• Lex Favios acted as legal counsel to Reliance Chemotex Limited in connection with its Rights Issue. The issue size was INR 2,480.93 Lakhs, with ICICI Bank acting as Banker to the Issue. The firm was responsible for conducting legal due diligence, drafting the Letter of Offer, and assisting the company and the merchant bankers with respect to the transaction.
  • Lex Favios acted as legal counsel to Geophysical Sub-Strata Ltd. in connection with its listing on the Singapore Exchange. The firm conducted due diligence on the Indian group entities of the company, vetted the Offering Document filed with the exchange, and advised from an Indian law perspective. Geophysical Sub-Strata Ltd. established a U.S.$400,000,000 guaranteed multicurrency medium-term note programme and issued U.S.$151,500,000 guaranteed medium-term notes.
  • Lex Favios acted as legal counsel to Cybermate Infotek Limited, a Bombay Stock Exchange-listed company, in connection with the issue of U.S.$10,500,000 1% Foreign Currency Convertible Bonds due 2022, convertible into shares of the company. The firm conducted a comprehensive legal due diligence on all affairs of the company and was involved in drafting the Offering Circular and other related documents for such listing.
  • Lex Favios acted as legal counsel to Shri Karni Holdings Limited, a British Virgin Islands company with its corporate office in New York, USA, in connection with the listing of 70,000,000 shares on The Barbados Stock Exchange on International Securities Market (ISM) on February 24, 2020. The shares were valued at U.S.$6.25 upon listing and began trading under the symbol “SHKHL”. The total listing value was U.S.$437,500,000. The firm assisted in drafting the Listing Document and advised on risk factors on behalf of Shri Karni Holdings Limited.
  • Lex Favios acted as legal counsel to Neurosynaptic Communications Pvt. Ltd. (Neurosynaptic Healthsquad Telemedicine) in connection with its undisclosed Series A round of funding from Healthquad, Indian Angel Network, and Axilor Ventures (backed by Infosys co-founders). The firm acted as sole counsel, assisting in drafting the Share Purchase Agreement and reviewing all other fundraising documents.