AZB & Partners Advised Monarch Networth Capital On HFCL Limited’s ₹5,500 Million QIP

AZB & Partners Advised Monarch Networth Capital on HFCL Limited’s ₹5,500 Million QIP

The leading law firm in India, AZB & Partners advised and represented Monarch Networth Capital Limited, acting as the book running lead manager, in relation to the qualified institutions placement (QIP) of equity shares by HFCL Limited, aggregating to approximately ₹5,500 million, India.

The transaction marks a significant capital markets fundraising by HFCL Limited and was undertaken in compliance with the applicable SEBI regulations governing qualified institutions placements.

The AZB & Partners deal team comprised Varoon Chandra (Senior Partner) and Agnik Bhattacharyya (Senior Partner), with support from Bharat Mordani (Senior Associate) and associates Tanaiy Tewari, Damini Mathur, Shivani Singh, Asit Singh Baghel, and Udit Prajapat.

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