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Thursday, June 28, 2012 - 19:00 IST
ChrysCap sells over 9% stake in Balkrishna Industries for $38M
BY Madhav A Chanchani & Pooja Sarkar
The PE firm has pocketed modest returns on its seven-year-old investment, as per VCCircle estimates.
Private equity firm ChrysCapital has sold off most of its 9.59 per cent stake in the public-listed Balkrishna Industries Ltd, selling over nine million shares in the largest Indian manufacturer of off-highway tyres (OHT) for Rs 217 crore...
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