December 09, Mumbai: CAM acted as the legal advisor to SFL in relation to: (a) its further investment in Furlenco by way of a preferential issue; and (b) structuring the rights package offered to other investors in the funding round. SFL is already a controlling shareholder of Furlenco.
Furlenco is a leading furniture company with a strong presence in the online segment and operations in key cities in India including Bengaluru, Mumbai and Delhi NCR.
The Transaction team was led by Anand Jayachandran, Partner with support from Kritika Dobhal, Senior Associate; Ipkshita Singh, Associate; and Neerali Nanda, Associate.
Gayathri Ramachandran, Partner; provided inputs on compliance with securities law requirements.