Deal Closed | Ruchi Soya Industries Limited | FPO
The details of the deal are as follows:
Sector: Consumer / FMCG
Announcement Date: 13-Jun-2021
Name of Client: Ruchi Soya Industries Limited
Deal Description: Advised Ruchi Soya Industries Limited in relation further public offering of equity shares aggregating to INR 4,300 crores.
Total Consideration: INR 4300 crore (USD 593.9 million)
Team Members: Sudhir Bassi (Executive Director), Madhur Kohli (Partner), Vaibhav Mittal (Counsel), Sathvik Ponnappa (Principal Associate), Adrika Dhawan (Associate), Shambhavi Kumar (Associate)
Role of Firm: Legal Counsel to the Company
Other legal advisors: AZB & Partners were the domestic counsels to the BRLMs
Unique Feature of Transaction: This is a unique public issue and first by any company which has undergone insolvency process under the Insolvency and Bankruptcy Code, 2016
