Mahindra Logistics has completed the purchase of 119,610 (5.06%) equity shares of Lords Freight (India) (Lords), Subsidiary company from its existing Shareholder, resulting an increase in the company’s stake in Lords from 68.69% (pre-acquisition) to 73.75% (post-acquisition). Mahindra Logistics provides logistics solutions, warehousing facilities, freight forwarding and supply chain management services. It also provides people … Read more
JSW Steel has acquired an aggregate of 60.004% of the share capital of Dolvi Minerals and Metals Private (DMMPL), a company engaged in the business of acting as traders, whole-sellers and retailers in all forms of metallic and non-metallic minerals, which includes coal and lignite, coal products and iron steel products, from the existing investors … Read more
Cipla’s wholly owned subsidiary — Cipla Medpro South Africa (Pty) has completed the acquisition of 100% stake in Mirren (Pty) on October 22, 2018. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. The company’s portfolio includes over 1500 products across wide range … Read more
Reliance Industries’ (RIL) wholly owned subsidiary — Reliance Industrial Investments and Holdings has successfully acquired 12.7% shareholding (on fully diluted basis) in SkyTran Inc. (SkyTran), a US incorporated venture-funded technology company developing state of the art technology in the field of Personal Rapid Transit Systems. The company has made the investment in SkyTran with the … Read more
Ganesh Films India has acquired the sole theatrical distribution rights for North India region from Lyca Productions for Tamil language movie ‘Vada Chennai’. Ganesh Films India is engaged in the business of acquiring distribution rights of south Indian movies from production or co-production houses and thereafter distributes the same to the cinema halls spread across … Read more
Ganesh Films India has acquired the sole theatrical distribution rights for North India region from Trident Arts for Tamil language movie ‘Ratsasan’. Ganesh Films India is engaged in the business of acquiring distribution rights of south Indian movies from production or co-production houses and thereafter distributes the same to the cinema halls spread across the … Read more
Prataap Snacks has completed the acquisition of 76.88% of the share capital of Avadh Snacks (Avadh) from certain of its existing shareholders on October 4, 2018. Earlier, the Board of Directors of the company in a meeting held on October 1, 2018, took note and approved the payment made towards the acquisition of 4,99,688 equity … Read more
