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Srei receives EoI for capital infusion from Cerberus
The board of directors of Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance held meetings announced that it has further received an expression of interest for capital infusion from Cerberus Global Investments.
Srei Equipment receives EoI for $250 mn capital infusion from international PE funds
The international private equity ("PE") funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.
Srei forms Strategic Coordination Committee for raising fresh capital
The SCC will coordinate, negotiate and conclude discussions with potential strategic and/or private equity investors, to raise fresh capital for the business in consultation with the management.