Aquarius Capital takes big haircut in exit from GIC-backed infra engineering firm

Mid-sized private equity and investment firm Aquarius Capital has fully exited its decade-long investment in a listed infrastructure engineering company with a huge haircut. Aquarius has sold its entire 3.33% stake in Kridhan Infra Ltd, in which it was invested through its Aquarius India Fund, for Rs 13 crore before accounting ......