Last Updated : Thursday, March 12, 2020 20:11:12

News of Substantial Acquisition of Shares & Takeovers (SAST) in Gujarat

AIRTEL to power Youth-First digital platform for fitness content

NEW DELHI / MUMBAI / RAJKOT – In a regulatory update, as submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Telecom Major – Airtel Ltd said of prioritizing fitness content by powering the youth-first digital platform for fitness content, as the concept of being fit and fitness becomes mainstream in India, the company

VIMTA LABS completes acquisition of EMTAC LABS

HYDERABAD / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hyderabad headquartered healthcare services provider company Vimta Labs Ltd said of having completed acquisition of Emtac Laboratories with four months of the announcement which company had made on November 9, 2019 after acquiring 3.4 million (~34,16,500) shares of

KEC INTERNATIONAL acquires power transmission tower mfg facility in Dubai

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Heavy Electrical Equipment manufacturing company KEC International Ltd said of having acquired power transmission tower manufacturing asset in Dubai for an undisclosed amount, the acquired facility has installed manufacturing capacity of 50,000 tons per annum and was acquired

EMAMI sells its Cement biz to NIRMA Group Co for 55 bln rupees

KOLKATA | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Kolkata headquartered personal care products manufacturing Indian company Emami Ltd said of having entered into binding agreement with Nuvoco Vistas Corporation Ltd (part of Ahmedabad headquartered Dr. Karsanbhai Patel led Nirma Group) for sale of its

French Energy major TOTAL acquires 50% stake in ADANI GREEN’s Solar Assets

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Indian Diversified Conglomerate Adani Group’s Green Energy arm – Adani Green Energy Ltd said of having inked pact with French Energy major TOTAL Group, to form a joint-venture company, which aims at acquiring 50% stake in

MATRIMONY.COM board nods 26.1% stake acquisition in CLICKASTRO.COM

CHENNAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Chennai headquartered matrimony portal services providing company MATRIMONY.COM Ltd said of the company board having given nod to the definitive agreement inked for acquisition of 26.1% stake in ClickAstro.com, for an undisclosed amount. For LONG READ please CLICK / LOG

BIOCON BIOLOGICS INDIA allots 5 mln shares to Activ Pine LLP for 5.36 bln INR

BANGLORE | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Bangalore headquartered biotechnology Indian major Biocon Ltd said of Rs.5.36 billion (~536.25 Crores) having received from Activ Pine LLP and the company has allotted 5 million (~50 lakh plus) shares of Biocon Biologics India Ltd to Activ Pine

CHALET HOTELS inks pact to acquire NOVOTEL PUNE

PUNE | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Hospitality sector company Chalet Hotels Ltd said of having entered into definitive agreement to acquire Novotel Pune, with this deal, the company marks entry into Pune market. The press-release titled, “Chalet Hotels Limited enters definitive agreement

M&M acquires 100% stake of NDTV’s carandbike.com for 304.5 mln INR

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mahindra & Mahindra Ltd, auto arm of Indian Diversified Conglomerate – Mahindra & Mahindra Group said of having acquired 100% stake of digital automotive venture Fifth Gear Ventures Ltd for consideration of 304.5 million (~30.45 crore) rupees by way of

GOCL CORP approves UNION BANK OF INDIA’s $300 mln credit facility offer

HYDERABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hyderabad headquartered oil marketing & distribution multinational Gulf Oil’s Indian arm GOCL Ltd (formerly Gulf Oil Corporation Ltd) said of its board of directors having accepted line of credit/Standy Letter of Credit (SBLC) facility amounting to USD $300

HFCL acquires 15% stake in NIVETTI SYSTEMS for 160 mln rupees

NEW DELHI | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Solan (Himachal Pradesh) headquartered telecommunication cables manufacturing and telecom solutions providing Indian Company HFCL Ltd (formerly Himachal Futuristic Communications Ltd) said of having acquired 15% stake in Bengaluru headquartered Nivetti Systems Pvt Ltd for 160 million (~15.95 Crore)

ADANI PORT to acquire 75% stake in KRISHNAPATNAM PORT, for 135 bln INR

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered India Diversified Conglomerate Adani Group’s flagship and port sector arm – Adani Ports and Special Economic Zone Ltd said of having intent to acquire controlling stake of 75% in Krishnapatanam Port Company Ltd (KPCL), the second

GAYATRI PROJECTS announces completion of SEIL Transaction

HYDERABAD | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Hyderabad headquartered infrastructure company Gayatri Projects Ltd said of having completed the transaction of sale of its stake in Sembcorp Energy India Ltd. In a filing titled, “Gayatri Proiects Announces Completion of SEIL Transaction,” it further

ASTER DM HEALTH acquires Nursing Care company, in Abu Dhabi

KOCHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Kochi (Kerala) headquartered Indian healthcare company – Aster DM Healthcare Ltd said of having acquired nursing care company Wahat Al Aman Home Healthcare LLC in Abu Dhabi on 30th December, 2019 – Monday for cash consideration

ADANI forays in Cold Chain logistics biz, acquires stake in SNOWMAN LOGISTICS

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered diversified conglomerate Adani Group’s port, special economic zone and logistics arm – Adani Ports and Special Economic Zone Ltd said one of one of its wholly owned subsidiary company Adani Logistics Ltd having acquired 40.25% stake,

TATA CHEM acquires balance 25% stake in TATA CHEM (SODA ASH) PARTNERS

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Conglomerate Tata Group’s Salt & Soda Ash manufacturing arm – Tata Chemicals Ltd said of having brought balance 25% stake from The Andover Group, Inc., in Tata Chemicals (Soda Ash) Partners Holdings for USD $195 million,

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