India Digest: Info Edge, SH Kelkar, Aegis, BSF in M&A; Gradiente fundraise

India Digest: Info Edge, SH Kelkar, Aegis, BSF in M&A; Gradiente fundraise

In multiple deals, Info Edge has increased its holding in Canvera Digital, SH Kelkar will acquire the flavours business of Gujarat Flavours while Infrastructure India Holdings Fund has sold a part of its stake in Aegis Logistics Ltd. Meanwhile, BASF India has decided to divest its global photo initiator business to IGM Resins and Gradiente Infotainment is raising funds by way of preferential allotment of equity shares.

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