01.08.2012 - Oman India Joint Investment Fund to invest $13mln in Solar Industries
Oman India Joint Investment Fund, a private equity fund sponsored by Omanís sovereign wealth fund and Indiaís largest lender State Bank of India, will pick up 4.28 per cent of the expanded capital of the public-listed Solar Industries. Industrial explosives maker Solar Industries India Ltd (SIIL) has struck a deal to raise Rs 72 crore ($13 million) from Oman India Joint Investment Fund through a preferential allotment...............................................Full Article: Source
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