INDUSLAW advised Borosil Limited in relation to the Qualified Institutional Placement of its equity shares.
This is the first QIP, post amendment to the SEBI listing regulations, where the offering was completed within a day of launch.
INDUSLAW team comprised Ravi Dubey (Partner), Anshul Roy (Partner), Mansi Jhaveri (Principal Associate), Anjali Menon (Principal Associate), Anuj Kumar Gupta (Associate), Aditi Khandelwal (Associate), Bhaskar Kumar (Associate), Esha Gupta (Associate) and Megha Rajesh (Associate).
Crawford Bayley and Co were the Book Running Lead Managers. Hogan Lovells Lee & Lee were International legal counsel to the Book Running Lead Manager with respect to selling and transfer restrictions.