Sagar Ratna promoter buys out PE firm; might merge with Shree Rathnam

By Debjyoti Roy

  • 21 Sep 2016
Premium

Jayaram Banan, founder of popular south Indian restaurant chain Sagar Ratna, has bought back the stake held by the company’s majority stakeholder India Equity Partners (IEP), ending a long running feud between the two parties, a person privy to the development told VCCircle.Banan shelled out around Rs 90 crore ($13.4 ......

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