{"id":57850,"date":"2026-07-16T13:38:09","date_gmt":"2026-07-16T13:38:09","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=57850"},"modified":"2026-07-16T13:42:58","modified_gmt":"2026-07-16T13:42:58","slug":"sng-partners-advises-investors-and-debenture-trustee-on-non-convertible-debenture-issuance-by-lodha-developers-limited","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/sng-partners-advises-investors-and-debenture-trustee-on-non-convertible-debenture-issuance-by-lodha-developers-limited\/","title":{"rendered":"SNG &amp; PARTNERS ADVISES INVESTORS AND DEBENTURE TRUSTEE ON NON-CONVERTIBLE DEBENTURE ISSUANCE BY LODHA DEVELOPERS LIMITED"},"content":{"rendered":"<p><strong>SNG &amp; Partners has successfully advised the investor and the debenture trustee on the issuance of 30,000 senior, secured, redeemable, listed, rated, non-convertible debentures (NCDs), each having a face value of INR 1,00,000, aggregating to INR 300 crores.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>The NCDs were issued and allotted by Lodha Developers Limited (\u201c<strong>LDL<\/strong>\u201d), one of India\u2019s leading real estate developers with a diversified portfolio across residential, commercial, and mixed-use projects. LDL has built a strong presence in key urban centers such as Mumbai, Pune, and Bangalore, offering a wide spectrum of developments \u2013 from luxury residences to affordable housing and large-scale townships. Its marquee brands including <strong>\u201cLodha\u201d, \u201cCASA by Lodha\u201d<\/strong> and <strong>\u201cCrown \u2013 Lodha Quality Homes\u201d<\/strong> exemplify LDL\u2019s focus on quality, design, and customer-centricity.<\/p>\n<p>The financing, structured through the issuance of NCDs, is strategically designed to support LDL\u2019s capital expenditures, long-term working capital needs, debt refinancing, and routine business operations, thereby reinforcing its growth and expansion plans.<\/p>\n<p>SNG &amp; Partners acted as the legal counsel to the investor and the debenture trustee, and has engaged in the drafting, reviewing, and negotiation of transaction documents, and ensuring the subsequent listing of the debentures on the stock exchange.<\/p>\n<p><em>The transaction was led by <strong>Aditya Vikram Dua<\/strong> (Partner), with <strong>Aniket Sawant<\/strong> (Associate Partner), <strong>Parvathi Menon<\/strong> (Senior Associate), <strong>Kartikeya Rao<\/strong> (Associate) and <strong>Yukta Bhawalkar <\/strong>(Associate) forming the core transaction team.<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-57852\" src=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/SNG_Logo-300x88.jpg\" alt=\"\" width=\"300\" height=\"88\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/SNG_Logo-300x88.jpg 300w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/SNG_Logo-1024x302.jpg 1024w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/SNG_Logo-768x226.jpg 768w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/SNG_Logo.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-57854\" src=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aniket-Sawant-225x300.jpg\" alt=\"\" width=\"225\" height=\"300\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aniket-Sawant-225x300.jpg 225w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aniket-Sawant-767x1024.jpg 767w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aniket-Sawant-768x1025.jpg 768w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aniket-Sawant-1151x1536.jpg 1151w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aniket-Sawant-1534x2048.jpg 1534w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aniket-Sawant.jpg 1736w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-57856\" src=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aditya-Dua-300x300.jpeg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aditya-Dua-300x300.jpeg 300w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aditya-Dua-150x150.jpeg 150w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aditya-Dua-100x100.jpeg 100w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/07\/Aditya-Dua.jpeg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-57850","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/57850","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=57850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}