Corporate News 05-Nov-07
Clear Water Capital Partners takes 49% stake
In SPV Company formed by BSEL Infrastructure Realty
BSEL Infrastructure Realty has announced that Clear Water Capital Partners (Cyprus) has taken 49% stake in the SPV Company formed by BSEL Infrastructure Realty in equal joint venture with Unity Realty and Developers and Kamat hotels (India). The same has resulted in dilution of present stake of BSEL Infrastructure Realty, Unity Realty and Developers and Kamat hotels (India) in the said SPV from 33.33% each to 17% each.
The company made this announcement during the trading hours today, 05 November 2007.
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