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

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, ...

Magma General Insurance has joined forces with Hyundai India Insurance Broking (HIIB), aiming to offer Magma's motor insurance products across Hyundai's dealer network in India, reported the ...

Patanjali Ayurved, led by Yoga Guru Ramdev, and Dharampal Satyapal Group will acquire Magma General Insurance from Sanoti Properties LLP. This marks Patanjali's entry into the insurance sector. The ...

Magma General Insurance’s board has approved an agreement for Patanjali Ayurved and foundations to acquire a controlling stake, valued at Rs 4,500 crore, pending regulatory approvals.

The collaboration between Magma and HIIB aims to enhance insurance penetration in India. Magma General Insurance Limited and Hyundai India Insurance Broking Pvt. Ltd. (HIIB) have partnered to ...

Yoga Guru Ramdev-led Patanjali Ayurved and Rajnigandha maker Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance from Sanoti Properties LLP at a valuation of ₹4,500 crore ...

Mumbai: Adar Poonawalla-owned Sanoti Properties on Thursday said it has approved the sale of its insurance subsidiary, Magma General Insurance Limited, to Yoga Guru Ramdev-led Patanjali Ayurved ...

Baba Ramdev-owned Patanjali Ayurved has expanded its business footprint by acquiring a majority stake in Magma General Insurance. This strategic move marks Patanjali’s entry into the competitive ...

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 ...

Patanjali Ayurved Ltd and DS Group have teamed up to enter India’s insurance sector with the acquisition of Magma General Insurance Ltd from Adar Poonawalla-owned Sanoti Properties LLP and other ...