Clearwater Capital Partners had made an open offer to increase its stake in Kamat Hotels (India) Limited (KHIL). The open offer for another 26 per cent comes as the PE firm had converted its foreign currency convertible bonds in the last two months. KHIL has received a conversion notice from the bond holder
Clearwater Capital Partners (Cyprus) for conversion of 5,966 FCCBs into 19,54,196 equity shares at Rs135 per equity share in the capital of the company. According to a report in The Financial Express, the conversion date is fixed to be January 30, 2012.
Source
Commis II Indian - Jobs in India
Clearwater Capital Partners (Cyprus) for conversion of 5,966 FCCBs into 19,54,196 equity shares at Rs135 per equity share in the capital of the company. According to a report in The Financial Express, the conversion date is fixed to be January 30, 2012.
Source
Commis II Indian - Jobs in India