The Competition Commission of India (CCI) granted approvals on March 4th, 2025.
National
On March 4, 2025, the Competition Commission of India (CCI) approved the following proposals:
(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).
Main Point :- (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.
About the Competition Commission of India (CCI)
Chairperson: Ravneet Kaur
Headquarters : New Delhi
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