Deal CornerMay 01, 2012 India Venture Trust - Fund I, a scheme of IndiaVenture Trust subscribed to compulsorily convertible preference shares of Vardhman Chemtech Limited for INR 700 millionDEAL BRIEF India Venture Trust - Fund I, a scheme of IndiaVenture Trust ("IndiaVenture") subscribed to compulsorily convertible preference shares of Vardhman Chemtech Limited for INR 700 million (~USD 14 million). Vardhman Chemtech Limited is engaged in the business of manufacturing of bulk drugs, intermediates & fine chemicals in the isoxazoles segment of penicillin. OUR ROLE We, at Nishith Desai Associates, acted as legal counsel to IndiaVenture Trust for this Transaction. Disclaimer |
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