
Patanjali, DS Group buy Magma Insurance at Rs 4,500 crore valuation
Yog guru Baba Ramdev and Patanjali Ayurved’s Managing Director Acharya Balkrishna (ANI Photo) MUMBAI: The board of Magma General Insurance has approved a share purchase agreement under which Patanjali Ayurved and several foundations will acquire a controlling stake in the company. The agreement, finalised on March 12, involves the transfer of equity shares from existing…