CCI Approves General Atlantic's Stake Purchase in Balaji Wafers

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

CCI Clears General Atlantic's Stake in Balaji Wafers

Balaji Wafers reported a profit of Rs 579 crore in FY24, with revenues rising 11% year-on-year to Rs 5,453 crore.

S

Storyboard•05-03-2026, 11:28

CCI Clears General Atlantic's Stake in Balaji Wafers

•Competition Commission of India (CCI) approved General Atlantic Singapore BWP Pte. Ltd.'s acquisition of shares in Balaji Wafers Private Limited.
•General Atlantic Singapore BWP is an investment holding company affiliated with global growth equity firm General Atlantic.
•Balaji Wafers, an Indian snack food manufacturer, reported Rs 6,500 crore revenue and Rs 1,000 crore net profit last fiscal year.
•The company holds an estimated 65% share in the organized snacks market across Gujarat, Maharashtra, Rajasthan, ranking third nationally.
•Balaji Wafers maintains a low-overhead model, spending only 4% of revenue on advertising, enabling reinvestment and competitive pricing.

Read Full Article on Storyboard in English

✦

More like this

✦

More like this

Bikaji Foods Acquires Petunt Food for Rs 8 Crore, Gains Full Control

Representational image (Image: News18)

Bikaji Foods International Infuses Rs 40 Cr into Subsidiary BFRL for Major Expansion

Bulk Deals on March 12

Smallcap World Fund Boosts Shaily Engineering Stake by 2% for Rs 177 Cr

Friday, January 23 | Adani Green Energy, Atul, BEML Land Assets, BPCL, Cipla, DCB Bank, Gandhar Oil, GCPL, Granules India, India Cements, IndusInd Bank, JSW Steel, Innova Captab, Kirloskar Pneumatic, Laurus Labs, MCX, Nuvama Wealth Management, Piramal Finance, Shriram Finance, Sona BLW, Stylam Industries, Urban Company.

BPCL Establishes Singapore Arm for Global Energy Trading Expansion

KEC International | The stock could rise up to levels of ₹1,030 in the next 12 months, according to Axis Capital, which implies a potential upside of 20% from current levels. With a well-diversified and robust order book, along with an L1 position, KEC International has healthy revenue visibility for the next 18-24 months, Axis Capital said, adding that the government's emphasis on T&D, focus on civil and urban infrastructure, bodes well for the company going forward.

KEC International bags ₹1,476 Cr orders, wins largest Saudi project

Carlsberg Eyes $700 Million India IPO, Taps JPMorgan, Citi, Kotak

Carlsberg Eyes $700 Million India IPO, Taps JPMorgan, Citi, Kotak