Deal Corner
January 01, 2000
Indiabulls Real Estate Limited's GDR Issue

DEAL BRIEF

Indiabulls Real Estate Limited (the "Company") raised USD 400 million of capital by way of offering of equity shares in the Company in the form of Global Depositary Receipts ("GDRs") priced at USD 10.32 per GDR, to be listed and traded on Luxembourg Stock Exchange ("GDR Issue").

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to Merrill Lynch International, the Lead Underwriter, to this GDR Issue


Disclaimer

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Deal Corner

January 01, 2000

Indiabulls Real Estate Limited's GDR Issue

DEAL BRIEF

Indiabulls Real Estate Limited (the "Company") raised USD 400 million of capital by way of offering of equity shares in the Company in the form of Global Depositary Receipts ("GDRs") priced at USD 10.32 per GDR, to be listed and traded on Luxembourg Stock Exchange ("GDR Issue").

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to Merrill Lynch International, the Lead Underwriter, to this GDR Issue


Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.