Deals and Matter Corner
JSA advised IIFL Capital Services on ₹799.86 Cr Rights Issue of partly paid-up shares by Fusion Finance Limited
JSA advised IIFL Capital Services Limited, the Lead Manager, in connection with the rights issue of Fusion Finance Limited (formerly known as Fusion Microfinance Limited), involving up to 6,10,58,392 partly paid-up equity shares aggregating to approximately ₹799.86 crores. The Letter of Offer was filed on March 29, 2025, and the issue closed on April 25, […]
JSA Advises Omnivore in Farmley’s $40 Million Series C Funding Round Led by L Catterton
JSA advised Omnivore, a leading agri-tech and food-focused venture capital firm, in connection with Farmley’s USD 40 million Series C funding round led by global consumer-focused investment firm L Catterton. Farmley is a fast-growing direct-to-consumer (D2C) snacking brand. The funding round included both primary and secondary components and saw participation from existing investors DSG Consumer Partners and BC […]
JSA advises Singtel with respect to its stake sale in Bharti Airtel Limited
JSA advised Pastel Limited (Singtel) on its on-market sale of 1.2% of the equity capital of Bharti Airtel Limited on the block deal window of the exchange. The transaction team comprised Lead partner, Vikram Raghani, Partner, Birbahadur Sachar, Principal Associate, Ami Shah and Associate, Tavishi Chandra. Deal Value: USD 1.54 Billion
Filing of Draft Offer Document for Public Issuance of Municipal Green Bonds of Surat Municipal Corporation
JSA advised Surat Municipal Corporation (“Corporation”) and A.K. Capital Services Limited, in the public issuance of municipal green bonds of the Corporation aggregating up to ₹2,000 million (“Green Bonds”). The Draft Offer Document was filed with SEBI on May 9, 2025. The Corporation is the municipal body of Surat city, constituted under the Constitution of […]