Khaitan & Co advised Bajaj Electricals Limited on the offering.
Bajaj Electricals Limited offered equity shares at a price of INR 310 per shar (including a premium of INR 308 per Rights Equity Shares) aggregating upto INR 3,499.94 million (approx. $47.5 million). Edelweiss Financial Services Limited acted as the lead manager to the Rights Issue.
Bajaj Electricals Ltd (BSE: 500031) is an Indian consumer electrical equipmentmanufacturing company based in Mumbai.
The Khaitan & Co team included Executive Director Sudhir Bassi (Picture), Madhur Kohli (Partner), Oishik Bagchi (Principal Associate), Devarshi Mukhopadhyay (Associate), Adrika Dhawan (Associate)
Law Firms: Khaitan & Co.;
Clients: Berar Finance;