India’s Patanjali Ayurved and the Dharampal Satyapal Group (DS Group) have agreed to acquire a controlling stake in Magma ...

Adar Poonawalla's Sanoti Properties to sell stake in Magma Insurance for Rs 4,500 crore to Patanjali Ayurved and DS Group.

With the acquisition of Magma General Insurance, Patanjali Ayurved, a manufacturer and marketer of herbal, nature-based ...

In a significant move that marks Patanjali Ayurved's first major foray into the financial services sector, Baba Ramdev's ...

Patanjali Ayurved and DS Group have acquired Magma General Insurance from Sanoti Properties for Rs 4,500 crore. The ...

Patanjali Ayurved and DS Group, led by Sanoti Properties LLP, are acquiring Magma General Insurance for Rs 4,500 crore. The deal involves regulatory approvals and encompasses the whole subsidiary, ...

Adar Poonawalla-owned Sanoti Properties has approved the sale of its insurance subsidiary Magma General Insurance (erstwhile ...

Patanjali, led by Baba Ramdev, and DS Group aim to inject capital to expand operations. Adar Poonawalla expressed confidence in the continued growth under the new ownership. Yog guru Baba Ramdev ...

For Adar Poonawalla, this divestment represents a strategic repositioning as he focuses on other ventures within his portfolio. The sale also reflects broader trends of consolidation within India’s ...

Adar Poonawalla owned Sanoti Properties LLP approved sale of its insurance subsidiary, Magma General Insurance, along with ...

Patanjali Ayurved and DS Group acquire Magma General Insurance for ₹4,500 crore, aiming to boost growth and market presence.

Patanjali Ayurved and DS Group will acquire Magma General Insurance from Sanoti Properties for Rs 4,500 crore, subject to ...