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Deutsche Securities increases stake in ICSA

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BS Reporter Mumbai

"The growing trust and belief in the company strengthens our resolve to grow by leaps and bounds" said Bala Reddy, CMD, ICSA (India) Ltd.

Swiss Finance Corporation ,Abu Dhabi Investment Authority, Government of Singapore, Goldman Sachs, Merrill Lynch & Morgan Stanley are among the existing stakeholders of the company. Earlier this year Goldman Sachs invested $ 46 mn through FCCBs apart from acquiring 3,50,000 convertible warrants.

 

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First Published: Jul 10 2008 | 3:37 PM IST

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