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Srei Infra hits the roof after subsidiary gets EoI from PE funds


Srei Infrastructure Finance hit an upper circuit of 20% at Rs 7.02 after the company said its subsidiary, Srei Equipment Finance, received expression of interest for up to $250 million capital infusion from international private equity funds.Srei Equipment Finance (SEFL) has received expression of interest (EoI) for up to $250 million capital infusion in the company from US based international private equity (PE) fund Arena Investors and Singapore s Makara Capital Partners.
SEFL said that its strategic coordination committee (SCC) chaired by Malay Mukherjee, independent director, will coordinate, negotiate and conclude discussions with the PE investors to bring the capital into the business and advise the management. Meanwhile, Ernst & Young will also be advising the committee on the proposed fund-raising exercise. ....

Malay Mukherjee , Ernst Young , Monetary Authority Of Singapore , Srei Infrastructure Finance , Srei Equipment Finance , Arena Investors , Makara Capital , Capital Partners , Monetary Authority , Capital Market , மலாய் முகர்ஜி , எர்னிஸ்ட இளம் , பண அதிகாரம் ஆஃப் சிங்கப்பூர் , ஸ்ரே உள்கட்டமைப்பு நிதி , ஸ்ரே உபகரணங்கள் நிதி , அரங்கம் முதலீட்டாளர்கள் , மகர மூலதனம் , மூலதனம் கூட்டாளர்கள் , பண அதிகாரம் , மூலதனம் சந்தை ,