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Monday, June 18, 2012 - 10:12 IST
IndiaSTAR ups stake in Chennai-based Surana Industries to 21.72%
BY Bhawna Gupta
Surana has also completed conversion of all outstanding FCCBs worth $25 million issued in 2007.
IndiaSTAR (Mauritius) Ltd, a PE fund managed by Sycamore Ventures, has increased its stake in listed Surana Industries Ltd, a manufacturer and seller of iron and steel products. The financial investor converted its FCCBs ($8 million...
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