CCI approves Haldiram group merger plan

The proposed combination involves demerger of FMCG businesses of HSPL and HFIPL (currently housed under HSPL and HFIPL and their various associates / subsidiaries), through an NCLT-approved scheme of arrangement, according to an official release.

CCI approves Haldiram group merger plan
Haldiram Snacks and Haldiram Foods International are engaged in the manufacturing and distribution of packaged foods products. Source: Haldiram's Pixabay

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