Tuesday 23 July 2013

Everstone Capital to invest Rs 200 crore in Hinduja Leyland Finance

Everstone Capital, a leading India and South East Asia private equity investor is all set to invest Rs 200 crore in the NBFC - Hinduja Leyland Finance (HLF), a commercial vehicle (CV) financing arm of the Hinduja Group. However, the company has not disclosed that how much stake it will acquire in Chennai headquartered NBFC.

Hinduja Leyland Finance is jointly owned by Ashok Leyland and other entities of the Hinduja Group. It is one of the leading financiers of commercial vehicles with current assets under management in excess of Rs 4,000 crore. 

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