DMD Advocates Advises Pakka Limited on INR 244 Crore Preferential Issue of Equity Shares and Convertible Warrants

Keywords: DMD Advocates, Pakka Limited, preferential issue, equity shares, convertible warrants, SBI Magnum Children’s Benefit Fund, SBI Optimal Equity Fund, BSE, NSE, compostable packaging, corporate law,

DMD Advocates recently advised Pakka Limited, a publicly listed company on BSE and NSE, on its preferential issue of equity shares and fully convertible warrants. This transaction, valued at approximately INR 244 crore, attracted multiple investors, including SBI Magnum Children’s Benefit Fund and SBI Optimal Equity Fund. Pakka Limited specializes in manufacturing compostable packaging solutions for the food industry.

Transaction Details

The transaction was led by DMD Advocates’ team, including Rashi Dhir, Senior Partner and Head of Corporate, along with Partner Saiyam Chaturvedi, Counsel Divay Rastogi, and Associate Tarush Bhandari. DMD Advocates provided Pakka Limited with legal guidance throughout the transaction, from structuring to compliance with applicable securities regulations.

About DMD Advocates

DMD Advocates is a premier full-service law firm in India with over three decades of experience. Known for delivering holistic legal solutions, the firm’s practice areas span Litigation and Arbitration, Corporate Law, Taxation (Direct and Indirect), Forensic Investigations, Governance, White-Collar Crimes, Regulatory Compliance, Intellectual Property Rights, and Competition Law.

Implications

This strategic capital raise will enable Pakka Limited to strengthen its position in the eco-friendly packaging sector, supporting its vision to provide sustainable, compostable packaging solutions. DMD Advocates’ role in facilitating this transaction underscores the firm’s expertise in handling complex corporate finance matters.

Stay tuned for live updates on the rupee’s movement and real-time business news on Kanishk Social Media—your go-to source for comprehensive stock market and legal news.