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Kotak PE part-exits Diamond Power at huge loss

By Anuradha Verma

  • 09 Mar 2016
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Kotak PE part-exits Diamond Power at huge loss
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Kotak Private Equity, the alternative investment arm of Kotak Mahindra Bank, has part-exited electrical equipment maker Diamond Power Infrastructure Ltd by selling more than a third of its stake through open market transactions.Kotak PE had invested Rs 63 crore ($14 million then) in Diamond Power in mid-2010. It had picked ......

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