Adani Road Transport, a wholly owned subsidiary of Adani Enterprises, has executed a share purchase agreement on 30 September 2025, with: a. Yashodhan Highways (YHPL) and DRN Infrastructure (DRN/Existing Shareholder) to...
PE-firm InvAscent buys out Somerset, invests Rs 265 Cr in Rajasthan-based hospital chain Apex
Life sciences private equity firm InvAscent has picked up a significant stake in Rajasthan-based multi-specialty hospital chain Apex Hospitals to help with its expansion. InvAscent has invested $ 30 million (about Rs...
NCLAT sets aside Future Consumer’s plea for insolvency against Aussee Oats
Appellate Tribunal NCLAT has set aside an appeal by Future Consumer Ltd (FCL) seeking to initiate insolvency against Aussee Oats Ltd. A two-member NCLAT bench has upheld the orders of the Mumbai bench of the National...
Zaggle to acquire loyalty solutions provider Greenedge for Rs 25 crore
Spend management platform Zaggle has received board approval to acquire 100% of Greenedge Enterprises — representing 130,000 equity shares — in a deal worth up to Rs 25 crore, the company said on Monday. In addition to...
Balaji Wafers may rethink stake sale plan as PE funds cite steep valuation
Ethnic packaged snacks Balaji Wafers’ minority stake sale is likely to have been put on the back burner, due to tepid responses from private equity funds and strategic investors, on account of the steep valuation...
NCLT approves merger of Star Television Productions with Jio Star
The National Company Law Tribunal (NCLT), Mumbai, has cleared the cross-border merger of Star Television Productions Limited (STPL), registered in the British Virgin Islands, with its Indian affiliate, Star India...
NCLT okays demerger of TaMo’s PV, CV units
Tata Motors Ltd. on Friday secured approval from the Mumbai bench of the National Company Law Tribunal (NCLT) for its restructuring plan, paving the way for the demerger of its passenger vehicle (PV) and commercial...
Madhvani Group’s INSCO completes acquisition of Hindustan National Glass under IBC
Independent Sugar Corporation Limited (INSCO), part of the Uganda-based Madhvani Group, on Saturday announced that it has completed the acquisition of Hindustan National Glass & Industries Limited (HNGIL) through...
Ventive Hospitality to acquire a 76% stake in Soham Leisure Ventures
Ventive Hospitality has announced that it proposes to enter into definitive agreements to acquire a 76% stake in Soham Leisure Ventures, owner of the Hilton Goa Resort and a land parcel in Goa. The company said in line...
Telangana govt to acquire L&T’s stake in Hyderabad Metro Rail project for Rs 2000 cr
Telangana government has agreed to take over Phase-I of the Hyderabad Metro Rail project from L&T Group by paying Rs 2,000 crore for the equity in the concessionaire L&T Metro Rail Hyderabad Ltd, official...
JK Lakshmi Cement acquires 26% in Ampin C&I Power, commissions new grinding unit in Surat
JK Lakshmi Cement on Wednesday said that it has acquired a 26 per cent stake in Ampin C&I Power, which will enable it to source solar power under applicable captive power laws. The JK group firm is investing Rs 4...
Reliance trims stake in Balaji Telefilms
Reliance Industries’ stake in Ekta Kapoor-led Balaji Telefilms dropped to 21.07% in FY25 from 24.82% a year earlier, according to the production company’s annual report. Nonetheless, Reliance Industries...
