CG Power board moves to remove Avantha Holdings as promoterThe promoter entities together hold only 8,574 shares in the loss-making CG.
03 Oct, 2019, 08.52 AM IST
KKR, Yes Bank and BOI AXA may take control of CG PowerThe move is aimed at cleaning some of the recently reported related party issues and re-shaping the company, which otherwise has a clean tr...
15 Mar, 2019, 09.57 AM IST
Taurus Mutual Fund drags Avantha Holdings to NCLTTaurus MF has filed winding up petition against Avantha Holdings at NCLT, New Delhi.
30 May, 2017, 10.01 AM IST
$650 million deals between US investor KKR and 4 Indian realty developersKKR, through its real estate NBFC, has extended $75 million to Lodha Developers and is seen finalising a $45-million financing deal with Ru...
02 Dec, 2016, 02.09 AM IST
Avantha Group's CG sells Canada transformer business for CAD 20 millionCG said it has sold its Canadian Power Transformer (CPT) business to PTI Holdings Corporation for an enterprise value of Canadian dollar 20...
27 Oct, 2015, 04.29 PM IST
Aion and Apollo set to exit Avantha Holdings with 35% internal rate of returnAion Capital Partners and Apollo Global Management, are set to exit their investments in Avantha Holdings, booking about Rs 550 crore in pr...
12 Aug, 2015, 04.55 PM IST
CCI approves Crompton Greaves deal after modificationsCCI has cleared Advent and Temasek's Rs 2,000 crore deal to buy stake in Crompton Greaves Consumer Electricals after the parties agreed to ...
01 Jul, 2015, 10.51 PM IST
Avantha Holdings buys 1.15 crore Crompton Greaves shares for Rs 211 croreAvantha Holdings picked up 1.15 crore shares of Crompton Greaves for a little over Rs 211 crore through open market route.
22 Dec, 2014, 09.25 PM IST
Avantha sells 8.3% stake in Crompton Greaves for Rs 1,000 croreEarlier this week, Adani Power entered into a binding agreement with Avantha group to buy out its Korba West unit for more than Rs 4,200 cr...
27 Nov, 2014, 08.59 PM IST
Crompton Greaves slips over 5% as Avantha Holdings plans to sell 7% stakeShares of engineering and consumer goods maker Crompton Greaves fell as much as 5.55 per cent after Avantha announced to sell its stake.
27 Nov, 2014, 11.41 AM IST
Avantha Holdings Ltd to sell 7% in Crompton GreavesThe stake sale is part of a proposal to reduce debt at the holding company, which earlier raised funds from two overseas private equity fun...
27 Nov, 2014, 05.34 AM IST
Avantha Holdings likely to sell 4.2 cr Cromton Greaves shares: SourcesAccording to sources, Avantha Holdings is likely to sell 4.2 crore shares in CG via block deal.
26 Nov, 2014, 05.51 PM IST
Thapar Group mulls selling Avantha Power assets to reduce debtsPeople with knowledge of the matter said officials from both sides have met to discuss the issue and that the deal is likely to involve the...
04 Nov, 2014, 04.00 AM IST
PE fund KKR to invest $100 million in Gautam Thapar-owned Avantha GroupUS-based private equity fund KKR has signed a deal to invest $100 million (Rs 630 crore) in Gautam Thapar-owned Avantha Group.
06 Feb, 2014, 04.00 AM IST
Aion, Apollo to invest Rs 960 cr into Avantha HoldingsKKR likely to give additional $100 m funding; transaction to be a structured deal linked to the equity performance of Crompton Greaves.
06 Dec, 2013, 05.15 AM IST
Avantha Group sells Solaris bromine business for $142 million to US based Chemtura CorporationAvantha Group's Solaris Chemtech has agreed to sell its bromine manufacturing and distribution business to US-based Chemtura Corporation fo...
28 Sep, 2012, 01.54 PM IST
- Promoters up Crompton Greaves stake to soothe investors
As per capital market regulations, a promoter can buy shares of his company from the stock market through the creeping acquisition route.
08 Sep, 2011, 01.44 AM IST