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Mansukhlal Hiralal, Trilegal act on Baring Private Equity, Ananta Capital, Patni Family INR 76.6 crore investment in PGEL

PGEL is one of India’s leading players in electronic manufacturing; plastic injection moulding and manufacturing; printed circuit board assemblies, etc.

Bar & Bench

PG Electroplast Limited (PGEL) is raising ₹76.6 crore through compulsorily convertible debentures (CCD) and preferential allotment of equity shares.

Baring Private Equity India AIF, Ananta Capital and the Patni family office are participating through preferential allotment of Equity Shares of ₹40.30 crores and CCDs of ₹36.30 crores in the company.

Mansukhlal Hiralal & Co (Advocates and Solicitors) acted on behalf of PGEL.

The team was led by Partner Bhushan Shah along with Of Counsel Chirag Shah, Senior Associate Shreya Dalal and Associate Rishab Jain.

Trilegal acted for Baring Private Equity India AIF.

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