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Dec, 18 2013

SAIF India hikes stake in Specialty Restaurants

Branded restaurants of Specialty Restaurants include Mainland China and Oh! Calcutta.

SAIF Partners recently bought a 3.2 per cent stake in Specialty Restaurant, a fine dining restaurant chain, and hiked its stake to 13.8 per cent.

Media reports highlight that SAIF Partners bought this stake from Glix Securities, another pre-IPO investor, for Rs 18.7 crore. 

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