Nalanda Capital sells bulk of its stake in Triveni Engineering

By Anuradha Verma

  • 17 Nov 2015
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Credit: Courtesy: Triveni Engineering

Nalanda Capital, a Singapore-based PE-style investor in public equities, has sold bulk of its stake in Triveni Engineering & Industries Ltd even as it is sitting on unrealised gains on the Noida-based sugar producer’s demerged turbine unit.Nalanda, which first invested in Triveni seven years ago, has sold around four-fifth of ......

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