Halonix looks to raise Rs 600 cr for expansion

MUMBAI: Global private equity fund NewQuest Capital-owned lighting and electrical business Halonix is looking to raise Rs 500-600 crore from private equity investors and has appointed investment bank EY for the exercise. NewQuest bought the business from its peer Actis in 2016. The company is being valued at Rs 1,500 crore, said three people with … Read more Halonix looks to raise Rs 600 cr for expansion

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