Industry Newsroom

Kotak Special Situations Fund Invests USD66.5m in Indian Building Materials Manufacturer and Retailer Nuvoco

Kotak Special Situations Fund, managed by Kotak Investment Advisors, has invested INR5b (approximately USD66.5m) in India’s Nuvoco, the building materials manufacturer and retail arm of Nirma Group, to finance the acquisition of cement business Emami Cement. Read more