AZB, Shardul Amarchand, Squires on $305m Indiabulls Ventures rights issue

Wednesday, 11 October 2017 By Rukmini Biswas Capital Markets

Indiabulls Ventures Ltd, the financial services arm of the Indiabulls Group, approved raising Rs 2,000 crore (USD 305 million) either through rights issue of shares, to meet the funding requirements and to support future growth of consumer finance and assets reconstruction businesses carried out by the Company, through its subsidiary companies, as reported by The Economic Times and Livemint

AZB & Partners acted as the legal counsel to Axis Capital, the lead manager to the deal, led by partners Varoon Chandra and Lionel D’Almeida and senior associate Richa Choudhary, according to a press release of AZB.

Shardul Amarchand Mangaldas partner Kaushik Mukherjee and principal associate Narayan Kedia acted for Indiabulls.

Squire Patton Boggs Singapore partner Biswajit Chatterjee acted as international adviser to Axis Capital.

2017-09-28

AZB & PartnersShardul Amarchand MangaldasSquire Patton Boggs

Comments

Kian loves Kaushik 12 Oct 2017, 11:48
+0 -0
'Kian, you report a rights issue but the other 45 more important deals in Cap Markets. Who pays you? Zia?
kianganz 12 Oct 2017, 11:51
+1 -0
Going forward, we're actually trying to cover a lot more deals, including in cap markets in our 'deals feed' on the home page. :) This one though was particularly interesting since it was topical and related to SAM's lateral hire...
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