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JC - Article - Tata Housing Development Company Limited’s Raising Fund


08 Feb 2023

Tata Housing Development Company Limited’s Raising Fund

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

Tata Housing Development Company Limited’s Raising Fund

                                                                                                                                                                      February 8, 2023

Juris Corp advised Tata Housing Development Company Limited on the deal.

Tata Housing Development Company Limited executed the raising of INR 600 crores for refinancing and debt servicing of its existing debts ascertaining that such new debt raised is at better terms than their existing loan structure.

The funds were raised by way of issue of unsecured redeemable non-convertible debentures from various investors.

Tata Housing Development Company Limited is a subsidiary of Tata Sons Private Limited, one of India’s leading real estate companies.

The Juris Corp team was led by Partner Ms. Apurva Kanvinde (Picture), Mr. Smit Parekh (Associate) and Mr. Mannan Gala (Associate).

Involved fees earner: Mannan Gala – Juris Corp ; Apurva Kanvinde – Juris Corp ; Smit Parekh – Juris Corp ;

Law Firms: Juris Corp ;

Clients: Tata Housing Development Company Limited;