ChrysCapital Exits Ahmednagar Forgings (Asia)

Source: Asia Venture Capital Journal  |  Author: Mirzaan Jamwal

India-focused investment firm ChrysCapital Partners has exited Ahmednagar Forgings (AFL), an India-based manufacturer of automotive components, for INR363 million (approximately US$6.06 million) through a series of bulk share sales on the open market. ChrysCapital originally invested INR295 million (approximately US$7.5 million) in AFL in 2008.