Firm

Deal

Value

Client

Lawyer(s) involved

AZB & Partners

Azim Premji Trust’s acquisition of 0.95 percent of the paid up equity share capital of HDFC Standard Life Insurance from the Housing Development Finance Corp

Rs. 1.9 billion

($39.3 million)

Housing Development Finance Corp Ltd

Zia Mody,

Nilanjana Singh

(Partners)

Arvind Ramesh

(Senior associate)

AZB & Partners

Global Foundries U.S.’ acquisition of certain assets and liabilities of IBM Corp’s micro-electronic business

Rs. 101 billion

($1.5 billion)

Global Foundries U.S. Inc.

Samir Gandhi

(Partner)

Rahul Rai, Hemangini Dadwal, Kadambari Chinoy

(Associates)

DSK Legal

FIL Capital Investments (Mauritius) II’s acquisition of compulsorily convertible preference shares and equity shares of Cygnus Medicare

Rs. 510 million

($8.1 million)

Cygnus Medicare Pvt Ltd

Economic Laws Practice

Somerset Indus Healthcare Fund I’s  series B investment in Cygnus Medicare

Rs. 60 million

($952,600)

Somerset Indus Healthcare Fund I

J. Sagar Associates

FIL Capital Investments (Mauritius) II’s acquisition of compulsorily convertible preference shares and equity shares of Cygnus Medicare

Rs. 510 million

($8.1 million)

FIL Capital Investments (Mauritius) II Ltd

Manvinder Singh

(Partner)

Nalin Bawa,

Zain Pandit,

Bharati Joshi

(Senior associates)

Upasana Gupta

(Associate)

J. Sagar Associates

Rico Auto Industries’ sale of 50 percent equity stake in its former joint venture, FCC RICO, to its joint venture partner, FCC Co Japan

Rs. 4.95 billion

($80 million)

Rico Auto Industries Ltd

Venkatesh Raman Prasad,

Akshay Nagpal,

Amitabh Kumar

(Partners)

Gautam Shahi

(Senior associate)

Shivani Chugh, Upasana Gupta,

Sonali Kapoor

(Associates)

Khaitan & Co

Rico Auto Industries’ sale of 50 percent equity stake in its former joint venture, FCC RICO, to its joint venture partner, FCC Co Japan

Rs. 4.95 billion

($80 million)

FCC Co Ltd Japan

Luthra & Luthra Law Offices

Apollo Health and Lifestyle’s acquisition of the Specialty Hospitals Business from Nova Medical Centers

Rs. 140 crores

($22.2 million)

Apollo Health and Lifestyle Ltd

Deepak THM

(Partner)

Ashish Prasad

(Partner designate)

Mayank Grover

(Senior associate)

Vivek Pareek, Vidushi Gupta,

Varun Natarajan

(Associates)