1 / 9Aster DM Healthcare | Private equity firm Olympus Capital Asia Investments (OCAI) is likely to sell up to 9.8% equity in the hospital chain via a block deal, sources told CNBC-TV18. The offer size is valued at ₹1,952.8 crore, with an offer price range of ₹400-432 per share, the sources added. The offer size is valued at ₹1,952.8 crore, with an offer price range of ₹400-432 per share.
2 / 9CDSL | Standard Chartered Bank’s corporate banking section is likely to sell its entire 7.18% stake via a block deal in Central Depository Services Ltd (CDSL), sources told CNBC-TV18. The floor price for the transaction is set at ₹1,672 per share, with the deal size estimated at $151 million, the sources said.
3 / 9Piramal Enterprises | The financial services arm of the Piramal Group on Tuesday said it has invested ₹2,000 crore in Piramal Capital & Housing Finance Ltd (PCHFL), a wholly-owned subsidiary of the company by way of subscription to a rights issue. PCHFL will be utilising the aforesaid investment towards business or general corporate purposes, the company said.
4 / 9Apollo Pipes | The company on Tuesday said it has acquired 53.57% share capital and voting rights in Kisan Mouldings Ltd (KML) for ₹118.40 crore. Under the transaction, Apollo Pipes has secured its position through preferential issue allotment of 6,40,00,000 equity shares, at an issue price of ₹18.50 per share, having a face value of ₹10 each.
5 / 9Angel One | Brokerage house on Tuesday said it has launched a QIP issue at a floor price of ₹2,555 per share. The purpose of this fundraise is to augment and build financial flexibility to grow the business and harness various emerging opportunities both within the existing and expanding broking business and across the inorganic universe within the fintech space.
6 / 9Bharat Forge | A new lawsuit has been brought against industrialist Baba Kalyani, as his nephew and niece move to claim shares in the assets of the Kalyani family. The lawsuit targets a partition of family assets, including stakes in various listed and private companies held under the umbrella of the Kalyani Group.
7 / 9Shyam Metalics | Integrated metal producer on Tuesday said its joint venture company, Natural Resources Energy Private Ltd (NREPL), has received a letter of intent (LoI) from the Industry, Energy, Labour, and Mining Department of the government of Maharashtra. The LoI pertains to the composite licence for an iron ore block located in Maharashtra.
8 / 9Cipla | Drug major on Tuesday said it has signed a partnership with Sanofi India and Sanofi Healthcare India for exclusive partnership for the distribution and promotion of Sanofi India's Central Nervous System (CNS) product range in India. As a part of this partnership, Cipla will be responsible for the distribution of Sanofi India's six CNS brands including Frisium.
9 / 9Adani Power | Fair trade regulator Competition Commission of India (CCI) on Tuesday cleared Adani Power's proposed acquisition of Lanco Amarkantak Power. Adani Power proposes to acquire 100% share capital and control of Lanco Amarkantak Power, pursuant to the corporate insolvency resolution process (CIRP) initiated under the Insolvency and Bankruptcy Code, 2016 (IBC).
