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The Competition Commission of India (CCI) granted approvals on March 4th, 2025.

National | Dated: 08 Mar 2025

On March 4, 2025, the Competition Commission of India (CCI) approved the following proposals:

🎯 Key Highlights:

  • (i) TPG Scion Singapore Private Limited (based in Singapore) acquired a stake in Schott Poonawalla Private Limited (SPPL), which is based in Pune (Maharashtra), by buying shares from Serum Institute of India (SII) Private Limited, also based in Pune.
  • (ii) Adani Infra (India) Limited (AIIL), a subsidiary of Adani Enterprises Limited based in Ahmedabad (Gujarat), acquired a 30.07% equity stake in PSP Projects Limited (PSP Projects), also based in Ahmedabad, for Rs. 685.36 crore.
  • (iii) Ambuja Cements Limited (ACL), based in Mumbai (Maharashtra), acquired up to 72.8% stake in Orient Cement Limited (OCL), based in New Delhi (Delhi).

💡 Other Important Facts:

  • (i) Shell Deutschland GmbH, a subsidiary of the global energy company Shell Pic, based in the Netherlands, along with Shell Overseas Investments B.V., acquired 100% of Raj Petro Specialities Private Limited, based in Mumbai (Maharashtra).
  • (ii) Roquette Frères S.A., based in France, acquired the Pharma Solutions and specific product lines from the Nourish segment of International Flavors & Fragrances Inc. (IFF), based in the USA.
  • (iii) JSW (Jindal South West) Energy Limited (JSWEL), based in Mumbai (Maharashtra), acquired 100% of the shareholding in KSK Mahanadi Power Company Limited, based in Hyderabad (Telangana), for nearly Rs. 16,000 crore.

📚 Test Your Knowledge:

Which Singapore-based company recently acquired a stake in Schott Poonawalla Private Limited (SPPL)?

Correct Answer: TPG Scion Singapore Private Limited

🚀 Quick Recap:

About the Competition Commission of India (CCI)

  • Chairperson: Ravneet Kaur
  • Headquarters : New Delhi