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Mergers & Acquisitions | 17 October 2012

3i And Promoters Of Vijai Electricals Planning To Exit The Firm

by Vivek Singh
3i And Promoters Of Vijai Electricals Planning To Exit The Firm
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Promoters of Vijai Electricals along with minority stakeholder in the company, 3i are looking to exit the company.

The promoters have mandated Kotak Mahindra Capital to look for buyers.

3i Group holds below 5% stake in the company with the rest lying with the promoters. It had invested $25.8 Mn in August 2008.

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