AZB & Partners Advises Hamied Family on Sale of Cipla Limited Stake

AZB & Partners advised Samina, Shirin and Rumana Hamied (all part of the promoter group) on the sale of their shareholding in Cipla Limited in two tranches through block trades, for an aggregate consideration of ~INR 4,900 crores. Our AZB deal team comprised our Senior Partners Ashwath Rau, Kashish Bhatia and Atreya Bhattacharya, Senior Associates A. Robin Singh and Vyjayanthi Raghu, and Associates Tansa Shah, Aditya Bamb, Shubhalakshmi Bhattacharya and Mayur Kulkarni. Special thanks to our Co-Founder & Managing Partner Zia Mody for her guidance.