Stake Sale

Motilal Oswal Financial Services has purchased a 1.65 per cent stake in Zelio E-Mobility through a Rs 9.8 crore block deal, boosting institutional interest in the newly listed EV maker

IIFL Finance has appointed EY to conduct due diligence for a possible stake sale in its MFI arm Samasta, as the lender evaluates strategic options amid pressure on the microfinance portfolio

Novartis exits India's mass-market generics, signalling a deeper split between MNC innovation bets and domestic pharma scale

Reliance Enterprise Intelligence is no longer a wholly owned step-down subsidiary of RIL after issuing shares to a Meta unit, which now holds 30% of its equity

Government's 4% IRFC stake sale drew muted interest from institutional investors, with only 85% subscription at the base level and bids clustering near the ₹104 floor price

The consortium will offer ​Novartis India's ‌public shareholders ₹860.64 per share, ‌an exchange filing showed, representing a 3.6 per cent ‌premium to ​its closing ​price on Thursday

Shriram Finance says RBI has confirmed Japan's MUFG Bank does not require prior approval for proposed 20% stake acquisition

USV, a pharmaceutical and biotechnology company, will acquire a 79 per cent stake in Wellbeing Nutrition at a valuation of Rs 1,583 crore. USV has signed a definitive agreement to acquire a 79 per cent equity stake in Nutritionalab Pvt Ltd, which owns "Wellbeing Nutrition", according to a joint statement. This includes 35 per cent from the founder Avnish Chhabria and 44 per cent from existing shareholders. Its investors -- Early backers Fireside Ventures and Hindustan Unilever -- will divest their collective 40 per cent stake. This Rs 1,583 crores all-cash transaction represents the largest exit in India's health and wellness startup space to date, it added. This strategic expansion of USV, a leading player in diabetes and cardiac care, into consumer wellness is aligned with its expansion across the healthcare continuum. "The addition of Wellbeing Nutrition reinforces USV's evolution into a comprehensive healthcare powerhouse spanning both therapeutic excellence and consumer ...

Bhansali Productions will sell all its future film music exclusively to Saregama, giving it steady pipeline of premium music

Marico has signed definitive agreements to acquire a majority stake in digital-first wellness brand Cosmix Wellness, valuing the company at ₹375 crore and strengthening its health portfolio

Promoters of Pramerica Life Insurance are in talks with multiple insurers to sell their entire stake, amid losses and constraints on fresh capital infusion

The stake sale comes as the German firm seeks to revive its fortunes after it lost ground to Nike and Adidas and also faces competition from fast-growing brands like New Balance and Hoka

Global private equity major General Atlantic is planning to acquire a minority stake in Balaji Wafers, a move that will strengthen key corporate functions across the Gujarat-based packaged snack company. The industry insider said the leading global investor is picking up a 7 per cent stake in Balaji Wafers for over Rs 2,000 crore, valuing the company at around Rs 35,000 crore. Balaji Wafers has entered into a "definitive agreement" with General Atlantic for a strategic investment, according to a joint statement. With General Atlantic's investment, Balaji Wafers will focus on further strengthening key corporate functions across the company and accelerating innovation. Drawing on General Atlantic's global expertise in the food and consumer sectors, the company plans to accelerate its expansion across India, the statement added. "General Atlantic's investment will support our efforts to establish and operate world-class facilities, invest in innovation and build a professional team to

Founders, Esop holders emerge as a younger cohort of high-end buyers

QSR Asia exits Restaurant Brands Asia, selling 11.26% stake to Inspira Global; Rs 1,960 crore infusion planned via equity and warrants

Aditya Birla Fashion and Retail share price slumped 8.5 per cent to ₹65.78, the lowest level since May 11, 2021, on the National Stock Exchange (NSE)

EY has reached out to private equity firms Blackstone and KKR and Co to explore potential offers for the family's stake, said two of the three sources

Under the terms of the agreement, Universal Music will gain global distribution rights for all future original soundtracks created for projects owned or controlled by Excel

Arvind Fashions Ltd on Monday said it will acquire Flipkart group's 31.25 per cent stake in Arvind Youth Brands Pvt Ltd for Rs 135 crore. Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name 'Flying Machine'. It had a turnover of Rs 432.16 crore in the financial year ended March 31, 2025, the company said in a regulatory filing. Over the last five years Flying machine has re-established as a well-accepted brand on digital channels. The partnership with the Flipkart group helped Flying Machine become one of the top casual wear brands on digital platforms, catering to the fashion-conscious youth of India, it said in a separate filing. "Our relationship with the Flipkart group will continue ensuring consumers can still shop Flying Machine on its platforms. The brand will also be available to consumers on other digital channels and portals," Arvind Fashions Ltd (AFL) Managing Director & CEO ...

To attract more investors, the government reduced PIA's debt, removed sales tax on new aircraft, and offered protection from select taxes and legal issues to revive interest in the sale