Banking deal closure – SWAMIH Fund

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The Firm recently acted for and advised SWAMIH Fund in connection issuance of non-convertible secured debentures aggregating up to INR 1.65 Billion by DSS Buildtech Private Limited (“Issuer”), a subsidiary of Silverglades Holdings Private Limited for part financing the cost of construction of the GH project titled “The Melia” [RERA registration number 288 of 2017] comprising of 12 residential towers (Towers A, B, C, D, E, F, G, H, I, J, First Citizen Towers (S1, S2) and one EWS Tower having total saleable area of 15.33 lacs sq. ft. housing 990 residential units and 176 EWS Units being constructed and developed by the Issuer (the “Project”).

The Team:

The transaction team consisted of Mr. Girish Rawat (Partner), Mr. Varun Chauhan (Senior Associate), Ms. Ashneet Chhabra (Associate) and Ms. Riya Manuja (Associate)…

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