M&A
Reliance Retail's board has approved a proposal to cancel the equity shares held by public shareholders. RRVL, a 85% subsidiary of RIL, holds a 99.91% stake in Reliance Retail, while the public holds 7,865,423 equity…
M&A
Publicly-listed Vedanta Limited is to acquire 100% of Vedanta Foxconn Semiconductors Pvt Ltd (VFSPL) and Vedanta Displays Ltd (VDL), wholly owned subsidiaries of Twin Star Technologies Ltd (TSTL) via share transfer at…
M&A
Publicly-listed Samvardhana Motherson International Limited (SAMIL) is to acquire 100% stake in Bengaluru-based Rollon Hydraulics Pvt Ltd at an enterprise value of INR 76.5 crore. Rollon manufactures and supplies high…
M&A
Bhopal-headquartered Toprankers has acquired Indore-based Lex Guru and has rebranded the legal test prep platform to Judiciary Gold.
M&A
Havas Media Group India (HMGI) has acquired PivotRoots, a Mumbai-based digital marketing and communications agency. PivotRoots' digital capabilities, along with Havas Media's meaningful media experiences (Mx) approach…
M&A
Publicly listed, Chennai-based Hatsun Agro Product Ltd has sold its captive windmill division of the company on a "Slump Sale" basis to V.K.A. Polymers Pvt Ltd. for INR 135 crore. V.K.A. Polymers manufacturers mosquito…
M&A
Publicly-listed Samvardhana Motherson International Ltd (SAMIL, via its unit MSSL Consolidated Inc) is to invest USD 14 million in an optionally convertible secured note of Milpitas, CA (USA)-based Prysm Systems Inc…
M&A
Publicly-listed Samvardhana Motherson International Ltd (SAMIL, via its unit SMRP B.V.) is to acquire 81% stake in Japan-based Yachiyo's 4-wheeler (Y4W) business at an enterprise valuation of JPY 22.9 Billion (about…
M&A
HDFC, which merged with HDFC Bank last week, has sold a portfolio comprising eight real estate accounts, including those of Tridhaatu Realty, ATS Infra, Paranjape Schemes and Puranik Builders, for INR 305 crore to…
M&A
The government has called off the strategic disinvestment of helicopter service provider Pawan Hans after the winning bidder – Star9 Mobility – was disqualified due to pending legal cases against it. The government and…
