Veritas Legal‘s banking and finance offering stands out for its strong focus on infrastructure finance, handling rupee term loan matters and bond issuance work for a variety of clients in the sector. Jhinook Roy heads up the team and has extensive experience advising on large-scale infrastructure projects and financing transactions.

Legal 500 Editorial commentary

Key clients

  • ICICI Bank
  • TPG Growth II SF Pte. Ltd.
  • Excel Telesonic India Private Limited

Work highlights

  • Advised ICICI Bank Limited on a rupee term loan and bank guarantee facilities aggregating to INR 223.73 crores to First Energy 4 Private Limited to part finance the cost of 56.85 MWP/ 38.2 MW AC solar project located at Village – Ottapidaram, Tuticorin, in the state of Tamil Nadu.
  • Advised TPG Growth II SF Pte. Ltd on a one-time settlement of foreign currency convertible bonds aggregating to USD 22.50 million issued by Flexituff Ventures International Limited.
  • Advised Excel Telesonic India Private Limited on the issuance of non-convertible debentures aggregating to INR 2,626,509,735 in 3 separate series to Macquarie Principal Finance Asia Pte. Limited and Bombay Gas Company Limited towards capital expenditure and general corporate purposes.

Practice head

The lawyer(s) leading their teams.

Jhinook Roy