Khaitan, Cyril Amarchand on Tata Consumer Products Rights issue to raise 3,000 crore

Tata Consumer Products Limited has made a rights issue of 3,66,47,492 equity shares at a price of ₹818 per equity share.

Cyril Amarchand advised Tata Consumer Products.

Khaitan & Co acted as the Legal Counsel to the Bankers (Kotak Mahindra Capital Company Limited, Axis Capital Limited and HSBC Securities and Capital Markets India Private Limited) in relation to the rights issue.

The transaction team consisted of Abhimanyu Bhattacharya (Partner), Thomas George (Partner), Suman Prabhu (Principal Associate), Aadhya Singh (Associate) and Tharun Vadlapatla (Associate).

Rishi Gautam is the Global General Counsel and Lead Legal at Tata Consumer Products.

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