Jurisdiction – India

Firm

Deal

Value

Client

Lawyer(s) involved

Amarchand & Mangaldas & Suresh A. Shroff & Co

GIC’s acquisition of 39 percent stake in Nirlon

Rs. 660 to Rs. 784 crores ($105 to $125 million)

GIC

Cyril Shroff,

Nivedita Rao

(Partners)

 

Ravi Kumar

(Senior consultant)

Amarchand & Mangaldas & Suresh A. Shroff & Co

UltraTech Cement Group’s proposed acquisition of Jaiprakash Associates’ Bela and Sidhi cement plants

Rs. 5,400 crores

($853.9 million)

UltraTech Cement Group

Cyril Shroff,

Tushar Mavani,

Nisha Kaur Uberoi

(Partners)

AZB & Partners

Allotment of 15,700,000 underlying equity shares represented by Videocon Industries of 15,700,000 Global Depository Receipts

Rs. 2.8 billion ($45.2 million)

Videocon Industries Ltd

Kalpana Merchant, Varoon Chandra

(Partners)

 

Richa Choudhary

(Senior associate)

AZB & Partners

Aasan Realty’s acquisition Sahara City Homes township from Sahara Prime City, Sahara India Commercial Corp, Anjanaa Reality & Development and Ankita Reality and Development

Rs. 1.4 billion

($22.3 million)

Aasan Realty Pvt Ltd

Zia Mody

(Partner)

 

Anand Shah

(Senior associate)

AZB & Partners

Bharti Airtel and its affiliates’ sale of its passive infrastructure business (comprising of approximately 1,100 telecom towers) to IHS Holding’s affiliates/ subsidiaries

Confidential

Bharti Airtel Ltd

Gautam Saha

(Partner)

 

Dushyant Bagga

(Senior associate)

AZB & Partners

Sumitomo Mitsui Trust Bank’s acquisition of a 2.77 percent stake in Reliance Capital

Rs. 3.7 billion
($58.4 million)

Sumitomo Mitsui Trust Bank Ltd

Shameek Chaudhari

(Partner)

 

Rinki Ganguli

(Senior associate)

AZB & Partners

Telstra Health’s purchase of IdeaObject Software’s identified assets through Telstra India and Telstra Australia

Confidential

Telstra Health

Srinath Dasari

(Partner)

 

Veena Ganesh

(Associate)

J. Sagar Associates

GIC’s acquisition of 39 percent stake in Nirlon

Rs. 660 to Rs. 784 crores ($105 to $125 million)

Nirlon Ltd

Somasekhar Sundaresan,

Vikram Raghani,

Gautam Gondotra

(Partners)

 

Suren Sundaram

(Associate)

Khaitan & Co

CESC’s Qualified Institutional Placement of shares

$82 million

CESC Ltd

Sudhir Bassi

(Executive director)

 

Nikhilesh Panchal

(Partner)

Khaitan & Co

Jagran Prakashan’s acquisition of Music Broadcast’s parent company, IVF Holdings, from Growth Capital Trustee Company

Undisclosed

Jagran Prakashan Ltd

Rajat Mukherjee,

Manas Kumar Chaudhuri (Partners)

 

Harsh Kumar (Associate partner)

Khaitan & Co

SIS Prosegur Holdings /Prosegur Compañia De Seguridad S.A.’s transfer of its cash management services business from ISS SDB Security Services, India to SIS Prosegur Holdings

Undisclosed

SIS Prosegur Holdings Pvt Ltd/ Prosegur Compañia De Seguridad S.A.

Joyjyoti Misra

(Associate partner)

Vaish Associates

UltraTech Cement Group’s proposed acquisition of Jaiprakash Associates’ Bela and Sidhi cement plants

Rs. 5,400 crores

($853.9 million)

Jaiprakash Associates

Bomi Daruwala

(Partner)

Wadia Ghandy & Co

GIC’s acquisition of 39 percent stake in Nirlon

Rs. 660 to Rs. 784 crores ($105 to $125 million)

GIC

Dhawal Mehta,

Denzil Arambhan,

Gaurav Gopal

(Partners)

 

Divyanka Kapoor,

Aarushi Mishra

(Associates)