The company expects to induct an equity partner in Sree Jayajothi Cements, in which it has a majority stake, by December. The partner, a private equity fund, is likely to infuse over Rs 400 crore, which will help improve liquidity for Shriram EPC, fund the establishment of a captive power plant in the cement plant, and to pay the erstwhile promoters of the cement unit: The Hindu Business Line
