Patanjali Ventures into Insurance with Magma General Acquisition Approved by IRDAI

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Business

30 July 2026 at 9:36 pm

Patanjali Ventures into Insurance with Magma General Acquisition Approved by IRDAI

HyperFast News

Summary

IRDAI has approved the acquisition of Magma General Insurance by Patanjali Ayurved and DS Group, with Patanjali becoming the promoter by acquiring 73.56% stake in the ₹4,500 crore deal.

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Patanjali Ventures into Insurance with Magma General Acquisition Approved by IRDAI | HyperFast News