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

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

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

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 ...

Mumbai: Adar Poonawalla-owned Sanoti Properties on Thursday said it has approved the sale of its insurance subsidiary, Magma ...

Post the sale, Patanjali and others will hold a 98 percent stake in Magma Insurance. Adar Poonawalla holds 90 percent in Sanoti Properties, one of the entities selling its stake in the general ...

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

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

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

Patanjali Ayurved, led by Yoga Guru Ramdev, and the Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance ...

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

Patanjali and DS aim to tap the insurance market through Patanjali’s 2,000 counters and 250 mega stores, and DS Group’s 7 lakh touchpoints and 3,000 dealers ...