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Senco Gold Ltd on Sunday said it has signed agreements to acquire a 68 per cent stake in August Jewellery Pvt Ltd, which operates the 'Melorra' brand, for Rs 68 crore. The investment will be made in multiple tranches, with completion targeted by February 2027, subject to fulfilment of specified conditions, the company said in a regulatory filing. It said that including the acquisition by a promoter group entity, the overall stake in August Jewellery will reach 79 per cent, following which the company will become a subsidiary of Senco Gold. The investment will happen through fresh equity issuance, with the funds intended for the company's growth and expansion, and the discharge of existing liabilities, the filing said. Senco Gold said the acquisition aligns with its digital and omnichannel strategy, particularly to cater to the fast-growing young consumer segment. Melorra's design and e-commerce capabilities are expected to complement Senco Gold's existing strengths and generate ...
Cyrix Healthcare, a portfolio company of Somerset Indus Capital Partners Fund III, has announced the acquisition of the MedTech Solutions business of Blue Star Engineering & Electronics Ltd (Blue Star E&E). The acquisition, effective September 1, 2026, aims to strengthen Cyrix's medical imaging capabilities and expand its "total MedTech management" platform across India, West Asia, and Africa, according to a release on Saturday. Cyrix Healthcare did not share financial details of the transaction. The move integrates Blue Star E&E's expertise in multi-brand CT and MRI systems, including sales, installation, and maintenance across more than 250 installations, into Cyrix's existing infrastructure. The acquisition also bolsters AURUM, Cyrix's refurbished medical equipment business, by enhancing its capacity to handle refurbished CT and MRI systems. According to the company, all existing customers of Blue Star E&E MedTech Solutions will continue to be supported by the same .
Tata Motors launched an all-cash voluntary tender offer to acquire all common shares of Iveco Group for EUR 14.10 per share, valuing the Italian commercial vehicle maker at approximately EUR 3.82 billion. The offer is being made through TML CV Holdings B.V., and the acceptance period will run from September 7 to October 26, 2026, according to a joint announcement by Tata Motors and Iveco Group on Friday. The offer price of EUR 14.10 per common share is on a cum-dividend basis. The transaction is the latest step in Tata Motors' proposed acquisition of Iveco, with the offer document having received approval from Italy's market regulator Consob. The approval cleared the way for the shareholder acceptance process. Iveco Group's Board of Directors has unanimously supported the transaction and recommended that shareholders accept the offer. It has also recommended that shareholders vote in favour of the resolutions relating to the offer at the Extraordinary General Meeting (EGM) schedul