Luthra & Luthra Advised Martial Solren In Getting Finance For Setting Up Solar Power Plants In Gujarat & Rajasthan
Luthra and Luthra Law Offices India advised Martial Solren Pvt Ltd, an SPV of Mahindra Susten Pvt Ltd, in relation to the financial assistance availed from HDFC Bank Limited and Axis Bank Limited for the setting up, constructing, developing and operating of solar power plants for supply of solar power to Rajashthan Urja Vikas & IT Services Ltd in Rajasthan and for supply of solar power to Gujarat Urja Vikas Nigam Ltd in Gujarat. The transaction team consisted of Partner Purvi Dabbiru and Associate Jhalak Gupta.
Source: Luthra & Luthra’s LinkedIn Page
Wadia Ghandy & Co. Acted As Lenders’ Counsel For Consortium Of Lenders In Refinancing Of TARC Ltd.’s Debt
Wadia Ghandy & Co. acted as lender’s legal counsel for a consortium of lenders consisting of Kotak Mahindra Bank Limited, Nomura Capital (India) Private Limited, Aditya Birla Finance Limited, STCI Finance Limited and certain other institutions, in the refinancing of TARC Limited’s existing debt.
Wadia Ghandy Advises HDFC In Concluding The Largest Securitisation Transaction Worth 9000 Cr.
Wadia Ghandy & Co. advised HDFC Bank Limited in concluding India’s largest asset backed securitisation transaction having a deal value of Rs. 9,062 crore.
This was the first securitisation transaction originated by HDFC Bank Limited and Wadia Ghandy assisted them with both structuring and finalising the transaction documents.
Partners Piyush Kumar and Vibhuti Khetan led the transaction and were assisted by Associates Ajit Ingle and Ashlin Joseph. Deputy Managing Partner Nihas Basheer provided strategic inputs in the matter.
Talat Shah
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