16 Jun 2026
Deal: JM Financial Products proposed public issue of non – convertible debentures
20 Sep 2021
20 Sep 2021
JM Financial Products Limited (Issuer) has filed a shelf prospectus and a tranche prospectus for the proposed public issue of non – convertible debentures (NCDs) with a shelf limit of INR 1,500 crore (Issue) with the current tranche prospectus for issuance of NCDs aggregating up to INR 500 crore under the above shelf limit. Equirus Capital Private Limited and JM Financial Limited have advised the Issuer as Lead Managers.
Trilegal advised and acted as the sole legal counsel for this Issue.
This is one of the first public issuance of NCDs undertaken by a company under the new amendment dated September 7, 2021, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2021 (SEBI LODR Amendment Regulations) and one of the first few public issuances of NCDs undertaken by a company under the new SEBI (Issue of Non – Convertible Securities) Regulations, 2021 (SEBI NCS Regulations). The SEBI LODR Amendment Regulations and SEBI NCS Regulations introduced certain important changes pertaining to the disclosures as well as the process-related compliances, which were analysed for this issue and appropriately implemented.
The Trilegal team was led by Richa Choudhary, Partner and was assisted by Avanti Kale and Ananya Sharma, Senior Associates; Aman Bahl and Aman Vasavada, Associates.
For more information, please contact:
Sahil Wason
Tel: +91-8928008122
BD@Trilegal.com
Trilegal expands its Intellectual Property practice with the addition of two new Partners
Deal: Trilegal advised Indus Infra Trust on its Institutional Placement (IP) and preferential allotment aggregating to approximately INR 2,000 crore First institutional placement by a road InvIT for the acquisition of third-party assets
Deal: Trilegal advises Kimbal on its Series B fundraise from GEF Capital Partners and Niveshaay Sambhav Fund
Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website, www.trilegal.com, you acknowledge that:
We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:
For more information, please read our terms of use and our privacy policy.
