Texmaco Rail & Engineering Limited has purchased 55% shareholding from the promoters of Bright Power Projects (India) Private Limited for an undisclosed value..A team from Shardul Amarchand Mangaldas acted for Texmaco, through a team comprising Partner Kalpataru Tripathy, Senior Associates Navin Kumar and Aditya Mehra, and Associate Roma Das..Kanga & Co., led by Partner Preeti Mehta represented the promoters of Bright Power..Following the stake purchase, Bright Power has become a subsidiary of Texmaco Rail and Engineering, reports VCCircle..Read more at:http://www.vccircle.com/news/engineering/2016/01/04/texmaco-rail-acquires-55-stake-bright-power
Texmaco Rail & Engineering Limited has purchased 55% shareholding from the promoters of Bright Power Projects (India) Private Limited for an undisclosed value..A team from Shardul Amarchand Mangaldas acted for Texmaco, through a team comprising Partner Kalpataru Tripathy, Senior Associates Navin Kumar and Aditya Mehra, and Associate Roma Das..Kanga & Co., led by Partner Preeti Mehta represented the promoters of Bright Power..Following the stake purchase, Bright Power has become a subsidiary of Texmaco Rail and Engineering, reports VCCircle..Read more at:http://www.vccircle.com/news/engineering/2016/01/04/texmaco-rail-acquires-55-stake-bright-power