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Monday, September 24, 2012 - 11:36 IST
Sequoia Capital exits Ess Dee Aluminium with huge loss; Stock up 15%
BY Madhav A Chanchani
Sequoia Capital had started picking up stake in Ess Dee in early 2011 and increased its stake to 6.77 per cent or 2.17 million shares by September 2011.
The shares of packaging firm Ess Dee Aluminium Ltd rose over 15 per cent on Monday after Sequoia Capital India sold most of its 6.77 per cent stake in the firm on Friday. According to VCCircle estimates, Sequoia...
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