Cases & Deals

IDFC Securities, ICICI Securities, and Emkay Global Financial Services complete INR 4.4 billion qualified institutions placement and Regulation S offering by IRB Infrastructure Developers

Clients IDFC Securities Limited, ICICI Securities Limited, and Emkay Global Financial Services Limited

Jones Day represented IDFC Securities Limited, ICICI Securities Limited, and Emkay Global Financial Services Limited, as placement agents, in connection with the INR 4.4 billion (US$70.8 million) of Equity Shares in a qualified institutions placement under Section 4(a)(2) and Regulation S of the United States Securities Act of 1933, as amended, by IRB Infrastructure Developers Limited, an infrastructure development and construction company in the roads and highways sector.