Cyril Amarchand Mangaldas advises Belrise Industries Ltd. on its INR 17,000 million QIP
Jefferies India Private Limited acted as the book running lead manager on the transaction.
Jefferies India Private Limited acted as the book running lead manager on the transaction.
The QIP was undertaken to ensure compliance with the minimum public shareholding as prescribed under the Securities Contracts (Regulations) Rules, 1957.
CAM had also advised on the previous qualified institutional placement undertaken by Adani Enterprises Limited in October 2024.
Shardul Amarchand Mangaldas Advises Krishna Institute of Medical Sciences Ltd. on its ₹1,500 Crore Qualified Institutions Placement
The QIP comprised participation from a diverse set of institutional investors, including the International Finance Corporation (IFC), as well as leading mutual funds and insurance companies such as HSBC Mutual Fund, Edelweiss Mutual Fund, Axis Mutual Fund, ICICI Prudential Life Insurance, HDFC Life Insurance and Kotak Mahindra Life Insurance.
The appointment is for a term of Five years with effect from January 21, 2025.
The Securities and Exchange Board of India has issued circular dated 13th August 2021 providing the guidelines on issuance of non-convertible debt