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Irdai approves Patanjali, DS Group’s Rs 4,500-crore Magma General buyout

Posted on July 29, 2026
By Financial Express
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1 min read

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Irdai approves Patanjali, DS Group’s Rs 4,500-crore Magma General buyout

The Insurance Regulatory and Development Authority of India (IRDAI) has granted approval for Patanjali Ayurved and DS Group to acquire Magma General Insurance from Sanoti Properties for ₹4,500 crore.