Centrum Housing Finance Ltd. To Raise INR 190 crore of Equity Capital from a Fund Managed by Morgan Stanley Private Equity Asia

Centrum Housing Finance Ltd. To Raise INR 190 crore of Equity Capital from a Fund Managed by Morgan Stanley Private Equity Asia   Centrum Housing Finance Limited (“CHFL” or “the Company”), a retail focused, affordable housing finance player and part of the Centrum Group, is pleased to announce that it has signed an agreement to raise INR 190 crore of equity funds from a fund managed by Morgan Stanley Private Equity Asia. The fund will acquire a significant minority stake in the Company. CHFL, which started operations in 2017, has…

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Amara Raja Batteries Q3FY20 result reported a revenue of Rs. 1747.81 crores 

Amara Raja Batteries Q3FY20 result reported a revenue of Rs. 1747.81 crores      Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major today reported a revenue of Rs. 1747.81 crores in Q3 FY 20 (Rs. 1694.66 crores) with a growth of 3 % and profit after tax (PAT) of Rs. 164.41 crores (Rs. 130.89 crores). The Earnings Per Share (EPS) for Q3 FY 20 was at Rs. 9.63 For the quarter ended December 31, 2019 OE and Telecom sectors continue to experience demand slow down. However, the…

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