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
A mumbai based engineering firm with a small small VC investment in 2006, now leaping towards 400Cr + sales.
Rajeswari Infrastructure is planning to raising $5 Mn in FDI for its new residential projects in Chennai - Trillium.