Luthra & Luthra and Clifford Chance advised CLSA India, Citigroup Global Markets India, Credit Suisse Securities (India), ICICI Securities, Kotak Mahindra Capital Company and IDFC Securities as joint book running lead managers on CESC’s $80m qualified institutional placement (QIP) of 7.6m shares, which was reported Mint and others. CESC was advised by Khaitan & Co.

Luthra Mumbai capital markets partner Manan Lahoty and Clifford Chance Singapore partner Rahul Guptan acted for the lead managers on the Rule 144A/Regulation S QIP of 7,621,118 equity shares at a price of Rs 644 per equity share.

Khaitan Mumbai executive director Sudheer Bassi and partner Nikhilesh Panchal acted for the power utility.