Noida-based builder Supertech has paid Rs. 415 crore to PE fund Xander for partial exit from the company..AZB & Partners acted for their long standing client Xander with a team led by Partner Hardeep Sachdeva along with Senior Associate Ravi Bhasin..SRGR Law acted for Supertech with a team led by Partner Saroj Jha..Xander had invested 400 crore in Supertech, but in two parts — 300 crore and 100 crore — through a structured debt transaction and the exit is for the first part, reports ET.
Noida-based builder Supertech has paid Rs. 415 crore to PE fund Xander for partial exit from the company..AZB & Partners acted for their long standing client Xander with a team led by Partner Hardeep Sachdeva along with Senior Associate Ravi Bhasin..SRGR Law acted for Supertech with a team led by Partner Saroj Jha..Xander had invested 400 crore in Supertech, but in two parts — 300 crore and 100 crore — through a structured debt transaction and the exit is for the first part, reports ET.
