At meeting held on 17 April 2025 The Board of Astral at its meeting held on 17 April 2025 has approved the acquisition of 100% equity share capital of Al-Aziz Plastics for a cash consideration of up to Rs 33 crore. Al...
CCI clears Patanjali, 5 other entities’ proposal to acquire 98 pc stake in Magma Gen Insurance
The Competition Commission of India (CCI) has cleared a proposal of Patanjali Ayurved and five other entities to acquire a majority stake in Magma General Insurance. “The proposed combination is being notified...
UltraTech to acquire 26% stake in renewable energy co AMPIN C&I Power Eight for Rs 25.5 crore
UltraTech Cement on Wednesday announced its decision to acquire 26 per cent stake in renewable energy company, AMPIN C&I Power Eight, for Rs 25.5 crore. “The company has entered into Energy Supply Agreement...
Prozone Realty hits the roof after board approves acquisition of Probliss Realty
Prozone Realty hit an upper circuit of 2% at Rs 33.27 after the company announced that its board has approved the acquisition of 100% equity shares of Probliss Realty. According to the exchange filing, the company will...
Indo National board OKs to acquire 71% stake in MMSPL for Rs 17 cr
Indo National (INL) has announced that its board has approved the execution of a share subscription and shareholders’ agreement with Medcuore Medical Solutions (MMSPL) and its promoters, marking a strategic...
CCI approves Akasa Air stake sale, Quality Care-Aster deal
The Competition Commission of India (CCI) on Tuesday cleared four proposals, including the acquisition of certain stakes in Akasa Air’s parent SNV Aviation by Premji Invest, Manipal Group head Ranjan Pai’s...
Litmus World & RepUp merge their operations; launch an AI-Native CX platform for enterprises
Litmus World, an enterprise SaaS platform, and RepUp, a Gurgaon-based AI-driven CX platform have signed a binding agreement to merge and unify their business operations, creating an AI-native Customer Experience (CX)...
Commercial Syn Bags rises after signing agreement to acquire Erawat Vegcap
Commercial Syn Bags hit an upper circuit of 2% to Rs 82.29 after the company’s wholly owned subsidiary, Comsyn India, entered into a share purchase agreement (SPA) with Erawat Vegcap, a wholly owned subsidiary of...
KKR signs $3.1 billion deal to buy OSTTRA from S&P Global, CME Group
KKR will buy a joint venture of S&P Global and CME Group in a $3.1 billion deal, in the U.S. private equity firm’s second acquisition in less than a week, despite a tariff whiplash slowing the pace of...
AIMCo in talks for minority stake in CDPQ’s India InvIT
Alberta Investment Management Corporation (AIMCo), Canada’s leading institutional investment manager, is in early discussions to acquire a significant minority stake in Maple Infrastructure Trust, the Indian...
Bharti Hexacom pauses tower sale, plans new valuation amid TCIL objections
Bharti Hexacom is likely to initiate a fresh valuation of its 3,400 telecom towers before inviting new bids from tower asset companies for their sale, said people with direct knowledge of the matter. The Bharti Airtel...
Ujala Cygnus to acquire around 60% stake in Punjab hospital chain
Delhi-based hospital chain Ujala Cygnus, which is backed by United States-based private equity (PE) firm General Atlantic, on Monday announced that it has agreed to acquire a significant stake in Punjab-based Amandeep...
