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StanChart PE makes benchmark returns from Sterlite Power Grid exit

By Keshav Sunkara

  • 30 Jan 2018
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StanChart PE makes benchmark returns from Sterlite Power Grid exit
Credit: Mukul Mudgal/VCCircle

Standard Chartered Private Equity has offloaded its entire stake in Sterlite Power Grid Ventures Ltd, marking the end of its three-and-a-half-year-old investment in the electricity transmission company.The PE arm of Standard Chartered PLC sold its 28.4% stake to Sterlite Power Transmission Ltd, the parent of Sterlite Power Grid, for Rs ......

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