The Competition Commission of India (CCI) has recently approved the acquisition of certain equity share capital in Nash Industries (I) Private Limited by ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Limited, collectively referred to as the acquirers.

The proposed combination involves the collective acquisition by the three investors, all of which are private equity entities belonging to the ChrysCapital Group with investments spanning multiple sectors.

Nash Industries (I) Private Limited is engaged in box build solutions and metal stamping, encompassing the design, manufacture, assembly and supply of metal, electrical and electronic components, sub-components and sub-assemblies. The company serves customers across a wide range of sectors, including automotive, banking hardware, electrical and power protection, data centres, defence and aerospace, alternate energy, IT and AI-related hardware, healthcare products and gaming.

The detailed order of the Commission is expected to be issued separately.