Kotak Special Situations Fund is managed by Kotak Investment Advisors Limited.
Kotak Special Situation Fund (KSSF) on Monday announced an investment of Rs 1,000 crore in TVS Supply Chain Solutions Limited (TVS SCS). Kotak said in a release, “As part of the transaction, KSSF has transferred TS Rajam Rubbers Pvt Ltd in the form of non-convertible debentures (NCDs) to help the promoter, R Dinesh acquire CDPQ’s stake in TVS SCS,” Kotak said in a release. 800 crore has been funded.”
The investment will help the TVS family to consolidate its stake in TVS SCS. In addition, KSSF has invested Rs 200 crore as equity in TVS SCS.
Srinivasan, Managing Director, Kotak Investment Advisors Limited (KIAL), said, “We are delighted to support TVS Group and R Dinesh in consolidating their ownership into a valuable and high growth technology-led business. This financial support demonstrates Kotak’s ability to work closely with entrepreneurs and business owners as a trusted and preferred partner to find solutions to complex issues.”
KSSF is an alternative investment fund under SEBI regulations managed by Kotak Investment Advisors Limited and, KIAL is a part of Kotak Mahindra Bank and focused on alternative assets business.
The company claims to have strong capabilities in providing Supply Chain Solutions, Freight Forwarding and Last Mile Logistics with long-standing relationships with marquee clients.
Ishwar Karra, Chief Executive Officer, Kotak Special Situations Fund, KIAL, said, “This investment is in line with our objective of partnering with industry leaders by participating in growth-oriented businesses and providing customized solutions to meet the needs of each business. is consistent and one is win-win for all. “
KSSF is managed by Kotak Investment Advisors and TVS SCS is a third party logistics service provider.
Kotak said the investment is well positioned to capture the high growth potential market in India and globally.
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