CCI Recently Approves Key Acquisitions by BREP Asia, Havells India, and Goldi Sun.

Banking & Finance

On June 10, 2025, the Competition Commission of India (CCI) approved the following major acquisition proposals:


      - The CCI approved the acquisition of 40% shareholding in Kolte-Patil Developers Limited, a Pune (Maharashtra)-based real estate company (Target), by BREP Asia III India Holding Company VII Private Limited, a Singapore-based investment firm (Acquirer). The deal is valued at approximately Rs. 1,167 crore.

     

     

Main Point :-   (i) The CCI granted approval to Havells India Limited (HIL), headquartered in Noida, Uttar Pradesh (UP), for the acquisition of less than 10% of the equity share capital of Goldi Solar Private Limited, a renewable energy company based in Surat, Gujarat (Target).

      (ii) The CCI also approved the 100% acquisition of partnership interest in Vama Inverters LLP and Goldi Energy LLP (both based in Surat and collectively referred to as Targets) by Goldi Sun Private Limited, headquartered in Mumbai, Maharashtra.


About Competition Commission of India (CCI)

Chairperson : Ravneet Kaur
Headquarters: New Delhi
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