GMR Infrastructure has raised Rs. 1,477 crore ($246 million) through the issuance of shares to qualified institutional investors..Clifford Chance acted as the international legal counsel for lead managers Merrill Lynch, Deutsche Bank, J.P. Morgan, Axis Capital and ICICI Securities while Amarchand Mangaldas acted as domestic legal counsel..The Clifford Chance team was led by Partner Rahul Guptan along with Counsel Paul Kuo and Senior Associate Jeremy Ward..The Amarchand team was led by Mumbai Partner Yash Ashar..Link Legal advised GMR Infrastructure with a team led by Partners Anand Srivastava and Ajay Sawhney along with Principal Associates Gautham Srinivas and Milind Jha..“We’re very pleased to have assisted on this transaction,” commented Clifford Chance’s Rahul Guptan. “Since the [general] elections, we are seeing a definite comeback in India’s capital markets.”
GMR Infrastructure has raised Rs. 1,477 crore ($246 million) through the issuance of shares to qualified institutional investors..Clifford Chance acted as the international legal counsel for lead managers Merrill Lynch, Deutsche Bank, J.P. Morgan, Axis Capital and ICICI Securities while Amarchand Mangaldas acted as domestic legal counsel..The Clifford Chance team was led by Partner Rahul Guptan along with Counsel Paul Kuo and Senior Associate Jeremy Ward..The Amarchand team was led by Mumbai Partner Yash Ashar..Link Legal advised GMR Infrastructure with a team led by Partners Anand Srivastava and Ajay Sawhney along with Principal Associates Gautham Srinivas and Milind Jha..“We’re very pleased to have assisted on this transaction,” commented Clifford Chance’s Rahul Guptan. “Since the [general] elections, we are seeing a definite comeback in India’s capital markets.”
