Deal Corners
Deal Corner May 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 BriefIndia 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 RoleWe, at Nishith Desai Associates, acted as legal counsel to IndiaVenture Trust for this Transaction. |
Inspiration
