Triumvir Consultancy guides Alchemy Green Technology in the release of a $3.78 million Offering of Common Shares
Alchemy Cleantech, a Thane-based company focused on clean energy and infrastructure projects, has successfully completed a PE/VC fund raise transaction. This significant capital infusion was facilitated by Triumvir Law, a reputable law firm known for its expertise in advising on complex transactions.
In this transaction, Triumvir Law played a pivotal role by providing legal advice on the transaction structure, drafting the Optionally Convertible Debentures (OCD) Agreement, and offering closing assistance. The firm ensured compliance with applicable foreign exchange management laws, company laws, and Securities and Exchange Board of India (SEBI) regulations.
The OCD Agreement was meticulously drafted by Triumvir Law, taking into account the regulatory framework governing the issuance. The firm also managed compliance with foreign exchange management laws and ensured adherence to company and securities laws. Furthermore, they supported the transaction closure, demonstrating their commitment to ensuring a successful outcome.
The core team from Triumvir Law, including senior partners and associates, handled the legal due diligence and documentation aspects essential for the transaction's completion. One of the key associates involved in the transaction was Shivali Srivastava.
This engagement underscores Triumvir Law’s comprehensive legal advisory role in facilitating Alchemy Cleantech’s clean energy fundraising through convertible debt instruments aligned with regulatory guidelines. The firm's previous involvement in Alchemy Cleantech's PE/VC fund raise transaction further solidifies their position as a trusted partner in the clean energy sector.
Alchemy Cleantech, with its dedication to advancing innovative solutions in the clean energy sector, aims to contribute to a more sustainable and environmentally friendly future. This transaction marks a significant step towards achieving this goal.
[1] Source: Triumvir Law press release, dated [insert date] [2] Source: Alchemy Cleantech press release, dated [insert date] [3] Source: Raisen BioCNG Private Limited press release, dated [insert date] [4] Source: Ankleshwar BioCNG Private Limited press release, dated [insert date] [5] Source: Securities and Exchange Board of India (SEBI) filings, dated [insert date]
- The business transaction between Alchemy Cleantech and various investors was facilitated by Triumvir Law, who provided legal advice and ensured compliance in finance matters, including the drafting of the Optionally Convertible Debentures (OCD) Agreement, foreign exchange management laws, company laws, and Securities and Exchange Board of India (SEBI) regulations.
- Triumvir Law, a reputable law firm, demonstrated their commitment to the clean energy sector by providing extensive legal advisory services for Alchemy Cleantech's clean energy fundraising through convertible debt instruments, thus consolidating their position as a trusted partner in this sector.
