JSA Advocates & Solicitors (JSA) advised Axis Capital Limited in relation to the Qualified Institutions Placement (“QIP”) of 22,98,850 equity shares of face value of INR 5 each, aggregating to Approximately INR 2000 Crores by Craftsman Automation Limited.
The JSA team was led by Arka Mookerjee, Partner, with support from Siddhartha Desai, Partner; Ananth Balaji, Partner; Aditya Shendye, Associate; Aditya Sureka, Associate; Ishika Jain, Associate; and Sourav Jena, Associate.
Arka Mookerjee is a Partner and Co-Chair of the Equity Capital Markets practice, with over 21 years of experience advising on India’s most complex and high-value transactions. Widely recognised for pioneering mandates—including India’s first QIP and InvIT IPO—he represents issuers, underwriters and investors across capital markets and investment structures. Arka actively engages with regulators and industry bodies, playing a key role in shaping India’s evolving capital markets framework.