Tag: Adar Poonawalla

Poonawalla Fincorp executive vice chairman Sanjay Chamria steps down

businessnewstoday- November 23, 2021

Poonawalla Fincorp Limited (formerly Magma Fincorp) said that Sanjay Chamria has stepped down as the company’s executive vice chairman having serving as its co-founder since ... Read More

Biocon to sell 15% stake in Biocon Biologics to Serum Institute of India

pallavi123- September 16, 2021

Biocon has agreed to divest a stake of around 15% in its subsidiary — Biocon Biologics Limited (BBL) to Serum Institute Life Sciences Private Limited ... Read More

Magma Fincorp renamed as Poonawalla Fincorp Limited

businessnewstoday- July 22, 2021

Magma Fincorp, an Indian non-banking finance company (NBFC), owned by Adar Poonawalla-controlled Rising Sun Holdings, has changed its name to Poonawalla Fincorp Limited. The company ... Read More

Magma Fincorp announces joining of new CEO Vijay Deshwal

businessnewstoday- June 21, 2021

Magma Fincorp announced that Vijay Deshwal has joined the Mumbai-based non-banking financial company as the group CEO. The development follows the company’s recent appointment of ... Read More

Magma Fincorp appoints Serum Institute CEO Adar Poonawalla as chairman

businessnewstoday- June 1, 2021

The board of Magma Fincorp, a Mumbai-based non-banking financial company, has appointed Serum Institute of India CEO Adar Poonawalla as the company’s chairman. It can ... Read More

Magma Fincorp shareholders approve acquisition by Rising Sun Holdings

businessnewstoday- March 10, 2021

Magma Fincorp said that its shareholders have approved Rising Sun Holdings’ (RSHPL) acquisition of a controlling stake in the former. In February 2021, Rising Sun ... Read More

Rising Sun Holdings to acquire controlling stake in Magma Fincorp

businessnewstoday- February 11, 2021

Rising Sun Holdings (RSHPL), a company controlled by Serum Institute of India CEO Adar Poonawalla, has agreed to acquire a controlling stake in Magma Fincorp, ... Read More