Bharat Value Fund (BVF) has acquired 6.5% stake in Marudhar Rocks International Private Limited for ₹150 crore.

JSA advised Bharat Value Fund on this transaction.

The transaction team consisted of Siddharth Mody (Lead Partner), Anurag Shrivastav (Partner) and Bhaskar Dhandharia (Associate).

The due diligence team consisted of Alister Sequeira (Senior Associate), Bhaskar Dhandharia (Associate), Gavin Pereira (Associate) and Regan D’Mello (Associate).

Marudhar Rocks International Private Limited is the largest manufacturer of premium engineered quartz surfaces, with an annual capacity of approximately 2 million square meters across three strategically located facilities. The funding will enable them to diversify their product portfolio, invest in cutting-edge technologies, and meet the growing demand in both domestic and international markets, while expanding their market presence globally.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.