The company has held initial talks with a few prospective buyers, persons in the know said, with discussions being exploratory in nature at this stage.
Among likely buyers tapped include private equity players and global funds who have marked their presence in the category.
Existing investor in the space include PE firm Advent International, which acquired a controlling stake in Eureka Forbes in 2021 from its erstwhile owner, the Shapoorji Pallonji Group, at an enterprise value of ₹4,400 crore.
Denne historien er fra March 29, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra March 29, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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