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Argus Partners Advises Piramal and Bain Capital Credit-Backed IndiaRF on Exit from Setco Auto Systems
We are pleased to announce that Argus Partners advised India Resurgence Fund (“IndiaRF”), an equal joint venture between Piramal Enterprises Limited and Bain Capital Credit, on the sale of its entire stake in Setco Auto Systems Private Limited (“SASPL”), a subsidiary of Setco Automotive Limited to RSB Transmissions (I) Limited, a Pune-based transmission manufacturer.
The team at Argus Partners advising IndiaRF consisted of Aastha, Adity Chaudhury and Arka Majumdar (Partners), Umang Pathak (Senior Associate), Dharma Teja Palada, Dharani Maddula and Anika Sharma (Associates).