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Argus Partners advised Adhunik Power & Natural Resources Limited (Adhunik) in connection with the investment of INR 1400 crore made by Davidson Kempner Capital Management. These funds were utilised by Adhunik to provide a complete exit to its existing lender Edelweiss Asset Reconstruction Company Ltd. The investment was made by way of subscription to non-convertible debentures (NCDs) issued by Adhunik and its promoter entities.
The team at Argus Partners consisted of Partners Aastha., Nidhi Arya along with Associates Dileep Krishnan N and Surabhi Smita.
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