Khaitan and Wadia Ghandy lead on Standard Chartered PE investment in INOXCVA

Bar & Bench August 23 2012

Standard Chartered Private Equity (SCPE) has invested Rs. 250 crore ($45 million) in Vadodara-based Inox India (INOXCVA), a manufacturer of cryogenic storage and transportation equipment.

Khaitan & Co advised Inox with a team led by Partner Haigreve Khaitan and Aakash Choubey.

Wadia Ghandy & Co. advised Standard Chartered PE with a team led by Partners Ankit Majmudar and Xerxes Antia.

Dealcurry reports, the funds will be used for its organic expansion plans and potential acquisitions.

Established in 1992, INOX India is . . .

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