India: Multiples Private Equity sells 2.17% stake in PVR for $23.4m

India: Multiples Private Equity sells 2.17% stake in PVR for $23.4m

Multiples PE founder Renuka Ramnath.

Renuka Ramnath-led private equity firm Multiples Private Equity sold 12 lakh shares or 2.17% of PVR Ltd for 176 crore in an open market transaction.