June 3, 2020
Shardul Amarchand Mangaldas & Co. advised Motherson Sumi Systems Limited (“MSSL”) and Axis Bank Limited (as “Arranger”) in connection with funds raised by MSSL through its maiden issuance of 5000 listed, rated, secured, redeemable non-convertible debentures having a face value of INR 10,00,000 each. The deal is valued at INR 500,00,00,000. The date of closing was April 21, 2020.
The transaction team was led by Shilpa Mankar Ahluwalia, Partner; Akshita Agrawal, Senior Associate; Neeati Narayan, Associate and Vrinda Pareek, Associate.
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