Poonawalla Fincorp executive vice chairman Sanjay Chamria steps down

Pallavi Madhiraju- November 23, 2021 0

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

Magma Fincorp shareholders approve acquisition by Rising Sun Holdings

Pallavi Madhiraju- March 10, 2021 0

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

Pallavi Madhiraju- February 11, 2021 0

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