Summary
- S&R Associates has successfully advised UltraTech Cement Limited on its issuance of listed non-convertible debentures worth INR 50 billion through private placement.
- The firm represented UltraTech, the flagship cement company of the Aditya Birla Group, in this significant financial move.
- The advisory team was led by partner Kinnari Sanghvi, alongside associates Manan Sheth and Nikita Mohapatra.
- This issuance marks a crucial step for UltraTech Cement in enhancing its capital structure and funding capabilities.
Join the discussion ā sign up to comment, upvote, and save articles.