Srei Equipment Finance Limited (SEFL), a subsidiary of
Srei Infrastructure Finance Limited has received interest for an investment of an aggregate amount of Rs2,000cr from Arena Investors LP (Arena), USA, and its consortium and their affiliates indicating interest for Investment.
“Strategic Coordination Committee has received a Term Sheet from Arena Investors LP (Arena), the USA and its consortium and their affiliates indicating interest for investment of an aggregate amount of Rs2,000cr subject to the terms and conditions contained in the said Term Sheet."
"The Strategic Coordination Committee, chaired by an Independent Director, will evaluate the said offer and make the recommendation to the Board of the company,” SEFL said.
At around 1.40 PM, SREI Infrastructure Finance Ltd was trading at 52-week fresh high of Rs15.93 per piece up by Rs1.44 or 9.94% from its previous closing of Rs14.49 per piece on the BSE.
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