India: Jain Irrigation raises $43m from Mandala Capital, KKR buys 8.5% in Dalmia Bharat

India: Jain Irrigation raises $43m from Mandala Capital, KKR buys 8.5% in Dalmia Bharat

In a few market announcements, Jain Irrigation Systems Ltd said, it raised Rs 289.6 crore ($43.2 million) from Mandala Capital while KKR Mauritius bought shares in Dalmia Bharat. In other disclosures, Lakshmi Electrical Control Systems Ltd said it sold shares in Harshni Textiles and Apollo Hospitals Enterprise has acquired majority stake in Assam Hospitals.

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