & Co India Ltd vs ITO.
• · Regional Director filed a no-objection report on 21.01.2026 with observations, including directions to file amended MOA with ROC.
• · Scheme will become effective after filing certified NCLT order copy with ROC and fulfilling conditions in Clause 3.5 of the Scheme.

30-06-2026

GEM Enviro Management Limited has delayed the completion of its acquisition of up to a 26% stake in Solluz Energy Private Limited, originally expected by June 30, 2026, to a new deadline of September 30, 2026, due to procedural delays. The acquisition was previously approved by the Board and announced on March 31, 2026. No financial terms or revised valuations were disclosed.

• · The acquisition was originally announced on March 31, 2026, with a completion deadline of June 30, 2026.
• · The delay is attributed to ongoing procedural processes associated with the completion of the acquisition.
• · The revised completion deadline is September 30, 2026.
• · No financial consideration, valuation, or other material terms of the acquisition have been disclosed in this update.

30-06-2026

Mrs. Rochana Tarang Jain, an immediate relative of the promoter, acquired 5,000 equity shares of Varroc Engineering Limited from Mr. Tarang Jain (Promoter and Chairman & Managing Director) via an off-market gift transaction on June 29, 2026. The transfer was executed under the inter-se exemption (Regulation 10(1)(a)(i) of SEBI SAST) and did not involve any consideration. Post-transaction, the promoter's shareholding remains unchanged at 39.75% of the diluted share capital, and the acquirer's holding is negligible at 0.00%.

• · The transfer was executed under Regulation 10(1)(a)(i) of SEBI SAST, exempting the acquirer from making an open offer.
• · The prior intimation under Regulation 10(5) was filed with stock exchanges on June 22, 2026.
• · The transaction was a gift without consideration; no price was involved.
• · The acquirer's post-transaction shareholding is 0.00% of the diluted share capital, indicating the transfer is immaterial in terms of ownership change.

30-06-2026

SKIL Infrastructure Ltd., currently under Corporate Insolvency Resolution Process (CIRP), has informed stock exchanges that the 7th Committee of Creditors (CoC) meeting is scheduled for July 1, 2026, via virtual mode. The filing, submitted by Resolution Professional Purusottam Behera, is a procedural update as part of the ongoing insolvency proceedings under the NCLT Mumbai order dated February 1, 2024.

• · The company is under CIRP (Corporate Insolvency Resolution Process) per NCLT Mumbai order dated 1st February 2024.
• · This is the 7th Committee of Creditors (CoC) meeting, indicating a prolonged insolvency process.
• · Meeting is scheduled for July 1, 2026, at 5:00 PM via audio-visual means.
• · Resolution Professional Purusottam Behera holds IBBI Registration No. IBBI/IPA-002/IP-N00940/2019-20/12993 (valid till 31st December 2026).
• · No financial figures or operational updates were disclosed in this filing.

30-06-2026

30-06-2026

Autoline Industries Limited (Transferee Company) has amended the Scheme of Amalgamation with its wholly owned subsidiary Autoline Design Software Limited (Transferor Company) to align the accounting treatment with Ind AS 103 (Appendix C) for common control business combinations. The amendments are purely accounting-related and do not change the commercial terms, valuation, consideration, shareholding pattern, or overall structure of the scheme. The appointed date for the amalgamation is April 1, 2025, and the scheme remains subject to NCLT approval.

• · The Transferor Company (Autoline Design Software Limited) is a wholly owned subsidiary of the Transferee Company (Autoline Industries Limited).
• · The Transferor Company is engaged in providing IT-enabled services for the automotive sector; the Transferee Company manufactures auto components.
• · The appointed date for the amalgamation is April 1, 2025, or such other date as approved by the NCLT.
• · The scheme is drawn up to comply with Section 2(1B) of the Income Tax Act, 2025.
• · The amendments were made based on observations from the Statutory Auditors of the Transferee Company and were approved under authority delegated by the Board on May 15, 2026.
• · The scheme involves transfer of all assets, liabilities, employees, licenses, contracts, and records of the Transferor Company to the Transferee Company as a going concern.

30-06-2026

Mukka Proteins Limited announced a further delay in its acquisition of a 70% stake in Mukka Proteins Vietnam Co., Ltd., pushing the expected completion date from June 30, 2026 to December 31, 2026. The delay is attributed to pending regulatory approvals in Vietnam. The acquisition, valued at up to ₹10,00,000 (₹10 Lakhs), was originally announced in July 2025 and has now been delayed twice.

• · Original announcement date: 26th July 2025
• · First revised completion date: 31st December 2025 (not met)
• · Second revised completion date: 30th June 2026 (now delayed)
• · Current revised completion date: 31st December 2026
• · Reason for delay: Delay in getting regulatory approvals in Vietnam

30-06-2026

Purple Finance Limited received an open offer from Allied Commodities Private Limited and Mr. Sandeep Jindal (acquirers) to acquire up to 1,76,48,152 equity shares (26.00% of emerging voting capital) at ₹55 per share, payable in cash. The Committee of Independent Directors has deemed the offer price fair and reasonable under SEBI (SAST) Regulations. However, the target company has paid minor penalties for regulatory non-compliance, and the original schedule of the offer faced significant delays (SEBI observations received only on June 12, 2026 vs. expected March 17, 2026).

• · The offer is for 26.00% of the emerging voting capital of Purple Finance.
• · Acquirer 1 (Allied Commodities) holds no equity shares in Target; Acquirer 2 holds 23,00,000 convertible warrants.
• · Deemed PACs hold 5,47,787 equity shares (0.81% of emerging voting capital).
• · PAC 2 holds both equity (45,00,000) and convertible warrants (55,00,000), representing 14.73% of voting capital.
• · PAC 4 holds 65,00,000 convertible warrants allotted on June 15, 2026.
• · The IDC recommendation was published on June 24, 2026, deeming the price fair and reasonable.
• · The Offer Price of ₹55 has not been revised since the Public Announcement.
• · No competing offer was made; the last date for competing offers was March 10, 2026.
• · SEBI observations were issued on June 12, 2026 (Observation Letter No. HO/49/12/11(61)2026-CFD-RAC-DCR2/I/13694/2026), significantly later than the original schedule of March 17, 2026.
• · The target company paid two penalties of ₹10,000 each for non-compliance with LODR regulations (₹10,000 paid on July 16, 2025 and ₹10,000 on March 5, 2026).
• · Trading in the target company's shares is not suspended on BSE.
• · The target company is not part of promoter/promoter group of any other listed company.
• · Acquirer 2 and PAC 3 are on the board of the target company and will recuse themselves from matters relating to the offer.

30-06-2026

Angel Studios, Inc. filed an S-4 registration statement on June 29, 2026, in connection with its proposed mergers with TCP and TTS, supported by fairness opinions from Economics Partners, LLC. The filing includes key agreements such as support agreements with equity holders of TCP and TTS, stock restriction agreements for key operators, and an underwriting agreement dated April 10, 2026. No financial performance data is provided in this filing, so no positive or negative metrics are available.

• · The S-4 registration statement was filed on June 29, 2026, with the SEC.
• · Fairness opinions for both the TCP and TTS mergers were provided by Economics Partners, LLC.
• · An underwriting agreement was entered into on April 10, 2026, with Roth Capital Partners, LLC as representative of the underwriters.
• · Support agreements are in place with certain key equity holders of TCP and TTS.
• · Key operator stock restriction agreements are included for Shining Isle Productions (TCP) and for Brock Starnes and Garrett Taylor (TCP).
• · The filing incorporates by reference numerous prior agreements, including a Settlement Agreement dated August 26, 2020, and various promissory notes and loan agreements.

30-06-2026

Shirpur Gold Refinery Limited, currently under Corporate Insolvency Resolution Process (CIRP), held its 30th Committee of Creditors (CoC) meeting on June 29, 2026, via video conferencing. The meeting, originally scheduled for June 25, 2026, was deferred and then concluded on June 29. The outcome of the meeting has been disclosed to stock exchanges as per SEBI regulations.

• · The 30th CoC meeting was originally scheduled for June 25, 2026, but was deferred to June 29, 2026.
• · The meeting was held via Zoom video conferencing from 11:00 A.M. to 11:55 A.M.
• · The company is under Corporate Insolvency Resolution Process (CIRP).
• · Ashish Vyas is the Resolution Professional with IBBI Registration No. IBBI/IPA-001/IP-P-01520/2018-2019/12267.

30-06-2026

SSR Mining Inc. completed the sale of its 80% ownership stake in the Çöpler mine and related properties in Türkiye to Cengiz Holding A.Ş. for approximately $1.49 billion in cash. The transaction, which closed on June 24, 2026, results in the removal of Çöpler's financial results from continuing operations. Pro forma financial statements show that on a continuing operations basis, net income attributable to SSR Mining shareholders would have been $529.5 million for 2025 (up from $395.8 million as reported), $158.8 million for 2024 (versus a net loss of $261.3 million as reported), and $75.6 million for 2023 (versus a net loss of $98.0 million as reported). However, the pro forma adjustments also include a $3.1 million other expense and a $0.8 million tax benefit in 2025, and the removal of Çöpler's revenue contributions in 2024 and 2023.

• · The transaction closed on June 24, 2026, pursuant to a Share Purchase Agreement dated March 24, 2026.
• · Pro forma adjustments for 2025 include a $3.1 million other expense and a $0.8 million tax benefit.
• · Çöpler's results were reported as discontinued operations from Q1 2026.
• · Pro forma basic EPS for continuing operations: $2.61 (2025), $0.78 (2024), $0.37 (2023).
• · Pro forma diluted EPS for continuing operations: $2.46 (2025), $0.76 (2024), $0.37 (2023).

30-06-2026

Plum Acquisition Corp. IV (PLMK) postponed its extraordinary general meeting from July 2, 2026 to July 10, 2026 to allow more time for shareholder engagement regarding a proposed extension of its business combination deadline. The deadline for shareholder redemption requests was correspondingly extended to July 8, 2026. The extension amendment would push the initial combination deadline to January 16, 2027, with potential monthly extensions up to July 16, 2027.

• · The original meeting was scheduled for July 2, 2026; postponed to July 10, 2026 at 9:00 a.m. ET.
• · Redemption request deadline extended from June 30, 2026 to July 8, 2026 at 5:00 p.m. ET.
• · The meeting will be held at Greenberg Traurig, P.A., 777 S. Flagler Drive, Suite 300 East, West Palm Beach, FL 33401.
• · Shareholders must reserve in-person attendance by contacting the CFO at steven@plumpartners.com by July 8, 2026.
• · Transfer agent contact: 917-262-2373 or proxy@continentalstock.com; control numbers require up to 72 hours processing.
• · The extension amendment would change the business combination deadline to January 16, 2027, with up to 6 additional monthly extensions to July 16, 2027.

30-06-2026

Spring Valley Acquisition Corp. III (SVAC) filed an 8-K on June 30, 2026, furnishing an updated investor presentation for its proposed business combination with General Fusion Inc. The presentation supersedes the prior version from April 29, 2026. The merger is subject to shareholder approval and regulatory conditions, with a definitive proxy statement already mailed to shareholders as of June 15, 2026.

• · The updated investor presentation is furnished as Exhibit 99.1 and supersedes the version filed on April 29, 2026.
• · The SEC declared the Registration Statement effective on June 12, 2026, and SVAC filed the definitive Proxy Statement on the same day.
• · Mailing of the Proxy Statement to shareholders began on June 15, 2026, with a record date of June 12, 2026.
• · The business combination involves a PIPE Financing of convertible preferred shares and warrants, which may not be completed.
• · SVAC is an emerging growth company and has elected not to use the extended transition period for complying with new financial accounting standards.

30-06-2026

Mr. Jitesh Kothari and Mr. Atul Ramshankar Jaiswal have launched a mandatory open offer to acquire up to 27,74,970 equity shares (25.57% of expanded voting capital) of Arco Leasing Ltd at ₹10.00 per share, for a total consideration of ₹2,77,49,700. The offer is triggered by a substantial acquisition and change in control, and is not conditional on a minimum acceptance level. The subsidiary (an RBI-registered NBFC) has received RBI approvals for the change in control and management, but the in-principal stock exchange approval for a preferential issue is still awaited.

• · The offer is made under SEBI (SAST) Regulations 3(1) and 4 for substantial acquisition and change in control.
• · Offer opening date: Friday, July 03, 2026; Offer closing date: Thursday, July 16, 2026.
• · The subsidiary (an NBFC) received RBI approval for change in control (valid one year from June 19, 2026) and change in management (valid up to June 1, 2031).
• · Shareholders approved the preferential issue at an EGM on April 13, 2026; in-principal stock exchange approval is still awaited.
• · The offer is not conditional on a minimum acceptance level and is not a competing offer.
• · The offer price may be revised upward if the acquirers acquire shares at a higher price during the offer period.
• · Identified Date for determining public shareholders to receive the Letter of Offer: Thursday, June 18, 2026.

30-06-2026

Tokyo Plast International Limited's Board of Directors approved the incorporation of a wholly owned subsidiary, Pinnacle Retail Private Limited (or other name as approved by ROC), to focus on retail distribution of its stainless steel and plastic drinkware products. The subsidiary will have an authorized capital of ₹5,00,000 and an initial paid-up capital of ₹4,99,990, with Tokyo Plast subscribing 100% of the equity shares for cash. The transaction will be at arm's length, and the subsidiary will be a related party of the company.

• · The subsidiary will be incorporated in India and will carry out trading, retail, and distribution of the company's product lines.
• · The promoter/promoter group/group companies do not have any personal interest in the entity being incorporated, other than it being a related party.
• · No governmental or regulatory approvals are required for the acquisition.
• · The indicative time period for completion is not applicable as the entity is yet to be incorporated.

30-06-2026

Amber Enterprises India Limited has extended the timeline for the second tranche of acquisition of remaining equity stake in MoMagic Wireless Private Limited by its material subsidiary IL JIN Electronics (India) Private Limited to September 30, 2026. The extension reflects a delay in completing the transaction, though no financial details or reasons for the delay were disclosed.

• · The original timeline for the second tranche acquisition has been extended to 30th September 2026.
• · The extension may be further modified by mutual agreement between the parties.
• · The disclosure is made under Regulation 30 of SEBI LODR Regulations.
• · Previous disclosures were submitted on 14th February 2026 as Annexure A and B.

30-06-2026

Ansal Housing Limited disclosed a default on payment of principal amount of Rs. 72.96 Crore on a project funding loan from Suraksha Asset Reconstruction Private Limited, due on 31st May 2026. The total outstanding borrowings from banks/financial institutions stand at Rs. 200.99 Crore, and total financial indebtedness is Rs. 209.23 Crore. The company has not defaulted on interest payment (Nil).

• · The default relates to project funding with a total principal of Rs. 169.00 Crore, tenure ending 31st December 2026, interest rate 14% p.a., secured.
• · No interest default (Nil).
• · Disclosure made on 30th June 2026 for default dated 31st May 2026.

30-06-2026

Brainbees Solutions Limited (FirstCry) has further extended the timeline for its step-down subsidiary Swara Corp. (USA) to receive the initial capital subscription from Swara Baby Products Limited, now pushed to December 31, 2026, due to ongoing procedural delays. This marks the third extension of the original deadline, which was initially set for February 28, 2026.

• · The initial subscription was originally proposed to be completed on or before February 28, 2026.
• · The timeline was first extended to April 30, 2026, then to June 30, 2026, and now to December 31, 2026.
• · All extensions are attributed to procedural delays.
• · Swara Corp. was incorporated in Delaware, USA on December 8, 2025.

30-06-2026

Godawari Power and Ispat Limited (GPIL) has increased its stake in associate Jammu Pigments Limited (JPL) from 26,77,506 equity shares to 85,69,762 equity shares, representing 43.96% of JPL's paid-up share capital, through the conversion of 58,92,256 Compulsorily Convertible Preference Shares (CCPS) into equity shares on June 29, 2026. The conversion was done without any further cash infusion, as the CCPS were originally issued in FY 2024-25 at a cost of ₹175 Crore. JPL's financial performance improved in FY 2025-26 with turnover rising to ₹877.89 Crore and PAT to ₹33.26 Crore, though PAT had declined in the prior year.

• · JPL's net worth declined 4.2% in FY 2024-25 to ₹123.30 Crore from ₹128.66 Crore in FY 2023-24, before recovering 26.9% to ₹156.49 Crore in FY 2025-26.
• · The conversion was a non-cash transaction; no additional funds were infused into JPL.
• · JPL was incorporated on August 29, 2005, and has manufacturing units in Kathua (Jammu & Kashmir) and Kota (Rajasthan).

30-06-2026

Vodafone Idea Limited has acquired a 26% equity stake in MTK Quantum Green Energy Pvt. Ltd., a special purpose vehicle for a captive power plant, for a cash consideration of ₹4.33 crore. The acquisition is aimed at complying with regulatory requirements for captive power plants under the Electricity Act, 2003 and securing cost-effective renewable energy. The target company, incorporated in October 2025, has nil turnover and is in the process of setting up a solar power plant in Tamil Nadu.

• · The acquisition does not fall within the purview of related party transactions.
• · No governmental or regulatory approvals were required for the acquisition.
• · MTK Quantum Green Energy Pvt. Ltd. was incorporated on October 29, 2025, and has nil turnover.
• · The target company is in the process of setting up a captive solar power plant in Tamil Nadu.

30-06-2026

30-06-2026

Vikram Solar Limited announced that the Hon'ble National Company Law Appellate Tribunal (NCLAT) has set aside the NCLT order dated 12 June 2026 which had admitted an insolvency petition filed by Isitva Steels Private Limited under Section 9 of the IBC. The NCLAT set aside the admission because the claimed debt was less than ₹1 crore, which is below the minimum threshold under Section 4 of the IBC. Consequently, the ₹91,98,556 deposited by the appellant will be refunded.

• · The NCLAT order was passed on 29 June 2026.
• · The NCLAT set aside the NCLT order dated 12 June 2026 in C.P. (IB) No. 87/KB/2025.
• · Both parties agreed that the debt was less than ₹1 crore, leading to the setting aside of the admission order.
• · The refund of ₹91,98,556 will be made after due verification and in accordance with law.

30-06-2026

SEBI issued an adjudication order against Bhavin Sureshbhai Thakkar in the matter of Evexia Lifecare Limited on June 30, 2026. The order pertains to enforcement actions under SEBI regulations, though specific penalties or violations are not detailed in the filing.

• · The adjudication order was issued by SEBI's Adjudication Officer.
• · The order is part of SEBI's enforcement actions under the SEBI Act.

30-06-2026

Aksh Optifibre Limited's promoter has appealed the NCLT order that commenced Corporate Insolvency Resolution Process (CIRP). On June 30, 2026, the NCLAT directed that the Interim Resolution Professional (IRP) shall not take further steps under the NCLT order, while the company's operations continue under the IRP's supervision with the promoter's assistance. The promoter offered to deposit the principal amount of Rs. 2 Cr. plus interest totalling Rs. 3,33,14,075/-, and the next hearing is scheduled for August 6, 2026.

• · The CIRP was initiated as per the company's earlier disclosure dated June 20, 2026.
• · Publication has already been made by the IRP, but the Committee of Creditors (CoC) has not yet been constituted.
• · The company is described as a listed company, a running concern with a large number of employees.
• · Next hearing before NCLAT is scheduled for August 6, 2026.

30-06-2026

Mr. Sanjay Kumar Jain, Managing Director and Promoter Group member of T T Limited, acquired 34,251 equity shares in open market transactions between June 24 and June 29, 2026. This increased his total holding from 6,043,095 shares (2.3341% of total capital) to 6,077,346 shares (2.3473% of total capital), representing a marginal increase of 0.0132 percentage points. The acquisition is disclosed under SEBI (SAST) Regulations, 2011.

• · Acquisition was made in open market from June 24, 2026 to June 29, 2026.
• · Total equity share capital of T T Limited is 25,83,10,944 shares.
• · No shares were encumbered (pledged/lien) before or after the acquisition.
• · The acquirer is classified as Promoter Group.
• · Disclosure is made under Regulation 29(2) of SEBI (SAST) Regulations, 2011.

30-06-2026

30-06-2026

Harish Textile Engineers Limited has paid the entire outstanding interest due up to June 30, 2026 on its 7% Unlisted, Secured, Unrated, Redeemable Non-Convertible Debentures (Old Series III & IV), eliminating all interest liability. However, the redemption of ₹2,11,50,900 (₹2.1151 Crores) in principal remains in default due to ongoing financial constraints, with original defaults dating back to October 7, 2025 and December 20, 2025.

• · Interest due up to June 30, 2026 has been paid in full, leaving no outstanding interest as of that date.
• · Original defaults date back to October 7, 2025 (Series III) and December 20, 2025 (Series IV).
• · Total amount issued through debt securities was ₹4.232 Crores across four series; Series III and IV are partially or fully in default.
• · The company's total financial indebtedness stands at ₹30.25 Crores.
• · The company continues to engage with debenture holders via the Debenture Trustee but has not yet resolved the principal redemption.

30-06-2026

Expo Engineering and Projects Ltd. (EEAPL) has approved a Scheme of Merger by Absorption of its wholly owned subsidiary, Expo Project Engineering Services Private Limited (EP). The merger aims to consolidate operations, achieve economies of scale, and simplify regulatory compliance. The consideration involves issuing 22 equity shares of EEAPL (face value ₹4 each) to EP shareholders for every 1 share held in EP (face value ₹10 each). The scheme is subject to approvals from BSE, SEBI, NCLT, and other authorities.

• · The merger is between two related parties under common control; an arm's length transaction certified by an Independent Valuation and Fairness Opinion.
• · EP is unlisted, EEAPL is listed on BSE.
• · Post-merger, EEAPL will issue 22,00,000 new shares (₹4 each) to EP shareholders, increasing total shares from 2,27,96,400 to 2,49,96,400.
• · There are 31,45,715 warrants outstanding which, if converted, would bring total shares to 2,81,42,115.
• · The promoter shareholding in EEAPL is expected to rise from ~57% to ~60.74% post-scheme (pre-warrant conversion) or ~59.19% after warrant conversion.
• · The scheme is subject to approval from BSE, SEBI, NCLT, and other competent authorities.

30-06-2026

DCM Shriram Limited has extended the timeline for completing the acquisition of 100% equity in four industrial salt companies from June 2026 to December 31, 2026, due to pending conditions precedent including necessary approvals. The acquisition was originally announced on October 28, 2025.

• · Original acquisition announcement date: October 28, 2025
• · Original expected completion date: June 2026
• · New extended deadline: December 31, 2026
• · Reason for delay: pending conditions precedent and necessary approvals

30-06-2026

Samvardhana Motherson International Limited announced that the acquisition of 49% equity in Vacuform 2000 Proprietary Limited by its step-down subsidiary MSSL Global RSA Module Engineering Limited, initially expected to close by June 30, 2026, is now delayed to the second quarter of fiscal year 2026-2027. The delay is attributed to the need to complete all conditions precedent.

• · The acquisition was initially disclosed on April 27, 2026.
• · The original indicative completion date was June 30, 2026.
• · The revised expected completion is now the second quarter of FY 2026-2027.
• · The delay is due to pending satisfaction of all conditions precedent.

30-06-2026

Senco Gold Limited has announced a delay in the completion of its acquisition of August Jewellery Private Limited (AJPL), which owns the Melorra brand. The transaction, originally expected to close by June 30, 2026, is now anticipated to be completed by September 30, 2026, on the same terms and conditions. The company had previously disclosed the board's approval for this investment on January 21, 2026, and provided an update on April 30, 2026.

• · The acquisition was initially approved by the Board of Directors on January 21, 2026, with an expected completion date of June 30, 2026.
• · A prior update was provided on April 30, 2026.
• · The delay is attributed to the transaction-related process still being underway.
• · All other terms and conditions remain unchanged from the initial intimation.
• · The filing is made under Regulation 30 of the SEBI LODR Regulations.

30-06-2026

Rane (Madras) Limited (RML) has entered into a Business Transfer Agreement to acquire the friction business of Hindustan Composites Limited (HCL) on a slump sale basis for a lump-sum consideration of Rs.370 crore (cash-free, debt-free). The acquisition includes HCL’s friction business, which reported revenue of INR 315.04 crore and PBT of INR 40.29 crore in FY26, along with the brand COMPO, two manufacturing plants in Maharashtra, and a pan-India distribution network. The transaction is expected to create a combined friction materials business exceeding ₹1,000 crore in revenue, positioning RML as the market leader across all major segments, with completion targeted by September 30, 2026.

• · HCL friction business was incorporated on July 1, 1964 and has over six decades of experience.
• · The acquisition is not a related party transaction and not involving promoter/promoter group.
• · Transaction is expected to be completed by September 30, 2026 subject to closing conditions, including regulatory approvals.
• · RML also acquires the brand COMPO as part of the deal.
• · Combined entity will have expanded distribution network and enhanced R&D capabilities.
• · HCL overall turnover (including non-friction segments) for FY26 was INR 375.01 crore.

30-06-2026

Wealth First Portfolio Managers Limited approved the 100% acquisition of Wealth First Advisors Private Limited, a wealth management and distribution firm, in two phases. Phase I (51% stake) for ₹52.10 Crore (₹40 Crore cash + ₹12.10 Crore share swap) is expected by December 31, 2026, and Phase II (49% stake) by March 31, 2030, via share swap. The acquisition is a related party transaction as promoter Ashish Shah holds 10.62% in the target, but is at arm's length based on an independent valuation. The target's turnover grew 7.4% YoY to ₹17.91 Crore in FY26, while PAT stood at ₹6.04 Crore and net worth at ₹22.01 Crore.

• · The acquisition is a related party transaction as promoter Ashish Shah holds 10.62% in the target entity.
• · The target entity's turnover grew 37% YoY in FY25 (₹12.17 Cr to ₹16.68 Cr) but slowed to 7.4% growth in FY26 (₹16.68 Cr to ₹17.91 Cr).
• · Phase II consideration will be determined at a future date based on valuation metrics specified in the MOU.
• · The investment falls within limits under Section 186(2) of Companies Act and shareholder approval already obtained at 23rd AGM on September 5, 2025.

30-06-2026

Kiran Syntex Ltd. (Transferee) has approved a scheme of merger with Gujarat Kiran Polytex Ltd. (Transferor) to achieve business efficiency and economies of scale. The merger is not a related party transaction. Post-merger promoter shareholding will increase significantly to 73.3% from 46.7%, while public shareholding will drop to 26.7% from 53.3%, leading to a substantial change in ownership structure.

• · Transferor Company (Gujarat Kiran Polytex Ltd.) had revenue of ₹29,62,70,789 for FY2025-26, which is approximately double the transferee’s revenue of ₹14,89,45,240.
• · Transferor’s net worth (₹5,68,99,587) is about 2.95 times the transferee’s net worth (₹1,92,89,406).
• · Total issued shares will increase from 42,49,900 to 1,64,96,956 post-merger, a ~3.88x increase.
• · The exchange ratio is 14.857 shares of Kiran Syntex (transferee) for each share of Gujarat Kiran Polytex (transferor).

30-06-2026

Max Healthcare Institute Limited has completed the first tranche of its acquisition of Yerawada Properties Private Limited (YPPL), acquiring 100% of Class A equity shares representing 100% voting rights and ~50.22% economic interest, making YPPL a subsidiary. This step is part of a broader plan to set up a ~450-bed super speciality hospital in Pune, with the full acquisition contingent on grant of an occupancy certificate for the hospital.

• · The acquisition is structured in a step-up manner, with full ownership contingent on grant of occupancy certificate for the hospital.
• · YPPL owns the land on which the hospital will be constructed.
• · The first tranche was completed upon satisfaction of conditions precedent (CPs).
• · Credit confirmation of equity shares was received at 5:17 pm IST on June 30, 2026.

30-06-2026

Bandhan Bank has sold a Non-Performing Asset (NPA) portfolio from its Housing Finance segment, with a principal outstanding of ₹291.44 Crore, to Assets Care and Reconstruction Enterprise Limited (ACRE) for ₹119.49 Crore (41% of the portfolio) on an outright cash basis. The sale was concluded via a Swiss Challenge Method following board approval. This transaction helps the bank clean up its balance sheet by offloading stressed assets.

• · The NPA portfolio consists of loans with more than 180 Days Past Due (DPD).
• · The sale was executed through a Swiss Challenge Method bidding process.
• · The transaction was on an outright cash basis.
• · The board approved the sale on June 15, 2026.

30-06-2026

H.G. Infra Engineering Limited has executed a Share Purchase Agreement with REC Power Development and Consultancy Limited to acquire 100% equity shares of WR ER Part C Power Transmission Limited, a Special Purpose Vehicle (SPV) incorporated on November 6, 2025. The acquisition, completed on June 30, 2026, involves a cash consideration of ₹500,000 for 50,000 equity shares at face value of ₹10 each. The SPV has no turnover to date and is established to build an Inter-State Transmission System under the 'WR-ER Inter-Regional Network Expansion Scheme – Part C', aligning with H.G. Infra's strategic expansion in the power transmission sector.

• · The acquisition was preceded by announcements on May 27, 2026 and June 13, 2026.
• · The target entity, WR ER Part C Power Transmission Limited, was incorporated on November 06, 2025 and has nil turnover for the last three years.
• · The acquisition does not fall within related party transactions.
• · No governmental or regulatory approvals were required for the acquisition.
• · The consideration is in cash, not share swap.

30-06-2026

Ashika Global Securities Limited (formerly Ashika Credit Capital Ltd) completed the acquisition of 10,50,000 equity shares of Ashika Capital Limited (ACL) for a total consideration of ₹39.32 crore, increasing its stake from 19.8473% to 100%, making ACL a wholly-owned subsidiary. The transaction, which falls under related party transactions, was undertaken at arm's length and is part of AGSL's strategic investment in the finance and investment banking industry. While the acquisition solidifies AGSL's control, ACL's turnover declined from ₹21.41 crore in FY2024 to ₹14.97 crore in FY2025 before recovering to ₹21.86 crore in FY2026, indicating volatility in its performance.

• · The acquisition was done at an arm's length basis despite being a related party transaction.
• · ACL is a SEBI-registered Category I Merchant Banker (registration number INM000010536) that has advised on fundraising mandates of over USD 500 million.
• · No governmental or regulatory approvals were required for the acquisition.