S&R Associates represented Kotak Mahindra, Axis Capital and Avendus Capital, placement agents, in the INR 22.63 billion initial offer of units by way of private placement by Sustainable Energy Infra Trust, India’s largest renewable energy listed infrastructure investment trust (InvIT), co-sponsored by the Mahindra Group and Ontario Teachers’ Pension Plan Board.
The S&R team was led by partners Swapneil Akut and Pratichi Mishra, and included associates Ishan Seth, Taneesh Shah, Aditya Jain, Sanjana Agrawal and Anushka Rungta.