Top mergers and acquisitions in India in March 2026
Every verified merger and acquisition involving India in this period, ranked by disclosed value. Updated every morning.
We tracked 5 deals involving India in March 2026, 4 of them with a disclosed value, worth $1.6bn in total. The largest was Indorama Ventures PCL (via Indovida India)'s $1.2bn deal for EPL Limited, ahead of KKR (Global Climate Transition strategy) and Allfleet India (majority) and PMI Electro Mobility Solutions (minority) at $310m.
Top mergers and acquisitions in India in March 2026
- 129 MarIndorama Ventures PCL (via Indovida India) → EPL LimitedEPL agrees merger with Indorama's Indovida, ceding control to Thai groupMaterials / PackagingIn review$1.2bn
- 218 MarKKR (Global Climate Transition strategy) → Allfleet India (majority) and PMI Electro Mobility Solutions (minority)KKR commits up to $310m to Indian e-bus platform AllfleetTransport / Electric bus fleetsAgreed$310m
- 32 MarQBE Insurance Group Limited → Raheja QBE General Insurance Company Limited (51% stake)QBE agrees Rs324 crore deal to take full ownership of Raheja QBEFinancials / InsuranceCompleted$35m
- 429 MarCMS Info Systems Limited → Financial Software and Systems' ATM managed services businessCMS Info Systems buys FSS's ATM managed services arm for up to Rs115 croreFinancials / Payments infrastructureAgreed$12m
- 55 MarThe Estée Lauder Companies Inc. → Forest EssentialsEstée Lauder agrees to take full control of Forest EssentialsConsumer / BeautyAgreedUndisclosed