Karaikal Port Pvt Ltd is looking to raise private equity funding to expand capacity.
Karaikal Port located in Karaikal district of Puducherry is managed by Mumbai-based marine infrastructure firm Marg Ltd.
Marg was awarded a 30-year contract in 2006 by the Puducherry governement to develop a port at Karaikal with a capacity to load 47 MT of cargo from nine berths in three phases costing around Rs.3,300 Cr.
Trinity Capital Plc has exited Kapstone Constructions Pvt Ltd, a subsidiary firm of Mumbai-based developer Keystone Realtors Pvt Ltd, by selling its 16% stake for around Rs.90 Cr (12.6 Mn pounds). Trinity Capital had bought the stake ...
UTI Ventures Funds Management Company Private Limited, the private equity investment subsidiary of UTI Asset Management Co Pvt Ltd, has sold its stake in Ascent Capital Pvt Ltd to the management of the firm, which is headed by Raja Kumar.