Saha Infratech receives first tranche of investment from Kautilya Finance
One of the most prominent real estate developers of Delhi-NCR, the Saha Group announced that their flagship company, Saha Infratech Pvt Ltd, has received its first tranche of investment from Kautilya Finance BV, a Securities Exchange Board of India (Sebi)-registered foreign portfolio investor. This amount comes as a part of the 160 crore investment through fully secured and rated non-convertible debentures in Saha Infratech Private Limited committed by Kautilya Finance BV.
KF’s final investing decision is based on the positive results of rigorous financial and sales due diligence exercise done by renowned UK-based auditing firm Grant and Thornton and the legal due diligence by AZB Law Partners, a leading law firm.
The decision to invest in Saha Infratech Private Limited’s “Amadeus”, which is a very high end luxurious project with top of the line specifications and facilities, couldn’t have a come through without the faith in the brand, quality & technical competence which the KF satisfied itself thoroughly before investing, said an official.