Private Equity

Liquidity Events

Temasek sells Devyani Intl shares worth Rs.499-Cr; registers 4.23x return

Stock Exchange Data   Venture Intelligence analysis  

Temasek has sold a 2.86% stake in publicly-listed restaurants operator Devyani International harvesting INR 499.37 crore. Post the sale, Temasek would hold a 3.02% stake in the company.

From the Venture Intelligence PE-VC Deal Database: In Oct 2014, Temasek had invested INR 500 crore for 15% stake in Devyani. The company went public in Aug 2021 as part of which Temasek had made a part exit.