• Lenders Legal counsel for State Bank of India for review of  Working Capital Facility of Rs. 142.28 Crore to M/s DCM Shriram Industries Limited raised. The firm assisted in the negotiation, drafting of the facility and security documents.

 

  • Lex Favios negotiated and drafted documents relating to the COVID facility extended by the State Bank of India to M/s Gravita India Limited. The Lex Favios team negotiated and drafted Facility Agreements & Security Documents.

 

  • Consortium Agreements on behalf of State Bank of India – Lex Favios was involved in drafting, vetting and negotiating the facility agreement, inter-creditors agreement, authority letters, security trustee agreement, deed of hypothecation, indenture of mortgage, omnibus counter-guarantee for bank guarantee, indemnity for a letter of credit, and other miscellaneous undertakings on behalf the consortium, valued at INR. 531.44 Crore.

 

  • Lex Favios advised the leading NBFC, SREI Equipment Finance Limited, on the drafting, and vetting of the Facility Agreement, Deeds of Personal and Corporate Guarantee, Deed of Mortgage, Pledge Agreements, and other related undertakings for Loan Amount of INR. 110 Crores, extended to a private limited company based out of Hyderabad, India.

 

  • DCM Shriram Industries Limited had availed facilities from SBI and other consortium banks for its Daurala Sugar Works Division and Sriram Rayons Division for its working capital facilities amounting to INR 305 Crore. Lex Favios acted as counsel on behalf of SBI (the Lead Bank of the Consortium). Lex Favios advised the consortium on drafting, vetting and negotiating the facility agreement, inter-creditor agreement, authority letters, security trustee agreement, deed of hypothecation, indenture of mortgage, omnibus counter-guarantee and other related undertakings.

 

  • Lex Favios acted as Lenders Legal Counsel (“State Bank of India”), with respect to Project Finance/Term Loan raised by Technique Solaire Invest 1 India Private Limited amounting to INR  200 Million from SBI for refinancing of its 5 MW solar unit situated in Uttarakhand and MH Technique Solaire India Private Limited had availed project finance/term loan facilities amounting to INR 540  Million from SBI for construction of a 20 MW Solar Power Project in Maharashtra.

 

  • Lex Favios advised the leading NBFC, SREI Equipment Finance Limited, on the drafting, and vetting of the Facility Agreement, Deeds of Personal and Corporate Guarantee, Deed of Mortgage, Pledge Agreements, and other related undertakings for Loan Amount of INR. 110 Crores, extended to a private limited company based out of Hyderabad, India.

 

  • Lex Favios acted as counsel on behalf of SBI ( Lead Bank of the Consortium) and advised the consortium on drafting, vetting and negotiating the facility agreement, inter-creditor agreement, authority letters, security trustee agreement, deed of hypothecation, indenture of mortgage, omnibus counter-guarantee and other related undertakings. DCM Shriram Industries Limited had availed facilities from SBI and other consortium banks for its Daurala Sugar Works Division and Sriram Rayons Division for its working capital facilities amounting to INR 305 Crore.

 

  • Lex Favios advised an eight – bank consortium has provided working capital facilities of 531.44 Crore to M/s Sangam (India) Limited.  The consortium was led by the State Bank of India and included SBI, SBH, SBP, CB, OBC, SBBJ, PNB and IDBI. Lex Favios advised the consortium on the loan documentation. Lex Favios was involved in drafting, vetting and negotiating the facility agreement, inter-creditors agreement, authority letters, security trustee agreement, deed of hypothecation, indenture of mortgage, omnibus counter-guarantee for bank guarantee, indemnity for a letter of credit, and other miscellaneous undertakings on behalf the consortium.

 

  • Lex Favios advised on Loan Financing for Flex Films (USA) – Flex Films (USA) Inc. secured a loan of USD 16,500,000 by JP Morgan Chase Bank N.A. on the guarantee furnished to JP Morgan Chase Bank N.A. by Uflex Ltd. We have acted as Indian counsel to JP Morgan Chase Bank N.A. in connection with the issue of the Third Amendment to the Demand Guarantee issued by Uflex Limited for renewal of the guarantee furnished to JP Morgan Chase Bank N.A. We assisted in drafting the amendment to loan documents and review of the demand guarantee.

 

  • Consortium Agreements on behalf of State Bank of India – Lex Favios was involved in drafting, vetting and negotiating the facility agreement, inter-creditors agreement, authority letters, security trustee agreement, deed of hypothecation, indenture of mortgage, omnibus counter-guarantee for bank guarantee, indemnity for a letter of credit, and other miscellaneous undertakings on behalf the consortium, valued at INR. 531.44 Crore.

 

  • Morgan Chase Bank N.A. in connection with the issue of Third Amendment to the Demand Guarantee issued by Uflex Limited for renewal of the guarantee furnished to JP Morgan Chase Bank N.A. We assisted in drafting the amendment to loan documents and review of the demand guarantee.

 

  • Loan Financing for Uflex – Uflex Ltd. secured a Rupee term loan of Rupees Seventy Crore by TFCL to Uflex Ltd. from Tourism Finance Corporation of India Ltd. (“TFCL”) on the guarantee provided by AR Airways Private Limited. We have acted as legal counsel to TFCL.

 

  • Lex Favios acted as Lenders Legal Counsel of State Bank of India, with respect to
    Project Finance/Term Loan raised by Solar Energy Corporation of India amounting to
    INR. 520 Crore from SBI.

 

  • Lex Favios acted as Lenders Legal Counsel of State Bank of India, with respect to
    Project Finance/Term Loan raised by BRG Iron and Steel Co. Private Limited
    amounting to INR. 520 Crore from SBI.

 

  • Lex Favios acted as Lenders Legal Counsel of Axis Bank Limited, with respect to
    Project Finance/Term Loan raised by Renew Solar Energy (Jharkhand One) Private
    Limited amounting to INR. 600 Crore from Axis Bank Limited.

 

  • Lex Favios acted as legal counsel to Sudiva Spinners Private Limited, wherein it has
    availed facilities from Bank of Baroda, Bhilwara and other consortium banks for its
    working capital facilities amounting to INR. 700 Crore. Lex Favios acted as counsel
    on behalf of Bank of Baroda, Bhilwara. Lex Favios was involved in drafting, vetting
    and negotiating the facility agreement, security trustee agreement, deed of
    hypothecation, Personal Guarantees, omnibus counter-guarantee, indemnity for a
    letter of credit, and other miscellaneous undertakings.

 

  • Lex Favios acted as legal counsel to DCM Shriram Industries Limited, wherein it has
    availed facilities from State of Bank of India and other consortium banks for its
    working capital facilities amounting to INR. 180 Crore. Lex Favios acted as Lenders
    legal counsel on behalf of State of Bank of India. Lex Favios was involved in
    drafting, vetting, and negotiating the Working capital consortium agreement, authority
    letters, security trustee agreement, deed of hypothecation, Agreement Cum Indemnity,
    Inter-se agreement and various undertakings.

 

  • Lex Favios acted as Lenders legal counsel of State of Bank of India with respect to
    multiple agreements such as drafting, and vetting of the Facility Agreement, Omnibus
    Counter Guarantee, ISDA master agreement, and other related undertakings for Loan
    Amount of INR. 617 Crore of Sona BLW Precision Forging Limited.

 

  • Lex Favios acted Lenders legal counsel of State of Bank of India with respect to
    multiple agreements such as drafting, and vetting of the Agreement-Cum-Indemnity,
    Unattested Joint Deed of Hypothecation, Working Capital Agreement, Deed of
    Personal Guarantee, Security Trustee Agreement, Omnibus Counter Guarantee other
    related undertakings for Loan Amount of INR 305 Crore of Akums Drugs and
    Pharmaceuticals Limited.

 

  • Lex Favios acted as legal counsel to Ajanta Soya Limited, wherein it has availed
    facilities from State of Bank of India and other consortium banks for its working
    capital facilities amounting to INR. 166 Crore. Lex Favios acted as Lenders legal
    counsel on behalf of State of Bank of India. Lex Favios was involved in drafting,
    vetting of facility agreement, authority letters, security trustee agreement, deed of
    hypothecation, and other related documents.

 

  • Lex Favios acted as legal counsel to GLS Films Industries Private Limited, wherein it
    has availed facilities from State of Bank of India and other consortium banks for its
    working capital facilities amounting to INR.130 Crore. Lex Favios acted as Lenders
    legal counsel on behalf of State of Bank of India. Lex Favios was involved in
    drafting, vetting of Working Capital Consortium Agreement, Deed of Hypothecation,
    inter se Agreement, Borrower’s confirmation to inter se agreement, Deed of Personal
    Guarantee, Agreement Cum Indemnity, Omnibus Counter Guarantee, Security Trustee
    Agreement, and other related documents.

 

  • Lex Favios acted as legal counsel to Lex Favios, wherein it has acted as Lenders
    Legal Counsel of State Bank of India, with respect to Project Finance/Term Loan
    raised by Manikaran Hydro Private Limited amounting to INR. 45 Crore from SBI.

 

  • Lex Favios acted as legal counsel to Om Logistics Limited, wherein it has availed
    facilities from State of Bank of India and other consortium banks for its working
    capital facilities amounting to INR. 76 Crore. Lex Favios acted as Lenders legal
    counsel on behalf of State of Bank of India. Lex Favios was involved in drafting,
    vetting, and negotiating the facility agreement, deed of hypothecation, and other
    related documents.

 

  • Lex Favios acted as legal counsel to TR Sawhney Motors, wherein it has availed
    facilities from State of Bank of India and other consortium banks for its working
    capital facilities amounting to INR. 191 Crore. Lex Favios acted as Lenders legal
    counsel on behalf of State of Bank of India. Lex Favios was involved in drafting,
    vetting of Working Capital Consortium Agreement, Deed of Hypothecation, Inter se
    Agreement, Borrower’s confirmation to inter se agreement, Deed of Personal
    Guarantee, Agreement Cum Indemnity, Omnibus Counter Guarantee, Security Trustee
    Agreement and other related documents.

 

  • Lex Favios acted as legal counsel to Ananda Dairy Limited, wherein it has availed
    facilities from State of Bank of India and other consortium banks for its working
    capital facilities amounting to INR. 135 Crore. Lex Favios acted as Lenders legal
    counsel on behalf of State of Bank of India. Lex Favios was involved in drafting,
    vetting of Working Capital Consortium Agreement, Deed of Hypothecation, Inter se
    Agreement, Borrower’s confirmation to inter se agreement, Deed of Personal
    Guarantee, Agreement Cum Indemnity, Omnibus Counter Guarantee, Security Trustee
    Agreement and other related documents s.

 

  • Lex Favios acted as legal counsel to Fortune Metaliks Limited, wherein t has availed
    facilities from State of Bank of India and other consortium banks for its working
    capital facilities amounting to INR. 150 Crore. Lex Favios acted as Lenders legal
    counsel on behalf of State of Bank of India. Lex Favios was involved in drafting,
    vetting and negotiating the facility agreement, security trustee agreement, deed of
    hypothecation, omnibus counter-guarantee other related documents.

 

  • Lex Favios acted as legal counsel to T.R. Sawhney Automobiles Private Limited,
    wherein it has availed facilities from State of Bank of India and other consortium
    banks for its working capital facilities amounting to INR. 90 Crore. Lex Favios acted
    as Lenders legal counsel on behalf of State of Bank of India. Lex Favios was involved
    in drafting, vetting of Working Capital Consortium Agreement, Deed of
    Hypothecation, Inter se Agreement, Borrower’s confirmation to inter se agreement,
    Deed of Personal Guarantee, Agreement Cum Indemnity, Omnibus Counter
    Guarantee, Security Trustee Agreement and other related documents.

 

  • Lex Favios acted as legal counsel to Hyderise Foods Private Limited, wherein it has
    availed facilities from State of Bank of India and other consortium banks for its
    working capital facilities amounting to INR. 100 Crore. Lex Favios acted as Lenders
    legal counsel on behalf of State of Bank of India. Lex Favios was involved in
    drafting, vetting and negotiating of Working Capital Consortium Agreement, Deed of
    Hypothecation, Inter se Agreement, Borrower’s confirmation to inter se agreement,
    Deed of Personal Guarantee, Agreement Cum Indemnity, Omnibus Counter
    Guarantee, Security Trustee Agreement and other related documents.

 

  • Lex Favios acted as legal counsel to TPS Infrastructure Limited, wherein has availed
    facilities from State of Bank of India and other consortium banks for its working
    capital facilities amounting to INR. 165 Crore. Lex Favios acted as Lenders legal
    counsel on behalf of State of Bank of India. Lex Favios was involved in drafting,
    vetting of Working Capital Consortium Agreement, Deed of Hypothecation, Inter se
    Agreement, Borrower’s confirmation to inter se agreement, Deed of Personal
    Guarantee, Agreement Cum Indemnity, Omnibus Counter Guarantee, Security Trustee
    Agreement and other related documents.

 

  • Lex Favios acted as legal counsel to Eastman Auto & Power Limited had availed
    facilities from State of Bank of India and other consortium banks for its working
    capital facilities amounting to INR. 110 Crore. Lex Favios acted as Lenders legal
    counsel on behalf of State of Bank of India. Lex Favios was involved in drafting,
    vetting and negotiating the facility agreement, security trustee agreement, deed of
    hypothecation, omnibus counter-guarantee other related documents.

 

  • Lex Favios acted as legal counsel to Lex Favios acted as Lenders Legal Counsel
    (“State Bank of India”), with respect to Project Finance/Term Loan raised by Kajaria
    Ceramics Limited of India amounting to INR. 42 Crores from SBI.

 

  • Lex Favios acted as legal counsel to Lex Favios acted as Lenders Legal Counsel
    (“State Bank of India”), with respect to Project Finance/Term Loan raised by Norex
    Flavours Private Limited amounting to INR. 52 Crores from SBI.

 

  • Lex Favios acted as Lenders Legal Counsel of State Bank of India, with respect to
    Project Finance/Term Loan raised by 4PEL Reliable Power Services Private Limited
    amounting to INR. 31 Crores from SBI.

 

  • Lex Favios acted as Lenders Legal Counsel of State Bank of India, with respect to
    Project Finance/Term Loan raised by Oasis Ethanol Industries Private Limited
    amounting to INR. 60 Crores from SBI.

 

  • Lex Favios acted as Lenders Legal Counsel of State Bank of India, with respect to
    Project Finance/Term Loan raised by Kajaria Ceramics Limited of India amounting to
    INR. 80 Crores from SBI.

 

  • Lex Favios acted as Lenders Legal Counsel (“State Bank of India”), with respect to
    Project Finance/Term Loan raised by IB Vogt Solar Four Private Limited amounting
    to INR. 56 Crores from SBI.