JSA Advocates & Solicitors (JSA) advised Aptus Value Housing Finance India Limited on its issuance of secured, redeemable, rated and listed non-convertible debentures on a private placement basis. The transaction involved comprehensive legal advisory support in relation to the structuring and execution of the issuance.
JSA acted as transaction counsel and advised on the drafting, negotiation and finalisation of the transaction documents and the disclosure document, ensuring full legal and regulatory compliance in connection with the issuance.
Aptus is a publicly listed housing finance company primarily catering to the housing finance needs of self-employed individuals in semi-urban and rural markets across India.
The transaction was led by Anish Mashruwala, Partner, and Pratish Kumar, Partner, with support from the debt financing team comprising Srinjoy Bhattacherjee, Partner, Swarna Hardikar, Senior Associate and Madhur Bhatt, Associate.
Anish is the current Co-Chair of the Finance Practice at JSA and heads the Banking & Finance group. He also focuses on Cross Border Investments & Acquisitions.