"Asahi India Glass Raises ₹1,000 Crore Through Qualified Institutions Placement"

"Asahi India Glass Limited has successfully completed a qualified institutions placement (QIP) of 1,18,37,261 equity shares, raising approximately ₹1,000 crore. The transaction was represented by AZB & Partners, with Economic Laws Practice advising the lead managers, Motilal Oswal Investment Advisors Limited and Axis Capital Limited. Hogan Lovells provided US legal counsel for the lead managers. Asahi India Glass is a prominent manufacturer and supplier of architectural float glass in India."

In a recent transaction involving Asahi India Glass Limited, three law firms participated: AZB & Partners represented the company, Economic Laws Practice (ELP) advised the lead managers, and Hogan Lovells served as the US legal counsel for the lead managers. Asahi India Glass Limited successfully completed a qualified institutions placement (QIP) of 1,18,37,261 equity shares, aggregating to approximately ₹1,000 crore. The legal teams involved in the transaction included: - **AZB & Partners**: - Varoon Chandra (Senior Partner) - Agnik Bhattacharyya (Senior Partner) - Rajat Chadha (Senior Associate) - Harsh Vardhan Singh (Associate) - Vaibhav Kumar Shah (Associate) - Shivani Singh (Associate) - Asit Singh Baghel (Associate) - **Economic Laws Practice (ELP)**: - Geeta Dhania (Partner) - Himani Sharma (Counsel) - Ridhi Jain (Senior Associate) - Shreeya Srungarapu (Associate) - Anusha Agrawal (Associate) - Arpita Pattnaik (Associate) - **Hogan Lovells**: - Biswajit Chatterjee (Head of the India Practice and Dubai Office Managing Partner) - Kaustubh George (Counsel) - Suchisubhra Sarkar (Senior Associate) - Purva Mishra (Associate)

"Asahi India Glass Raises ₹1,000 Crore Through Qualified Institutions Placement"

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