Rs 575 crore to be spent by IL&FS Fund in property subsidiary

Jun 10, 2010 at 9:12 PM

IL&FS Milestone Fund, a private equity company, has been aiming to spend Rs 575 crore or USD 122.3 million to acquire 74% stake in property subsidiary of Hindustan Construction Co. Moreover, the agreement is anticipated to be informed in the public this Thursday.

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