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CCI approves proposed combination involving acquisition of 100% shareholding in SMC Power Generation Limited by Rungta Sons Private Limited

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....CI approves proposed combination involving acquisition of 100% shareholding in SMC Power Generation Limited by Rungta Sons Private Limited<BR>News and Press Release<BR>Dated:- 16-7-2025<BR><BR>The Com....

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....petition Commission of India has approved the proposed combination involving acquisition of 100% shareholding in SMC Power Generation Limited by Rungta Sons Private Limited. Rungta Sons Private Limit....

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....ed (RSPL) is a private limited company engaged in the business of mining of iron ore and manganese ore, and manufacturing of ferro alloys. SMC Power Generation Limited (SMCPGL) is a public limited co....

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....mpany primarily engaged in the business of manufacture and sale of sponge iron, steel billets, Thermo Mechanical Treatment (TMT) bars, pig iron and ferro alloys (specifically, silico manganese). The ....

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....proposed transaction involves RSPL acquiring 100% shareholding in SMCPGL (Proposed Combination). Detailed order of the Commission will follow.<BR> News - Press release - PIB....