TT&A advised IFC in subscribing to unsecured, rated, redeemable, listed, non-convertible debentures for an aggregate principal amount of up to INR 100,00,00,000 by Ashiana Housing Limited (“Issuer”), through the electronic book building process. The proceeds from the subscription will be used by the Issuer towards inter alia the acquisition of land and construction of housing project in Gurugram. 

TT&A Team: Gautam Saha – Joint Managing Partner; Nikhil Bahl – Partner and Daksh Middha – Senior Associate