Acquiring Company
Rudra Gas Enterprise Ltd
Acquired Company
DS Pipeline Projects Ltd
Description
Rudra Gas Enterprise Ltd is set to acquire a 71% stake in DS Pipeline Projects Ltd for ₹18.38 crore. This acquisition aims to enhance Rudra's footprint in the gas pipeline sector. The deal involves the purchase of 87.54 lakh equity shares, allowing for significant control over DSPL. The transaction is expected to close on August 4, 2026.
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M&A Insights
Based on deal dataFrequently asked
Who acquired DS Pipeline Projects Ltd?
DS Pipeline Projects Ltd was acquired by Rudra Gas Enterprise Ltd. The deal was reported on August 19, 2026. Rudra Gas Enterprise Ltd is involved in the gas pipeline business. The company seeks to diversify and expand its operations through acquisitions. It focuses on creating infrastructure for gas distribution. Rudra Gas Enterprise Ltd is privately held and operates in Energy.
When did Rudra Gas Enterprise Ltd acquire DS Pipeline Projects Ltd?
Rudra Gas Enterprise Ltd's acquisition of DS Pipeline Projects Ltd was reported on August 19, 2026. Rudra Gas Enterprise Ltd is set to acquire a 71% stake in DS Pipeline Projects Ltd for ₹18.38 crore. This acquisition aims to enhance Rudra's footprint in the gas pipeline sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DS Pipeline Projects Ltd do?
DS Pipeline Projects Ltd specializes in laying high-pressure steel gas pipelines in urban areas. The company focuses on medium-density polyethylene pipelines and PNG connections. It operates within the gas pipeline sector. It is privately held, operating in Energy.