Knowledge Center

AZB & Partners acted for Main Street Capital Corporation

AZB & Partners acted for Main Street Capital Corporation on Indian aspects of its acquisition (through its portfolio company Gulf Manufacturing LLC) of the Maass Global Group - a global leader in the manufacture and distribution of flanges and specialty forged products. Our deal team comprised of our Senior Partner Srinath Dasari, Partner...

AZB & Partners acted for Warburg Pincus and its controlled portfolio company Avanse Financial Services

AZB & Partners acted for Warburg Pincus and its controlled portfolio company Avanse Financial Services (‘Avanse’) on the recent fund raise where Abu Dhabi’s Mubadala Investment has deployed approx. INR 900 crore of primary capital into Avanse. This round also had Avendus PE subscribe to approx. Rs. 100 crores of primary capital of Avanse. Our...

AZB & Partners represented the RBI appointed Administrator of SREI Infrastructure Finance Limited & SREI Equipment Finance Limited

AZB & Partners represented the RBI appointed Administrator of SREI Infrastructure Finance Limited & SREI Equipment Finance Limited (SREI Group) in the SREI Group’s successful takeover by National Asset Reconstruction Company Limited (NARCL) under the provisions of the Insolvency and Bankruptcy Code, 2016, thereby resolving approximately INR...

AZB & Partners acted for Accenture

AZB & Partners acted for Accenture on its proposed acquisition of Mindcurv, a leading company providing end-to-end digital experience services, to help expand its composable commerce capabilities. Our deal team comprised of our Senior Partner Vaidhyanadhan Iyer and Partner Vasudha Asher, Associates Shivam Gupta, Freya Irani and Rimjhim...

AZB & Partners recently advised the President of India

AZB & Partners recently advised the President of India acting through the Ministry of Power (“Seller”), for the sale of 356,626,218 equity shares aggregating to approximately 3.55% of the total paid up equity share capital of NHPC Limited for an aggregate amount of INR 23.56 billion. The sale took place by way of the offer for sale through the...

AZB & Partners represented Lighthouse on its recent investment of INR 284 crores in silver jewellery brand Kushal’s

AZB & Partners represented Lighthouse on its recent investment of INR 284 crores in silver jewellery brand Kushal’s. The transaction was led by our Partner Ananya Sharma and the deal team comprised of Associates Saumya Srivastava, Aryan Khanna and Shubhangi Tewari. Our due diligence team comprised of our Senior Associates Sudeshna Panigrahi...

AZB & Partners acted for Bodhi Tree on the combination of Reliance-Viacom18 and Disney’s India business

AZB & Partners acted for Bodhi Tree on the combination of Reliance-Viacom18 and Disney’s India business, creating a USD 8.5 bn joint venture. Bodhi Tree (an investment platform led by Uday Shankar and James Murdoch with QIA as a key investor) is a joint venture partner in Viacom18. The AZB deal team comprised of our Senior Partners Ashwath...

AZB & Partners acted for The Walt Disney Company on the combination of Viacom18 and Disney's Indian media businesses

AZB & Partners acted for The Walt Disney Company on the combination of Viacom18 and Disney's Indian media businesses, to create a joint venture valued at approximately US$ 8.5 billion, which will be one of India's leading media companies. Our AZB deal team comprised of our Senior Partners Roxanne Anderson and Divya Mundra, Counsel Himanshoo...

AZB & Partners is acting as IIT-Delhi’s legal counsel and assisting them in setting up their Abu Dhabi campus

AZB & Partners is acting as IIT-Delhi’s legal counsel and assisting them in setting up their Abu Dhabi campus (which is the second overseas campus of IIT and first for IIT-Delhi), including its operations, negotiating of contracts/framework arrangements with Abu Dhabi Department of Education and Knowledge (ADEK), secondment and hiring of...

AZB & Partners advised a member of the promoter/promoter group of Paradeep Phosphates Ltd.

AZB & Partners advised a member of the promoter/promoter group of Paradeep Phosphates Ltd., in the merger of Mangalore Chemicals & Fertilisers Ltd. into Paradeep Phosphates Ltd., to become one of the largest integrated private sector fertiliser companies in India. Our deal team comprised our Senior Partner Vaidhyanadhan Iyer, Counsel...

AZB & Partners advised Accenture Inc.

AZB & Partners advised Accenture Inc. on the India aspects of its recent acquisition of Impendi Analytics LLC and its Indian subsidiary, Impendi Analytics Private Limited, a procurement advisory and transformation services provider. Our deal team comprised of our Senior Partner Vaidhyanadhan Iyer, Partner Vasudha Asher, Senior Associate...

AZB & Partners advised and represented eMudhra Limited

AZB & Partners advised and represented eMudhra Limited (the “Company”) and IIFL Securities Limited, the book running lead manager, on a qualified institutions placement of equity shares by the Company, which aggregated to INR 2,000 million. Our team comprised our senior partners, Varoon Chandra and Agnik Bhattacharyya; our senior associates,...

AZB & Partners represented Bluestone Equity Partners

AZB & Partners represented Bluestone Equity Partners on its growth investment in VideoVerse, the company behind Magnifi (an internationally acclaimed AI powered video editing solution), for an aggregate investment amount of USD 45 million. The deal team comprised of Senior Partner Darshika Kothari, Partner Vasudha Asher, Associates Deepti...

AZB & Partners acted for FabIndia and Organic India

AZB & Partners acted for FabIndia and Organic India on Tata Consumer Products’ proposed acquisition of up to 100 per cent stake in Organic India, a FabIndia-owned business that sells tea, infusions, herbal supplements and packaged foods, for INR 1,900 crore. Our transaction team comprised of our Senior Partner Anil Kasturi, Partner Anisha...

AZB & Partners advised Wipro

AZB & Partners advised Wipro on the successful execution of their recent Power Purchase Agreement and Equity Investment Contracts with Fourth Partner Energy Private Limited in relation to setting up solar captive power project and purchase of power from it for meeting its renewable energy demands in Maharashtra. The transaction team comprised...

AZB & Partners represented Oyster Renewable Energy Private Limited

AZB & Partners represented Oyster Renewable Energy Private Limited (‘Oyster Renewables’) in the executions of the contracts for the development of a 99 MW wind power project in Gujarat with Inox Wind Limited and its group companies. This is Oyster Renewable’s first wind power project in India. Our transaction team comprised our Senior...

AZB & Partners advised Accenture Inc. on the India aspects of its recent acquisition of Navisite

AZB & Partners advised Accenture Inc. on the India aspects of its recent acquisition of Navisite, a digital transformation and managed services provider. Our deal team comprised our Senior Partner Vaidhyanadhan Iyer, Partner Malaveeka Chakravarthy, Senior Associate Farah Titina, Associates Ashish Narang and Pavit Kaur. They were supported on...

AZB & Partners advised FS India Solar Ventures Private Limited

AZB & Partners advised FS India Solar Ventures Private Limited in executing Power Purchase Agreements and Equity Investment Contracts with Cleantech Solar India OA 2 Pte Ltd for setting up two solar captive power projects and one wind captive power project and purchase of power from them for meeting its renewable energy demand for its 3.3GW...

AZB & Partners is advising BlackRock

AZB & Partners is advising BlackRock on the Indian aspects of their proposed acquisition of private equity firm, General Infrastructure Partners (GIP), for USD 12.5 billion. Our M&A team comprised our Senior Partners Ashwath Rau, Atreya Bhattacharya, Senior Associates Vyjayanthi Raghu, Raina Upadhyay, and Associates Shubhalakshmi...

AZB & Partners advised NTT Ltd. on the sale of its majority stake in Nihilent Limited

AZB & Partners advised NTT Ltd. on the sale of its majority stake in Nihilent Limited (Nihilent) in a leveraged buyout to Arcalis Technologies Private Limited, a management-controlled entity. Nihilent offers consulting services and IT solutions to customers in the banking, media, retail, health-care and manufacturing industries and has presence...

AZB & Partners acted for Siemens Energy

AZB & Partners acted for Siemens Energy in relation to the sale of its 18 per cent stake in Siemens Limited to Siemens Aktiengesellshcaft, Germany, for an aggregate consideration of INR 18,700 crores. Our M&A deal team comprised our Senior Partner Darshika Kothari, Partner Sneha Nagvekar, Counsel Himanshoo Tembe and Associate Rithvik DGV. They...

AZB & Partners is acting for First Solar India

AZB & Partners is acting for First Solar India on the upcoming inauguration of its 3.3 GW fully vertically integrated photovoltaic (PV) thin film module manufacturing facility. This will be India’s first fully vertically integrated Photo Voltaic (PV) thin film module manufacturing facility to go live and among the world's largest solar...

AZB & Partners has been representing Vivo Mobile India Private Limited (Vivo) and its employees in an investigation initiated by the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act, 2002 (PMLA)

AZB & Partners has been representing Vivo Mobile India Private Limited (Vivo) and its employees in an investigation initiated by the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act, 2002 (PMLA). The Firm has been successful in securing the release of two senior employees of Vivo arrested by the ED after the court...