TT&A advised ICICI Securities Limited and Avendus Capital Private Limited which acted as the lead managers for a qualified institutions placement by Kalpataru Projects International Limited for an issue size aggregating to approx. INR 10,000 million.

KPIL is an EPC player with over four decades of industry experience, a global presence and the capabilities to provide EPC services across six verticals: (i) power transmission and distribution, (ii) buildings and factories, (iii) water supply and irrigation, (iv) oil and gas, (v) urban infrastructure, and (vi) railways, and has a multi-national presence with a global reach in 75 countries and ongoing projects in over 30 countries.

TT&A Team: Abhinav Kumar – Partner; Shubham Sancheti – Senior Associate and Ayana Banerjee, Dhruvi Shah, Daniyal Khan, Akshita Sharma, Sagar Purandare & Anand Kumar – Associates