Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Stocks

ABG Capital, LTR Focus Fund and Steadview Capital Mauritius exit V-Guard Industries

Share:

V-Guard Industries

V-Guard Industries Ltd is a major electrical appliances manufacturer in India, and the largest in the state of Kerala. It manufactures voltage stabilizers, wiring cables, electric pumps, electric motors, geysers, solar water heaters, electric fans and UPSs. It was founded in 1977 by Kochouseph Chittilappilly as a small voltage stabilizer manufacturing unit.

Kochouseph Chittilappilly also founded other establishments such as V Star, an Indian manufacturer of innerwear for men, women, and children, and Wonderla, a chain of amusement parks in South India.

V-Guard Industries Share Price April 2016

ABG Capital, LTR Focus Fund and Steadview Capital Mauritius exit V-Guard with a complete stake sale to DSP Blackrock Mutual Fund, India Midcap Mauritius Limited, Kuwait Investment Authority and Government Pension Fund Global.

V-Guard Industries ABG Capital DSP Blackrock Mutual Fund India Midcap Mauritius Kuwait Investment Authority LTR Focus Fund Government Pension Fund Global Steadview Capital Mauritius

divider

Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Share:

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial