Exclusive Advisor to Agarwal Industries Private Limited (AIPL) for its debt resolution

Recapitalization

Service

December 2022

Date

Industrials

Sector

INR 1,500 MN

Deal Value

Exclusive Advisor to Agarwal Industries Private Limited (AIPL) for its debt resolution

Deal Highlights

  • Complex case of an old NPA with history of failed OTS resulting in trust deficit amongst stakeholders.
  • Delivered an optimal “Win-Win” solution for all stakeholders through debt assignment to ARC.
    • Upfront Recovery & No incremental sacrifice to lender
    • Fair Price Discovery under Open Auction
    • Amicable resolution avoided legal repercussions for Company & Promoter
    • Addressed funding constraints of borrower

Nuvama Contribution

  • Created perfect bridge between lender and borrower by rebuilding trust amongst themselves which helped us consummating the transaction
  • Negotiated with all stakeholders to provide best fit solution
  • End to end handholding of the Company on all transaction related matters