Desai & Diwanji advised Radiance Renewables Private Limited on the issuance of unrated, unlisted, redeemable, privately placed non-convertible debentures (NCDs) amounting to INR 525 crores, subscribed by a mix of foreign portfolio investors (FPIs) and domestic investors.
Radiance Renewables is a leading provider of solar energy solutions, focused on delivering customized green power to commercial and industrial clients across India.
The deal team was led by Partner Rahul Chauhan, with key support from Associates Mihir Mehra and Poorva Bansal, and strategic inputs from Managing Partner Vishwang Desai.
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