Shardul Amarchand Mangaldas & Co. advises PVR Limited, Axis Capital Limited and Kotak Mahindra Capital Company Limited to issue qualified institutions placement

February 4, 2021

Shardul Amarchand Mangaldas & Co. advised PVR Limited, Axis Capital Limited and Kotak Mahindra Capital Company Limited to issue qualified institutions placement of 55,55,555 equity shares by PVR Limited for a price worth ₹ 1,440.00 per equity share, including a premium of ₹ 1,430.00 per equity share, aggregating to ₹ 800 crore. The date of closing the deal was 1 February 2021.

The transaction team for PVR Limited, Axis Capital Limited and Kotak Mahindra Capital Company Limited was led by Prashant Gupta, Partner, National Practice Head; Sayantan Dutta, Partner; Trishita Dasgupta, Senior Associate; Maharghya Biswas, Associate and Sanjeev Chowdhary, Associate.

Squire Patton Boggs (MEA) LLP advised BRLMs on international legal aspects.