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Private Equity | 21 March 2012

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 Engineers Syndicate 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

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

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Vikram Upadhyaya ropes in Ex- President of PIMCO Japan and WiL; to launch a INR 350 cr VC Fund for Indian startups

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Mr. Makoto Takano, ex-President of PIMCO Japan Ltd., the world’s biggest asset management firm, joins Gurgaon-based Green House Ventures (GHV) Accelerator as a Board Member.

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