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…