HomeNewsBusinessCompaniesNalanda Capital buys into electric appliance firm V-Guard

Nalanda Capital buys into electric appliance firm V-Guard

Nalanda Capital has acquired 2.2% stake in Kochi-based power systems maker V-Guard through open market purchases for about Rs 11.5 crore(USD 2.5 million).

January 24, 2011 / 10:51 IST

Nalanda Capital has acquired 2.2% stake in Kochi-based power systems maker V-Guard through open market purchases for about Rs 11.5 crore(USD 2.5 million). V-Guard was one of the first IPOs to go through soon after the market crash in January 2008 at a time when various issues were postponed or had to be rolled back for lack of investor interest.

V-Guard

first published: Jan 24, 2011 10:07 am

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