Saraf And Partners Acted For (i) LIC Housing Finance Limited and (II) IDBI Trusteeship Services Limited

Saraf And Partners Acted For (i) LIC Housing Finance Limited and (ii) IDBI Trusteeship Services Limited

Saraf and Partners acted as the sole deal counsel to (i) LIC Housing Finance Limited and (ii) IDBI Trusteeship Services Limited in relation to the issuance of non-convertible debentures aggregating to INR 50,000,00,00,000 by LIC Housing Finance Limited on a private placement basis under the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 (“NCS Regulations”), and the Master Circular for Issue and Listing of Non-Convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper dated 10th of August, 2021.

The Firm provided key support to LIC Housing Finance Limited and IDBI Trusteeship Services Limited in terms of managing the transaction, issue process and on various aspects of Indian Law.

Abir Lal Dey (Partner) led the team at Saraf and Partners.