MERGERS & ACQUISITIONS

Sasken Technologies Limited, a global leader in product engineering and digital transformation services, has announced the acquisition of Borqs Technologies Inc.’s hardware and software services business. Borqs, a prominent provider of embedded software and IoT products, will transfer 100% of the share capital of BORQS International Holding Corp and Borqs Technologies India Private Limited to…

Vishnu Chemicals Limited Acquisition of Chrome Mining Complex The sources provide information about the acquisition of a chrome mining complex by Vishnu South Africa (Pty) Limited (Vishnu SA), a wholly-owned subsidiary of Vishnu Chemicals Limited. The acquisition, announced on November 9, 2024, represents a significant strategic move for Vishnu Chemicals Limited. Structure of the Acquisition…

Several major companies have recently executed strategic acquisitions and investments, aiming to strengthen their positions across various sectors. These moves include Delta Manufacturing’s new subsidiary for electronic components, HeidelbergCement’s renewable energy stake, and Info Edge’s capital infusion in Jeevansathi to support growth. Sahyadri Industries and Vedanta’s Sesa Resources have also pursued acquisitions to enhance energy…

NSE: LODHA:Rs.1,217.05(-0.12%) Macrotech Developers Ltd is primarily engaged in the business of real estate development. It is among the largest real estate developers in terms of presales and development pipeline in India with a presence in MMR, Pune and entered in Bengaluru market. Macrotech Developers Ltd. (Lodha) is set to acquire full ownership of three…

NSE: GPIL: Rs.204.35 (-0.2%) Godawari Power & Ispat is mainly engaged in the business of Mining of Iron Ore and Manufacturing of Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys with generation of Electricity. The Board of Directors of Godawari Power and Ispat Limited (the Company) has approved a…

NSE: ULTRACEMCO:Rs.11,065.60(-1.85%)  UltraTech Cement is engaged in the manufacturing and sale of Cement and Cement related product primarily across globe. UltraTech Cement Limited has announced an increase in its stake in Ras Al Khaimah Co. for White Cement and Construction Materials (RAKWCT). Hightlight of the acquisition as follows UCMEIL, a wholly owned subsidiary of UltraTech…

NSE: JSWSTEEL:Rs.965.00  JSW Steel and Posco have signed an agreement to create a 50:50 joint venture to establish a steel plant in India with an initial production capacity of 5 million tonnes per annum (mtpa). This partnership aims to integrate both companies’ strengths in steel production and collaborate on additional projects related to battery materials…

NSE: AKZOINDIA: Rs.3,800.00(+1.60%) Akzo Nobel India is a leading player in India’s paint and coatings market, operating under the well-known Dulux brand. Established as part of the global Akzo Nobel N.V., headquartered in the Netherlands, the company has over 70 years of presence in India, where it has provided a wide range of decorative and…