By Debdeep Gupta | 08 Sep, 2025
Gujarat’s Balaji Wafers in talks for stake sale at Rs 40,000 crore valuation: Report
Balaji Wafers, the Rajkot-headquartered snack maker, is in discussions with top private equity (PE) firms to divest up to 10 per cent of its equity at a valuation of nearly Rs 40,000 crore ($4.53 billion), according to Business Standard, which cited people aware of the development.The company, established by the Virani brothers — Chandubhai, Bhikhubhai, and Kanubhai — is exploring this partial...