Birla Corporation’s Non-convertible Debentures Offering

Juris Corp advised Birla Corporation on the deal.

Birla Corporation Limited issued secured, unlisted, rated, redeemable non-convertible debentures on a private placement basis aggregating to INR 150 crores (approx. $19.8 million).

Birla Corporation Limited is a listed company, engaged in the business of manufacturing clinker, cement and jute having plants and factories in Madhya Pradesh, Rajasthan, West Bengal and Uttar Pradesh, under the voluntary retention route introduced by the Reserve Bank of India.

The Juris Corp team was led by Partner Ms. Apurva Kanvinde (Picture), associates Ms. Jui Masurekar and Mr. Smit Parekh.

Involved fees earner: Apurva Kanvinde – Juris Corp ; Jui Masurekar – Juris Corp ; Smit Parekh – Juris Corp ;

Law Firms: Juris Corp ;

Clients: Birla Corporation ;