Other Private Equity/Strategic Investments
Autocomp player Chamundi Die Cast in talks to raise Rs.1,500-Cr
Bengaluru-based Chamundi Die Cast is exploring a stake sale to raise between INR 1,200 crore and INR 1,500 crore. The company has appointed KPMG as the exclusive advisor for the transaction. Several private equity firms have been approached to participate in the round.Founded in 1985 by Ghouse Khan and his sons, Yasin Khan and Farhan Khan, the firm specializes in high-quality machined aluminium castings with end-to-end design and manufacturing capabilities. The company maintains facilities in Tumkur, Karnataka, and Ranipet, Tamil Nadu. Chamundi plans to use the new funds to accelerate growth, professionalise its operations, and support expansion.
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