Substantial Acquisition
NM Merchantiles acquires 11,741,100 shares of IOL Chemicals (post‑merger)
NM Merchantiles Ltd acquired 11,741,100 equity shares (≈4.00%) of IOL Chemicals & Pharmaceuticals Ltd consequent to merger with Vasudeva Commercials Ltd; holding rises from 3,83,90,550 (13.08%) to 5,01,31,650 (17.08%) per RD orders dated 12‑Feb‑2026.





