what situation the company is in (if the situation is really that bad) he would have for sure divested stake / asset in Karaikal Port and the Junction mall to TPG and Shriram Properties respectively. Agreed that Marg is in Debt Problem – But I don’t think the situation is that bad as it is being showed
1.23 PM Jun 30th 2014
Source:VC Circle - Last year, Piramal Enterprises acquired approximately 10 per cent stake in Shriram Transport Finance Company for $307 million from private equity major TPG. Ajay Piramal-led Piramal Enterprises Ltd has completed the acquisition of close to 10 per cent ...
4.05 PM Jun 5th 2014
Source:NDTV Profit - Mumbai: Allied Blenders & Distillers (ABD), which owns the largest selling mass-whisky Officer's Choice, will divest an up to 12 per cent of its stake to two overseas PE players - TPG and Carlyle Capital - for about $250 million (Rs 1,500 crore at 1
4.16 PM May 22nd 2014
TPG still owns 10% in Shriram Capital according to the Moneycontrol interview given, and RT mentioned they will probably not exit anytime soon. The interview also clearly mentioned a 10% fresh issue. There is good understanding between all three - RT (Shriram Ownership Trust), Sanlam, and Piramal
12.30 PM Apr 22nd 2014
Source:VC Circle - TPG is estimated to be sitting on 18.5 per cent unrealised gains on its three year old investment in Shriram Capital. Piramal Enterprises Ltd is buying 20 percent stake in Shriram Capital Ltd for Rs 2,014 crore ($334 million) expanding its presence in
1.48 PM Apr 17th 2014
projections that he would build a book of 5000 crores in nbfc and a similar book in structured investments. Now the NBFC foray is junked. Now he will probably put 4000 crores in sriram and replace TPG. So effectively he will be a strategic investor in sriram with an independant management. The difference
7.43 PM Feb 18th 2014
to ride with sriram group as its strategic investor for its financial services foray. Dont now how to look at this. Piramal will now become a holding company in Sriram group replacing TPG. So Sriram group will be owned by the Trust , Sanlam group and Piramal in roughly equal ratios with an independant
9.48 PM Feb 16th 2014
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