Amarchand, S&R and Jones Day act on SKS Microfinance’s Rs. 400 crore QIP

Amarchand Mangaldas advised micro lender SKS Microfinance in raising Rs. 400 crore though a sale of 17.7 million equity shares to qualified institutional investors. This is the single largest capital raise in the microfinance sector since SKS Microfinance’s IPO in August 2010, according to VCCircle.