Authum Investment, Mahi Madhusudan Kela to acquire 46.85% stake in Prataap Snacks
Authum Investment & Infrastructure and Mahi Madhusudan Kela will acquire a 46.85 per cent stake in Prataap Snacks, which operates the snack brand Yellow Diamond and sweet snacks brand Rich Feast. The company has entered into a share purchase agreement with the promoters to acquire 46.85 per cent share in a Rs 846.60 crore deal…
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SMC Finance looking to raise Rs 600 cr equity: sources
SMC Finance is in talks with private equity funds and impact funds to raise equity of around Rs 600 crore, people aware of the development told ET. The promoters of the company, also known as Moneywise Financial Services Pvt. Ltd., have mandated Prudenthill Advisors LLP and Riverstone Capital Private Limited, both founded by ex-Credit Suisse…
READ MOREIndia ranks 5th in Asia-Pacific cross-border realty investments, draws $3 bln in H1
India ranked fifth in cross-border real estate investments in the Asia-Pacific region, attracting 9% of the total volume of investment within the region in the first half of 2024, showed a Knight Frank India study.The total cross-border investments in the Asia Pacific region during this period reached $11.5 billion, with India receiving $3 billion from…
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