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SC grants consent to IDFC’s PE Unit for audit of Hanjer BiotechThe order said the audit would include revenue/costs, asset purchases, asset inventory verification and related parties transactions.
IDFC PE may exit unlisted waste management firm Hanjer Biotech EnergiesSellout at present valuation to give 5-6 times returns for IDFC.
- Hanjer Biotech in talks to raise Rs 225 crore from European funds
Hanjer Biotech Energies, which uses technology to recycle municipal solid waste into green products, is close to raising about $40 million.