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Private Equity | 17 April 2012

Cresta Fund Divests 5% In Assam Company India

by Charmi Gutka
Cresta Fund Divests 5% In Assam Company India
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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

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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Strides Arcolab Divests Stake In Biotech Project Stelis Biopharma To GMS Holding

Strides Arcolab Divests Stake In Biotech Project Stelis Biopharma To GMS Holding

Along with the merger of Shasun Pharmaceutical with itself, Strides Arcolab also announced the induction of a strategic partner in its greenfield biotech project, Stelis Biopharma. As per the deal GMS Holding will pick up 25.1%s stake in the biotech arm infusing $8.5Mn.

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Private Equity in Fruit & Vegetable Processing AND Food FMCG
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