Kotak Special Situations Fund acquires Prius for Rs 450 cr

Kotak Special Situations Fund acquires Prius for Rs 450 cr

KSSF has been investing from its $1-billion fund in a variety of structured investment situations, and in an all-cash deal, the KSSF-led consortium emerged as the successful resolution applicant for Prius. With this, the fund has now closed its first investment under the IBC platform.
Check the source here –Source, Financial Express.

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