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Mr. Rohan Ganapathy, Co-Chairman, CII National Committee on Space; Mr. Mallavarapu Apparao, Chairman, CII National Committee on Space; Ms. Jaya Choraria, Deputy Trade Commissioner for South Asia, UK; H.E. Mr. Antonio Bartoli, Ambassador of Italy to India; Dr. Pawan Goenka, Chairman, IN-SPACe; Dr V. Narayanan, Secretary, Department of Space; Chairman, Space Commission; and Chairman, ISRO; Mr. Shashwat Goenka, Vice President, CII; H.E. Mr. Philip Green OAM, High Commissioner of Australia to India; Mr. ISHII Yasuo, Senior Vice President, JAXA; Mr. Radha Krishnan A, Chairman and Managing Director, NSIL](https://24x7newsworld.com/wp-content/uploads/2026/09/Screenshot-2026-09-08-at-20-52-52-DSC_6125.JPG-JPEG-Image-6048-×-4024-pixels-—-Scaled-14_-360x180.avif){kind=tracking}
The Competition Commission of India (CCI) has approved acquisition of certain additional shareholding in Azure Power Global Limited by OMERS Infrastructure Asia Holdings Pte. Ltd.
The Proposed Combination envisages acquisition of certain additional shareholding in Azure Power Global Limited (Target) by OMERS Infrastructure Asia Holdings Pte. Ltd. (Acquirer) from CDPQ Infrastructures Asia Pte. Ltd.
The Acquirer is an investment entity of OMER Administration Corporation (OAC). OAC is the administrator of Ontario Municipal Employees Retirement System Primary Pension Plan (OMERS) and trustee of pension funds. OMERS is one of Canada’s largest multi-employers defined benefit pension plans with over 1,000 participating employers.
The Target is the parent entity of Azure group, which is engaged in setting up renewable energy plants, operating them and selling solar power in India.
Detailed order of the Commission will follow.
CCI approves acquisition of certain equity share capital of Great White Global Pvt Ltd by ISAF III Onshore Fund, India Special Assets Fund III, Special Situation India Fund, others and related transactions
The Competition Commission of India (CCI) has approved acquisition of certain equity share capital of Great White Global Private Limited by ISAF III Onshore Fund, India Special Assets Fund III, Special Situation India Fund, Mr. Mehul Jadavji Shah, Ms. Julie Mehul Shah and Mehul Shah HUF and related transactions.
The proposed combination pertains to-
- the proposed acquisition of 50% of the issued and paid-up equity share capital of Great White Global Private Limited (Great White) by the ISAF III Onshore Fund, India Special Assets Fund III and Special Situation India Fund (collectively, EAAA Acquiring Entities) and Mr. Mehul Jadavji Shah, Ms. Julie Mehul Shah and Mehul Shah HUF (collectively, Continuing Promoter) (including through the Great White Holdings Private Limited (Acquisition SPV), to be implemented through a series of inter-connected steps, including the subsequent merger of the Acquisition SPV with and into Great White (Great White Transaction); and
- the proposed acquisition of sole control over ITVIS Innovations Private Limited (ITVIS) by Mr. Mehul Shah (ITVIS Transaction).
The Great White Transaction and the ITVIS Transaction are collectively referred to as the Proposed Combination.
The EAAA Acquiring Entities are schemes of irrevocable and contributory determinate trusts registered with Securities and Exchange Board of India as an alternative investment fund (AIF) / scheme of an AIF, and are managed by EAAA India Alternatives Limited (EAAA) in its capacity as their investment manager. EAAA is one of India’s leading multi-strategy alternative asset management platforms and is directly controlled by entities which are wholly owned subsidiaries of Edelweiss Financial Services Limited.
The Acquisition SPV is a private limited company incorporated in India recently, solely for the purpose of implementing the Proposed Transaction.
The Continuing Promoter comprise of Mr. Mehul Shah and Ms. Julie Shah, who are Indian resident individuals, and the Mehul Shah HUF.
Great White is primarily an Indian fast-moving electrical goods (FMEG) and electrical infrastructure products company. It is also engaged in the manufacture and sale of beauty and personal care (BPC) products such as shaving blades, shaving foam, razors, shaving cream and aftershave lotion.
ITVIS is a private limited company incorporated in India and is engaged in the design, development, supply, and integration of intelligent lighting solutions, lighting automation products, smart electrical and sensor-based systems, and energy-efficient lighting technologies.
Detailed order of the Commission will follow.
CCI approves acquisition of three professional cricket franchises: Rajasthan Royals (India), Paarl Royals (South Africa) and Barbados Royals (Barbados) by Westview Cricket Ltd. and Poonawalla Sports and Fitness Pvt Ltd
The Competition Commission of India (CCI) has approved acquisition of three professional cricket franchises: (i) Rajasthan Royals (India), (ii) Paarl Royals (South Africa) and (iii) Barbados Royals (Barbados) by Westview Cricket Limited and Poonawalla Sports and Fitness Private Limited.
The proposed combination pertains to the acquisition of three professional cricket franchises, (i) Rajasthan Royals (India), (ii) Paarl Royals (South Africa) and (iii) Barbados Royals (Barbados) by Westview Cricket Limited (Westview Cricket) and Poonawalla Sports and Fitness Private Limited (Poonawalla Sports).
Westview Cricket is a company registered in the United Kingdom.
Poonawalla Sports is a private limited company incorporated in India and is wholly owned by Mr. Adar Cyrus Poonawalla.
EM Sporting Holdings Limited (EMSH) is a private company limited by shares incorporated and registered in Mauritius. It is the holding company for Royal Multisport Private Limited (RMPL), Paarl Royals Ltd., and Barbados Royals Ltd. RMPL owns and operates the Rajasthan Royals franchise, which participates in the Indian Premier League T20 cricket tournament organized by the Board of Control for Cricket in India.
Detailed order of the Commission will follow.
