S&R Associates represented Pilani Investment and Industries Corporation Limited, a listed investment holding company of the Aditya Birla Group, in its INR 5 billion issuance of listed non-convertible debentures on a private placement basis.
The S&R team was led by partners Aparna Ravi and Kinnari Sanghvi, and included associates Manan Sheth and Nikita Mohapatra.
For reference, please see the stock exchange announcement below in relation to the transaction: