CCI approves two acquisitions involving Arjas Steel, Suven Pharmaceutical

The Competition Commission of India (CCI) has approved two major acquisitions involving Arjas Steel Private Limited (ASPL) and its wholly owned subsidiary, Arjas Modern Steel Private Limited (AMSPL). The acquisition will be carried out indirectly by The Sandur Manganese & Iron Ores Limited (SMIORE) and BAG Holdings Private Limited (BHPL), as per an official statement by CCI.