Khaitan & Co advised Indraprastha Gas Limited (IGL) on all the corporate and regulatory aspects in relation to increase in the aggregate limit of investment by SEBI registered Foreign Institutional Investors and their sub-accounts/ Registered Foreign Portfolio Investors in terms of SEBI (Foreign Portfolio Investors) Regulations, 2014, in the equity share capital of Indraprastha Gas Limited under the Portfolio/Foreign Portfolio Investment Scheme to up to 30 per cent, of the total paid up equity share capital of IGL.

Atul Pandey (associate partner) and Devesh Pandey (senior associate) represented the client on the transaction.