Tag: related party transaction
MANUFACTURING APL Apollo To Divest Arm Blue Ocean Projects To SG Realtor For ₹160 Cr

APL Apollo Tubes Ltd has approved the divestment of its entire stake in its wholly owned subsidiary, Blue Ocean Projects Pvt Ltd (BOPPL), to SG Realtor Pvt Ltd, a related party, for an aggregate consideration of ₹160 crore, as the steel products manufacturer sharpens its focus on its core business. The company’s board of directors […]

CW Bureau · Jun 27, 2026
STARTUP/TECHNOLOGY Tata Motors Acquires Additional 18% Stake In Freight Tiger For ₹95.66 Cr

Tata Motors Ltd has entered into an agreement to acquire an additional 18% stake in Freight Commerce Solutions Pvt Ltd (Freight Tiger) for an aggregate consideration of ₹95.66 crore through a secondary purchase from existing shareholders. The acquisition has been made from existing shareholders of Freight Tiger — Lightspeed India Partners I, LLC, Florintree Infra […]

CW Bureau · May 16, 2026
GENERAL TVS Holdings Infuses ₹527 Cr Into Home Credit, Hikes Stake To 80.39%

TVS Holdings Ltd (formerly known as Sundaram-Clayton Ltd) has infused ₹527 crore into its subsidiary, Home Credit India Finance Pvt Ltd (HCIFPL), through an additional equity acquisition. The company acquired 22.91 crore shares of HCIFPL at ₹22.99 per share, amounting to a total consideration of ₹526.79 crore. Objective of the investment According to a regulatory […]

CW Bureau · Mar 28, 2026