Mumbai, July 22: Desai & Diwanji advised the Shapoorji Pallonji group in its INR 213,500,000,000 financing by way of unrated, unlisted, secured, zero coupon, redeemable non-convertible debentures for Eqyizen Investment Private Limited. The transaction also consisted of an issuance of US$ 650,000,000 notes issued by a Mauritian entity. The proceeds of the notes were utilized for subscribing to the INR NCDs.
The team was led by senior partner Natasha Treasurywala and partner Shireen Langrana. They were assisted by associate Harsh Desai. Senior partner Apurva Diwanji provided valuable strategic insight.
