India's competition regulator clears five major transactions across food, energy, fintech and telecom
On 31 October 2026 the Competition Commission of India gave its approval to five proposed deals. The transactions include the combination of Sapphire Foods India Ltd with Devyani International Ltd, Aditya Birla Renewables' purchase of Solenergi Power from Shell, Adani Energy Solutions' acquisition of IntelliSmart Infrastructure, Prosus' subsidiary buying a stake in fintech firm Navi, and French firm Vega SAS taking a 16.2% share of Vodafone Group. The regulator’s clearance removes a key hurdle for each deal to proceed.
Why it matters
The approvals allow the companies to move forward with integration and expansion plans in India, potentially increasing market share and operational scale in their respective sectors. Investors in the listed entities (e.g., Vodafone) may see the transactions reflected in future earnings and balance‑sheet changes.
Key facts
- 1The CCI cleared the merger of Sapphire Foods India Ltd with Devyani International Ltd, creating a restaurant business with over 3,000 stores and an annualised turnover of around Rs 8,000 crore. lokmattimes.com
- 2Aditya Birla Renewables received approval to acquire 100 % of Solenergi Power Private Ltd from Shell for approximately Rs 17,200 crore. tradingview.com
- 3Adani Energy Solutions was authorized to buy IntelliSmart Infrastructure Private Ltd for Rs 3,050 crore from NIIF and EESL. financialexpress.com
- 4MIH Payments Holdings BV, a Prosus subsidiary, was cleared to acquire a stake in Navi Ltd. lokmattimes.com
- 5Vega SAS obtained permission to purchase a 16.2 % stake in Vodafone Group plc. tradingview.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.