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JSA advises LICHFL Asset Management Company Limited in relation to issue of Unlisted NCDs by Lifestyle Group

Deal
May 14, 2026

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JSA advised and represented LICHFL Asset Management Company Limited on their subscription to unlisted, secured, senior, redeemable non-convertible debentures aggregating up to INR 130,00,00,000/- (“NCDs”) issued by Lifestyle Housing Private Limited, a company in the Lifestyle Developers group, for funding their real estate project in Chennai.

JSA’s mandate involved extensive due diligence on the real estate property; and drafting, negotiation, and execution of the debenture and security documents, ensuring legal and structural compliance across all stakeholders. JSA delivered comprehensive and end-to-end support culminating in the successful closure of the transaction.

The transaction was led by Vinod Kumar, Partner, Varun Sriram, Partner, Srinivasan M.D, Partner, with support from Saibarath, Senior Associate, Nandini Menon V, Senior Associate, Thiyagarajan B, Associate, and Ancy Jacob, Associate.

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Tags Corporate Finance India, Debenture Documentation, Debt Capital Markets India, JSA Advocates and Solicitors, Legal Due Diligence India, LICHFL Asset Management, Lifestyle Housing Private Limited, NCD Issue India, Non Convertible Debentures India, Real Estate Financing India, Real Estate Law India, Real Estate Project Chennai, Secured Debentures India, Unlisted Debentures India, Vinod Kumar JSA

Srinivasan M D Partner

Srinivasan is Partner in Disputes and Corporate Practice Areas with specialization in insolvency, real estate, mergers and corporate commercial laws.

Varun Sriram Partner

Varun Sriram is a Partner at JSA with nearly two decades of experience in corporate and M&A transactions, fund structuring, and private client advisory. He counsels leading business houses, promoter families, technology companies, and HNIs on strategic, commercial, and estate planning matters, and has led several multimillion‑dollar deals across diverse sectors.

Vinod Kumar Partner

Vinod’s practice focuses on Dispute Resolution. He has an extensive experience of handling general civil and commercial Litigation, Arbitration and public law remedies.