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The proceeds of the QIP are proposed to be utilized towards re-payment and /or prepayment of certain outstanding borrowings of the Company and certain of its subsidiaries, and general corporate purposes.
The proceeds of the QIP are proposed to be utilized towards re-payment and /or prepayment of certain outstanding borrowings of the Company and certain of its subsidiaries, and general corporate purposes.
SAM acts as Domestic Legal Counsel to Craftsman Automation Ltd. on its ₹2,000 Crore Qualified Institutions Placement
This transaction represents the Company’s third significant capital markets fundraising exercise, following its initial public offering in 2021 and an earlier QIP in 2024, underscoring continued investor confidence in the Company’s business and growth strategy.
CAM advised Navin Fluorine International Limited (“NFIL”) on the qualified institutions placement of its equity shares (“QIP”) aggregating to INR 7,500 million.
Shardul Amarchand Mangaldas & Co. advised Morgan Stanley India Company Private Limited