In a substantial move to fuel growth and bolster its financial position, Sansera Engineering Limited recently conducted a Qualified Institutions Placement (QIP), issuing 7,722,007 equity shares at a face value of INR 2 each, amassing a total of INR 1200 crore. Leading the charge on the legal front, Khaitan & Co served as the Indian legal counsel for the deal, navigating the intricacies of the transaction.
The Khaitan team, comprising Partner Thomas George, Principal Associate Suman Prabhu, and associates Tharun Vadlapatla, Mitluv Semwal, and Rupa Veena S, handled the legal diligence and documentation that anchored this placement. Their expertise supported Sansera’s strategic aims as it reinforced its capital base through institutional engagement.
