Firm Matters
BackKhaitan & Co acted as the transaction counsel in relation to the issuance, allotment and listing of up to 75,000 (seventy fifty thousand) rated, listed, senior, unsecured, redeemable, non-cumulative, non-convertible debentures aggregating to INR 750 crores in three series by Balkrishna Industries Ltd ("Issuer") on a private placement basis ("Issue"). YES Bank Ltd and ICICI Bank Ltd acted as the arrangers to the Issue. The Issue comprised of an anchor portion of up to 30% (thirty percent) of the total issue size for each series which was subscribed by YES Bank Ltd and ICICI Bank Ltd.
Deal Team
The core team consisted of Manisha Shroff (Partner), Arjita Agarwal (Senior Associate), Akshansh Sharma (Senior Associate), Anushka Sinha (Senior Associate), Rishabh Kumar (Associate), Ananya Bharadwaja (Associate) and Priyam Indurkhya (Associate)
