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Mergers & Acquisitions | 17 October 2012    6 Comment

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

by Vivek Singh
 
@vivek
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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