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Kotak’s PIPE fund bets on paper manufacturer

By Ankit Doshi

  • 23 Jan 2018
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Kotak’s PIPE fund bets on paper manufacturer
Credit: Thinkstock

Kotak Private Equity, the alternative asset investment arm of private-sector lender Kotak Mahindra Bank, has picked up a stake in a paper materials manufacturer.The PE firm bought a little over 2.25 million shares, or a 1.06% stake, in Kolkata-based Orient Paper & Industries Ltd for about Rs 10 crore ($1.56 ......

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