L.G. Balakrishnan & Bros Limited (NSEI:LGBBROSLTD) agreed to acquire Machining Division at Pondicherry Plant from LGB Forge Limited (NSEI:LGBFORGE) for INR 150 million on November 27, 2023. Machining Division at Pondicherry Plant reported revenue of INR 246.9 million and Total Common equity of INR 132.1 million in March 31, 2023. The transaction has been approved by the Audit committee and the board of director’s , The transaction will seek shareholders’ approval in relation to the transaction. The end use of the proceeds will be utilized to Towards repayment of bank borrowings, Towards Capital Expenses and Towards Working Capital. The transaction is expected to be completed on or before March 10,2024.

Kashipur Holdings Ltd. agreed to acquire 10.03% stake in Polylink Polymers (India) Limited (BSE:531454) from Ajay Commercial Company Pvt Ltd for INR23.12 per share on November 17, 2023. The transaction is expected to close on November 23, 2023.

Tusnial Tea Private Limited entered into Non-Disclosure and Confidentiality Term Sheet to acquire Deohall Tea Estate from Dhunseri Tea & Industries Limited (NSEI:DTIL) for approximately INR 230 million on november 14, 2023. Transaction is expected to complete on March 31, 2024.

Ira Ramesh Mishra made an offer to acquire 25.5% stake in G D Trading and Agencies Limited for INR12 per share on November 10, 2023. Swaraj Shares and Securities Private Limited Manager to the Open Offer on Behalf of the Ira Ramesh Mishra.

Ashapura International Ltd agreed to acquire Aeon Procare Private Limited from Ashok Alco-Chem Limited (BSE:524594) for INR 120 million on November 7, 2023. As of March 31, 2023, Aeon Procare Private Limited reported income of INR 42 million and net worth INR 37.5 million. The deal has been approved by board of directors, and is subject to approval from shareholders of Ashok Alco-Chem Limited. The transaction will be completed within 30 days of approval of shareholders received through postal ballot.

Gangalaxmi Agro Tech Limited, Nagpur Infotech Private Limited and Luk Technical Services Private Limited made an offer to acquire additional 78.46% stake in Bajaj Global Limited on November 6, 2023.