GMR Infrastructure settles with private equity investors at Airport business

GMR Infrastructure (GIL) has received the consent award from the arbitral tribunal based on the settlement agreement signed by it with private equity investor’s namely SBI Macquarie, Standard Chartered Private Equity, JM Financial Old Lane and others (Investors), which had invested an amount of Rs 14.78 billion in the form of Compulsorily Convertible Preference Shares … Read more

Marico sells entire equity investment in Bellezimo

The company has sold back its entire equity investment in Bellezimo amounting to Rs 1.6 crore to the Promoter of Bellezimo Marico has sold back its entire equity investment in Bellezimo Professionale Products amounting to Rs 1.6 crore to the Promoter of Bellezimo. Earlier in October 2015, the company had made investment in equity share … Read more

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