GENERAL Aurobindo Pharma Acquires A1 Biochem Research Unit For ₹147 Cr

Aurobindo Pharma Ltd, through its wholly owned subsidiary Apitoria Pharma Pvt Ltd, has acquired the contract research services business of A1 Biochem Group for ₹147 crore, strengthening its presence across the active pharmaceutical ingredient (API) lifecycle. As part of the transaction, Apitoria now holds an 80% stake in A1 Biochem Labs (India) Pvt Ltd, while […]

CW Bureau · Oct 2, 2026

RETAIL/FMCG Lenskart Scales Up Stake In French Eyewear Le Petit Lunetier To 34.34%

NESO Brands Pte Ltd, Singapore, a wholly owned subsidiary of Lenskart Solutions Ltd, has acquired an additional 2.52% stake in French eyewear brand Le Petit Lunetier Paris SAS (LPL) through a primary subscription. The investment amounted to €0.248 million, or approximately ₹2.71 crore, and was completed on September 23, 2026. The transaction constitutes a related-party […]

CW Bureau · Sep 24, 2026

MANUFACTURING Airfloa Rail Technology Acquires KIN Railway Equipment Unit For ₹48 Cr

Airfloa Rail Technology Ltd, an engineering and manufacturing company serving the railway, metro, aerospace and defence sectors, has entered into a Memorandum of Understanding (MoU) with KIN Railway Equipment Pvt Ltd to evaluate the acquisition of KIN’s business for ₹48 crore. The proposed transaction will be structured either as a slump sale or an asset […]

CW Bureau · Sep 14, 2026

GENERAL Gland Pharma Set To Acquire Gland Pharma USA In A $5.01-Lakh Deal

Gland Pharma Ltd has approved the acquisition of 100% equity in Gland Pharma USA Inc. (Gland US), a wholly-owned step-down subsidiary, from Gland Pharma International Pte. Ltd., a wholly-owned subsidiary, for $5.01 lakh. Upon completion of the transaction, Gland US will become a direct wholly-owned subsidiary of Gland Pharma. The company expects to complete the […]

CW Bureau · Sep 13, 2026

MANUFACTURING Rane (Madras) Buys Hindustan Composites’ Friction Unit For ₹370 Cr

Rane (Madras) Ltd has completed the acquisition of the Friction Business of Hindustan Composites Ltd for ₹370 crore on a cash-free, debt-free basis, strengthening its position in the friction business and expanding its product and market reach. The acquisition was completed after fulfilment of customary regulatory approvals and other closing conditions under the Business Transfer […]

CW Bureau · Aug 20, 2026

MANUFACTURING Tata Steel Acquires 23% Stake In TM International Logistics For ₹335 Cr

Tata Steel Ltd has completed the acquisition of a 23% equity stake in TM International Logistics Ltd (TMILL) for ₹335 crore, increasing its holding in the logistics company to 74%. Tata Steel acquired 41.40 lakh equity shares of ₹10 each from IQ Martrade Holding Und Management GmbH, in accordance with the terms of the Share […]

CW Bureau · Aug 20, 2026

MANUFACTURING Greaves Cotton Acquires Remaining 20% Stake In Excel Controlinkage

Greaves Cotton Ltd, a leading diversified engineering company, has acquired the remaining 20% stake in Excel Controlinkage Pvt Ltd through the secondary route, making the company a wholly owned subsidiary. The acquisition was completed on August 13, 2026, taking Greaves Cotton’s aggregate shareholding in Excel Controlinkage to 100%. Deal completes 2023 acquisition The transaction completes […]

CW Bureau · Aug 17, 2026

STARTUP/TECHNOLOGY CG Power Arm Axiro Semiconductor To Buy Tosil Systems For ₹16.44 Cr

Murugappa group firm CG Power and Industrial Solutions Ltd’s subsidiary Axiro Semiconductor Pvt Ltd will acquire 100% of Tosil Systems Pvt Ltd for a cash consideration of ₹16.44 crore. The acquisition will add Tosil’s semiconductor design and embedded engineering capabilities to CG Power’s existing semiconductor business. Acquisition to strengthen design capabilities Tosil provides silicon design, […]

CW Bureau · Aug 17, 2026

STARTUP/TECHNOLOGY Bharti Airtel To Acquire 85% Stake In Two Firms To Expand Data Centre Biz

Bharti Airtel Ltd, a leading telecom services provider, has entered into agreements to acquire an 85% stake each in Rochak Systems Pvt Ltd and Rovision Tech Hub Pvt Ltd to support the expansion of its data centre business through Nxtra Data. The acquisitions will be completed in one or more tranches. Airtel said the transactions […]

CW Bureau · Aug 7, 2026

MANUFACTURING Belrise Industries Buys Hyva India’s Tipper Body Business For $5.65 Mn

Pune-headquartered Belrise Industries Ltd has acquired the Tipper Body Business of Hyva India Pvt Ltd, a subsidiary of JOST Werke SE, for $5.65 million. The transaction, valued at an enterprise value-to-EBITDA multiple of about 3.6 times, strengthens Belrise’s position as a Tier-0.5 supplier in the commercial vehicle ecosystem. Strengthens commercial vehicle presence The acquisition aligns […]

CW Bureau · Aug 6, 2026

MANUFACTURING L.T Elevator Enters Global Automated Parking Space With DYPC Acquisition

L.T Elevator Ltd has signed a Share Purchase Agreement to acquire Seoul-based DYPC Inc. (Dongyang PC Inc.), marking its entry into the global automated parking technology business. The company will acquire a 66.45% stake in DYPC at a consideration of $2.85 per share. It will also acquire and cancel 5 lakh equity shares held by […]

CW Bureau · Aug 5, 2026

AUTO SML Mahindra Approves ₹525-Cr Buy Of Mahindra Truck & Bus Division

SML Mahindra Ltd has approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Ltd on a slump sale basis for ₹525 crore. The transaction, expected to be completed during FY27, is aimed at creating a unified commercial vehicle business with a presence across light, intermediate and heavy commercial vehicles, as […]

CW Bureau · Jul 29, 2026