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Private Equity | 21 March 2012    1 Comment

CLSA Acquires 7.63% Stake In Prajay Engineers

by Irfan Khan
CLSA Acquires 7.63% Stake In Prajay Engineers
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CLSA Mauritius Ltd has acquired 7.63% stake in Hyderabad based real estate company – @Prajay Limited for R5.07Cr through open market transaction.

CLSA Mauritius bought 5336134 shares at a price of R9.5 per share from Merlin Securities – subsidiary of Legatum Capital on NSE.

Mahindra Satyam Merges With Tech Mahindra

Mahindra Satyam Merges With Tech Mahindra

Satyam Computer Services Limited or Mahindra Satyam is merging with it's parent entity Tech Mahindra Limited.

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Navayuga Plan To Sell Stake In Its Power Assets

Navayuga Plan To Sell Stake In Its Power Assets

Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.

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