JSA advised Axis Capital Limited, BNP Paribas, J.P. Morgan India Private Limited, JM Financial Limited and Morgan Stanley India Company Private Limited in relation to the issue of up to 9,38,25,955 partly paid-up equity shares on a rights basis of UPL Limited (the “Company” and such Issue, the “Rights Issue”) aggregating up to INR 3,377.74 Crores.
Deal Value: Fast Track Rights Issue of up to 9,38,25,955 partly paid-up Equity Shares aggregating up to ₹ 3,377.74 Crores.
Our transaction team comprised of Lead Partner – Madhurima Mukherjee Saha, Principal Associate – Sagar Batra, and Associates – Bhavini Mohan, Richa Prasad, Harshita Agarwal, and Aryaman Singh.
Madhurima Mukherjee is a Partner at JSA and Head of the Capital Markets practice, with over 20 years of experience advising on India's most significant domestic and international securities offerings. Recognised as one of India's leading capital markets lawyers, she has advised on landmark IPOs, QIPs, rights issues, REITs, InVITs, block trades and strategic capital-raising transactions for top corporates, financial institutions, investors and government entities.