NewsPrimary ALSequoia Ups Stake In Ess Dee Aluminium
23 AUGUST 2011vccircle

Sequoia Ups Stake In Ess Dee Aluminium

Edited by : AL CIRCLE
1 min read
Sequoia Ups Stake In Ess Dee Aluminium
The venture and growth capital investor has now increased its stake to over 6.3 per cent in the Mumbai-based company.

Sequoia Capital India has picked up an additional 1.46 per cent stake in packaging firm Ess Dee Aluminium Ltd from the open market. The venture and growth capital investor has now increased its stake to over 6.3 per cent in the Mumbai-based Ess Dee, which makes packaging materials used by pharmaceutical companies. The latest round of share purchase was done for Rs 11.27 crore.

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