Trilegal, and Khaitan acted on Keystone Realtors recently completed Qualified Institutions Placement (QIP) amounting to ₹8,000 million
Trilegal acted as legal counsel for Keystone Realtors in this transaction, with Richa Choudhary (Partner), Avanti Kale (Counsel), Aman Bahl (Associate), Urmil Shah (Associate), Shivayana Balodia (Associate) and Archit Jain (Associate) comprising the transaction team.
Khaitan & Co provided legal advice to the Book Running Lead Managers, represented by Subhayu Sen (Partner), Aparna Bagree (Principal Associate), Johann Valladares (Senior Associate), and Shreya Iyer.
Keystone Realtors, known for its diversified real estate projects under the Rustomjee brand in the Mumbai Metropolitan Area, intends to utilize the QIP proceeds for debt repayment, funding land acquisitions, associated costs, and general corporate purposes.
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