JSA advised Ambit Private Limited and JM Financial Limited in relation to the qualified institutions placement (“QIP”) by Sundaram-Clayton Limited (formerly known as Sundaram-Clayton DCD Limited) (“SCL”). SCL filed the placement document on October 8, 2024 for an issue of 1,814,058 equity shares to qualified institutional buyers aggregating to approximately ₹ 400.00 crore.
JSA Team comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Senior Associate – Sourav Modi and Associate– Jeebitesh Bhattacharya, Vatsla Varandani, Aditi Khandal, Ayushi Pandit and Vaishnavi Kokkonda.
Arka’s practice area involves equity capital markets issuances which covers a wide range of products, such as Initial Public Offerings, Rights Issues, Qualified Institutions Placements, Initial Public Offering of Infrastructure Trusts and foreign currency convertible bonds.