Trilegal advised DAM Capital Advisors and Emkay Global Financial Services on Anant Raj’s INR 11,000 million QIP
The Leading Law firm in Inida, Trilegal advised DAM Capital Advisors Limited and Emkay Global Financial Services Limited on the qualified institutions placement (QIP) of Anant Raj Limited.
Anant Raj Limited (Company) is a residential real estate developer and data centre company in the Delhi-NCR region and has a diversified portfolio including development of residential integrated townships, group housing, affordable housing, IT parks, malls, office spaces, hotels, and data centers. The Company had commenced its operations in 1974 and has also ventured into cloud services with its cloud platform ‘Ashok Cloud’ to provide tailored, secured, and robust cloud services.
The proceeds from the QIP will be utilised for development of data centres, construction of ongoing projects, acquisition of land and development rights, and repayment or pre-payment of debt.
The Trilegal team was led by Richa Choudhary (Partner) and Murtaza Zoomkawala (Partner), with support from Avinash Gautam (Senior Associate), Yatin Shikarpuri (Associate), and Pallavi Vuppu (Associate).
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