Shardul Amarchand Mangaldas & Co. advised Mrs. Bectors Food Specialities Limited (“one of the leading companies in the branded biscuits division and the premium bakery division in North India”) on the Qualified Institutions Placement of equity shares aggregating to approximately USD 47 million.
ICICI Securities Limited and SBI Capital Markets Limited were the lead managers on the QIP.
SAM & Co. team was led by Sayantan Dutta, Partner with assistance from Debolina Mitra, Associate; Anumeha Agrawal, Associate; and Ayesha Khosla, Associate. Special thanks to Kaushik Parkhe, Associate.
Mrs. Bectors Food Specialities Limited is one of the leading companies in the branded biscuits division and the premium bakery division in North India.