Monday, June 8, 2009

Ramky gets Rs 200 crore funding

Ramky Environment Engineers Ltd, a division of Ramky Group, has received an investment of Rs 200 crore from IL&FS Investment Managers.
The funds involved in providing the investment are Standard Chartered IL & FS Asia infrastructure Growth Fund singapore. Tara India Holding Ltd mauritius, Tara India Fund 3 Domestic Trust mumbai, and Tara Inida Fund 3 Trust mumbai, a company statement said.
The funds take an active management approach to invest in portfolio comprising of infrstructure sector including transportation, energy, power, water, environment, telecom and urban infrastructure.
The fund will have a primary focus on the rapidly growing Indian markets, the company said.

No comments:

Post a Comment