Adar Poonawalla-owned Sanoti Properties has approved the sale of its insurance subsidiary Magma General Insurance (erstwhile ...

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For Adar Poonawalla, this divestment represents a strategic repositioning as he focuses on other ventures within his portfolio. The sale also reflects broader trends of consolidation within India’s ...

Adar Poonawalla owned Sanoti Properties LLP approved sale of its insurance subsidiary, Magma General Insurance, along with ...

Post the sale, Patanjali and others will hold a 98 percent stake in Magma Insurance. Adar Poonawalla holds 90 percent in Sanoti Properties, one of the entities selling its stake in the general ...

Adar Poonawalla's Sanoti Properties to sell stake in Magma Insurance for Rs 4,500 crore to Patanjali Ayurved and DS Group.

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