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of <h1>Competition Commission Approves Acquisition of Arjas Steel by Sandur Manganese & BAG Holdings, Expanding Steel Operations.</h1> The Competition Commission of India has approved the indirect controlling acquisition of Arjas Steel Private Limited and its subsidiary, Arjas Modern Steel Private Limited, by Sandur Manganese & Iron Ores Limited and BAG Holdings Private Limited. Sandur Manganese & Iron Ores Limited, a listed company, is involved in mining and production activities related to iron ore, manganese ore, ferroalloys, and coke in India. BAG Holdings, affiliated with Sandur, is a newly established company without revenue-generating activities. The acquired entities are engaged in manufacturing and selling steel products, heavy ingots, and intermediate products like billets. A detailed order from the commission will follow.
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