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Kotak Special Situations Fund acquires Prius Commercial Projects for Rs 450 crore

Kotak Special Situations Fund acquires Prius Commercial Projects for Rs 450 crore
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In an all-cash deal, KSSF led consortium emerged as the successful resolution applicant, with the NCLT, Delhi duly approving its resolution plan. Following the acquisition of Prius, KSSF has now closed its first investment under the IBC platform. KSSF has been investing from its $1 billion fund in a variety of structured investment situations.
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Private equity major Kotak Investment Advisors, through its Kotak Special Situations Fund (KSSF), has acquired realty developer Prius Commercial Projects under the insolvency and bankruptcy code (IBC) for Rs 450 crore.
In an all-cash deal, KSSF led consortium emerged as the successful resolution applicant, with the NCLT, Delhi duly approving its resolution plan. Following the acquisition of Prius, KSSF has now closed its first investment under the IBC platform. KSSF has been investing from it ....

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Kotak Special Situations Fund acquires Prius Commercial Projects for ₹450 crore

Kotak Special Situations Fund (KSSF), which is managed by Kotak Investment Advisors Limited (KIAL), Wednesday. announced that it had acquired Prius Commercial Projects (Prius) under insolvency and ban ....

Free Trial , Hindu Businessline , Kotak Special Situations Fund , Prius Commercial Projects , இலவசம் சோதனை , கோட்டக் சிறப்பு சூழ்நிலைகள் நிதி , ப்ரிூச் வணிகரீதியானது ப்ராஜெக்ட்ஸ் ,