Khaitan & Co acts on Issuance of Non-Convertible Debentures by OPG Power Generation

OPG Power Generation Private Limited has made a public issue of secured, rated, listed, redeemable, non-convertible debentures of face value of ₹1,00,000 each aggregating up to ₹50 crores (inclusive of a green shoe option of up to ₹25 crores), on a private placement basis.

The Debentures have been secured by way of creation of charge over identified immovable and movable properties of the Company along with a guarantee issued by its promoter, Gita Power & Infrastructure Private Limited.

Khaitan & Co advised OPG Power Generation in this issuance of debentures.

The core team consisted of Riya Bhattacharjee (Partner), Saranya Karanath (Associate), Akshansh Sharma (Associate) and Rishabh Kumar (Associate).

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.