Triveni Engineering & Industries Ltd., a leading conglomerate in sugar production, high-speed gears, and water management, has announced a strategic acquisition, purchasing an additional 36.34% stake in Sir Shadi Lal Enterprises Limited (SSEL) for a total of ₹44.83 crore. This acquisition was executed at ₹235 per equity share and, as a result, Triveni’s total holding […]
In a strategic move set to reshape the engineering sector, Pitti Engineering Limited (PEL) has announced its decision to acquire 100% equity share capital of Bagadia Chaitra Industries Private Limited (BCIPL) for an Enterprise Valuation of ₹124.92 crores. This landmark deal, pivotal for PEL’s expansion strategy, marks a significant step towards broadening its manufacturing capabilities […]
