Trilegal advised Azad Engineering Limited in its qualified institutional placement (QIP) of 5,468,750 equity shares of face value of INR 2 each aggregating to INR 7,000 million. Azad Engineering is one of the key manufacturers of qualified product lines supplying to global original equipment manufacturers (OEMs) in the energy, aerospace, defence, and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components.

The Capital Markets Team advising on the matter was led by Partner Vinay Sirohia, and supported by Associates Vedansh Batwara, Shubh Ojha and Animesh Tiwari.

Source: Trilegal’s LinkedIn Page