Rudra Ecovation Amalgamation Update: NCLT Chandigarh Reserves Order for Shiva Texfabs Merger
Rudra Ecovation Limited has announced that the NCLT Chandigarh Bench has reserved its final order regarding the proposed Scheme of Amalgamation with Shiva Texfabs Limited. This procedural milestone follows the conclusion of hearings involving the company's shareholders and creditors.
Tube Investments Acquires 2.69 Percent Additional Stake in Shanthi Gears for ₹77.49 Crore
Tube Investments of India has increased its controlling interest in Shanthi Gears Limited through a ₹77.49 crore block deal acquisition. This strategic move strengthens the parent company's position in the precision engineering and gear manufacturing segment by raising its total stake to 73.16%.
Adani Power Promoter Group Increases Stake to 74.96 Percent via 1.77 Percent Acquisition
Promoter group entities of Adani Power Limited have significantly increased their aggregate shareholding from 73.19% to 74.96%. The transactions involved the net acquisition of over 34 crore equity shares through a combination of open market purchases and block deals executed between May and August 2026.
Bondada Engineering Secures CEA Approval for 300 MW Solar Project in Khavda
Bondada Engineering Limited has achieved a critical regulatory milestone with the receipt of energization approval from the Central Electricity Authority (CEA). This clearance pertains to a 300 MW grid-connected solar power project in Khavda, Gujarat, being executed for NLC India Renewables Limited.
Novelix Pharmaceuticals Promoters Acquire 3.37 Lakh Shares via Warrant Conversion
Promoters of Novelix Pharmaceuticals have increased their equity stake by acquiring 3,37,500 shares through the conversion of warrants. The transaction, valued at ₹6.75 crore, was conducted on a preferential allotment basis across four promoter entities.
Bayer AG Increases Direct Stake in Bayer CropScience to 20.34% via Block Deal
Bayer AG, a primary promoter of Bayer CropScience Limited, has increased its direct equity stake in the company to 20.34%. This was achieved through the acquisition of 53,54,030 shares from another group promoter via an inter-se block deal mechanism.
Bayer AG to Acquire 11.91% Stake in Bayer CropScience via ₹2,374 Crore Block Deal
Bayer AG has entered an agreement to acquire an 11.91% stake in Bayer CropScience Ltd from fellow promoter Bayer CropScience AG. The transaction, valued at approximately ₹2,374 crore, will be executed via a block deal mechanism on or after July 8, 2026.
Anar Jayeshbhai Patel Acquires 10.35% Stake in Craftroot Retail Ltd via Open Offer
Anar Jayeshbhai Patel has completed the acquisition of a 10.35% stake in Craftroot Retail Limited, acquiring 3,46,870 equity shares. The transaction, executed through a Share Purchase Agreement and a subsequent Open Offer, marks the acquirer's formal entry into the company's promoter group.
Shuchi Arora Consolidates 39.73% Stake in Jullundur Motor Agency via Share Transmission
Promoter Shuchi Arora has acquired a 31.55% equity stake in Jullundur Motor Agency (Delhi) Limited through the transmission of shares from Late Santosh Sondhi. This transfer consolidates her individual holding to 39.73%, maintaining the promoter group's overall stability while transitioning leadership to the next generation.