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JC - Article - Udaipur Cement Works Limiteds INR 350 Crores Non Convertible Debentures Offering


11 Nov 2022

Udaipur Cement Works Limiteds INR 350 Crores Non Convertible Debentures Offering

Published by Global Legal Chronicle
Click here to view article in Published website.

Udaipur Cement Works Limited's INR 350 Crores Non-Convertible Debentures Offering

View all posts by Sonia Carcano                                                                                                                    November 11, 2022

Juris Corp advised Udaipur Cement Works Limited for raising funds through listed non-convertible debentures.

Udaipur Cement Works Limited (NSE:UDAICEMENT), announced the raising INR 350 crores through issue of listed, guaranteed, secured non-convertible debentures (NCDs).

The NCDs bear a floating rate and are linked to an external benchmark.

Udaipur Cement Works Limited, part of the JK Lakshmi group, is one of the leading cement manufacturing company that has its roots originated in the city of lakes, state of Rajasthan, in western India.

The Juris Corp team consisted of Partner Apurva Kanvinde (Picture) and Associate Smit Parekh.

Involved fees earner: Apurva Kanvinde - Juris Corp ; Smit Parekh - Juris Corp ;

Law Firms: Juris Corp ;

Clients: Udaipur Cement Works Limited ;