Arpwood Partners and Narotam Sekhsaria Family Office completed the acquisition of a majority stake in Irep Credit Capital from ANM India Real Estate Advisors, IREP India Opportunities Holdings and Avanti Employee Welfare Trust for INR5.19bn.

Arpwood Partners and Narotam Sekhsaria Family Office, a private equity firms, completed the acquisition of a majority stake in Irep Credit Capital, a non‑deposit taking non‑banking financial company, from ANM India Real Estate Advisors, a company operates in the real estate services sector, IREP India Opportunities Holdings, a Mauritius-based private holding company that serves as a major shareholder in IREP Credit Capital Private Limited, and Avanti Employee Welfare Trust, an employee welfare trust associated with IREP Credit Capital Private Limited, for INR5.19bn.