Shardul Amarchand Mangaldas advises Anupam Rasayan India Limited to raise ₹ 5,000 million through a Qualified Institutions Placement (QIP).
October 14, 2022
Shardul Amarchand Mangaldas has recently advised Anupam Rasayan India Limited in raising ₹ 5,000 million through a Qualified Institutions Placement of equity shares. Anupam Rasayan is one of the key companies engaged in the custom synthesis and manufacturing of specialty chemicals in India and whose shares are listed on the stock exchanges (where Shardul Amarchand Mangaldas had advised the company during its initial public offering as well). The date of closing the deal was 4 October 2022.
The transaction team was led by Prashant Gupta, National Practice Head & Partner; Sayantan Dutta, Partner; Trishita Dasgupta, Principal Associate; Ajo Jomy, Senior Associate and Koshy Mammen, Associate.
Khaitan & Co. and Hogan Lovells Lee & Lee advised the lead managers to the QIP, Axis Capital Limited and Jefferies India Private Limited on the Indian and international legal aspects, respectively.