
Shree Marutinandan Tubes rebrands to Industries
Shree Marutinandan Tubes Ltd has received the Certificate of Incorporation from the Ministry of Corporate Affairs for its name change to "SHREE MARUTINANDAN INDUSTRIES LIMITED". The change is effective from October 1, 2026, as per the certificate issued by the Registrar of Companies. This follows the Board's approval on August 5, 2026, and members' approval via postal ballot on September 8, 2026. The company's Memorandum and Articles of Association are now altered, and it will complete necessary compliances with stock exchanges and other authorities.

PNC Infratech Incorporates Subsidiary in Kazakhstan
PNC Infratech Limited has incorporated a wholly-owned subsidiary, PNC Infratech (Kazakhstan) LLP, in the Republic of Kazakhstan. The subsidiary's main objective is to provide infrastructure services, primarily in the Roads & Highways sector. The incorporation was completed on October 7, 2026, with an initial charter capital of 500,000 KZT. The company has invested the entire initial capital as cash consideration. This move signifies PNC Infratech's expansion into international markets, aiming to leverage its expertise in infrastructure development in Kazakhstan.

PH Capital Incorporates Three Subsidiaries, Allots Bonus Shares
PH Capital Limited's Board of Directors approved the incorporation of three new subsidiaries in India. The board also approved the allotment of 3,00,01,000 bonus equity shares, representing 10 bonus shares for every 1 existing share, at a face value of ₹10 each. This allotment, capitalized from free reserves amounting to ₹30,00,10,000, increases the company's paid-up equity share capital from ₹3,00,01,000 to ₹33,00,11,000. Additionally, Ms. Shrusti Barlota was appointed as the Company Secretary and Compliance Officer.

Skybridge Interactive LLP Acquires 62.28% Stake in Baba Arts Ltd
Skybridge Interactive LLP has acquired 3,27,00,000 equity shares, representing 62.28% of the total share capital, in Baba Arts Limited through a Share Purchase Agreement. This substantial acquisition, effective October 7, 2026, brings Skybridge Interactive LLP's total holding to 3,27,00,602 shares, or 62.29% of the company. The acquisition was conducted in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares acquired are fully paid-up equity shares with a face value of ₹1 each.

Tavexia Lifecare to acquire 60% of Meyonex Pharma for ₹671.9 Cr
Tavexia Lifecare Limited's Board of Directors has approved the proposed acquisition of up to 60% of the equity share capital of Meyonex Pharmaceuticals Limited. The acquisition will be done through a subscription of fresh equity shares at an issue price of ₹32 per share, amounting to a total investment of ₹67,19,09,760 (₹671.91 Crore). This strategic move aims to increase Tavexia Lifecare's stake in Meyonex Pharmaceuticals to 60%, with existing shareholders retaining 40%. The Board also reviewed and approved the Valuation and Due Diligence reports related to this acquisition. The funding for this acquisition will be entirely in cash. Further, the Board considered the fund-raising requirements to finance this proposed investment.

Tavexia Lifecare to acquire 60% of Meyonex Pharma for ₹671.9 Cr
Tavexia Lifecare Limited's Board of Directors has approved the proposed acquisition of up to 60% of Meyonex Pharmaceuticals Limited's equity share capital. The acquisition will be executed through a subscription of fresh equity shares by Tavexia Lifecare, at an issue price of ₹32 per share. This will result in Tavexia Lifecare holding 60% of Meyonex's post-allotment equity share capital, with existing shareholders retaining 40%. The total investment for this acquisition amounts to ₹67,19,09,760 (₹671.91 Crore), to be paid entirely in cash. The Board also approved the Valuation and Due Diligence Report for the transaction. The company is also considering fund-raising options to finance this acquisition.

Fractal Analytics Incorporates Step-Down Subsidiary in Qatar
Fractal Analytics Ltd announced the incorporation of its new wholly owned step-down subsidiary, FRACTAL AI QFZ LLC, in Qatar Free Zones. This entity, established with a share capital of QAR 100,000, will focus on software development, IT consultancy, network services, IT support, and artificial intelligence-related services. The incorporation was completed on September 28, 2026, and intimated to the company on October 7, 2026. This move is part of Fractal Analytics' global expansion strategy, aiming to leverage the strategic location and business environment of Qatar Free Zones for its IT and AI service offerings.

Abans Financial Services Acquires 6.01% Stake in Subsidiary AFPL
Abans Financial Services Limited (AFSL) has acquired an additional 20,70,926 equity shares, representing 6.01% of the paid-up equity share capital, in its subsidiary Abans Finance Private Limited (AFPL). The acquisition was made through a Share Purchase Agreement with Siddhant Commercials Private Limited for a cash consideration of ₹111 per share, totaling ₹22.99 Crore. This transaction increases AFSL's holding in AFPL to 99.98%. The acquisition is not considered a related party transaction and has been conducted based on a valuation report. No governmental or regulatory approvals were required for this deal, which was completed on October 07, 2026.

Hy-Tech Engineers Incorporates Wholly Owned US Subsidiary
Hy-Tech Engineers Limited has announced the incorporation of its wholly owned overseas subsidiary, HY-TECH ENGINEERS Inc., in the State of Delaware, United States. The certification of incorporation was received on October 07, 2026, following an earlier intimation on September 18, 2026. The new subsidiary, incorporated on October 05, 2026, will operate in the hydraulic fittings industry. Its primary objective is to import, stock, distribute, and supply hydraulic fittings and flow control components for various industrial applications. Hy-Tech Engineers Limited has subscribed to the share capital of the WOS with an investment of $300,000 in cash, securing 100% ownership.

Brainbees Subsidiary GlobalBees Sells Mush Textile Stake for ₹5.69 Cr
Brainbees Solutions Limited announced that its subsidiary, GlobalBees Brands Private Limited, has entered into a Memorandum of Understanding to sell its entire 51.54% stake in Mush Textile Private Limited. The transaction is valued at ₹5,68,93,940 (₹5.69 Crore). Mush Textile contributed 0.13% to GlobalBees' revenue (₹11.34 Crore) and 0.04% to its net worth (₹2.09 Crore) in FY26. The sale is expected to be completed by October 15, 2026. The buyers are existing shareholders Mr. Nihar Gosalia and Mr. Vaishvik Brahmbhatt. This transaction is considered an arm's length deal and is not part of any scheme of arrangement.