<http://www.dealcurry.com/20100810-LightHouse-Fund-Invests-Rs-34-Cr-In-Dhanuka-Agritech.htm> *India 2020 Limited* has invested Rs 34 Cr in* Dhanuka Agritech Limited* for 8.25% stake in the company.
The company has been alloted 8.25 lakh shares at Rs 411 each on preferential allotment basis. * Transwarranty Finance Limited* was the advisor to this transaction. Transwarranty Finance Limited was founded by Kumar Nair in 1994. The company is active is business areas Investment Banking, Corporate Finance, Project Finance, Real Estate & Infrastructure and Trade Finance. Transaction Note Dhanuka Agritech Limited manufactures and sells various types of pesticides, weedicides, and herbicides, as well as seeds. It reported revenues of Rs 407 Cr and a net profit of Rs 36.4 Cr in FY10. Dhanuka Group is also present in pharmaceutical ingredients through Dhanuka Laboratories Limited. In April, *Summit Partners* invested $30 mn in *Krishidhan Seeds Ltd*, a commercial seeds manufacturer. India 2020 Limited is a $125 Mn fund managed by Lighthouse Funds. Lighthouse Funds has invested Radiant Hospitality, Arihant and Imperial Spirits amongst others. -- Regards Hardik Shah -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
