Cyril Amarchand Mangaldas (“CAM“) advised Jana Small Finance Bank Limited (“Jana“) on its preferential issue of 1,56,72,909 warrants to GWC Family Fund Investments Pte. Ltd, Singularity Large Value Fund III, ICM Finance Private Limited, 2I Capital PCC , Capri Global Ventures Private Limited, and Utpal Hemendra Sheth (collectively referred to as “Investors“) on a private placement basis (“Transaction“).
The consummation of the Transaction is subject to satisfaction of customary conditions precedent including receipt of shareholders’ approval, in principle approval of the stock exchanges for the preferential issue and the Reserve Bank of India (as may be applicable).
The transaction was led by Aditya Prasad, Partner; with support from Kritika Dobhal, and Nisha Nahata, Senior Associates; and Ayush Katyayana, Associate.
Nivedita Rao, Senior Partner; and Manan Lahoty, Partner – (Head – Capital Markets); provided strategic inputs on the Proposed Transaction.
Jian Johnson, Partner; with support from Shobhit Dave, Senior Associate; and Medha Puvvala, Associate; advised on the RBI related aspects of the transaction documents.
