Tag: Business Transfer Agreement
MANUFACTURING Sejal Glass To Acquire Architectural & Automotive Glass Business For ₹41 Cr

Sejal Glass Ltd, a manufacturer of architectural glass solutions, is set to acquire Magnumtuff India Pvt Ltd architectural glass and automotive glass business on a going-concern basis through a slump sale for ₹40.80 crore. The proposed transaction, including the purchase of the associated factory land and building. The business undertaking reported operating revenue of ₹36.20 […]

CW Bureau · Nov 7, 2026
STARTUP/TECHNOLOGY L&T Transfers Data Centre, Cloud Business To Vyoma.AI For ₹1,400 Cr

Larsen & Toubro Ltd has executed a Business Transfer Agreement with its wholly owned subsidiary Vyoma.AI Ltd for transferring its Data Centre and Cloud Services Business on a going-concern basis. The business will be transferred through a slump sale for an aggregate consideration of ₹1,400 crore, subject to closing adjustments. Vyoma will issue fully paid-up […]

CW Bureau · Aug 11, 2026