Multiples PE exits Arvind’s demerged engineering business arm
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Multiples PE exits Arvind’s demerged engineering business arm

By Ankit Doshi

  • 24 Feb 2020
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Multiples PE exits Arvind’s demerged engineering business arm
Credit: VCCircle

Homegrown private equity firm Multiples Alternate Asset Management Pvt. Ltd has completely exited The Anup Engineering Ltd barely a year after the engineering equipment maker listed its shares on stock exchanges. Renuka Ramnath-led Multiples sold a little over 2.26 lakh shares, representing a 2.22% stake, held through two of its funds ......

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