News and developments

Press Releases

SNG & Partners acted as the legal counsel to the JM Financial Group

SNG & Partners acted as the legal counsel to the JM Financial Group entities in subscription of 1350 Senior,
02 December 2024
Press Releases

SNG & PARTNERS ASSISTS INVESTORS AND TRUSTEES ON ISSUANCE OF NON-CONVERTIBLE DEBENTURES BY DLF CYBER CITY DEVELOPERS LIMITED

SNG & Partners acted as the legal counsel to the investors in relation to the issuances of secured, rated, listed, redeemable, non-convertible debentures of an amount aggregating INR 1100,00,00,000 by DLF CYBER CITY DEVELOPERS LIMITED.
08 October 2024
Press Releases

SNG & PARTNERS ASSISTS HDFC CREDILA FINANCIAL SERVICES LIMITED WITH INR 2500 (APPROX) CRORE FUNDRAISE

SNG & Partners advised and assisted HDFC Credila Financial Services Limited (HDFC Credila) in raising an estimated amount of INR 2500 crore.
30 September 2024
Press Releases

SNG & PARTNERS ADVISES STATE BANK OF INDIA ON TERM LOAN FACILITY AND A NON-FUN-BASED FACILITY, SANCTIONED TO MYRAYASH HOTELS PRIVATE LIMITED

SNG & Partners has advised the State Bank of India regarding a term loan facility of ₹200,00,00,000 and a non-fund-based facility of ₹5,00,00,000,
03 July 2024
Press Releases

Ravi Bhadani Joins SNG & Partners to Lead Insurance and Funds Practice

SNG & Partners recently announced an expansion of their partnership with the onboarding of Ravi Bhadani as the Partner of its Insurance and Funds practice.
29 May 2024
Press Releases

SNG & Partners advised State Bank of India on a lease rental term loan of Rs. 775.44 crores and a non-fund-based facility of Rs. 17.51 crores sanctioned to Velankani Information Systems Private Limited.

SNG & Partners advised State Bank of India in relation to lease rental term loan fund-based facility amounting to Rs. 775.44 CRORES and credit exposure non-fund-based facility amounting to Rs. 17.51 crores sanctioned to Velankani Information Systems Private Limited in relation to their real estate project at Electronic City, Bengaluru.
29 May 2024
Press Releases

SNG & Partners advised Axis Bank Limited in relation to construction finance amounting to INR 700 crores sanctioned to Prestige Falcon Business Parks

SNG & Partners advised Axis Bank Limited in relation to construction finance amounting to INR 700 crores sanctioned to Prestige Falcon Business Parks in relation to the commercial real estate development of “Prestige Tech Forest” at Bengaluru. SNG also advised on the partial sell down of the facilities to RBL Bank Limited. SNG advised both lenders in the transaction and provided legal advisory and documentation support; negotiating and finalizing the facility and security documents and the inter-creditor documentation. Since the intention to sell down was made known prior to the drafting of the facility and security documents, SNG carefully structured and drafted the documents so as to ensure that the sell down leg of the transaction was effected very efficiently and effectively. The ease of closing the second leg was appreciated by the lenders. The transaction was advised by Mr. Ashok Satyanathan (Partner), Ms. Sweta Mehta (Associate Partner), Ms. Avni Gupta (Associate) and Mr. Manan Pant (Associate).  
29 May 2024
Press Releases

SNG & Partners, a leading law firm established in 1962 and headquartered in India, proudly announces the official launch of its dedicated Japan Desk

SNG & Partners, a leading law firm established in 1962 and headquartered in India, proudly announces the official launch of its dedicated Japan Desk.
22 March 2024
Press Releases

SNG & PARTNERS ASSISTS INVESTOR AND DEBENTURE TRUSTEE ON ISSUANCE OF NON-CONVERTIBLE DEBENTURE BY MACROTECH DEVELOPERS LIMITED

The debentures have aggregate face value up to INR 2,800,000,000.
22 March 2024
Press Releases

SNG & PARTNERS ASSISTS INVESTOR AND DEBENTURE TRUSTEE ON ISSUANCE OF NON-CONVERTIBLE DEBENTURE BY DLF CYBER CITY DEVELOPERS LIMITED

The debentures have aggregate face value up to INR 1,350,00,00,000.
21 March 2024
Press Releases

Sirisha Sampat joins SNG & Partners as a Partner in the Real Estate Practice

SNG & Partner welcomes Sirisha Sampat as a Partner in the Real Estate Practice, effective September 1st, 2023.
21 March 2024
Press Releases

DEAL SUBMISSION

SNG & PARTNERS ASSISTS THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED ON EXTERNAL COMMERCIAL BORROWING EXTENDED TO IIFL FINANCE LIMITED
21 March 2024
Deal submission

SNG & PARTNERS ASSISTS INVESTORS AND DEBENTURE TRUSTEE ON THE ISSUANCE OF NON-CONVERTIBLE DEBENTURE BY APL APOLLO BUILDING PRODUCTS PRIVATE LIMITED

The debentures have aggregate face value up to INR 200,00,00,000.
21 March 2024
Deal submission

SNG & PARTNERS ASSISTS LENDERS IN GREEN FINANCING AMOUNTING TO INR 1065 CRORES AVAILED BY PRAHITHA CONSTRUCTIONS PRIVATE LIMITED

SNG & Partners has assisted Lenders, in a multiple banking arrangement, in relation to green financing, aggregating up to INR 1065 crores availed by PRAHITHA CONSTRUCTIONS PRIVATE LIMITED.
21 March 2024
Deal submission

SNG & PARTNERS ASSISTS LENDERS IN GREEN FINANCING AMOUNTING TO INR 1150 CRORES AVAILED BY RMZ INFINITY (CHENNAI) PRIVATE LIMITED

SNG & Partners has assisted Lenders, in a multiple banking arrangement, in relation to loan facility (including green loan component), aggregating up to INR 1150 crores availed by RMZ INFINITY (CHENNAI) PRIVATE LIMITED.
21 March 2024
Press Releases

SNG & Partners announces promotions at Partner Level

SNG & Partners has announced promotions at the Partner and Associate Partner level. While Soumyajit Mitra, Subrata Mukherjee and Aditya Vikram Dua have been promoted to the position of Partners, there are four promotions to the Associate Partner designation, namely, Sweta Mehta, Samreen Paloba, Rashmi Raveendran, and Jahnavi Dwarkadas. With this recent development, the combined count of Partners and Associate Partners at the firm stands at 28.
21 March 2024
Press Releases

Sharad Joshi Joins SNG & Partners as a Project Finance Partner in the Corporate Practice

SNG & Partners welcomes Sharad Joshi, former Co-Founding Partner of Anoma Legal, as a Partner in the Corporate Practice. Sharad will be operating out of the Mumbai Office of the firm and brings with him a decade-and-a-half of experience in the Infrastructure Projects and Project Finance, with a focus on Energy and Transportation sectors. He holds an LL.M. and an LL.B. from Mumbai University and is qualified with the Bar Council of Maharashtra & Goa since November 2006.
21 March 2024
Press Releases

SNG & Partners Onboards Gaurav Sahay as Partner to Enhance Technology Practice in Bangalore

SNG & Partners has onboarded Gaurav Sahay as Partner to augment its Technology Practice. Gaurav, with over a decade and a half of experience in the technology sector, shall be joining the Bangalore Office of the firm, which is currently headed by Subrata Mukherjee. With Gaurav’s joining, the firm has taken yet another step to augment its presence in the Southern part of the country, after its exclusive alliance with R&P Partners last year.
21 March 2024