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CCI approves acquisition of additional stake in Mukand by Bajaj Group entities

21 Jul 2021 Evaluate

The Competition Commission of India (CCI) has approved acquisition of certain equity shareholding of Mukand by Bajaj Group entities. The proposed transaction envisages the acquisition of up to 16.57 per cent of the equity share capital of Mukund by the acquirers -- Bajaj Sevashram, Bachhraj and Company, Bachhraj Factories and Sanraj Nayan Investments -- all part of the Bajaj Group of companies, from the sellers.

Mukand is a multi-division, multi-product conglomerate involved in the manufacture of specialty steel long products and heavy machinery.

Mukand Share Price

130.15 -0.55 (-0.42%)
09-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 187.80
JSW Steel 1224.40
Steel Authority 165.85
Jindal Stainless 708.80
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