Kotak Alternate Asset Managers (Kotak Alts) has announced a significant Rs 1,200-crore investment in Ace Designers Ltd. (ADL), a leading CNC machine manufacturer based in India. This capital infusion aims to support the company’s plans to expand its manufacturing capacity, enhance its product portfolio, and strengthen its international presence. With a history spanning over four decades, Ace Designers is poised for growth, with projected revenues for FY25 reaching Rs 2,400 crore.