Dhir & Dhir Associates advised Vipul Limited on Private Placement of listed NCDS Aggregating to inr 320.00 million.

Dhir & Dhir Associates advised Vipul Limited on the issue of secured, rated, listed, redeemable, non-convertible debentures aggregating to INR 320.00 Million on private placement basis. The said NCDs were subscribed by domestic as well as FII investors.

Girish Rawat, Partner led the Firm’s banking & capital market team on the above transaction. The other team members included Guranpreet Singh Sarna, Senior Associate and SurbhiNarang, Associate. They advised Vipul Limited on various transaction related issues from time to time and have drafted the offer documents, debenture trust deed, various communications with the stock exchanges and the regulator, and documentation.