Mergers & Acquisitions

AGEL has signed share purchase agreements for 100 per cent acquisition of SB Energy Holdings Limited, which has a 4,954 MW portfolio of renewable energy projects in India. AGEL will acquire an 80 per cent stake […]

  The Kotak Special Situations Fund has announced its eighth deal to acquire a 74 per cent stake in the stressed HKR Roadways Limited, owned by a consortium led by Gayatri Projects Limited. The alternative […]

  Adani Renewable Energy Holding Four Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has transferred Mundra Solar Energy Limited’s (MSEL) 74 per cent shareholding to Adani Tradecom LLP. This entailed the […]

Reliance Industries Limited is set to offload its 11.61 per cent stake in Hathway Cable through an offer for sale (OFS) in an effort to comply with SEBI’s minimum public holding norms. As per the […]

Jindal Steel and Private Limited (JSPL) has accepted a binding offer from Worldone Private Limited to divest a 96.42 per cent stake in Jindal Power Limited (JPL). The divestment is in line with JSPL’s objective […]

The Kotak Special Situations Fund has announced its eighth deal to acquire a 74 per cent stake in stressed HKR Roadways Limited owned by a consortium led by Gayatri Projects Limited. The alternative investment arm […]

NHPC Limited will be acquiring the entire 2 per cent equity stake of PTC India Limited in Chenab Valley Power Projects Private Limited (CVPPL). The Ministry of Power has recently conveyed its approval of a […]

The Indian Energy Exchange (IEX) has announced a strategic divestment of 26 per cent of its equity holding at the Indian Gas Exchange (IGX) to the National Stock Exchange (NSE) through its wholly owned subsidiary […]

Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises, has acquired a 23.5 per cent stake in Mumbai International Airport Limited (MIAL) from ACSA Global and Bid Services Division (Mauritius), or Bidvest, […]

Adani Ports and Special Economic Zone Limited (APSEZL) has completed the acquisition of Dighi Port Limited for a consideration of Rs 6.5 billion under the bankruptcy law. APSEZL also plans to invest over Rs 100 […]

NTPC has signed a share purchase agreement to buy GAIL Limited’s 25.51 per cent stake in Ratnagiri Gas and Power Private Limited (RGPPL). RGPPL was incorporated in 2005, to take over and revive the assets […]

ReNew Power has announced a merger with RMG Acquisition Corporation II to become a publicly listed company in NASDAQ. The deal with the US-based special purpose acquisition corporation was backed by Goldman Sachs and recorded […]

Siemens Limited has completed the acquisition of 99.22 per cent equity shares in C&S Electric Limited from the company’s promoters for Rs 21 billion. The transaction is aimed at gaining access to the Indian market […]

Delhi-based RoboticWares, which owns and operates SaaS logistics platform FarEye, has acquired logistics technology start-up PY Technology. The financial terms of the deal were not disclosed. The deal will help FarEye strengthen its solution engineering […]

ONGC’s plan to complete the merger of its refining subsidiary Mangalore Refinery and Petrochemicals Limited (MRPL) with recently acquired Hindustan Petroleum Corporation Limited (HPCL) to align its upstream and downstream operations into two verticals has […]

Total France will acquire a 20 per cent stake in Adani Green Energy Limited (AGEL), for a global investment of $2.5 billion. Additionally, Total will acquire a 50 per cent stake in a 2.35 GW […]

According to reports, Aurobindo Realty and Infrastructure Private Limited (ARIPL) is planning to acquire a 41.12 per cent equity stake in Kakinada Seaports Limited. ARIPL will buy the stake from Kakinada Infrastructure Holdings Private Limited, […]

Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises, has acquired a 23.5 per cent stake in Mumbai International Airport Limited (MIAL) from ACSA Global and Bid Services Division (Mauritius), or Bidvest, […]

Bharat Petroleum Corporation Limited  (BPCL) will acquire a 36.62 per cent stake in Bharat Oman Refineries Limited (BORL) from OQ S.A.0.C. (formerly Oman Oil Company S.A.O.C.). This would amount to 888 million equity shares. Currently, […]