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Private Equity | 21 July 2011

Sterling Holiday Resorts To Raise Rs 120 Cr For Expansion

by Charmi Gutka
Sterling Holiday Resorts To Raise Rs 120 Cr For Expansion
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Sterling Holiday Resorts (India) Limited is planning to raise Rs.120 Cr through preferential allotment of shares and convertible warrants, to fund expansion plans.

Rakesh Jhunjhunwala and Radhakrishna Damani are likely to buy one crore shares in the company.

Transaction Reference: Economic Times


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