Cyza Chem Pvt Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Cyza chem pvt ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Cyza Chem Pvt Ltd Today - Breaking & Trending Today

Magma HDI general insurance raises Rs 525 cr from various investors


ICICI Venture, Morgan Stanley Private Equity Asia, Cyza Chem Pvt Ltd, a Poonawalla group company, and two other family offices are putting in Rs 525 crore in Magma HDI General Insurance, a joint venture between Magma Fincorp Limited and HDI Global SE, Germany.
Of the Rs 525 crore, the fresh capital infusion will be to the tune of Rs 250 crore in the company, which will provide growth capital to meet the needs of expanding distribution capabilities of the company. The existing Magma group entities have done a secondary sale, which is to the tune of Rs 275 crore. The amount will allow the promoter Magma Fincorp and its group companies to comply with the Reserve Bank of India’s guidelines for ownership of a stake in insurance companies. ....

Rajive Kumaraswami , Abhay Bhutada , Nirav Mehta , Puneet Nanda , Cyza Chem Pvt Ltd , Adar Rising Sun Holdings , Magma Fincorp , Competition Commission Of India , Serum Institute , Rising Sun Holdings , Serum Institute Of India , Rising Sun Holdings Private , Morgan Stanley Private Equity Asia , Magma Fincorp Limited , Reserve Bank , Competition Commission , Cyza Chem , Managing Director , Chief Executive Officer , Poonawalla Finance , Adar Poonawalla Controlled Rising Sun Holdings , Magma Hdi General Insurance , ராஜீவ் குமாரசாமி , நீரவ் மேத்தா , பூணீட் நந்தா , அடார் உயரும் சூரியன் ஹோல்டிங்ஸ் ,