Earlier CVCI had backed and later exited JBF and its overseas arm.
IFC still holds 4.69 per cent stake in the company.
Agile Electric is also the promoter of public listed Igarashi Motors.
It acquired majority stake in the firm four years ago.
The transaction is expected to be closed by the end of August 2015.
Very well explained.
It is time to pose for some time and let there be a consolidation of this space...... There is going to be number...
IT IS VERY INTERESTING TO NOTE THAT US $ 50 M SIZE IS CATEGORIZED AS START-UP INVESTMENT......
Great article. Agree with the authors that further checks and conditions should be imposed in the long termfor...