Orient Global has initiated the second round of part exit from Yes Bank. The private equity fund that had invested Rs 330 crore in December 2007 has pocketed an estimated 18% return on its three year old investment in latest share sale at Rs 265 per share.
The Singapore-based fund house had picked 4.9% stake in DecemberDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!