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Jurisdiction – India

Firm

Deal

Value

Client

Lawyer(s) involved

Amarchand & Mangaldas & Suresh A. Shroff and Co

Elara Technologies Pte Limited’s

Acquisition of Makaan.com

 

N/A

Elara Technologies Pte Limited

Saurav Kumar

(Partner)

 

Janani Sekhar,

Ananda Malhotra, Harman Walia

(Associates)

Amarchand & Mangaldas & Suresh A. Shroff and Co

Demerger of Lighting Business of Philips India Limited into Philips Lighting India Limited

 

 

Akila Agrawal, Anirudh Das

(Partners)

 

Sourav Kanti De Biswas,

Mukul Sharma,

Megha Bhargava,

Ishita Khandelwal,

Rachita Bhat,

Rishab Basu,

Kamaljeet Singh,

Utsav Mukherjee

(Associates)

AZB & Partners

KKR; Indium V and LeapFrog Investments’

acquisition of stake in Magma

$80 million

Zend Mauritius VC Investments, Limited (KKR)

Ashwin Ramanathan,

Vaidhyanadhan Iyer

(Partners)

 

Pallavi Satpute

(Associates)

AZB & Partners

Infosys Limited’s acquisition of 100% of shares of Kallidus Inc and Skava Systems Private Limited

$120 million

Kallidus Inc, Skava Systems Private Limited

Srinath Dasari (Partner)

AZB & Partners

JSS Medical Research Inc’s 100% share capital acquisition of Max Neeman Medical International Limited from Max India Limited

 

N/A

Max India Limited

Anil Kasturi, Niladri Maulik

(Partners)

 

Siddharth Khanna

(Associate)

AZB & Partners

Havells India Limited’s 51% of stake in Promptec Renewable Energy

$10 million

Havells India Limited

Hardeep Sachdeva (Partner)

Priyamvada Shenoy (Associate)

AZB & Partners

IPO of Syngene International Limited through sale of equity shares by Biocon Limited

$94 million

Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Jefferies India Private Limited

(book running lead managers)

Srinath Dasari (Partner)

AZB & Partners

Nuziveedu Seeds Limited’s IPO of equity shares

$110 million

Nuziveedu Seeds Limited

Varoon Chandra (Partner)

Lionel D ‘Almeida (Associate)

J. Sagar Associates

Reliance Communications Limited  and Reliance Telecom Limited’s secured Rupee term loans from a syndicate of banks & financial institutions

 

$1 billion

Consortium of banks and financial institutions led by State Bank of India

Dina Wadia, Divyanshu Pandey

(Partners)

 

Arpita Garg, Soumitra Majumdar,

Shaswata Dutta, Vardaan Ahluwalia,  Harshad Vaswani

(Associates)

J. Sagar Associates

Torrent Pharmaceuticals Limited

acquisition of 100% stake in Zyg Pharma Private Limited

N/A

Torrent Pharmaceuticals Limited

Akshay Chudasama, Jamshed Bhumgara

(Partners)

 

Anuj Bhasme,

Ankit Guha, Delna Aga, Shimoni Sheth

(Associates)

Luthra & Luthra

Vehicle Access Systems Technology’s

acquisition of 50% stake in Minda VAST Access Systems Private Limited

from Minda Capital Limited

N/A

Minda Capital Limited

Bobby Chandhok

(Partner)

Majmudar & Partners

Vehicle Access Systems Technology’s

acquisition of 50% stake in Minda VAST Access Systems Private Limited

from Minda Capital Limited

N/A

Vehicle Access Systems Technology

Rukshad Davar

(Partner)

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Jurisdiction – Indonesia

Firm

Deal

Value

Client

Lawyer(s) involved

Norton Rose Fulbright

Korea Eximbank’s

equity investment in a 54MW hydroelectric power plant in South Sumatra, Indonesia

 

$132.9 million 

Korea Eximbank

Charles Whitney,

Andrew Hart

(Partners)

 

Claire Kim, Alexandra,

Christina Jeong

(Associates)

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Jurisdiction – Singapore

Firm

Deal

Value

Client

Lawyer(s) involved

Clifford Chance

High yield, Regulation S only bond offering  from Reliance Communications

$300 million

DBS, Standard Chartered Bank

(joint global coordinators, book runners and managers)

Rahul Guptan

(Partner)

 

Andrew Kelly

(Consusltant)

 

Mabel Tay

(Counsel)

 

Shashwat Tewary

(Associate)

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