Adar Poonawalla's Sanoti Properties to sell stake in Magma Insurance for Rs 4,500 crore to Patanjali Ayurved and DS Group.

Jefferies expects Patanjali Foods to deliver high single-digit topline growth, coupled with margin expansion going ahead.

Patanjali Group enters the insurance sector, will buy Magma General Insurance, deal will be done at a valuation of ₹4500 Cr, ...

Patanjali Ayurved and DS Group, the maker of Rajnigandha, will purchase Magma General Insurance from Sanoti Properties LLP ...

Post the sale, Patanjali and others will hold a 98 percent stake in Magma Insurance. Adar Poonawalla holds 90 percent in Sanoti Properties, one of the entities selling its stake in the general ...

Magma General Insurance’s board has approved an agreement for Patanjali Ayurved and foundations to acquire a controlling ...

Patanjali Ayurved and DS Group, led by Sanoti Properties LLP, are acquiring Magma General Insurance for Rs 4,500 crore. The deal involves regulatory approvals and encompasses the whole subsidiary, ...

The Patanjali Mega Food and Herbal Park being set up by Patanjali Ayurveda Limited in Nagpur is expected to significantly ...

Patanjali Ayurved and DS Group are set to acquire Magma General Insurance for Rs 4,500 crore. The sale by Sanoti Properties awaits regulatory approval. Magma Insurance, held by Adar Poonawalla and ...