The Competition Commission of India (CCI) has approved the proposals for stake acquisitions in Religare Enterprises (REL) by four entities controlled by the Burman family members. These entities aim to acquire a majority shareholding of up to 53.94% in REL and collectively exercise joint control over the company.
The Commission approved acquisition by JSW Ventures Singapore Pte Ltd, for up to approximately 38 per cent of the share capital of MG Motor India Pvt Ltd Get more Companies News and Business News on Zee Business.
The Competition Commission of India (CCI) has granted approval for the JSW Group s plan to acquire a maximum of 38% stake in MG Motor India. The CCI stated that the acquirer, a newly established company, is a wholly owned subsidiary of JSW International Tradecorp Pte. Limited and is part of the JSW Group.
The Competition Commission of India (CCI) has granted approval for the JSW Group s plan to acquire a maximum of 38% stake in MG Motor India. The CCI stated that the acquirer, a newly established company, is a wholly owned subsidiary of JSW International Tradecorp Pte. Limited and is part of the JSW Group.
The Competition Commission of India (CCI) has approved the proposals for stake acquisitions in Religare Enterprises (REL) by four entities controlled by the Burman family members. These entities aim to acquire a majority shareholding of up to 53.94% in REL and collectively exercise joint control over the company.