Dhunseri’s INR 450 Million Financing

Khaitan & Co advised Dhunseri Poly Films Private Limited and Dhunseri Ventures Limited on the deal.

Dhunseri Poly Films Private Limited and Dhunseri Ventures Limited announced its external commercial borrowing of INR 450 million (Approx. $6.3 million) extended by HDFC Bank Limited, IFSC Banking Unit for the purpose of financing capital expenditure for upcoming project /set up of BOPET Plant at Panagarh. 

Dhunseri Ventures Ltd, formerly Dhunseri Petrochem Limited, is a holding company. The Company is a manufacturer of polyethylene terephthalate (PET) resin in India.  

The Khaitan & Co team was led by Partner Devidas Banerji (Picture), Nikita Nagori (Associate) and Anubhav Khamroi (Associate).

Involved fees earner: Devidas Banerji – Khaitan & Co.; Anubhav Khamroi – Khaitan & Co.; Nikita Nagori – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Dhunseri Poly Films Private Limited; Dhunseri Ventures Limited;

Author: Sonia Carcano