Patanjali Ayurved and DS Group, the maker of Rajnigandha, will purchase Magma General Insurance from Sanoti Properties LLP ...

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

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

India’s Patanjali Ayurved and the Dharampal Satyapal Group (DS Group) have agreed to acquire a controlling stake in Magma General Insurance for approximately Rs45bn ($517.5m). A share purchase ...

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 ...

Patanjali has entered the general insurance sector by acquiring a majority stake in Magma General Insurance. The deal is ...

Patanjali Ayurved acquires Magma General Insurance for ₹4,500 crore, expanding into financial services for India's ...

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Sanoti is jointly held by Adar Poonawalla and Rising Sun Holdings Private Limited. Other selling entities include Celica ...

Baba Ramdev -owned Patanjali Ayurved has expanded its business footprint by acquiring a majority stake in Magma General ...

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

Ltd., has approved the sale of its insurance subsidiary, Magma General Insurance Ltd. (erstwhile Magma HDI General Insurance Company Ltd.), along with Celica Developers and Jaguar Advisory Services ...