The Competition Commission of India (CCI) is the regulator that promotes fair competition while preventing anti-competitive practices within the Indian economy. The CCI was established by the Competition Act of 2002, which reviews mergers, acquisitions, and other business deals to ensure that such deals do not affect competition within the Indian economy in a negative manner.
In a recent development, the Competition Commission of India has approved the acquisition of certain shareholding in Balaji Wafers Private Limited by General Atlantic Singapore BWP Pte. Ltd., according to an official release issued on March 5, 2026.
The approval clears General Atlantic Singapore BWP Pte. Ltd. to acquire shares on a fully diluted basis from the existing shareholders of Balaji Wafers as part of the proposed combination.
General Atlantic Singapore BWP Pte. Ltd. is an investment holding company incorporated under the laws of Singapore and is affiliated with investment funds managed by General Atlantic. The firm provides capital and strategic support to companies across multiple sectors, including technology, healthcare and life sciences, financial services, consumer, climate and sustainable infrastructure, as well as infrastructure and real estate.
Balaji Wafers is an Indian snack food manufacturer engaged in the production and sale of packaged foods such as salted and non-salted snacks, biscuits, ready-to-eat products and condiments. The company reported revenue of ₹6,500 crore and a net profit of ₹1,000 crore in the last financial year.
It holds an estimated 65% share of the organised snacks market across Gujarat, Maharashtra, and Rajasthan. Its portfolio includes potato chips, namkeen and bhujia.
BSE Gets SEBI Nod to Launch Derivatives on ‘SENSEX Next 30’ Index
< 1 min Read Mar 5, 2026
Indian Energy Exchange Share Price Edges Higher as February Volumes Jump 30.4%
< 1 min Read Mar 5, 2026
India Services PMI Dips to 58.1; New Business Expansion Slows
< 1 min Read Mar 4, 2026
India’s Chemical Sector: Global Share Seen Rising to 5–6% by 2030; $1 Trillion Turnover by 2040
< 1 min Read Mar 4, 2026
Indian Market Crash on March 4: Key Triggers Behind the Fall
< 1 min Read Mar 4, 2026
For android only
