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SNG & Partners assists investors and debenture Trustees on the issuance of Non-convertible debenture by Varroc Engineering Limited 


SNG Press Release.png
12 Sep 2023
Categories: Corporate Law News Law Firm News

The debentures have aggregate face value up to INR 250,00,00,000.

SNG & Partners has assisted the investor and the debenture trustee in relation to the issuance of 25,000 senior, unsecured, rated, listed, redeemable, rupee denominated, non-convertible debentures having a face value of INR 1,00,000 each aggregating up to INR 250,00,00,000 issued and allotted by VARROC ENGINEERING LIMITED. 

SNG & Partners acted as the legal counsel to the investors and debenture trustee. The firm provided comprehensive legal advice on the transaction including but not limited to the drafting, reviewing, and negotiation of transaction documents and subsequent listing of the debentures on the stock exchange.

Amit Aggarwal (Senior Partner) acted as engagement partner for the transaction.

The transaction team consisted of Aditya Vikram Dua (Partner), Aniket Sawant (Principal Associate) and Parvathi Menon (Associate).



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