Key Takeaways from Macro Tech Developers Acquisition:

• Macrotech Developers to acquire stakes in three digital infrastructure companies for Rs 307 crore.
• The deals are with Bain Capital for Bellissimo Digital Infrastructure, Palava Induslogic 4, and Bellissimo In City FC Mumbai 1.
• Macrotech will acquire 30% in Bellissimo Digital for Rs 22 crore, 33.33% in Palava Induslogic 4 for Rs 189.88 crore, and 33.33% in Bellissimo In City FC Mumbai 1 for Rs 95.12 crore.
• The acquisitions align with Macrotech’s strategy to expand its LILP brand in digital infrastructure.

Macrotech in a filing revealed that it had signed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) to acquire their interests in Bellissimo Digital Infrastructure Development Management Private Limited, Palava Induslogic 4 Private Limited and Bellissimo In City FC Mumbai 1 Private Limited. The total consideration for these acquisitions is Rs 307 crore.

These acquisitions are aligned with Macrotech’s strategy to expand its digital infrastructure portfolio, particularly in the industrial and logistics sectors, under its Lodha Industrial and Logistics Park (LILP) brand.

For Bellissimo Digital Infrastructure, Macrotech will acquire a 30% equity stake and other securities from Bain Capital for Rs 22 crore. For Palava Induslogic 4, Macrotech will acquire a 33.33% equity stake and other securities from Bain Capital for Rs 189.88 crore. In the case of Bellissimo In City FC Mumbai 1, Macrotech will acquire a 33.33% equity stake and other securities from Bain Capital for Rs 95.12 crore. 

About Macro Tech Developers Limited:

Lodha is a renowned leader in Indian real estate, with over four decades of experience in crafting world-class residential and commercial developments. Driven by a legacy of excellence, the company focuses on delivering unmatched quality and scale while raising expectations in the industry. Lodha is committed to sustainability, employing innovative designs and practices to minimise its environmental impact. With a presence across major cities like Mumbai, Pune, Bengaluru, and London, Lodha has delivered over 65,000 homes and continues to shape the future of real estate with visionary leadership and a relentless commitment to customer satisfaction.

Key Takeaways from Medanta’s New Hospital:

• Medanta to manage a 750-bed super-speciality hospital in Pitampura, New Delhi.  
• Over 30 specialties including cardiology, oncology, and robotic surgeries.  
• To invest Rs 600 crore in infrastructure and equipment.  
• Located on a 7-acre site with excellent connectivity.

The hospital will be developed in partnership with the Dr Narayan Dutt Shirmali Foundation International Charitable Trust Society and is expected to begin operations in around four years, pending necessary approvals.

As part of the agreement, Medanta will invest approximately Rs. 600 crore in internal fit-outs, medical equipment, and other hospital infrastructure. Medanta will oversee the day-to-day operations of the hospital, which will offer over 30 super-specialties, including cardiology, oncology, orthopaedics, neurology, and advanced robotic surgeries. 

The hospital will be located on a 7-acre site with good connectivity to the Outer Ring Road and nearby residential areas, allowing Medanta to serve the growing healthcare needs of the region.

About Global Health Limited:

Medanta, founded by Dr Naresh Trehan, is one of India's largest multi-speciality tertiary care providers. Known for delivering advanced, affordable medical services, Medanta's mission is to offer world-class, patient-centric healthcare. It has been recognised as the best private hospital in India for four consecutive years (2020-2023) and was ranked among the top 250 global hospitals in 2023 by Newsweek. Medanta’s core values focus on patient care, leadership, integrity, and innovation. The institution emphasises collaboration, learning, and continuous improvement to provide holistic, quality healthcare while fostering a culture of knowledge development and patient-first care.

Key Takeaways from Polycab’s Project Bid:

• Polycab India has emerged as the lowest bidder (L1) for BSNL's Middle Mile Network project under the BharatNet initiative.
• The contract, worth Rs 1,549.66 crore, covers the Bihar region as part of Package 7.
• The project includes the design, build, operation, and maintenance of the network for three years, followed by a 10-year maintenance phase.
• Polycab's bid follows another successful bid for Package 4 (Karnataka, Goa, and Puducherry), with a combined value of Rs 5,649.36 crore for both packages.

The contract, valued at Rs 1,549.66 crore, covers the Bihar region as part of the project’s Package 7.

The project will involve the design, build, operation, and maintenance of the network for three years, with a subsequent 10-year maintenance phase. 

Polycab's bid follows another successful submission for Package 4 (covering Karnataka, Goa, and Puducherry), announced on the same day. The total value of the two packages combined amounts to Rs 5,649.36 crore.

About Polycab India Limited:

Polycab India Limited is India’s leading manufacturer of Wires and Cables and a prominent player in the Fast-Moving Electrical Goods (FMEG) sector. The company offers a wide range of innovative and energy-efficient products, including fans, lighting, water heaters, switches, switchgear, solar panels, and home automation solutions. Polycab's vision, ‘Ideas. Connected.' reflects its commitment to simplifying lives and connecting customers to a brighter future through quality and innovation. With 28 manufacturing facilities across India and a global presence in over 70 countries, Polycab continues to expand its market share, ensuring high-quality products that meet both national and international standards.

About Bharat Sanchar Nigam Limited:

Bharat Sanchar Nigam Limited (BSNL) was established on 15th September 2000 through the corporatisation of the Department of Telecom Services. A 100% Government of India-owned public sector undertaking, BSNL provides a wide range of telecom services, including wireline, mobile, broadband, and Wi-Fi services across India, excluding Delhi and Mumbai. The company operates a vast network, serving over 100 million customers with advanced 2G, 3G, and 4G technologies. BSNL’s mission is to be India’s leading telecom service provider, offering affordable and innovative services while focusing on customer care, and technology, and contributing to national development through initiatives like the National Optical Fibre Network (NOFN).

Key Takeaways from Macro Tech Developers Acquisition:

• Macrotech Developers to acquire stakes in three digital infrastructure companies for Rs 307 crore.
• The deals are with Bain Capital for Bellissimo Digital Infrastructure, Palava Induslogic 4, and Bellissimo In City FC Mumbai 1.
• Macrotech will acquire 30% in Bellissimo Digital for Rs 22 crore, 33.33% in Palava Induslogic 4 for Rs 189.88 crore, and 33.33% in Bellissimo In City FC Mumbai 1 for Rs 95.12 crore.
• The acquisitions align with Macrotech’s strategy to expand its LILP brand in digital infrastructure.

Macrotech in a filing revealed that it had signed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) to acquire their interests in Bellissimo Digital Infrastructure Development Management Private Limited, Palava Induslogic 4 Private Limited and Bellissimo In City FC Mumbai 1 Private Limited. The total consideration for these acquisitions is Rs 307 crore.

These acquisitions are aligned with Macrotech’s strategy to expand its digital infrastructure portfolio, particularly in the industrial and logistics sectors, under its Lodha Industrial and Logistics Park (LILP) brand.

For Bellissimo Digital Infrastructure, Macrotech will acquire a 30% equity stake and other securities from Bain Capital for Rs 22 crore. For Palava Induslogic 4, Macrotech will acquire a 33.33% equity stake and other securities from Bain Capital for Rs 189.88 crore. In the case of Bellissimo In City FC Mumbai 1, Macrotech will acquire a 33.33% equity stake and other securities from Bain Capital for Rs 95.12 crore. 

About Macro Tech Developers Limited:

Lodha is a renowned leader in Indian real estate, with over four decades of experience in crafting world-class residential and commercial developments. Driven by a legacy of excellence, the company focuses on delivering unmatched quality and scale while raising expectations in the industry. Lodha is committed to sustainability, employing innovative designs and practices to minimise its environmental impact. With a presence across major cities like Mumbai, Pune, Bengaluru, and London, Lodha has delivered over 65,000 homes and continues to shape the future of real estate with visionary leadership and a relentless commitment to customer satisfaction.