Srei Equipment Finance on Wednesday said it has received interest from global investors for capital infusion into the company.
The board of Srei Equipment Finance said a strategic committee consisting of independent directors have been constituted by the company to coordinate, negotiate and conclude discussion with potential strategic and/or private equity investors to raise fresh capital for the business in consultation with the management.
“The proposed capital infusion is expected to strengthen SEFL’s capital base and help the company emerge out of pandemic induced stress in Indian financial services space,” said Srei Equipment Finance in a statement.
The committee will be headed by independent director Malay Mukherjee and other members including independent directors Suresh Kumar Jain, Tamali Sen Gupta, Uma Shankar Paliwal and Shyamalendu Chatterjee.
