Cyril Amarchand Mangaldas advised OnEMI Technology Solutions Limited, a listed entity, in connection with its fund raise. The fund raise, which was for an amount of ~ INR 832 Crores, was undertaken through the issuance of equity shares by way of a preferential issue on a private placement basis to ~ 34 investors/ investor entities.
Ravi Dubey, Partner (Regional Co-Head – Capital Markets – West); and Ramgovind Kuruppath, Partner — (Co-Head — Corporate M&A); provided strategic inputs on the transaction.
The transaction team was led by Nayana Dasgupta, Principal Associate; with assistance from Archit Jain, Deepali Bhandari, and Kshipra Shukla, Associates.
