Eredene Capital has signed an indicative term sheet to sell its stakes in @Gopi_Resorts
Pvt Ltd and @Matheran
Pvt Ltd. It is selling its stake for a single up-front payment of £7.2 Mn (R62.5 Cr) in both the firms, BL stated.
Eredene had earlier announced that it would not make investments in new projects in India and that it would seek to realise its present investments.