Godrej Properties is raising Rs. 1,000 crore ($150 million) through preferential issue of shares to a Singapore-based GIC-managed investment company, Gamnat Pte. Ltd..Cyril Amarchand Mangaldas advised Godrej Properties with a team led by Partners Yash Ashar and Nagavalli Gopalakrishna along with Principal Associate S Harish and Associate Amrita Mohan..Nishith Desai Associates acted for Gamnat with a team led by Leaders Nischal Joshipura and Ruchir Sinha along with Senior Associate Shreyas Bhushan..The investment company will have a stake of 5 percent in the company post allotment of shares, reported Business Standard..Image taken from here.
