Deal
Brief:
Aquarius India Fund through Aquarius
Capital (Mauritius) Limited
(‘Aquarius Capital’) has invested USD 6.5 million (INR 300 million) in
Vijay Nirman Company Private Limited (‘VNC’), a Hyderabad based private
limited company with corporate headquarters at Visakhapatnam
and carrying on the business of executing infrastructure projects and
related activities. Aquarius Capital’s investment will enable VNC to
expand its current operations and enhance its capacity to carry out
larger infrastructure projects.
Our
Role:
We, at
Nishith Desai Associates,
acted
as legal counsel for Aquarius
Capital
in this investment. |
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