May 2017
Indian mid-market private equity (PE) firm Lighthouse Advisors India Pvt. Ltd, which is currently investing out of its second fund, is making its first bet this year in a laminated sheets manufacturer.
The fund is set pick a 10.4% stake for Rs 51.08 crore (around $8 million) in public-listed Stylam Industries Ltd, VCCircle has learnt. The deal values the company at around Rs 491 crore (around $76 million).
An email query sent to Lighthouse did not elicit a response.