Axis Finance secures ₹750 crore from Kedaara Capital; Cyril Amarchand Mangaldas, Veritas Legal advise
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Summary
Axis Finance Limited has secured an investment of approximately ₹750 crore from Kedaara Capital (investing through two entities, Kedaara Capital Fund IV AIF and Kedaara Pearl Holding) by way of subscription to approximately 5% of the issued and subscribed paid-up share capital of the Company.Cyril Amarchand Mangaldas advised Axis Finance Limited and Axis Bank Limited on this transaction. The Firm advised on key considerations for structuring and finalizing binding documentation for the tran