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Friday, July 13, 2012 - 11:02 IST
SKS Microfinance opens QIP; WestBridge buys shares through preferential allotment
BY TEAM VCC
A fund managed by WestBridge Capital, an existing investor in SKS, has picked up approximately 5.7% stake for Rs 33.55 crore.
Troubled microfinance company SKS Microfinance Ltd is raising Rs 33.55 crore through a preferential allotment to a fund managed by the existing investor WestBridge Capital Partners. SKS Microfinance, which is also mobilising funds through a qualified institutional placement,...
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