Patanjali News Archives

Patanjali’s Rs 4,500 Crore Insurance Deal Gets IRDAI Nod: Here’s What It Means

Last Updated:July 30, 2026, 6:54 PM IST IRDAI has approved the proposed acquisition of Magma General Insurance shares by a Patanjali-led consortium, allowing the buyer group to move ahead with ownership transfer process. Baba Ramdev IRDAI has approved Patanjali Ayurved-led consortium’s proposed acquisition of Magma General Insurance, paving the way for the completion of the…

Patanjali Group will buy Magma General Insurance Company: Got approval from IRDAI, deal was signed in March 2025; The process will be completed in 3 months

DainikNews Live Admin14 hours ago03 mins

Patanjali Ayurveda and Dharampal Satyapal Group have received approval from insurance regulator IRDAI to buy stake in Magma General Insurance. The company gave this information in its stock exchange filing on Wednesday. According to media reports, this deal has been done for approximately Rs 4,500 crore. The regulator has given the green signal to this…