Argus Partners Advises Adhunik Power & Natural Resources on Edelweiss ARC’s Exit Transaction
We are pleased to announce that Argus Partners advised Adhunik Power & Natural Resources Limited (“Adhunik”) in connection with the investment of INR 1400 crore made by Davidson Kempner. These funds were utilised by Adhunik to provide a complete exit to its existing lender Edelweiss Asset Reconstruction Company.
The investment was made by way of subscription to non-convertible debentures (NCDs) issued by Adhunik and its promoter entities.
The team at Argus Partners consisted of, Aastha, Nidhi Arya (Partners) and Dileep Krishnan, Surabhi Smita (Associates).
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