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TMI BlogCCI approves acquisition of certain stake of Lenskart Solutions Private Limited by Kedaara Capital Fund III LLPX X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves acquisition of certain stake of Lenskart Solutions Private Limited by Kedaara Capital Fund III LLP - News and Press Release Dated:- 4-10-2023 - News - The Competition Commission of Indi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a (CCI) has approved acquisition of certain stake of Lenskart Solutions Private Limited (Target) by Kedaara Capital Fund III LLP (Acquirer). The proposed combination relates the acquisition of appr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oximately 1.74% of the issued share capital on a fully diluted basis of Lenskart Solutions Private Limited by Kedaara Capital Fund III LLP. Acquirer is a private equity fund, registered with the Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... curities and Exchange Board of India as a Category II Alternative Investment Fund, and is engaged in the activity of investing in companies. Target is a private limited company incorporated in Indi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a. In India, the Target undertakes the following businesses: (i) manufacture of eyewear products, including eyeglasses, sunglasses and eyewear accessories and sale (including by way of retail) of such ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... manufactured products etc.; and (ii) wholesale trading of eyewear products. Detailed order of the CCI will follow. - News - Press release - PIB Tax Management India - taxmanagementindia - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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