L&L Partners recently advised Bank of Baroda in connection with the funding of working capital requirements of Ola Electric Technologies Private Limited aggregating up to INR 616.00 Crore for its green field project for manufacturing two-wheeler vehicles at Krishnagiri District, Tamil Nadu with an initial capacity of 0.50 million vehicles per annum.
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The Firm assisted in the structuring of the transaction, negotiating, finalization, and execution of the financing documents.
The transaction team consisted of Girish Rawat (Partner), Varun Chauhan (Senior Associate), and Himanshi Bhadoria (Associate).
