Hogan Lovells advises on US$120 million Asahi India Glass QIP

Hogan Lovells advises on US$120 million Asahi India Glass QIP

Press releases | 07 October 2025

Dubai, Singapore, 7 October 2025 – Global law firm Hogan Lovells acted as US counsel to the book running lead managers on the issuance of equity share capital aggregating US$120 million by way of a qualified institutions placement (QIP) by Asahi India Glass Limited, an integrated glass solutions provider.

The Hogan Lovells Capital Markets team was led by Biswajit Chatterjee, Head of the India Practice and Dubai Office Managing Partner, with support from Kaustubh George (counsel), Suchisubhra Sarkar (senior associate), and Purva Mishra (associate).

The issue was managed by Motilal Oswal Investment Advisors Limited and Axis Capital Limited.

About Hogan Lovells India practice 

Hogan Lovells has built a market-leading India practice, drawing on the team’s extensive experience, deep local relationships and in-depth market knowledge. Our dedicated team, spanning our global network, supports Indian and foreign clients in exploring investment opportunities, raising capital, international trade, restructuring business, developing infrastructure projects, investigations and compliance, and resolving disputes in and outside of India. As trusted legal advisors, we are recognized for an innovative approach to thought leadership, delivering timely and comprehensive insights on legal developments that shape our clients’ strategies and long-term business goals.