VRL, headquartered in London, aims to borrow the money through its Zinc International unit. Following delays in securing funds from Farallon Capital Management, VRL has resumed discussions with banks to explore alternative financing options.
Peak XV trims stake in Zinka Logistics in Rs 302 crore bulk deal; ADIA, MIT among buyers
Zinka Logistics Solutions (BlackBuck) saw a Rs 302 crore block deal as Peak XV Partners trimmed stake. ADIA, MIT, and ICICI Prudential emerged as key