Godrej Properties is raising Rs. 1,000 crore ($150 million) through preferential issue of shares to a Singapore-based GIC-managed investment company, Gamnat Pte. Ltd..Cyril Amarchand Mangaldas advised Godrej Properties with a team led by Partners Yash Ashar and Nagavalli Gopalakrishna along with Principal Associate S Harish and Associate Amrita Mohan..Nishith Desai Associates acted for Gamnat with a team led by Leaders Nischal Joshipura and Ruchir Sinha along with Senior Associate Shreyas Bhushan..The investment company will have a stake of 5 percent in the company post allotment of shares, reported Business Standard..Image taken from here..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
