India:
Rodere Holdings Limited, Cyprus, Investment In Orbit Highcity Private Limited
08 August 2019
Nishith Desai Associates
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Deal Brief
Rodere Holdings Limited, Cyprus, made an investment of INR
2,000,000,000/- (Rupees Two Billion only)
("Investment") in Orbit Highcity Private
Limited ("Orbit") by way of subscribing
to compulsorily convertible debentures
("CCDs") of Orbit. The said Investment
would be used by Orbit to develop an integrated township
project.
Our Role
We, at Nishith Desai Associates, acted as legal counsel to Orbit
for this Investment.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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