Dec 30, 2025

book running lead managerm in relation to the qualified institutions placement of equity shares by HFCL Limited.

AZB & Partners recently advised and represented the book running lead manager, being Monarch Networth Capital Limited, in relation to the qualified institutions placement of equity shares by HFCL Limited for an amount aggregating to ₹ 5,500 million.

The deal team comprised our Senior Partners Varoon Chandra and Agnik Bhattacharyya; our Senior Associate Bharat Mordani; and our Associates Tanaiy Tewari, Damini Mathur, Shivani Singh, Asit Singh Baghel, and Udit Prajapat.

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