ReGen raised Rs. 52-Cr from TVS Capital, M Cap

Search News

Wind turbine maker ReGen Powertech has raised Rs. 52 crore from TVS Capital and Summit FVCI, a fund advised and managed by existing investor M Cap Fund Advisors. ReGen will use the funds to upgrade the capacity at its manufacturing plant in Udaipur. While TVS Capital has invested Rs. 37 crore for a 1.95% stake, Summit FVCI has put in Rs. 15 crore for a 0.79% stake, in a deal that values the company at Rs. 1,850 crore. M Cap, through Summit, will now hold around 3% in ReGen.

 

Find Lawyer / Law Firm

Limitation period for executing a Foreign Award in India

Recently, in a landmark judgment by the Supreme Court in the case of Bank of Baroda v. Kotak Mahindra Bank, the Apex Court has determined over the limitation period applicable for executing a forei More

Legal Consultation - Consult over phone, chat or send questions

Helplinelaw can set up your session with quality and experienced lawyers to discuss and resolve your legal matters. You can avail consultation in form of sending questions, phone call or webchat discussion  More