IDFC Alternatives exits EPC services provider Ashoka Buildcon with modest IRR

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IDFC Alternatives, the private equity arm of IDFC Ltd, has exited from Ashoka Buildcon Ltd, an EPC (engineering, procurement, and construction) services provider, it is learnt.The PE firm, which had started selling shares of the company a year ago, recently completed the exit.Overall, the PE investor is estimated to have ......