Stock Market News: Economy, Policy & Company Updates

EquityTimer summarises official corporate filings and market announcements into short, factual updates you can read in seconds. Every card is drawn directly from primary sources — BSE corporate announcements in India and SEC filings in the US — covering results, dividends, mergers, management changes and regulatory actions. Summaries are checked against the original document before publication, and each card links back to the filing so you can read it in full.

Latest
26 Oct, 9:30 pm1 item
M&AUS · market hours

NCLT approves Samvardhana Motherson International’s scheme to amalgamate its subsidiaries

The National Company Law Tribunal, Mumbai Bench, issued an order on October 26, 2026 approving the scheme of arrangement involving Samvardhana Motherson International Limited and its wholly‑owned subsidiaries—Samvardhana Motherson Innovative Solutions Ltd., Samvardhana Motherson Auto System Pvt. Ltd., and Motherson Machinery and Automations Ltd. The approval was disclosed in a Regulation 30 filing to BSE and NSE.

MOTHERSON
26 Oct, 7:33 pm · Source
26 Oct, 7:30 pm1 item
M&AUS · pre-market

KPI Green Energy reports incorporation of two wholly‑owned step‑down subsidiaries

KPI Green Energy Limited disclosed that its subsidiary Sun Drops Energia Limited incorporated two wholly‑owned private companies, KPGC Four Private Limited and KPGC Five Private Limited, on October 26, 2026. Each entity has authorized and subscribed capital of Rs 1,00,000 (10,000 shares of ₹10 each), 100% owned by SDEL, with nil turnover as they have not commenced operations.

KPIGREEN
26 Oct, 6:58 pm · Source
26 Oct, 5:30 pm1 item
M&A

Indegene Limited adds 100% owned Portuguese subsidiary Indegene Portugal

Indegene Limited disclosed that its wholly owned subsidiary Indegene Ireland Limited incorporated Indegene Portugal, Unipessoal LDA on 23 October 2026, with Indegene Ireland holding 100% of its share capital. The new Portuguese entity has no turnover and has not begun operations. The incorporation was confirmed to the company on 26 October 2026. The move aims to establish a presence in Portugal.

INDGN
26 Oct, 4:34 pm · Source
26 Oct, 3:30 pm1 item
M&AIndia · market hours

Gravita India incorporated wholly‑owned US subsidiary Gravita Recyclers USA Inc.

Gravita India Limited disclosed that it incorporated Gravita Recyclers USA Inc., a wholly‑owned subsidiary in the United States, on 16 October 2026. The subsidiary has an initial capital of USD 50,000, 100% shareholding by Gravita India, and will engage in trading scrap and scrap materials. No turnover was reported and no governmental or regulatory approvals were required; the receipt of approval was recorded on 26 October 2026.

GRAVITA
26 Oct, 2:36 pm · Source
25 Oct, 5:30 pm1 item
M&A

Senco Gold Limited acquires 68% of August Jewellery Private Limited for INR 68 crore

Senco Gold disclosed that it signed definitive agreements on 25 Oct 2026 to purchase a 68% stake in August Jewellery Private Limited (“AJPL”) for an aggregate consideration of INR 68 crore, payable in multiple tranches. AJPL, which reported a turnover of Rs 9792.91 lakhs for FY 2026, will become a subsidiary of Senco Gold, with completion expected by February 2027, subject to conditions precedent.

SENCO
25 Oct, 4:48 pm · Source
23 Oct, 11:30 pm2 items
M&A

NCLT sanctions amalgamation of News18 Marathi Private Limited with Network18 Media

The National Company Law Tribunal, Mumbai Bench, issued an order on 22 October 2026 approving the scheme to amalgamate News18 Marathi Private Limited, a wholly‑owned subsidiary, into Network18 Media & Investments Limited. The amalgamation will become effective once all conditions precedent outlined in the scheme are satisfied, as disclosed in the company’s update filed on 23 October 2026.

NETWORK18
23 Oct, 9:57 pm · Source
M&A

DOMS Industries forms wholly‑owned subsidiary DOMS Seven Private Limited

DOMS Industries Limited disclosed that it incorporated a wholly owned subsidiary, DOMS Seven Private Limited, in India on October 22, 2026. The company invested a cash consideration of ₹1,00,000 by subscribing to 10,000 equity shares of ₹10 each, resulting in a 100% shareholding. The new entity will operate in the back‑to‑school premium bags and backpacks segment.

DOMS
23 Oct, 9:37 pm · Source
23 Oct, 3:30 pm1 item
M&A

Info Edge subsidiary to invest Rs 5 crore in Bijnis with possible follow‑on share purchase

Info Edge (India) Limited disclosed that its subsidiary Startup Investments (Holding) Ltd. agreed to a primary investment of about Rs 5 crore in Bizcrum Infotech Private Limited (Bijnis). Bijnis, a B2B marketplace and quick‑commerce platform, posted a turnover of Rs 113.89 crore, PAT of Rs 44.04 crore and net‑worth of Rs 7.84 crore as of March 31 2026. SIHL may also acquire additional shares from an existing investor within 90 days of the primary investment.

NAUKRI
23 Oct, 3:07 pm · Source
22 Oct, 9:30 pm1 item
M&A

HFCL Limited incorporated wholly‑owned subsidiary HFCL Connectivity Systems Ltd

HFCL Limited disclosed that on October 22, 2026 it incorporated HFCL Connectivity Systems Limited as a wholly‑owned subsidiary. The new entity has authorized share capital of ₹1 lakh and the parent subscribed to 100,000 equity shares at ₹1 each, paying cash of ₹1 lakh for 100% ownership. Business operations in India have not yet commenced.

HFCL
22 Oct, 8:49 pm · Source
22 Oct, 5:30 pm1 item
M&A

Jindal Stainless Board approves amalgamation scheme with subsidiaries, sets April 1 2027 as effective date

On October 22 2026, Jindal Stainless Limited’s board approved the unaudited standalone and consolidated financial results for the quarter and half‑year ended September 30 2026 and a draft scheme of amalgamation involving its wholly owned subsidiaries—Chromeni Steels, Rabirun Vinimay, JSL Super Steel and Jindal United Steel. The scheme, subject to shareholder, creditor and regulatory approvals, designates April 1 2027 as the appointed date.

JSL
22 Oct, 3:31 pm · Source
22 Oct, 3:30 pm1 item
M&A

Shakti Pumps invests Rs 12 crore in subsidiary Shakti EV Mobility, raising total stake to Rs 92 crore

Shakti Pumps (India) Limited disclosed that it invested Rs 12,00,00,000 (Twelve Crores) in its wholly‑owned subsidiary Shakti EV Mobility Private Limited by subscribing to 1,20,00,000 equity shares of Rs 10 each. The investment brings the consolidated stake in the subsidiary to Rs 92,00,00,000 (Ninety‑Two Crores). The transaction was completed on the same day and was made on an arm‑length basis.

SHAKTIPUMP
22 Oct, 2:41 pm · Source
22 Oct, 1:30 pm1 item
M&A

NCLT Kolkata approves Shyam Metalics merger of Electrocast into Shyam Sel & Power

On 16 October 2026, the National Company Law Tribunal (Kolkata Bench) approved the scheme of amalgamation whereby Shree Venkateshwara Electrocast Private Limited will be merged into Shyam Sel and Power Limited, a wholly‑owned subsidiary of Shyam Metalics and Energy Limited. The merger becomes effective upon filing the certified order with the West Bengal Registrar of Companies.

SHYAMMETL
22 Oct, 11:41 am · Source
21 Oct, 3:30 pm1 item
M&A

Eternal Limited approved slump sale of Going-out India business and share swap with Mygate

Eternal Limited's board approved a slump sale of its Going-out India business to its subsidiary Zomato Entertainment and a share‑swap transaction in which it sold 11,214 Series B preference shares and 10 equity shares in Adonmo to Mygate, receiving 1,84,091 Series C1 preference shares and 164 equity shares. The deal gives Eternal an estimated 4.4% stake in the merged Mygate entity, valued at INR 156 crore.

ETERNAL
21 Oct, 3:33 pm · Source
19 Oct, 11:30 pm2 items
M&A

REC Limited received BSE and NSE no‑objection letters for merger with Power Finance Corp.

REC Limited disclosed that on October 19, 2026 it obtained no‑objection letters from both BSE Limited and the National Stock Exchange of India for its proposed scheme of merger with Power Finance Corporation Limited. The merger remains subject to further statutory approvals, shareholder and creditor consent, and compliance with SEBI comments and RBI approval.

RECLTD
19 Oct, 11:27 pm · Source
M&A

Power Finance Corp receives No Objection letters from BSE and NSE for REC merger

Power Finance Corporation Ltd disclosed that it received No Objection letters from both BSE Limited and National Stock Exchange of India Limited on October 19, 2026, regarding the proposed scheme of merger with REC Limited. The merger remains subject to further statutory, regulatory approvals and the consent of shareholders and creditors as required under the Companies Act, 2013.

PFC
19 Oct, 10:38 pm · Source
19 Oct, 7:30 pm1 item
M&A

PI Industries Limited incorporated wholly‑owned CSR subsidiary PI Foundation with Rs 1,00,000 share capital

PI Industries Limited disclosed that on October 19, 2026 it incorporated PI Foundation, a not‑for‑profit Section 8 company headquartered in Udaipur, Rajasthan. The subsidiary is wholly owned by PI Industries and its subsidiaries, holding 100% of the share capital. The initial share capital was subscribed in cash for an amount of Rs 1,00,000.

PIIND
19 Oct, 6:47 pm · Source
19 Oct, 3:30 pm1 item
M&A

EPL Limited receives no‑objection letters from BSE and NSE for Indovida merger

On October 19 2026, EPL Limited announced that it had received observation letters with no adverse observations from both BSE Limited and National Stock Exchange of India Limited. The letters conveyed the exchanges’ “No Objection” to EPL’s scheme of amalgamation by absorption of Indovida India Private Limited, as approved by the board on March 29 2026.

EPL
19 Oct, 3:15 pm · Source
18 Oct, 5:30 pm1 item
M&A

Amber Enterprises’ subsidiary IL JIN acquires remaining 40% stake in Power‑One via share swap

Amber Enterprises India disclosed that its material subsidiary IL JIN Electronics (India) Limited entered into a Share Swap Agreement on 18 October 2026 to acquire the remaining 40% equity stake in Power‑One Micro Systems Private Limited. IL JIN will receive 1,75,680 Power‑One shares from four sellers and issue 1,76,000 CCPS A3 at Rs 10,000 each as consideration, making Power‑One a wholly‑owned subsidiary.

AMBER
2 filings · 18 Oct, 5:09 pm · Source
17 Oct, 9:30 pm1 item
M&A

Zen Technologies acquires 51.98% stake in Cogknit Semantics for up to Rs 135.15 crore

Zen Technologies Limited announced that its board approved the acquisition of a 51.98% stake in Cogknit Semantics Private Limited. The cash deal of up to Rs. 135.15 crore will make the AI‑based battlefield management firm a subsidiary and adds to Zen’s defence training, simulation and anti‑drone portfolio. The target posted a turnover of Rs. 0.48 crore in FY 2025‑26 and deal will close by December 13, 2026.

ZENTEC
17 Oct, 7:54 pm · Source
17 Oct, 5:30 pm1 item
M&A

Bajaj Finserv incorporates wholly‑owned subsidiary Bajaj Reinsurance Ltd

On 17 October 2026 Bajaj Finserv Limited disclosed that it had incorporated Bajaj Reinsurance Limited, a wholly owned subsidiary to pursue reinsurance business. The new entity was issued 10,00,000 equity shares of Rs 10 face value, amounting to Rs 1,00,00,000, with 100% shareholding retained by Bajaj Finserv. The incorporation is subject to necessary regulatory approvals.

BAJAJFINSV
17 Oct, 5:03 pm · Source
These summaries are generated from official company filings and regulatory disclosures for educational and informational purposes only. They describe what was disclosed and are not investment advice, a recommendation, or an offer to buy or sell any security. Always refer to the original filing and consult a registered adviser before making investment decisions.