Lex Favios Acted As Legal Counsel To Sudiva Spinners In Securing ₹700 Cr Working Capital

Lex Favios has acted as legal counsel to Sudiva Spinners Private Limited in a significant financial transaction. The company

Update: 2024-07-22 13:45 GMT


Lex Favios Acted As Legal Counsel To Sudiva Spinners In Securing ₹700 Cr Working Capital

Lex Favios has acted as Legal Counsel to Sudiva Spinners Private Limited in a significant financial transaction. The company has availed facilities from Bank of Baroda, Bhilwara, and other consortium banks for its working capital facilities amounting to INR 700 Crores. Notably, Lex Favios acted as Counsel on behalf of Bank of Baroda, Bhilwara in this transaction.

Sudiva Spinners Private Limited, incorporated in 2007, is a well-known manufacturer and supplier of 100% cotton yarn, blended yarn, and knitted grey fabric. The company is situated in Bhilwara, Rajasthan, India.

The Lex Favios team, led by Manan Oberoi, Partner, and Pooja Singh, Associate Partner, provided expert Legal Counsel in facilitating this transaction. Their expertise ensured the successful availing of the working capital facilities for Sudiva Spinners.

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