29th Dec 2010 07:00
For Immediate Release
29 December 2010
Elephant Capital plc ("Elephant Capital" or "the Company")
NAV and Quarterly Newsletter
Elephant Capital has today issued a newsletter detailing the activities of the Company and its investee companies for the three months ended 30 November 2010. The unaudited NAV per share as at 30 November 2010 was 84p. Elephant Capital is currently in the process of restructuring its investment in GCV; the NAV as at the end of November is not adjusted for this, as the outcome is not yet known.
Copies of the report will be available on the Company's website, www.elephantcapital.com.
For further information please contact:
Joanna Allen | |
Elephant Capital plc | +91 (0) 11 4320 8000 |
Nandita Sahgal / Tom Sheldon |
|
Seymour Pierce Limited | +44 (0) 20 7107 8000 |
Fred Walsh | |
Arden Partners plc | +44 (0) 20 7614 5900 |
Mark Edwards | |
Buchanan Communications | +44 (0) 20 7466 5000 |
Notes to editors:
Elephant Capital plc
Elephant Capital plc (previously named Promethean India plc) was launched in April 2007 as an AIM listed fund. The fund invests in private and public equity investments in India and is advised by an India-based advisory team. Eight investments have been made to date across a range of sectors including Hospitality, Automotive, Education, Building Materials, Mobile Banking Services, Online Media, Broadcasting and Children's Media and Clinical Research.
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