Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

RP-Sanjiv Goenka's PCBL to buy Aquapharm for ₹3,800 cr

Mint Mumbai

|

November 29, 2023

RP-Sanjiv Goenka Group’s PCBL Ltd has agreed to acquire 100% stake in Pune-based Aquapharm Chemicals Pvt. Ltd for ₹3,800 crore, beating rivals Dorf Ketal and Tata Chemicals Ltd.

- Ranjani Raghavan

RP-Sanjiv Goenka's PCBL to buy Aquapharm for ₹3,800 cr

The acquisition will give PCBL, among the largest manufacturers of carbon black material in India, a crucial foothold in the specialty segments of water treatment chemicals and oil and gas chemicals.

PCBL, earlier known as Phillips Carbon Black Ltd, expects to finance the deal through a mix of internal accruals and external fundraising, the company told stock exchanges after the share-purchase agreement was signed on 28 November. The acquisition is expected to be completed in two to three months.

PCBL will acquire Aquapharm shares from the company’s founders Vimal and Dharmesh Mangwani and Nitin Desai, of Desai Brothers Ltd, the owners of Mother’s Recipe pickles brand.

Mint reported the impending sale of Aquapharm first on 2 April 2023, after the company hired investment bank Stifel to arrange the sale.

Mint Mumbai'den DAHA FAZLA HİKAYE

Mint Mumbai

Rupee rumbles

The Indian rupee on Friday slumped to a record low of about 89.60 to the US dollar, zipping past the 89 mark for the first time.

time to read

1 min

November 24, 2025

Mint Mumbai

Mint Mumbai

Claims on dubious pre-IBC deals swell

At ₹4 tn, amount matches entire sum recovered via IBC in 10 yrs

time to read

3 mins

November 24, 2025

Mint Mumbai

Mint Mumbai

'Stay invested in the stock market, everything is for the long haul'

Veteran value investor Ramesh Damani is ignoring doomsday warnings about a US tech stock correction and noises surrounding corporate earnings growth trajectory back home, staying loyal instead to his credo of long-term investments, using a bottom -up approach. He remains unconcerned about short term market corrections, advising investors to

time to read

6 mins

November 24, 2025

Mint Mumbai

CHINA HAS MINERALS, INDIA HAS ITS PEOPLE

In 1992, Chinese leader Deng Xiaoping reportedly said that if West Asia had oil, China would have rare earths.

time to read

4 mins

November 24, 2025

Mint Mumbai

Rupee may decline further as RBI has little elbow space

The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of trade on Friday.

time to read

3 mins

November 24, 2025

Mint Mumbai

Labour codes could act as an economic catalyst

If enforced as envisioned, the four codes can yield a more secure workforce and strengthen India's economy. Employers should not just comply but also focus on their collective interest

time to read

2 mins

November 24, 2025

Mint Mumbai

OYO Assets gets 125 cr fresh funds

OYO parent PRISM-backed OYO Assets has raised ₹125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, people aware of the development said.

time to read

1 min

November 24, 2025

Mint Mumbai

Will realty keep the pre-sale pace?

Listed realty firms are banking on new launches to drive pre-sales in H2FY26.

time to read

2 mins

November 24, 2025

Mint Mumbai

Mint Mumbai

How new labour codes impact your gratuity, PF

The new labour codes have overhauled how wages, gratuity, provident fund (PF), pension and other social security benefits are calculated. These changes impact employees and employers alike.

time to read

2 mins

November 24, 2025

Mint Mumbai

INDIA’S TERROR THREAT SHIFTS CLOSER HOME

Life, once in a while, throws up events that brutalise your consciousness and traumatise you for the rest of your life. The terror attacks in Mumbai on 26 November 2008, and in Pahalgam and Delhi this year top such chilling incidents.

time to read

3 mins

November 24, 2025

Translate

Share

-
+

Change font size