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Private Equity | 17 April 2012

Cresta Fund Divests 5% In Assam Company India

by Charmi Gutka
 
@charmi
Cresta Fund has divested 5% stake in @Assam_Company_I Limited through market sale for R11.15Cr.

The fund sold 15,488,048 shares of Assam Company at R7.20 on the NSE to Dune Leasing and Finance Ltd. As on Dec 2011, it held 8.72% (27 Mn shares) in the company.

BCCL Invests In Cerebra Integrated Technologies

Bennet Coleman & Co Ltd has invested R1.08Cr in Cerebra Intergrated Technologies Limited through convertible warrants.

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Exova Group Buys Metallurgical Services

Edinburgh based testing, calibration and advisory services provider Exova Group Plc has acquired Mumbai’s Metallurgical Services Private Limited for an undisclosed amount. The buy expands the company’s presence in the country and enhances its offerings in the Asian continent.

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