Srei Equipment Finance secures Rs 200 cr equity

In their 50:50 JV company, Srei Equipment Finance, Srei Infrastructure Finance and BNP Paribas have invested close to Rs 200 crore worth of equity. The equity infusion will take the net worth of Srei Equipment Finance to over Rs 1,660 crore. The enhanced equity is likely to strengthen the capital base of Srei Equipment Finance and with additional leveraging, will lead to further growth. Contact: Srei Equipment Finance. Tel: 033-2285 0112. Website: www.srei.com