Khaitan & Co acts as the Legal Counsel to the Company as to Indian law in relation to the qualified institutions placement of the equity shares of Sterling and Wilson Renewable Energy Limited.

DEAL DETAILS

Khaitan & Co acted as the Legal Counsel to the Company as to Indian law in relation to the qualified institutions placement of the equity shares of Sterling and Wilson Renewable Energy Limited aggregating to INR 1500 crores.

The team consisted of Abhimanyu Bhattacharya (Partner), Aditya Cheriyan (Partner), Vijayaraghavan (Principal Associate), Abhishek Iyer (Associate), Arjun Kapur (Associate) and Ira Pandya (Associate).

Uniqueness:

The deal involved intricate complexities due to the issuer company being in default of their borrowings, while undertaking the qualified institutions placement.