CCI approves subscription of compulsorily convertible preference shares of Hero Future Energies Global

The Competition Commission of India (CCI) has approved subscription of compulsorily convertible preference shares of Hero Future Energies Global Limited by Ardor Holdings II Pte. Limited.

Ardor Holdings II Pte. Limited is a special purpose vehicle, indirectly wholly-owned by investment funds, vehicles, and/ or accounts advised and managed by various subsidiaries of KKR & Co. Inc. (KKR & Co. and together with its subsidiaries, KKR).