Sunday, April 15, 2018

NuPower valued at Rs 700 crore for Mauritius investor

To be sure, the valuation at the time of the Mauritius investment had EY's stamp of approval as did subsequent audits by KPMG. DH Renewables received equity by way of conversion of preference shares at Rs 2,000 each for 500,000 equity shares, while the remaining stake was for Rs 1,161 apiece.
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