Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.

What happened

Fact

Listing Department.

Full analysis Company memory

Lumax Auto Technologies LimitedLUMAXTECH19:26WatchMajor

Amalgamation

Update 7 of 9 in a matter ongoing since 28 Jul 2025

M&Amerger

As filed

Amalgamation/Merger

Why it matters

CapitSignal interpretation

A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.

What happened

Fact

Amalgamation/Merger.

Full analysis Company memory

Simbhaoli Sugars LimitedSIMBHALS19:16DeterioratingCritical

Insolvency proceedings update

Update 3 of 14 in a matter ongoing since 28 Oct 2025

Distressinsolvency

As filed

Updates

Why it matters

CapitSignal interpretation

Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.

What happened

Fact

In the Interim Resolution Professional (IRP) convened meeting held today i.e.

Full analysis Company memory

Adani EnterprisesADANIENT19:02WatchMajor

(“PLL”) by Adani Defence Systems & Technologies Ltd. (“ADSTL”), a wholly

M&Aacquisition

As filed

Updates

Why it matters

CapitSignal interpretation

An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.

What happened

Fact

(“PLL”) by Adani Defence Systems & Technologies Ltd. (“ADSTL”), a wholly. From time to time (“BTA”) by Adani Defence Systems & Technologies Ltd (“ADSTL”). a wholly owned subsidiary of the Company with Punj Lloyd Ltd. (“PLL”), regarding.

Full analysis Company memory

Rane Holdings LimitedRANEHOLDIN18:12WatchMinor

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Regulatorylitigation

Why it matters

CapitSignal interpretation

Litigation creates a contingent liability that is not in reported profit until it crystallises.

What happened

Fact

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Private Limited, Wholly Owned Subsidiary of the Company (`RSSL') from the Income Tax.

Full analysis Company memory

Maha Rashtra Apex Corporation LimitedMAHAPEXLTD17:45WatchNotable

Rights Issue

Update 4 of 4 in a matter ongoing since 18 Dec 2025

Capitalrights issue

Why it matters

CapitSignal interpretation

Existing holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.

What happened

Fact

Of the Rights Issue. Rights Issue of fully paid-up Equity Shares. Rights Issue (“Eligible Equity Shareholders”).

Full analysis Company memory

Hatsun Agro Product LimitedHATSUN16:47DeterioratingMajor

Amalgamation

Update 2 of 3 in a matter ongoing since 28 Apr 2025

M&Amerger

As filed

Amalgamation/Merger

Why it matters

CapitSignal interpretation

A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.

What happened

Fact

Amalgamation/Merger. Limited with Hatsun Agro Product Limited by the Hon’ble National Company Law Tribunal, Cuttack Bench.

Full analysis Company memory

Craftsman Automation Ltd.CRAFTSMAN16:40WatchMajor

Amalgamation

M&Amerger

As filed

Amalgamation/Merger

Why it matters

CapitSignal interpretation

A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.

What happened

Fact

Amalgamation/Merger. Amalgamation of DRA (with or without completion of (a)) into and with Sunbeam;

Full analysis Company memory

Williamson Magor & Company LimitedWILLAMAGOR15:23WatchNotable

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Regulatorylitigation

Why it matters

CapitSignal interpretation

Litigation creates a contingent liability that is not in reported profit until it crystallises.

What happened

Fact

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company.

Full analysis Company memory

Panacea Biotec LimitedPANACEABIO14:48WatchNotable

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Regulatorylitigation

Why it matters

CapitSignal interpretation

Litigation creates a contingent liability that is not in reported profit until it crystallises.

What happened

Fact

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Ref.: Update on ongoing tax litigation reported earlier under Integrated Filing (Governance). In the above said Order, the total tax demand has been reduced from ₹1.58 Crore to ₹0.81 Crore.

Full analysis Company memory

Sampann Utpadan India LimitedSAMPANN14:17ImprovingMinor

Commissioning of this 4 MW solar facility reflects the Company’s commitment to sustainable growth, responsible

Businesscapacity expansion

As filed

Updates

Why it matters

CapitSignal interpretation

New capacity spends capital now for volume later; the commissioning date is the commitment that can be checked against subsequent filings.

What happened

Fact

The commissioning of this 4 MW solar facility reflects the Company’s commitment to sustainable growth, responsible.

Full analysis Company memory

BirlaNu LimitedBIRLANU12:15WatchMajor

Scheme of Arrangement

Update 1 of 2 in a matter ongoing since 11 Mar 2026

M&Amerger

Why it matters

CapitSignal interpretation

A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.

What happened

Fact

Scheme of Arrangement. Corporate Ofﬁce: BirlaNu Limited, 6th Floor, Birla Tower, 25 Barakhamba Rd, New Delhi - 110001. (formerly HIL Limited).

Full analysis Company memory

Hester Biosciences LimitedHESTERBIO11:16WatchNotable

Business divestment announced

M&Adivestment

As filed

General Updates

Why it matters

CapitSignal interpretation

Selling a business converts an operating asset into cash; what the cash is then used for decides whether holders benefit.

What happened

Fact

Divestment of Equity stake in Texas Lifesciences Private Limited, Subsidiary. on the recommendations of the Audit Committee of the Board, considered and approved the Divestment. of 43.81% equity shareholding out of total 54.81% in its subsidiary, Texas Lifesciences Private Limited.

Full analysis Company memory

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