Khaitan & Co, TTA act on JSW Paints’ ₹3,300 Cr NCD issuance

This piece covers the advisory role of Khaitan & Co and TTA in JSW Paints’ issuance of non-convertible debentures (NCDs) worth ₹3,300 crore. The transaction signifies major debt capital raising by the company for expansion and operational strengthening. The article outlines the legal work undertaken, including due diligence, drafting of transaction documents, and regulatory compliance for debt issuance. It highlights the relevance of legal structuring in debt instruments and the role of investment banking processes in large corporate fundraising. The transaction also aligns with JSW Paints’ broader long-term financial strategy and reflects growing investor interest in the paints and coatings segment.