IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd, has divested its stake in a real estate project that it had backed more than a decade ago and got stuck in a legal tangle. IL&FS PE has sold its stake in DB (BKC) Realtors Pvt. ......
IL&FS PE exits legacy real estate portfolio firm with puny returns
By Swet Sarika
- 17 Jul 2020