Powerica Limited’s $28 Million Loan Financing


Khaitan & Co. advised Kotak Mahindra Bank Limited on the deal.

Kotak Mahindra Bank Limited provided a INR 200 crore (approx. $28 million) loan financing to Powerica Limited.

Kotak Mahindra Bank Limited, provides banking and financial services to corporate and individual customers in India.

The Khaitan & Co. team was led by Partner Siddharth Srivastava (Picture), Kanika Kadam (Principal Associate), and Raunak Rahangdale (Senior Associate).

Involved fees earner: Kanika Kadam – Khaitan & Co.; Raunak Rahangdale – Khaitan & Co.; Siddharth Srivastava – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Kotak Mahindra Capital Co. Ltd.;

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Author: Michael Patrini