September 30, 2025
Balaji Wafers Hits a Roadblock: ₹40,000 Crore Valuation Scares Away Investors in Minority Stake Sale
Balaji Wafers' plan to sell a minority stake has hit a speed bump! Investors like TPG and Temasek pulled out, unhappy with the high ₹40,000 crore valuation. Founder Chandu Virani says they're not rushing to sell at a cheaper price. Meanwhile, rival Haldiram’s big $10B deal shines bright in the background.