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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Arvind01 2025-05-19 13:59:53
The company’s subsidiary, Crosslay Remedies, has finalized a sale deed to acquire a 4,000 square meter plot of land, including the existing building on it, situated next to Max Super Speciality Hospital in Vaishali, for ₹120 crore. This strategic move will enable the hospital to expand by adding around 140 beds over the next 30 months.
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The stock reached an all-time high at 999 levels and closed around the same, indicating bullish sentiments. The current close confirms a daily rounding bottom formation breakout at 980 levels on a closing basis.
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