Tag Archives: CCI

The Competition Commission of India (CCI) has approved the proposed acquisition of 16.12% shareholding in Shriram LI Holdings Private Limited by Sanlam Emerging Markets (Mauritius) Limited. The proposed combination envisages the acquisition of 16.12% shareholding in Shriram LI Holdings Private Limited (SLIH) by Sanlam Emerging Markets (Mauritius) Limited (SEMM) from its existing shareholders. SLIH is …

The Competition Commission of India (CCI) has approved the acquisition of additional shares in Sikkim Urja Limited (formerly Teesta Urja Limited) by Greenko Energies Private Limited. Greenko Energies is a limited liability company incorporated in India. It is an (indirectly) wholly-owned subsidiary of Greenko Mauritius. Greenko Mauritius is wholly-owned by Greenko …

The Competition Commission of India (CCI) has approved the acquisition of 15.43% shareholding by Sanyo Special Steel Co. Ltd. in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co. Ltd. Sanyo Special Steel Co., Ltd. is a Japan-based company that manufactures and sells steel products globally. It has …

The Competition Commission of India (CCI) has approved subscription to Compulsory Convertible Debentures (CCDs) of Napino Auto and Electronics Limited (Napino) by International Finance Corporation (IFC). IFC is an international organisation, established in 1956 to further economic growth in its developing member countries by promoting private sector development. It is …

The Competition Commission of India (CCI) has approved the acquisition of additional shareholding of Thyssenkrupp Industries India Private Limited (Target) by Protos Engineering Company Private Limited (Protos) and Paharpur Cooling Towers Limited (Paharpur). Protos is, inter alia, engaged in acting as an agent for companies that manufacture: (i) equipment, machinery and raw …

The Competition Commission of India (CCI) has approved acquisition of stake in PAMP Technologies (India) Private Limited and MMTC PAMP India Private Limited by PAMP Ventures SA The proposed combination relates to the acquisition by PAMP Ventures SA (PAMP Switzerland/Acquirer) of: a) 100% of the share capital of PAMP Technologies …

The Competition Commission of India (CCI) has approved the subscription to 14,25,79,161 equity shares of Max Life Insurance Company Limited by Axis Bank Limited. Axis Bank is an Indian private sector bank involved in the business of banking. Axis Bank provides services in retail banking, which includes retail lending and …

The Competition Commission of India (CCI) has approved subscription of compulsorily convertible preference shares of Pritam International Private Limited (Target) by India Advantage Fund S5 I (IAF S5 I), HCL Corporation Private Limited (HCL Corp), Mirabilis Investment Trust (Mirabilis), Mr. Aashil Apurva Shah and Mr. Ansh Ashit Shah (collectively referred …

The Competition Commission of India (CCI) has approved the acquisition of 10.39% shareholding of Annapurna Finance Private Limited and subscription to its certain debentures by Piramal Alternatives Trust. Piramal Alternatives Trust is a trust belonging to Piramal Enterprises Limited. Piramal Alternatives Trust is a fund management business that provides customised …

The Competition Commission of India (CCI) has approved subscription to Compulsorily Convertible Preference Shares (CCPS) B of API Holdings by MEMG LLP and 360 ONE. MEMG Family Office LLP (Acquirer 1/MEMG LLP) is a limited liability partnership incorporated in India. MEMG LLP ultimately belongs to the Pai Family Group. MEMG …