Khaitan & Co has advised IFMR Capital Finance Private Ltd and Aptus Value Housing Finance India Ltd in relation to securitisation of portfolio of priority sector loans (loans qualifying as loan against propert)y of an aggregate amount of INR 23.57 crores.
They were approximately originated by Aptus Value Housing Finance India Ltd and investment by Mahindra & Mahindra Financial Services Ltd and IFMR Capital Finance Private Ltd in the pass through certificates issued by the securitisation trust. Manisha Shroff, associate partner and Nikita Nehriya, associate, represented the client on the transaction.