Letter # 112
In today’s ET article, we analyse the potential impact of the recently announced lithium deposit find in India, the rules and regulations that deal with converting this find into actual production and the global EV ecosystem.
While India is trying to play catch up, global EV sales rose 60% in CY22. We take an in-depth look at the players, the changing technologies and how investors have chosen to play the theme in India.
Read here: https://tinyurl.com/arpbk3b3
Read the previous 111 articles here: https://www.buoyantcap.com/memos/
Disclaimer:
Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies is provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.
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SEBI Registration number: INA000016995
Validity of SEBI registration: June 13, 2022 – Perpetual
BSE IA Enlistment Number (BASL membership ID): 1844
CIN of the IA: U65990MH2014PTC253187
Corresponding SEBI Head office address: Plot No.C4-A, ‘G’ Block Bandra-Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra
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Registration details of AIF:
Name of Trust: Buoyant Capital AIF
Name of Scheme: Buoyant Opportunities Strategy
SEBI Registration No.: IN/AIF3/22-23/1125
Validity of AIF: September 02, 2022 – Perpetual
Category of AIF: Category III Alternative Investment Funds (“Open ended fund”)
Name of the Investment Manager and Sponsor: Buoyant Capital Private Limited
Name of Trustee: MITCON Credentia Trusteeship Services Limited
Date of first close: 19th November 2022