{"id":48186,"date":"2025-05-09T06:47:37","date_gmt":"2025-05-09T06:47:37","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=48186"},"modified":"2025-05-09T06:47:37","modified_gmt":"2025-05-09T06:47:37","slug":"argus-partners-advises-adhunik-power-natural-resources-on-edelweiss-arcs-exit-transaction","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/argus-partners-advises-adhunik-power-natural-resources-on-edelweiss-arcs-exit-transaction\/","title":{"rendered":"Argus Partners Advises Adhunik Power &amp; Natural Resources on Edelweiss ARC\u2019s Exit Transaction"},"content":{"rendered":"<p><strong>We are pleased to announce that Argus Partners advised Adhunik Power &amp; Natural Resources Limited (\u201cAdhunik\u201d) in connection with the investment of INR 1400 crore made by Davidson Kempner. These funds were utilised by Adhunik to provide a complete exit to its existing lender Edelweiss Asset Reconstruction Company.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>The investment was made by way of subscription to non-convertible debentures (NCDs) issued by Adhunik and its promoter entities.<\/p>\n<p>The team at Argus Partners consisted of, <a href=\"https:\/\/www.argus-p.com\/our-people\/our-partners\/aastha\/\">Aastha<\/a> and <a href=\"https:\/\/www.argus-p.com\/our-people\/our-partners\/nidhi-arya\/\">Nidhi Arya<\/a> (Partners) and <a href=\"https:\/\/www.argus-p.com\/our-people\/our-associates\/dileep-krishnan\/\">Dileep Krishnan<\/a>, <a href=\"https:\/\/www.argus-p.com\/our-people\/our-associates\/surabhi-smita\/\">Surabhi Smita<\/a> (Associates).<\/p>\n<p>Read more at: <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/edelweiss-arc-exits-adhunik-as-davidson-kempner-takes-control\/articleshow\/120501396.cms?from=mdr\">Economic Times<\/a>.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-48186","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/48186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=48186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}