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Prataap Snacks to offload 26% stake

The Morning Standard

|

October 12, 2024

AUTHUM Investment & Infrastructure and Mahi Madhusudan Kela, who bought the 47% stake of private equity (PE) firm Peak XV (formerly Sequoia Capital) in Prataap Snacks (PSL) on Friday submitted a draft letter to the stock exchange to launch the mandatory open offer for acquiring an additional 26.01% stake.

"This offer is being made by the Acquirer along with the PAC to the Public Shareholders to acquire up to 62,98,351 equity shares representing 26.01% of the voting share capital (offer size), at an offer price of ₹864 per equity share (offer price) determined in accordance with the provisions of S

The Morning Standard からのその他のストーリー

The Morning Standard

Ball in West's court, Putin says in annual TV address

RUSSIAN President Vladimir Putin said on Friday Russia would not attack other countries on the condition it was treated “with respect”, dismissing concerns that Moscow poses a security threat to NATO’s eastern flank states.

time to read

1 min

December 20, 2025

The Morning Standard

Bondi attack accused renewed passport in Hyderabad in ’22

SAJID Akram, one of the accused in the Bondi Beach attack in Australia, renewed his passport during a visit to Hyderabad in July 2022, a source told this newspaper.

time to read

1 min

December 20, 2025

The Morning Standard

... In MP, 41.80L set to be removed from voter list

First phase of SIR over, draft of electoral rolls to be out on Dec 23

time to read

2 mins

December 20, 2025

The Morning Standard

RBI okays risk-based deposit insurance framework

THE Central Board of Directors of the RBI on Friday approved risk-based deposit insurance framework for banks.

time to read

1 min

December 20, 2025

The Morning Standard

The Morning Standard

INDIAN MEN FS WRESTLERS MAY HAVE A RUSSIAN COACH

FORMER Russian wrestler Anatoly Beloglazov, the 1980 Moscow Olympics 52kg gold medallist, looks set to take over as foreign wrestling coach of the Indian men’s freestyle unit.

time to read

1 mins

December 20, 2025

The Morning Standard

The Morning Standard

Medical student from Valley missing in Russia

A 21-year old man from Jammu and Kashmir’s Reasi district, Gaurav Singh Nag, who was studying MBBS in Russia, has gone missing since December 10.

time to read

1 min

December 20, 2025

The Morning Standard

The Morning Standard

Manjhi ‘clears the air’ in video, says managed to swing votes via DM

A video claiming to show Union minister and Hindustani Awam Morcha (HAM) leader Jitan Ram Manjhi speaking about influencing an election result went viral on Friday, sparking an uproar among opposition parties.

time to read

1 mins

December 20, 2025

The Morning Standard

CONG KEEPS G-RAM-G PLAN for CWC MEET

THE Congress on Friday said it will strongly oppose any move to scrap MGNREGA, with Leader of Opposition in the Lok Sabha Rahul Gandhi accusing the Modi government of dismantling the rights-based law.

time to read

1 min

December 20, 2025

The Morning Standard

EU agrees 90-bn-euro loan for Ukraine to plug budget shortfall

EUROPEAN

time to read

1 mins

December 20, 2025

The Morning Standard

The Morning Standard

Jaishankar says India-EU FTA reaches decisive phase

Defence and security cooperation in focus

time to read

1 mins

December 20, 2025

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