Motilal Oswal PE invests Rs 75 crore for stake in Glass Wall Systems

Motilal Oswal Private Equity has invested Rs 75 crore for a significant minority stake in Glass Wall Systems (India) that manufactures, supply and installs architectural glass facade system.

The company that boasts of projects such as Mukesh Ambani's residence The Antilia, The Capital in BKC, will use the capital to expand its manufacturing, company official said.   "Investment by Motilal Oswal PE will help us to set up a state of the art fabrication cum processing facility for facades in Mumbai.This facility will significantly increase our capacity by 3-4 times enabling us to cater larger number of projects," said Jawahar Hemrajani, co-founder of Glass Wall.

Read more here.

600450 Motilal Oswal PE invests Rs 75 crore for stake in Glass Wall Systems
Date: 24 June 2014

See more news about:

Others also read

The new $80 million, 221-foot-tall, torch-shaped tower has improved safety, security and design standards, and has obtained LEED® Gold status.
Apogee Enterprises, Inc.'s Building Retrofit Strategy Team has hired Mike Sheppy as certified energy manager engineer.
Mary (Olivier) Avery has been promoted to vice president of marketing at Tubelite Inc. Avery reports directly to company president Amy Cole, and is a part of the Tubelite Management Team.
Tubelite Inc. announces the addition of Archon Fenestration Technologies, LLC (Archon Fen-Tech) as an independent manufacturer's representative serving select clients in Kansas, Missouri and Nebraska.
Tubelite Inc. has hired W. Jeff Tate as a client development manager serving south Georgia, eastern South Carolina and the Florida panhandle. He reports to Tubelite's Southeast regional sales manager, Pat Daniels.
High light transmission, outstanding solar control and superior aesthetics all in one coating   

Add new comment