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...
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OptionsTrade 2025-03-07 09:23:46
Technology firm 63 Moons has reached a settlement agreement with investors of the National Spot Exchange (NSEL) in the 2013 NSEL payments crisis case. The company will pay Rs 1,950 crore as a one-time settlement. According to the NSEL Investors Forum, the terms stipulate that 63 Moons will make the payment as a full and final settlement, and in return, investors will assign their claims against defaulters and other parties to 63 Moons. This settlement will release the 63 Moons group from ongoing legal proceedings, allowing investors to recover a portion of their dues.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-02-13 10:22:42
The company posted a consolidated loss of Rs 16.67 crore as compared to a profit of Rs 92.72 crore a year ago.
Login & Reply Like(0) Dislike(0) Repost SpamK.J 2021-06-30 09:24:13
Best time for investment in pharma ….
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