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The Competition Commission of India approved Katsura Investments' acquisition of up to 40% equity in Varmora Granito Private Limited and related entities, along with Varmora Granito's acquisition of ownership in Renite and Simola.
“The CCI approved the proposed combination pertaining to: (i) the Katsura Investments’ s (Acquirer) acquisition of up to 40% equity shareholding in the Varmora Granito Private Limited (Target) on a fully diluted basis along with acquisition of certain rights in the Target and certain other Target Ent”pib.gov.in
Summarized from public sources; check the original articles before acting on it.