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DCW NCDS
USD 1-bn corpus: Kotak Special Situations Fund invests USD 502 mn so farKotak Investment Advisors, a part of Kotak Mahindra Bank, February 2019 launched KSSF as an AIF special situations fund with a USD 1-billio...- Kotak Special Situations Fund invests Rs 410 crore in DCWThe fund has invested in the form of non-convertible debentures (NCDs) and optionally convertible debentures (OCDs) in DCW.
- DCW raises Rs 410 crore through debenturesDCW will utilise the funds to refinance the existing term loans and augment working capital.
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