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

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

Magma General Insurance’s board has approved an agreement for Patanjali Ayurved and foundations to acquire a controlling ...

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, 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, ...

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

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

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

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

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 ...

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