JSA advised Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and ICICI Securities Limited in relation to the qualified institutions placement by Texmaco Rail & Engineering Limited (“Texmaco“). Texmaco filed a placement document on March 27, 2024 for an issue of 16,129,032 equity shares to qualified institutional buyers, aggregating to approximately INR 2500.00 million.
Deal Value: INR 2500.00 million
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Siddhartha Desai, Associates – Govind Roy, Ayushi Pandit, and Reshmi Prabhakar.
Arka’s practice area covers primarily 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.