Trilegal Advised Azad Engineering On Raising INR 7,000 Million Through QIP

Trilegal Advised Azad Engineering On Raising INR 7,000 Million Through QIP

Trilegal successfully advised Azad Engineering Limited in its qualified institutions placement of 5,468,750 equity shares of face value of INR 2 each aggregating to INR 7,000 million.

Azad Engineering Limited is one of key manufacturers of qualified product lines supplying to global Original Equipment Manufacturers (“OEMs”) in the energy, aerospace and defence, and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components.

The Trilegal Capital Markets Team advising on the mandate was led by Partner: Vinay Sirohia; and supported by Associates: Vedansh Batwara, Shubh Dutta Ojha, and Animesh Tiwari.