M&A & restructuring

Deal activity from the primary source: acquisitions of listed companies, open offers triggered, and demerger ratios announced inside the window. Deals that fell through show up in the mirror view — both halves of the story.

In the same window: 23 companies with deals cancelled. See the other side →
CompanyWhy it’s here — the filingReaction 1d / 1w / 1mPriceMcapP/EROCERev YoY
Lemon Tree HotelsHotels & ResortsTransfer of Equity Shares of Material Subsidiary Company pursuant to Share Purchase Agreement (SPA) dated January 9, 202622 May 2026Listed Co Acquisition×2+3.7% -1.7% +5.4%₹1088,574 Cr27.8vs 22.99.2%+36.0%
Gocl CorporationExplosivesReceipt of Observation Letter with ''No Objection'' from National Stock Exchange of India Limited in relation to the Scheme of Merger.22 May 2026Listed Co Acquisition+14.9% +27.4% +24.3%₹4011,988 Cr3.5vs 38.610.7%+5.1%
Manomay Tex IndiaOther Textile ProductsIntimation of Acquisition under Regulation 30 of SEBI (LODR), Regulations 201522 May 2026Listed Co Acquisition-2.6% -6.4% +1.1%₹217392 Cr19.8vs 15.37.6%+22.8%
LTMComputers - Software & ConsultingLTM Limited has informed the Exchange about Schedule of meet22 May 2026Listed Co Acquisition×2-3.2% -2.0% -7.3%₹4,4881.33 L Cr28.1vs 19.524.8%+8.6%
Cubical Financial ServicesNon Banking Financial Company (NBFC)Corporate Makers Capital Limited ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement under Regulation 3 read with Regulation 4, 14(3) and 15(2) of the SEBI ....22 May 2026Open Offer TriggeredListed Co Acquisition×3+9.9% -4.1% +5.3%₹5.9139 Cr147.8vs 17.5-19.4%
Adani PowerIntegrated Power UtilitiesAdani Power Limited has informed the Exchange about completion of acquisition of certain power related assets and investments of Jaiprakash Associates Limited.21 May 2026Listed Co Acquisition×7+6.5% +5.9% +6.1%₹2063.96 L Cr30.5vs 30.512.7%+5.7%
Adani Port & SezPort & Port servicesAdani Ports and Special Economic Zone Limited has informed the Exchange regarding 'Completion of Acquisition of Jaypee Fertilizers & Industries Limited.'.21 May 2026Listed Co Acquisition×5+0.8% +0.6% +2.1%₹1,7003.92 L Cr29.8vs 14.68.6%+17.1%
IDream Film Infrastructure ComComputers - Software & ConsultingPursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that, the Board of Directors of the Company in their meeting ....21 May 2026Listed Co Acquisition×2pending₹65910 Cr1.9vs 19.53.7%
Hindustan FoodsDiversified FMCGAllotment of 4,81,39,085 Equity Shares pursuant to Scheme of Arrangement, please refer to the attached PDF file.21 May 2026Demerger Ratio Announced×3+1.2% +1.5% +4.3%₹6437,684 Cr49.8vs 16.49.8%+7.5%
Man Industries (I)Iron & Steel ProductsMan Industries (India) Limited has informed the Exchange regarding a press release dated May 21, 2026, titled "Press Release / Media Release for acquisition by Man International Steel Industries Company ( MISIC ), a wholly owned subsidiary of the Company.".21 May 2026Listed Co Acquisition×6-1.2% -12.2% +6.2%₹7185,384 Cr24.5vs 16.99.8%+38.8%
Vikran EngineeringCivil ConstructionWe hereby inform that the Company has executed a Share Purchase Agreement ( SPA ) for acquisition of 51% equity stake in NOPL Solar Projects Private Limited ( Target Entity ). Pursuant to the said acquisition and together with the earlier acquisition of 49% equity stake, the Company has acquired 100% stake in the Target Entity.21 May 2026Listed Co Acquisition×5-0.6% +9.5% +12.1%₹63.11,627 Cr14.5vs 15.49.4%
Lenskart SolutionsSpeciality RetailLenskart Solutions Limited has informed the Exchange about the Acquisition20 May 2026Listed Co Acquisition×2+6.0% +7.6% +6.8%₹6621.15 L Cr170.7vs 22.45.8%+20.0%
P H CapitalInvestment CompanyPlease find enclosed Pre- Offer Advertisement and corrigendum to the Detailed Public Statement and Letter of Offer as received from Choice Capital Advisors Private Limited18 May 2026Open Offer TriggeredListed Co Acquisition×3-2.0% +5.7% +26.3%₹1,040312 Cr29.0vs 24.98.0%-33.7%
Man InfraResidential Commercial ProjectsMan Infraconstruction Limited has informed the Exchange regarding a press release dated May 18, 2026, titled MICL GROUP ACQUIRES ULTRA-LUXURY SEA-VIEW RESIDENTIAL DEVELOPMENT OFF BANDSTAND, BANDRA WEST, MUMBAI WITH ₹ 1,000 + CR GDV"".18 May 2026Listed Co Acquisition×2+2.0% -1.5% -10.3%₹1094,380 Cr24.4vs 22.311.4%-2.2%
Iifl Capital ServicesStockbroking & AlliedICICI Securities Ltd ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer for the attention of the Public Shareholders of IIFL Capital Services Ltd ("Target Company").18 May 2026Listed Co AcquisitionOpen Offer Triggered×7+0.0% -0.6% +1.2%₹33510,433 Cr17.2vs 15.8+12.6%
Captain TechnocastIndustrial Productsapproval of Financial results, took note of compliances, sale of Shares of Vartis Engineering Private Limited, Material Subsidiary of the company, appointment of scrutinizer, approve postal ....16 May 2026Listed Co Acquisition+20.0% +34.7% ₹289671 Cr22.7vs 23.823.8%+94.3%
VedantaDiversified MetalsPlease refer the enclosed file.16 May 2026Demerger Ratio Announced×2+2.3% +7.6% -7.3%₹2791.09 L Cr4.48.6%-38.3%
Tata MotorsCommercial VehiclesPursuant to Regulation 30 of SEBI LODR Regulations, 2015, please find enclosed herewith an intimation regarding acquisition in Freight Commerce Solutions Private Limited15 May 2026Listed Co Acquisition×2+0.1% +2.0% +7.5%₹4711.73 L Cr74.320.7%+40.4%
SymphonyHousehold AppliancesOutcome of Board Meeting - Australia Balance Sheet Reset, IP Consolidation, Acquisition of Bonaire USA LLC, and No Further Capital Allocation in Australian Subsidiaries15 May 2026Listed Co Acquisition-7.4% -10.1% -13.4%₹6124,284 Cr-10.3%+107.4%
Kwality Wall's (india) LDairy ProductsKotak Mahindra  Capital Company Ltd  has submitted  the Exchange a copy of POST OFFER ADVERTISEMENT UNDER REGULATION 18(12) OF THE SECURITIESAND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES ANDTAKEOVERS) REGULATIONS, 2011, AS AMENDED ( SEBI (SAST) REGULATIONS ) FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF the company15 May 2026Open Offer Triggered×10+0.4% -0.5% +38.3%₹48.511,398 Cr-37.5%
Sammaan CapitalHousing Finance CompanyWith the completion of International Holding Company PJSC (IHC) investment and Open Offer, Sammaan Capital has formally entered a new era. Sammaan Capital is now an IHC Group Company, ....15 May 2026Listed Co AcquisitionOpen Offer Triggered×15-2.5% +17.9% +26.4%₹15017,191 Cr-39.7%
Pearl Global IndGarments & ApparelsPlease find attached intimation regarding acquisition of additional stake in Subsidiary of the Company14 May 2026Listed Co Acquisition×2+3.5% +6.1% +9.2%₹2,36210,901 Cr39.9vs 17.216.8%+0.1%
GSP Crop SciencePesticides & AgrochemicalsGSP Crop Science Limited has informed the Exchange regarding Outcome of Board Meeting held on May 14, 2026.14 May 2026Listed Co Acquisition-3.2% +2.5% +3.6%₹5922,755 Cr79.8vs 25.015.6%
Indo-nationalHousehold ProductsIndo-National Limited has informed the Exchange about Acquisition13 May 2026Listed Co Acquisition×3-2.0% -5.7% -8.4%₹326245 Cr-7.8%-55.2%
Yatharth Hosp & Tra C S LHospitalWe hereby submit Press Release on Hospital Asset Acquisition in Sector 40 Gurugram.13 May 2026Listed Co Acquisition×4+0.9% +4.8% +1.7%₹8558,241 Cr45.9vs 44.910.7%+22.2%
Black BoxIT Enabled ServicesPlease find enclosed herewith intimation regarding completion of acquisition13 May 2026Listed Co Acquisition+3.7% +15.0% +19.8%₹77113,685 Cr57.5vs 19.69.5%+6.7%
KalpataruResidential Commercial ProjectsKalpataru Limited has informed the Exchange about Scheme of Arrangement12 May 2026Demerger Ratio Announced-10.3% -12.1% -16.6%₹2845,855 Cr19.9vs 22.31.4%+113.4%
Krystal Integrated Ser LDiversified Commercial ServicesIntimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201512 May 2026Listed Co Acquisition×4-3.0% -6.9% -7.5%₹657918 Cr13.2vs 15.114.5%+28.8%
Krishna Def And Ald Ind LAerospace & DefenseKrishna Defence And Allied Industries Limited has informed the Exchange about Agreements12 May 2026Listed Co Acquisition-4.0% -5.5% +4.4%₹1,0261,532 Cr29.4vs 60.326.1%-46.2%
Ppap AutomotiveAuto Components & EquipmentsBoard has approved on May 11, 2026: i. Merger of Avinya Batteries with PPAP Automotive Limited ii. Slump Sale of Tooling business to Meraki Precision Tool Engineering Limited11 May 2026Listed Co Acquisition-11.4% -13.1% +1.7%₹273385 Cr4.2vs 26.912.6%+27.5%
Tata CommunicationsTelecom - Cellular & Fixed line servicesSigning of Share Purchase Agreement with Clean Max Enviro Energy Solutions Limited9 May 2026Listed Co Acquisition-2.7% +11.9% +23.2%₹1,65347,111 Cr37.5vs 23.110.0%+7.5%
Oberoi RealtyResidential Commercial ProjectsOberoi Realty Limited has informed the Exchange about Acquisition of Hotel Horizon Private Limited Private Limited under the Insolvency and Bankruptcy Code, 2016 - Update7 May 2026Listed Co Acquisition×2-2.3% -2.8% -4.5%₹1,88668,575 Cr25.9vs 22.315.5%-36.8%
ArvindGarments & ApparelsUpdate on Acquisition by AAML7 May 2026Listed Co Acquisition×2-1.1% +8.8% +10.2%₹53614,042 Cr27.3vs 17.211.9%+7.7%
EmamiPersonal CareIn furtherance to our intimation dated 7th May, 2026, we would like to inform you that the Company has executed a SSPA for acquiring stake in IncNut Digital Private Limited.7 May 2026Listed Co Acquisition×7-1.9% -4.1% -15.0%₹40317,569 Cr19.0vs 37.928.4%+15.8%
Clean Max Enviro EN Sol LPower GenerationIntimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time7 May 2026Listed Co Acquisition+0.8% +1.7% +1.6%₹1,27214,893 Cr118.8vs 22.30.7%
Deepak Fertilizers & PetrCommodity ChemicalsIntimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.6 May 2026Listed Co Acquisition×4+3.9% -1.1% +12.4%₹1,44818,280 Cr32.5vs 17.58.4%+0.2%
R SYS InternationalIT Enabled ServicesThe Board of Directors of R Systems International Limited ( Company ) at its meeting held on May 6, 2026, commenced at 7:15 P.M. (IST) and concluded at 08:20 P.M. (IST) has, inter-alia, approved allotment of 5,160,833 optionally convertible redeemable preference Shares ( OCRPS ) of facevalue of INR 1/- each in terms of the composite scheme of amalgamation of Velotio Technologies Private Limited and Scaleworx Technologies Private Limited with the Company approved by the Hon ble National Company Law Tribunal, New Delhi, vide its Order dated April 16, 20266 May 2026Listed Co Acquisition×4+6.7% -4.3% -15.9%₹2402,842 Cr16.4vs 19.6+15.3%
HRS AluglazeIndustrial ProductsPlease find attached Strategic Transaction Presentation6 May 2026Listed Co Acquisition-1.1% +6.2% +11.8%₹250482 Cr75.1vs 23.813.6%
Sunita ToolsIndustrial ProductsIntimation Under Regulation 30 SEBI (LODR) Regulations, 2015 - Acquisition by Wholly Owned Subsidiary "Sunita Defence Inc" USA6 May 2026Listed Co Acquisition×2-5.2% -12.4% -21.2%₹930568 Cr122.8vs 23.89.7%
Kpit TechnologiesComputers - Software & ConsultingPlease find enclosed announcement regarding Acquisition of strategic stake in Cymotive Technologies LTD ("Cymotive"), a leading automotive cybersecurity specialist headquartered in Israel.6 May 2026Listed Co Acquisition×2-6.4% -9.2% -2.8%₹58916,042 Cr26.8vs 19.520.5%+7.8%
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How this list is built

A company appears when an NSE/BSE filing inside the last 180 days carries one of these classifier signals (minimum importance: Medium): Listed Co Acquisition, Open Offer Triggered, Demerger Ratio Announced. Each row shows the latest qualifying filing; the reaction columns are the stock’s measured move 1 day, 1 week and 1 month after that filing.

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