• Sensex72586.83182.66(0.25%)
  • Nifty2202062.5(0.28%)
  • USDINR83.50.03(0.03%)
Online tarding Partner With Us
BSE Prices delayed by 5 minutes ! Prices as on   May 10, 2024 - 11:05AM   ABB India 7129.6 [ 2.01% ]ACC 2423.1 [ 0.43% ]Ambuja Cements 581.45 [ 1.24% ]Asian Paints Ltd. 2775.3 [ 2.37% ]Axis Bank Ltd. 1124.8 [ 0.86% ]Bajaj Auto 8985.35 [ 1.58% ]Bank of Baroda 261.9 [ -0.29% ]Bharti Airtel 1291.8 [ 1.27% ]Bharat Heavy Ele 274.3 [ 0.44% ]Bharat Petroleum 614.75 [ 3.79% ]Britannia Ind. 5055.5 [ -0.33% ]Cipla 1371.6 [ 0.94% ]Coal India 448 [ 1.05% ]Colgate Palm. 2814.6 [ 1.78% ]Dabur India 549.1 [ -0.63% ]DLF Ltd. 832.75 [ -0.52% ]Dr. Reddy's Labs 5899 [ 0.34% ]GAIL (India) 192.4 [ -0.36% ]Grasim Inds. 2335.9 [ -0.88% ]HCL Technologies 1316.05 [ -0.61% ]HDFC 2729.95 [ -0.62% ]HDFC Bank 1447.1 [ -0.08% ]Hero MotoCorp 4921 [ 3.34% ]Hindustan Unilever L 2345.3 [ 0.88% ]Hindalco Indus. 626 [ 1.26% ]ICICI Bank 1121.55 [ 0.54% ]IDFC L 111.35 [ -0.04% ]Indian Hotels Co 547.65 [ -0.52% ]IndusInd Bank 1410.4 [ 0.58% ]Infosys L 1420 [ -1.30% ]ITC Ltd. 431.35 [ 1.45% ]Jindal St & Pwr 931.1 [ 0.98% ]Kotak Mahindra Bank 1635.75 [ -0.40% ]L&T 3263.15 [ -0.40% ]Lupin Ltd. 1616.4 [ 2.03% ]Mahi. & Mahi 2197.2 [ -0.68% ]Maruti Suzuki India 12668.45 [ 1.22% ]MTNL 34.5 [ 0.03% ]Nestle India 2530 [ 0.70% ]NIIT Ltd. 98.35 [ -0.51% ]NMDC Ltd. 253.5 [ 0.18% ]NTPC 352.65 [ 1.92% ]ONGC 268.75 [ 1.15% ]Punj. NationlBak 122.6 [ 0.45% ]Power Grid Corpo 301.25 [ 1.74% ]Reliance Inds. 2781.3 [ -0.20% ]SBI 821.05 [ 0.17% ]Vedanta 402.75 [ 2.07% ]Shipping Corpn. 204.6 [ -0.99% ]Sun Pharma. 1506.8 [ 0.90% ]Tata Chemicals 1051.9 [ 0.72% ]Tata Consumer Produc 1082.5 [ -0.02% ]Tata Motors 1036.9 [ 0.66% ]Tata Steel 163.3 [ 0.80% ]Tata Power Co. 413.1 [ -0.13% ]Tata Consultancy 3925.25 [ -0.88% ]Tech Mahindra 1266.1 [ -0.11% ]UltraTech Cement 9430.95 [ -0.16% ]United Spirits 1213.85 [ 1.61% ]Wipro 454.95 [ 0.00% ]Zee Entertainment En 132.2 [ 0.15% ]
BSE

MARKETS

News Details

( As on 16/04/2024 22:16)

CCI approves acquisition of stake in PAMP Technologies and MMTC PAMP India Private Limited by PAMP Ventures SA

The Competition Commission of India (CCI) has approved acquisition of stake in PAMP Technologies (India) Private Limited and MMTC PAMP India Private Limited by PAMP Ventures SA

The proposed combination relates to the acquisition by PAMP Ventures SA (PAMP Switzerland/Acquirer) of:

a) 100% of the share capital of PAMP Technologies (India) Private Limited (PAMP Technologies); and

b) 72.65% of the share capital (on a fully diluted basis) of MMTC PAMP India Private Limited (MMTC PAMP)

Proposed combination is an internal group restructuring through which MKS PAMP Group Limited (ultimate parent entity of the MKS PAMP Group) is transferring its indirect shareholdings in the Targets i.e. PAMP Technologies and MMTC PAMP to the Acquirer.

PAMP Switzerland: It is a holding company and does not undertake any operational activities on its own.

PAMP Technologies: It captively provides IT services to only MKS PAMP Group companies.

MMTC PAMP: It is engaged in the business of refining gold and silver. It also sells gold and silver products such as coins and bars.