Setu bought 2.5 crore shares of Evexia Lifecare for ₹3.17 Cr at ₹1.27 apiece in a bulk deal.
A chemicals trading company incorporated in 1990, Evexia Lifecare distributes and supplies chemicals, agricultural produce, and consumer goods across India. The company operates as a key intermediary in these sectors, facilitating the movement of goods between manufacturers and retailers. Its business model centers on trading operations, serving as a bridge in supply chains for industrial chemicals, farm products, and everyday consumer items.
(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.
