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Mark AB Capital LLC picks up 26.48% stake in SEPC

28 Sep 2022 Evaluate

Dubai-based Mark AB Capital LLC has picked up 26.48 per cent stake in city-based SEPC (formerly Shriram EPC) through an equity investment of Rs 350 crore. The move was part of the SEPC’s restructuring exercise under the stressed asset provisions of the Reserve Bank of India.

Mark AB Capital LLC is an investment company headquartered in Dubai and manages assets of about USD 1 billion. Following the recapitalisation, Mark AB Capital will become the new promoter of SEPC. As part of the restructuring exercise, the consortium of banks has converted part of the company's debts into Compulsorily Convertible Debentures (CCDs) and Non-Convertible Debentures.

SEPC provides end-to-end solutions to engineering challenges offering multi-disciplinary design, engineering, procurement, construction and project management services.

SEPC Share Price

7.65 -0.01 (-0.13%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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