L Catterton Asia to buy 10% stake in FLFL
L Catterton Asia will purchase 10% stake in Future Lifestyle Fashions (FLFL), for an undisclosed sum. In a regulatory filing FLFL stated that, the acquisition will...
Tag : stake
Karnataka Bank to divest 8.26% stake in Universal Sompo
Karnataka Bank will divest 8.26% stake in Universal Sompo General Insurance to Dabur Investment Corporation and Sompo Japan. This transaction is awaiting approval from Insurance Regulatory and Development...
Techno Electric acquires stake in Kdhima-Mariani Transmission
Techno Electric and Engineering Company has acquired stake in Kdhima-Mariani Transmission. The company has entered into a share purchase agreement to acquire 26% equity share capital of...
Meghmani Organics acquires stake in Meghmani Finechem
Meghmani Organics has acquired 24.97% equity stake in Meghmani Finechem. Meghmani Agrochemicals (MAPL), the company’s wholly-owned subsidiary has provided successful exit to International Finance Corporation (IFC),...
Malabar India Fund increases stake in Uniply Industries
Malabar India Fund has raised its stake in Uniply Industries to 8.49% from the earlier 4.99%. It has bought 8.35 lakh equity shares (representing 3.49%...
HDFC Small Cap Fund increases stake in Shaily Engineering
HDFC Mutual Fund has increased its stake in plastic products company, Shaily Engineering by more than 1% points via open market. HDFC Small Cap Fund, on...
Strides Shasun to divest entire stake in Strides Chemicals
Strides Shasun’s board has given approval to a proposal for selling entire stake in Strides Chemicals, to Solara Active Pharma Sciences for Rs.131 crore. Strides Chemicals...
Marico to buy 22.5% stake in Revofit
Marico will purchase up to 22.5% stake in fitness and wellness solutions app, Revofit. As per Revofit, Marico will purchase shares from the owners, and it...
Amtek Auto to divest stake in JV company, SMI Amtek Crankshaft
Amtek Auto has singed a share purchase agreement (SPA) with Nippon Steel and Sumitomo Metal Corporation, to divest its stake in its joint venture (JV) company,...
Wipro divests stake in Airport IT for Rs.3.15 crore
Wipro has divested its stake in Wipro Airport IT, to Antariksh Softtech. Wipro Airport IT Services, is a joint venture between Wipro (74%) and Delhi International Airport...