Noida-based builder Supertech has paid Rs. 415 crore to PE fund Xander for partial exit from the company..AZB & Partners acted for their long standing client Xander with a team led by Partner Hardeep Sachdeva along with Senior Associate Ravi Bhasin..SRGR Law acted for Supertech with a team led by Partner Saroj Jha..Xander had invested 400 crore in Supertech, but in two parts — 300 crore and 100 crore — through a structured debt transaction and the exit is for the first part, reports ET..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
