PE-firm Clearwater Capital Partners Ltd has acquired another 4.03% stake in Jamna Auto Industries for Rs.15 Cr through preferential allotment.
Jamna Auto has allotted 1,578,947 shares at Rs.95 per share to Clearwater Capital Partners Singapore Fund III Pvt Ltd. Clearwater held 26.29% stake before the stake purchase.
Jamna Auto manufactures auto parts and specialises in the manufacture of laminated springs for automobiles.