Rajiv Rattan, Founder & Chairman of RattanIndia, discusses the company s potential expansion into renewables fueled by cash flow from the power business. Addressing past leverage issues, the company shows promise as a turnaround candidate.
Kotak Credit Funds Invest Rs 732 crore in RattanIndia Power equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Kotak Bank arms invest Rs 732 cr in Rattanindia Power to help co reduce debt costs financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Kotak Strategic Situations India Fund II (KSSF II) and Kotak Private Credit Fund (KPCF), managed by Kotak Investment Advisors Limited (KIAL), have invested Rs 732 crore in the non-convertible debentures (NCDs) of RattanIndia Power Limited (RIPL). This investment is part of the total investment of Rs 1,125 crore by a consortium of lenders.
Kotak Investment Advisors Ltd (KIAL), the Kotak Group's alternative assets unit, has invested Rs 732 crore ($89.3 million) in publicly listed power generation company RattanIndia ..