3i invests Rs 200 cr in Supreme Infrastructure's road projects

Supreme Infrastructure India said private equity firm 3i India Infrastructure Fund has put in Rs 200 crore for a minority stake in its portfolio of road BOT (Build-Operate-Transfer) companies.

NEW DELHI: Supreme Infrastructure India today said private equity firm 3i India Infrastructure Fund has put in Rs 200 crore for a minority stake in its portfolio of road BOT (Build-Operate-Transfer) companies.

"The transaction was signed and announced on January 30, 2012. Ernst & Young was the exclusive financial advisor to SIL for this fund raise," Supreme Infrastructure said in a BSE filing.

It, however, did neither mention the size of the road BOT companies nor the percentage of stake that it has given to 3i fund for raising funds.

Supreme Infrastructure's order book, as on March 31, 2012, stood at Rs 5,800 crore. Its scrip today settled at Rs 291.75 apiece at the BSE, down 0.14 per cent over previous closing.

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