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 Mookerjee is a Partner and Co-Head 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.