facebook-page-view
Advertisement

Nalanda Capital almost exits Carborundum with average returns

By TEAM VCC

  • 13 Jul 2016
Premium
Nalanda Capital almost exits Carborundum with average returns
Other | Credit: Reuters

Nalanda Capital, an India-focused PE-style investor in public equities, has sold bulk of its holding in Murugappa Group's abrasives company Carborundum Universal Ltd, pulling the plug on one of its oldest bets in the country.The investment firm sold shares worth Rs 436 crore ($65 million) through secondary market transactions on ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement