At meeting held on 27 January 2025 The Board of L T Foods at its meeting held on 27 January 2025 has approved the acquisition of 4% Stake in Raghunath Agro Industries, subsidiary company from DAWAAT Foods, a wholly...
DroneAcharya, AVPL strategic merger to redefine India’s drone tech sector
BSE-listed DroneAcharya Aerial Innovations has signed a term sheet for a strategic merger with AVPL International. The financial terms of the deal were not disclosed. A joint release announcing the strategic merger said...
SBI Mutual Fund acquires 3.8% stake in Happy Forgings for Rs 341 cr
SBI Mutual Fund on Friday picked up an additional 3.8 per cent stake in auto components maker Happy Forgings for Rs 341 crore through an open market transaction. According to the bulk deal data available with the BSE...
Coforge Inc. to acquire Xceltrait Inc. for consideration of $17.85 mn
Coforge Inc., a wholly owned subsidiary of Coforge has agreed to enter into a stock purchase agreement with Xceltrait Inc. and its stockholders to acquire all of the outstanding shares of capital stock of Xceltrait Inc...
Delisting Reliance Cap one of last milestones towards acquisition: Hinduja
IndusInd International Holdings Ltd (IIHL) Chairman Ashok P Hinduja said the delisting of Reliance Capital is one of the last milestones towards the closure of the acquisition of the debt-ridden financial firm...
Hatsun Agro Product to acquire 100% stake in Milk Mantra Dairy for expanding presence in Eastern India
Hatsun Agro Product (HAP) said that its board has approved the acquisition of 100% stake in Milk Mantra Dairy for a total cash consideration of Rs 233 crore. In this regard, HAP has entered into share purchase...
French firm Roquette seeks CCI’s clearance for IFF Pharma’s biz acquisition
French plant-based ingredient producer Roquette Frres has sought fair trade regulator CCI’s approval for the proposed acquisition of the pharma solutions business and certain product lines of International Flavors...
Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal
Edtech platform BrightChamps said it has acquired Indian K-12 education marketplace Edjust to bolster global expansion. The cash-and-stock deal concludes BrightChamps’ fourth acquisition since its inception in 2020 –...
MRPL acquires 26.96% stake in Mangalore SEZ
The Board of Mangalore Refinery And Petrochemicals at its meeting held on 20 January 2025 has approved the acquisition of 1,34,80,000 equity shares of Mangalore SEZ (MSEZ) from IL&FS at a revised consideration of Rs...
Board of Allcargo Terminals approves acquisition of 15% stake in Speedy Multimodes
The Board of Allcargo Terminals at its meeting held on 17 January 2025 has approved the Preferential issue of equity shares of the company for consideration other than cash, i.e. in lieu of acquiring 15% shares of...
Dubai’s Emaar confirms stake sale talks with Adani Group for Indian ops
Emaar Properties, the leading real estate developer in Dubai, announced on Thursday that it is in talks with multiple Indian companies, including the Adani Group, about a potential stake sale in its Indian subsidiary...
Sun Pharma’s unit Taro to acquire 100% stake in Antibe Therapeutics
Sun Pharmaceutical has announced that its subsidiary, Taro Pharmaceuticals, has entered into an agreement to acquire a 100 per cent stake in Antibe Therapeutics, a clinical-stage biotechnology company based in Ontario...
