BANKING & FINANCE
Fairfax India To Invest ₹2,000 Cr In IIFL Capital, Increase Stake To 51%
Fairfax India Holdings Corporation is set to increase its stake in IIFL Capital Services Ltd to 51% through an investment of ₹2,000 crore via preferential allotment of shares at ₹350 apiece. The proposed transaction will trigger a mandatory public offer under takeover regulations. Following the preferential allotment, Fairfax India’s wholly-owned subsidiary Fairfax Mauritius Investments Ltd […]
CW Bureau
·
May 7, 2026
GENERAL
ChrysCapital To Buy Novartis India 70.68% Equity Stake For ₹1,446 Cr
Swiss pharmaceutical major Novartis AG has entered into a definitive agreement with private equity firm ChrysCapital to divest its entire stake in its Indian subsidiary to a consortium comprising WaveRise Investments Ltd, ChrysCapital Fund X and Two Infinity Partners. On February 19, Novartis India Ltd signed a share purchase agreement to sell around 1.75 crore […]
CW Bureau
·
Feb 20, 2026
RETAIL/FMCG
Magnum Makes ₹1,303-Cr Open Offer For 26% Stake In Kwality Wall’s
The Magnum Ice Cream Company HoldCo 1 Netherlands B.V., (the acquirer) Magnum ICC Finance B.V. (PAC 1) and The Magnum Ice Cream Company N.V. (PAC 2) have announced an open offer to acquire 61.09 crore equity shares, representing 26% of the voting share capital of Kwality Wall’s India Ltd. (KWIL), from public shareholders. The offer […]
CW Bureau
·
Feb 16, 2026
