MERGERS & ACQUISITIONS
On April 5, 2025, Delhivery Limited announced its decision to acquire at least 99.4% of the issued and paid-up share capital of Ecom Express Limited for a cash consideration not exceeding ₹1,407 crore. Details of the Acquisition Target Company: Ecom Express Limited Authorized Share Capital: ₹2,400 crore Paid-up Share Capital: ₹420.73 crore Turnover (as of…
On April 4, 2025, Brainbees Solutions Limited, operating as FirstCry, announced an investment of ₹73,00,47,000 (approximately ₹73 crore) in its subsidiary, GlobalBees Brands Private Limited. This move is part of a broader strategy to enhance FirstCry’s involvement in the burgeoning direct-to-consumer (D2C) brand market. Investment Details The investment was made through the subscription to 2,220…
On April 4, 2025, ITC Limited announced the acquisition of 2,62,500 equity shares in Ample Foods Private Limited (AFPL), amounting to a 43.75% stake in the company. This transaction, valued at approximately ₹131 crore, was executed through a combination of primary subscription and secondary purchases. Strategic Expansion into Frozen and Ready-to-Cook Foods This acquisition aligns…
The acquisition includes a state-of-the-art manufacturing plant with a capacity of 600,000 metric tonnes per annum, located in Rajsamand-Nathdwara, Rajasthan. Constructed in 2022-23, this facility is among the largest single-location putty manufacturing sites in India and is strategically situated near high-quality raw material reserves and UltraTech’s existing putty manufacturing units in Rajasthan. Strategic Implications This…
On April 2, 2025, Lupin Healthcare (UK) Limited, a wholly owned subsidiary of Lupin Limited, announced the acquisition of the entire share capital of Renascience Pharma Limited (RPL), a UK-based pharmaceutical company, for a cash consideration of GBP 12.3 million. Strategic Expansion in the UK Market This acquisition is a strategic move by Lupin to…
On April 2, 2025, Endurance Technologies Limited announced the successful completion of its acquisition of a 60% stake in Stöferle GmbH and Stöferle Automotive GmbH, based in Germany. This strategic move, executed through its subsidiary, Endurance Overseas SpA (EOSpA), involved a transaction valued at €37.74 million. The acquisition process commenced on December 12, 2024, when…
TC Limited Announces Acquisition of Century Pulp and Paper for ₹3,498 Crore On March 31, 2025, ITC Limited unveiled its strategic move to acquire the Pulp and Paper division of Aditya Birla Real Estate Limited (ABREL), known as Century Pulp and Paper (CPP). This acquisition, valued at ₹3,498 crore on a cash-free, debt-free basis, marks…
Oberoi Realty Limited and Mr. Vikas Oberoi Subscribe to Redeemable Preference Shares in I-Ven Realty Limited On March 31, 2025, Oberoi Realty Limited announced the subscription and allotment of redeemable preference shares in I-Ven Realty Limited, a joint venture company equally owned by Oberoi Realty and Mr. Vikas Oberoi. Previously, on March 20, 2025, Oberoi…
TVS Motor Company Limited, one of India’s leading two-wheeler manufacturers, has made significant strides in its global business operations with two recent acquisitions. The company has acquired a full stake in The GO Corporation (GOAG), Switzerland, and EBCO Limited, UK, through its wholly-owned subsidiary TVS Motor (Singapore) Pte. Ltd. These acquisitions mark strategic moves to…
Hatsun Agro Product Limited (HAP), India’s leading corporate dairy company, has successfully completed the acquisition of Milk Mantra Dairy Private Limited, marking a significant milestone in its expansion strategy. This acquisition, finalized on March 25, 2025, positions Milk Mantra as a wholly-owned subsidiary of HAP. Acquisition Details: Total Shares Acquired: HAP has acquired the entire…