Summary
- JSA Advocates has provided legal advice to Gelos Solren Private Limited regarding a significant financial arrangement.
- The company, an SPV of Mahindra Susten, is set to avail a rupee facility not exceeding ₹875 crore from the Export-Import Bank of India.
- This facility includes a letter of credit facility of up to ₹600 crore as a sub-limit.
- The transaction marks a crucial step for Gelos Solren in securing necessary funding for its operations.
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