DMD Advocates Advised Pakka Limited On Preferential Issue Of Equity Shares And Convertible Warrants

DMD Advocates Advised Pakka Limited on Preferential Issue of Equity Shares and Convertible Warrants

DMD Advocates advised Pakka Limited on its preferential issue of equity shares and fully convertible warrants, aggregating to INR 244 crores (approximately), to multiple investors, including SBI Magnum Children’s Benefit Fund and SBI Optimal Equity Fund.

Pakka Limited, a public listed company on BSE Limited and National Stock Exchange of India Limited, is involved in the business of manufacturing compostable packaging solutions for food products.

The transaction was led by Rashi Dhir (Senior Partner & Head of Corporate), SaiyamChaturvedi (Partner), Divay Rastogi (Counsel), and Tarush Bhandari (Associate).