Kotak arm invests Rs 1,000 cr in TVS family's logistics business

Kotak Special Situations Fund (KSSF) has invested Rs 200 crore in TVS Supply Chain Solutions and has provided a Rs 800 crore finance to TS Rajam Rubbers Private Ltd through a non-convertible debentures route. The loan will help TVS SCS promoter R Dinesh acquire Canadian pension fund CDPQ's stake in TVS SCS, an official statement said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3A9d5Nt