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
HFCLTelecom - InfrastructureHFCL Limited has informed the Exchange about the following acquisitions:1. Investment in HFCL Advance Systems Private Limited ( HASPL ), presently a non-material wholly owned subsidiary of HFCL, by way of subscription to equity shares of HASPL, for consideration of ₹89.25 Crore (Indian Rupees Eighty-Nine Crore and Twenty Five Lakh only), in two tranches, pursuant to a share subscription agreement, executed by and amongst HFCL, Mr. Anant Nahata, HASPL, Mr. Sushant Mohan Gupta, Mrs. Shubhra Gupta, BAS Engineering Private Limited and ITI Holdings and Investment Private Limited ( SSA ), subject to completion of conditions precedent set out under the SSA. by the Company.2. Additionally, in furtherance of the disclosure dated March 25, 2026 made by HFCL, the board of directors of HASPL at its meeting held today i.e. June 03, 2026 has, inter alia, considered and approved the acquisition of 100% (one hundred percent) of the paid-up share capital of HFCL Defence Systems Private Limited ( HDSPL ) (formerly known as Spiral EHL Engineering Private Limited) from Defsys Solutions Private Limited ( Defsys ) for a cash consideration of ₹25 Crore (Indian Rupees Twenty-Five Crore only), pursuant to a share purchase agreement executed by and amongst HASPL, Defsys, HDSPL, DMG Finance and Investments Private Limited (holding company of Defsys) ( DMG ), Mr. Dev Mohan Gupta (promoter of DMG), and Mr. Sushant Mohan Gupta (nominee shareholder of HDSPL) ( HDSPL SPA ), subject to completion of the conditions precedent set out under the HDSPL SPA.3 Jun 2026Listed Co Acquisition×2-6.1% -9.5% +12.9%₹22834,845 Cr60.6vs 12.67.8%+74.8%
Gujarat FluorochemSpecialty ChemicalsGujarat Fluorochemicals Limited has informed the Exchange about Acquisition3 Jun 2026Listed Co Acquisition-2.0% +0.8% +7.6%₹4,61450,754 Cr120.1vs 30.08.7%+13.1%
Mankind PharmaPharmaceuticalsMankind Pharma Limited has informed the Exchange about Acquisition2 Jun 2026Listed Co Acquisition+2.5% +3.7% +10.3%₹2,38498,412 Cr52.3vs 28.510.8%-6.9%
Dalmia BharatCement & Cement ProductsUpdate on Capacity Addition29 May 2026Listed Co Acquisition×8+0.6% -6.1% -1.8%₹1,88035,720 Cr40.6vs 23.25.2%+24.2%
Hexaware TechnologiesComputers - Software & ConsultingPlease Find Enclosed28 May 2026Listed Co Acquisition×4+1.9% +3.7% +3.2%₹53332,429 Cr25.2vs 19.5+3.7%
Carborundum UniversalAbrasives & BearingsEnclosed intimation pertaining to completion of acquisition of 29.58% equity stake in Putrim Renewables Private Limited.27 May 2026Listed Co Acquisition-0.8% -0.3% +14.8%₹1,16722,231 Cr188.8vs 95.25.9%+7.7%
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%
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%
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%
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%
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%
InfosysComputers - Software & ConsultingEnclosed5 May 2026Listed Co Acquisition×3+0.2% -6.3% +2.7%₹1,1214.54 L Cr15.1vs 19.538.6%+4.3%
Premier EnergiesOther Electrical EquipmentPremier Energies Limited has informed the Exchange about Acquisition4 May 2026Listed Co Acquisition×3-0.8% -5.5% +4.3%₹1,05347,700 Cr27.9vs 25.225.7%+21.4%
Dabur IndiaPersonal CareDabur India Limited has informed the Exchange about Proceeding of the Meeting of Equity Shareholders and Unsecured Creditors of Dabur India Limited held on Saturday, May 02, 2026 in relation to the Scheme of Amalgamation between Sesa Care Private Limited and Dabur India Limited and their respective shareholders and creditor2 May 2026Listed Co Acquisition×3+4.3% +4.5% -3.9%₹40171,037 Cr38.2vs 37.919.8%-4.8%
Iifl FinanceNon Banking Financial Company (NBFC)IIFL Finance Limited has informed the Exchanges about Acquisition of Xtracap Fintech India Private Limited by IIFL Fintech Private Limited, wholly-owned subsidiary of Company.1 May 2026Listed Co Acquisition-4.5% +0.4% +14.4%₹68329,044 Cr15.3vs 17.5+11.7%
CoforgeComputers - Software & ConsultingCoforge Limited has informed the Exchange about Pronouncement of order approving Scheme of Amalgamation under sections 230 to 232 of the Companies Act, 2013 by the Hon ble National Company Law Tribunal, Chandigarh Bench ( NCLT )1 May 2026Listed Co Acquisition×3-2.4% +8.2% +19.6%₹1,89263,561 Cr36.8vs 19.517.2%+11.7%
Bajaj Holdings & InvsHolding CompanyBajaj Holdings acquires 0.13% stake in Bajaj Finserv for ₹370.53 Cr via block deal27 Apr 2026Listed Co Acquisition-0.2% +3.1% +0.7%₹11,3201.26 L Cr13.7vs 12.8-84.8%
Kalpataru Project IntCivil ConstructionKalpataru Projects International Limited has informed the Exchange about update on Acquisition27 Apr 2026Listed Co Acquisition×2-0.1% +1.5% +2.5%₹1,40724,032 Cr20.5vs 15.415.0%+19.1%
Global HealthHospitalGlobal Health Limited has informed the Exchange regarding a press release dated April 27, 2026, titled Medanta Expands Indore Presence with Takeover of 80 Bed Cancer Hospital".27 Apr 2026Listed Co Acquisition+3.0% +10.4% +10.2%₹1,41437,990 Cr77.1vs 44.913.5%+5.4%
Force MotorsPassenger Cars & Utility VehiclesFORCE MOTORS LTD has informed the Exchange about Update on Acquisition- Completion of Acquisition.23 Apr 2026Listed Co Acquisition-3.5% -2.5% -3.0%₹17,77023,421 Cr17.1vs 25.533.7%+22.5%
Manappuram FinanceNon Banking Financial Company (NBFC)Kotak Mahindra Capital Company ltd has informed the Exchange that in relation to the Open Offer Nil Equity Shares, have been tendered in the Open Offer Escrow Demat Account namely "MIIPL MANAPPURAM FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT" opened with Ventura Securities Ltd bearing depository participant identification number IN303116 and the client identification number 15544837 , as per Open Offer Escrow Demat Account statement received by the Manager to the Open Offer from Ventura Securities Ltd, as at 17:07:12 on April 20, 2026.22 Apr 2026Listed Co AcquisitionOpen Offer Triggered×10+3.2% +8.6% +14.7%₹35833,582 Cr20.1vs 17.5+14.5%
The Indian Hotels CO.Hotels & ResortsThe Indian Hotels Company Limited has informed the Exchange about Acquisition21 Apr 2026Listed Co Acquisition-4.3% -3.1% -2.1%₹7301.04 L Cr34.6vs 22.916.2%+35.5%
MphasisComputers - Software & ConsultingMphasiS Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Acquisition'.21 Apr 2026Listed Co Acquisition-5.5% -5.8% -7.7%₹2,43046,371 Cr24.3vs 19.521.3%+8.7%
360 One WamStockbroking & Allied360 ONE WAM LIMITED has informed the Exchange that 360 ONE Alternates Asset Management Limited ("Acquirer"), a wholly owned subsidiary of the Company at its meeting held today has approved acquisition of entire fully paid up equity share capital of Quark Solar Private Limited20 Apr 2026Listed Co Acquisition-4.5% -5.9% +0.7%₹1,19948,691 Cr38.6vs 15.8+0.1%
Larsen & ToubroCivil ConstructionLarsen & Toubro Limited has informed the Exchange about Completion of Acquisition of stake in International Green Scapes Limited by L&T Realty Properties Limited (L&T RPL), Wholly Owned subsidiary14 Apr 2026Listed Co Acquisition+4.1% +1.5% -1.2%₹4,0935.63 L Cr33.0vs 15.411.9%+21.7%
Jindal StainlessIron & SteelJindal Stainless Limited has informed the Exchange about Acquisition3 Apr 2026Listed Co Acquisition+1.0% +10.3% +7.1%₹70157,759 Cr17.3vs 16.615.8%+4.1%
MaricoEdible OilPlease find attached intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.2 Apr 2026Listed Co Acquisition-0.7% -2.1% +7.6%₹8491.10 L Cr65.4vs 18.938.1%-4.3%
CupidPersonal CareCupid Limited has informed the Exchange about acquisition of warrants convertible in to equity shares of Baazar Style Retail Limited.2 Apr 2026Listed Co Acquisition-1.4% +9.0% +44.8%₹28438,187 Cr78.7vs 37.930.3%+42.1%
Hero Motocorp2/3 WheelersWe write with reference to our earlier intimation dated February 5, 2026, wherein we had informed about the decision of the Board of Directors to make an additional investment of Rs. 275 crore (in one or more tranches, through a combination of primary infusion and / or secondary purchase) in Euler Motors, an associate company of Hero MotoCorp Limited ( the Company ). In this regard, we wish to inform you that the Company has completed the acquisition of 2,68,219 Series E Cumulative Compulsorily Convertible Preference Shares in Euler Motors, for an aggregate consideration of Rs. 210 crore. Post this acquisition, the Company holds 36.67% shares (on a fully diluted basis).1 Apr 2026Listed Co Acquisition-0.6% +2.8% -1.1%₹5,7351.15 L Cr21.0vs 37.429.9%+6.2%
Hatsun Agro ProductDairy ProductsHatsun Agro Product Limited has informed the Exchange about Update on Scheme of Amalgamation amongst Milk Mantra Dairy Private Limited with Hatsun Agro Product Limited by the order of Hon'ble National Company Law Tribunal, Cuttack Bench31 Mar 2026Listed Co Acquisition×2-1.5% -0.3% +3.5%₹98421,924 Cr52.8vs 19.0-8.8%
Mazagon Dock ShipbuilShip Building & Allied ServicesMazagon Dock Shipbuilders Limited has informed the Exchange regarding 'conclusion of further acquisition of 3,66,49,271 fully paid ordinary shares in Colombo Dockyard PLC (CDPLC), resulting in total acquisition of 51% stake as on date'.27 Mar 2026Listed Co AcquisitionOpen Offer Triggered+7.5% +14.3% +26.7%₹2,5521.03 L Cr32.327.9%+31.4%
Info Edge (I)Internet & Catalogue RetailInfo Edge (India) Limited has informed the Exchange about Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201527 Mar 2026Listed Co Acquisition-3.3% +0.6% +0.5%₹1,35087,451 Cr52.2vs 15.44.7%+7.9%
JK CementCement & Cement ProductsJK Cement Limited has informed the Exchange regarding Outcome of Board Meeting held on March 27, 2026.27 Mar 2026Listed Co Acquisition-3.8% +5.6% +6.6%₹5,25040,567 Cr40.0vs 23.210.3%+28.8%
Bajaj FinservHolding CompanyBajaj Finserv Limited has informed the Exchange about completion of acquisition of entire 26% equity stake held by Allianz SE in Insurance subsidiaries.12 Mar 2026Listed Co Acquisitionpending₹2,0333.25 L Cr34.0vs 12.8+2.9%
The Phoenix MillsResidential Commercial ProjectsThe Phoenix Mills Limited has informed the Exchange about Acquisition11 Mar 2026Listed Co Acquisitionpending₹1,93069,023 Cr54.8vs 22.39.9%+10.6%
Central Bank OF IndiaPublic Sector BankCentral Bank of India has informed the Exchange about Approval of CCI for acquisition of additional equity stake in Generali Central Insurance Company Limited (GCICL) and Generali Central Life Insurance Company Limited (GCLICL).4 Mar 2026Listed Co Acquisitionpending₹31.3228,349 Cr14.1vs 15.1
Aadhar Housing Finance LHousing Finance CompanyAadhar Housing Finance Limited has informed the Exchange about Change in Control of the Company.26 Feb 2026Listed Co AcquisitionOpen Offer Triggeredpending₹46220,108 Cr17.6vs 13.9+9.8%
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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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