CCI approves acquisition of majority stake in SMW Ispat Private Limited by OFB Tech Private Limited

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..... CCI approves acquisition of majority stake in SMW Ispat Private Limited by OFB Tech Private Limited - News and Press Release Dated:- 19-5-2022 - News - The Competition Commission of India (CCI) appr .....

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..... oves acquisition of majority stake in SMW Ispat Private Limited by OFB Tech Private Limited. The proposed combination envisages acquisition of majority stake in SMW Ispat Private Limited ( SMW Ispa .....

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..... t ) by OFB Tech Private Limited ( OFB Tech ). OFB Tech, a private limited company, is engaged in the business of wholesale trading of bulk raw materials such as steel, non-ferrous metals, industria .....

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..... l chemicals and petroleum derivatives, agri-commodities to facilitate transactions between businesses through its online or offline channels. SMW Ispat, a private limited company, is engaged in the .....

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..... business of manufacturing products such as TMT steel bars and steel billets. Detailed order of the CCI will follow. - News - Press release - PIB Tax Management India - taxmanagementindia - taxm .....

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..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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