Mergers & Acquisitions

Adani Defence Systems and Technologies Limited (ADSTL) completed the acquisition of a 14.2 per cent effective shareholding in Air Works India (Engineering) Private Limited on March 11, 2026. The transaction was carried out in accordance […]

Premier Energies has acquired 104,550 equity shares of HeliosAnthos Energies, a joint venture between Premier Energies and BA Prerna Renewables, securing a 51 per cent stake in the company’s paid-up equity share capital. The shares […]

Torrent Power Limited has entered into a definitive agreement with L&T Power Development Limited, a wholly owned subsidiary of Larsen & Toubro Limited, to acquire 100 per cent equity stake and convertible instruments in Nabha […]

Reportedly, MSEDCL plans to complete the demerger of its agriculture business by April 2026, ahead of a proposed IPO targeted for December 2026. The agriculture segment will be carved out as a separate company, not […]

Saatvik Cleantech EPC Private Limited, a fully owned subsidiary of Saatvik Green Energy, has signed a share purchase agreement (SPA) to acquire a 49 per cent equity stake in Intelligent Hydel Solutions Private Limited. The […]

TPG, along with consortium partners ICICI Bank and GIC of Singapore has agreed to buy non-bank lender Aseem Infrastructure Finance Limited (AIFL) for Rs 40 billion as it looks to accelerate green funding and investment […]

The Centre is working on a proposal to merge Rail Vikas Nigam (RVNL) and Ircon International in a bid to enhance execution capacity and streamline railway infrastructure development. The proposed consolidation is aimed at creating […]

Saatvik Cleantech EPC Private Limited, a fully owned subsidiary of Saatvik Green Energy, has inked a share purchase agreement (SPA) to acquire a 49 per cent equity stake in Intelligent Hydel Solutions Private Limited. The […]

Tata Steel has signed a definitive agreement to acquire a 50.01 per cent stake in Thriveni Pellets Private Limited (TPPL) for up to Rs 6.36 billion. The remaining stake will continue to be held by […]

Tata Communications has acquired a 51 per cent stake in Commotion Incorporated, an artificial intelligence (AI)-native enterprise software-as-a-service (SaaS) platform with operations in the US and India, for Rs 2.27 billion. The company noted the […]

Inox Clean Energy has signed a share purchase agreement to acquire Vibrant Energy, a renewable energy platform of the Macquarie Group, at an enterprise value of $600 million and an equity value of $200 million. […]

Ashoka Buildcon Limited (ABL) has acquired the stakes held by investors, Macquarie SBI Infrastructure Investments and SBI Macquarie Infrastructure Trust, in Ashoka Concessions Limited (ACL). ABL acquired 0.34 million equity shares held by the investors, […]

Adani Enterprises has received creditors’ approval for its takeover proposal of Jaiprakash Associates. The company has not disclosed the bid value. If the deal materialises, Adani Enterprises will gain control over seven business verticals of […]

Nuvoco Vistas Corporation, the cement business of the Nirma Group has acquired 100 per cent equity in Algebra Endeavour Private Limited, the holding company of Vadraj Energy (Gujarat), from JSW Cement Limited and Alpha Alternatives […]

Mitsubishi Corporation has acquired a minority stake in the Indonesian operations of KIS Group, a biogas and biotechnology company. This deal marks the entry of Mitsubishi Corporation into the global biogas market. The financial details […]

Reportedly, Honda Motor Company has acquired an equity stake in India-based OMC Power to jointly develop clean energy storage batteries by repurposing electric vehicle batteries for distributed energy applications. The financial details of the deal […]

Premier Energies Limited (PEL) has signed a share purchase agreement (SPA) to acquire a 51 per cent stake in Transcon Ind Limited for Rs 5 billion. Transcon Limited is in the business of manufacturing transformers, […]

The Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited. Vedanta, a subsidiary of Vedanta Resources Limited, operates across sectors such as oil and gas, critical […]

Sembcorp Industries (Sembcorp), through its wholly owned subsidiary, Sembcorp Green Infra Private Limited (SGIPL), has inked a share purchase agreement with ReNew Private Limited. Under this agreement, the company will completely acquire ReNew Sun Bright […]

Ashoka Buildcon Limited (ABL) has partially completed the acquisition of Macquarie-SBI Infrastructure stake in Ashoka Concessions Limited (ACL) for Rs 8.82 billion. In October 2024, Ashoka Buildcon entered into a share purchase agreement (SPA) to […]