Dentons Link Legal advised IDBI Capital Markets & Securities Limited, BNP Paribas, Emkay Global Financial Services, Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited, the Book Running Lead Managers, in relation to Qualified Institutions Placement. Through this placement, Indian Renewable Energy Development Agency Limited, issued and allotted 121,466,562 Equity Shares of face value ₹ 10 each at an issue price of ₹ 165.14 per Equity Share (including a premium of ₹ 155.14 per Equity Share), aggregating up to ₹ 2,005.90 crores.
The placement document was filed with the stock exchanges i.e., BSE Limited and the National Stock Exchange of India Limited.
The deal team comprised of Shailender Sharma (Partner), Kunal Mehta (Principal Associate), Aashna Batra (Senior Associate), Diksha Chawla (Associate), Kumar Aditya (Associate), Anmay Agarwal (Associate), Kartikeya Tyagi (Associate), Madhuri Pilania (Associate) and Taksh Khanna (Associate) headed by Milind Jha (Partner).
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