India: Premji Invest buys 8% of L Capital stake in Fabindia for around $52m

India: Premji Invest buys 8% of L Capital stake in Fabindia for around $52m

Visual from FabIndia website

Premji Invest, an existing investor in the Fabindia, has bought L Capital‘s 8% stake in the retail brand for around Rs 360 crore ($52 million), as per a report in The Economic Times.

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