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Corporate
and M&A

The Firm is renowned for its general corporate and mergers & acquisitions practice. Our lawyers regularly advise on complex transactions, both domestic and cross border. Our M&A team consists of highly skilled lawyers who have developed significant expertise in this area of practice and also have international experience.

We offer creative and pragmatic solutions on all matters. Understanding our clients’ business coupled with a strong understanding of accounting, financial and tax matters gives us the added advantage of identifying, comprehending and mitigating risks.

Lawyers in our offices across India work closely to provide our clients with comprehensive advise on general corporate and M&A matters. Our depth of experience and skills in a broad spectrum of other practice areas such as anti-trust, disputes, finance, regulatory and indirect tax, enable us to service our clients more effectively. Our lawyers offer advice on every aspect of the transaction including structuring, documentation, comprehensive legal due diligence and post-closing advisory services amongst others.

Select Experiences

  1. Advised HDFC Limited on its merger with HDFC Bank to create India’s second-largest bank, marking India’s largest-ever public M&A transaction valued at USD 60 billion.
  2. Advised Tega Industries Limited (a company engaged in the manufacturing of mining consumables) on the formation of its joint venture with Apollo Global Management and also advised the Tega-Apollo joint venture on the acquisition of Molycop Group at an enterprise value of ~ USD 1.5 billion from American Industrial Partners.
  3. Advised the Board of Control for Cricket in India (“BCCI”) on the tendering of media rights for the Indian Premier League (“IPL”) for more than USD 6 billion, making it the second most valued sporting league in the world in terms of per-match value.
  4. Advised Tata Steel Limited on the merger involving seven of its subsidiary/associate entities (out of which four are listed entities) into Tata Steel Limited.
  5. Advised GRUH Finance (a subsidiary of HDFC Limited) on its merger with Bandhan Bank, one of the largest deals in the financial services sector, with a combined market cap of USD 12 billion.
  6. Advised HDFC Limited (now merged with HDFC Bank) on the acquisition of L&T General Insurance and merger with HDFC ERGO. This deal is the first instance of consolidation in the domestic general insurance space after it was opened up to the private sector in the year 2000.
  7. Advised a group of private sector banks on their acquisition of a stake in Yes Bank pursuant to a Scheme of Reconstruction notified by the central government under the Banking Regulation Act.
  8. Advised Tata Steel Limited on the acquisition of Usha Martin (Steel Division) in one of the largest deals in the steel sector outside the framework of the Insolvency and Bankruptcy Code, 2016.
  9. Advised Ampere Computing  (Ampere), a leading semiconductor design company specialising in high-performance, energy-efficient and sustainable AI compute built on the ARM platform, on its acquisition by Japan’s SoftBank Group Corporation (SBG) for USD 6.5 billion.
  10. Advised PeopleStrong and HDFC Bank Limited on the stake sale by Multiples P.E. to Goldman Sachs Alternatives for USD 130 million.

Key Partners

Aayush Kumar

Partner

Aayush is a Partner in the Corporate and M&A, Private Equity & Venture...

Abhinav Bhalaik

Partner

Abhinav is a key member of the Private Equity, Mergers & Acquisitions and...

Adity Chaudhury

Partner

Adity is well known for her expertise in corporate and commercial laws and has...

Anantha Krishnan Iyer

Partner

Anantha is a Partner in the Corporate and M&A and Private Equity & Venture...

Anindya Ghosh

Partner

Anindya is distinguished corporate law advisor with over 17 years of experience. He...

Ankit Guha

Partner

Ankit’s practice focuses on private equity & venture capital and corporate...

Arka Majumdar

Partner

Arka’s experience of over a decade in corporate transactions is both rich and...

Armaan Patkar

Partner

Armaan is a Partner in the Firm’s Corporate and M&A, Private Equity &...

Ashwin Krishnan

Partner

Ashwin Krishnan is a seasoned corporate and commercial lawyer with significant...

Jaidrath Zaveri

Partner

Jaidrath Zaveri comes with experience in general corporate advisory, venture capital...

Jitendra Soni

Partner

Jitendra is a technology and transactions lawyer based in New Delhi. As part of...

Krishnava Dutt

Managing Partner

Krishnava is the Founder and Managing Partner of Argus Partners and sits on the...

Neha Madan

Partner

Neha has over 14 years of experience and she advises various venture capital and...

Pallavi Kanakagiri

Partner

Pallavi has over 15 years’ experience in advising clients on private equity...

Tushar Thimmiah

Partner

Tushar is a part of the Corporate and M&A, Private Equity & Venture Capital...

Vallishree Chandra

Partner

Valli is part of the Private Equity, Mergers & Acquisitions and Venture...

Corporate and M&A

    1. Advised HDFC Limited on its merger with HDFC Bank to create India’s second-largest bank, marking India’s largest-ever public M&A transaction valued at USD 60 billion.
    2. Advised Tega Industries Limited (a company engaged in the manufacturing of mining consumables) on the formation of its joint venture with Apollo Global Management and also advised the Tega-Apollo joint venture on the acquisition of Molycop Group at an enterprise value of ~ USD 1.5 billion from American Industrial Partners.
    3. Advised the Board of Control for Cricket in India (“BCCI”) on the tendering of media rights for the Indian Premier League (“IPL”) for more than USD 6 billion, making it the second most valued sporting league in the world in terms of per-match value.
    4. Advised Tata Steel Limited on the merger involving seven of its subsidiary/associate entities (out of which four are listed entities) into Tata Steel Limited.
    5. Advised GRUH Finance (a subsidiary of HDFC Limited) on its merger with Bandhan Bank, one of the largest deals in the financial services sector, with a combined market cap of USD 12 billion.
    6. Advised HDFC Limited (now merged with HDFC Bank) on the acquisition of L&T General Insurance and merger with HDFC ERGO. This deal is the first instance of consolidation in the domestic general insurance space after it was opened up to the private sector in the year 2000.
    7. Advised a group of private sector banks on their acquisition of a stake in Yes Bank pursuant to a Scheme of Reconstruction notified by the central government under the Banking Regulation Act.
    8. Advised Tata Steel Limited on the acquisition of Usha Martin (Steel Division) in one of the largest deals in the steel sector outside the framework of the Insolvency and Bankruptcy Code, 2016.
    9. Advised Ampere Computing  (Ampere), a leading semiconductor design company specialising in high-performance, energy-efficient and sustainable AI compute built on the ARM platform, on its acquisition by Japan’s SoftBank Group Corporation (SBG) for USD 6.5 billion.
    10. Advised PeopleStrong and HDFC Bank Limited on the stake sale by Multiples P.E. to Goldman Sachs Alternatives for USD 130 million.
    11. Advised Infinx on its acquisition of Glidian, Inc., a full-service outsourcing medical billing company for hospital-based physicians, through a reverse triangular merger.
    12. Advised Syrma SGS Technology on its Rs. 1,800 Crore strategic joint venture with South Korea’s Shinhyup Electronics.
    13. Advised Ind Swift Laboratories Limited and its promoters on the sale of its API and CRAMS businesses for Rs 1,650 crore to IndiaRF.
    14. Advised Mukand Limited on its joint venture with Sumitomo Corporation, Japan, for setting up a special steel plant.
    15. Advised OAKS Asset Management, an existing shareholder of InCred Financial Services, on its merger with KKR India Financial Services to set up a major NBFC in India.
    16. Advised Revalyu Recycling (India) Limited on its acquisition by Heraeus Holding GmbH, a global Fortune 500 company.
    17. Advised Tata Steel on its proposed acquisition of BlueScope’s 50% stake in the joint venture, Tata BlueScope Steel.
    18. Advised Infinx Services Private Limited (ISPL) and its subsidiaries on the acquisition of the assets and operations of MedReceivables Advisor, LLC.​
    19. Advised BCCI on the successful auction of TV and digital media rights of the Indian cricket team’s international and home matches for the 2023-27 cycle.
    20. Advised BCCI on the Women’s Premier League (“WPL”) media rights auction for the 2023-27 cycle for a cumulative figure of Rs. 951 crore and on the WPL teams auction for a collective bid value of Rs. 4,669.99 crores.
    21. Advised HDFC Limited (now merged with HDFC Bank) on its agreement to sell 10% of the fully diluted paid-up share capital of its wholly-owned subsidiary, HDFC Capital Advisors, to an affiliate of the Abu Dhabi Investment Authority (ADIA).
    22. Advised Anadya Bon Merchari LLP on the promoter entity and a selling shareholder of Swara Baby Products Limited (Swara Baby), in connection with the company’s proposed initial public offering (“IPO”) of equity shares aggregating up to INR 1,000 crore. 
    23. Advised an institutional investor on its USD 1 billion investment in the H-DREAM Fund managed by HDFC Capital.
    24. Advised Tata Steel Limited on its investment in one of the biggest industrial RTC (round-the-clock) hybrid renewable power projects in India under the Group Captive Regime, being set up by TP Vardhaman Surya Limited (a subsidiary of Tata Power Renewable Energy Limited).
    25. Advised Spinny on its acquisition of a 100% stake in Service Easy Technology Private Limited (GoMechanic) from its founders, and the investor groups of Stride Ventures Debt Fund II, Lifelong India Private Limited, and Hero Enterprise Partner Ventures.
    26. Advised Exfinity Technology Fund Series II (a scheme of Exfinity Technology Fund) on its exit from Kinara AI Private Limited and Kinara Inc., pursuant to the merger of Kinara Inc. with NXP USA Inc.
    27. Advised Infinx on the acquisition of the Healthcare Revenue Cycle Management (RCM) business of i3 Verticals, including its proprietary technology, for a total consideration of $96 million.
    28. Advised Heritage Foods Limited on its acquisition of 51% stake in Peanutbutter and Jelly Private Limited (Get-A-Way) from Sky Gate Hospitality, a subsidiary of Devyani International Limited.
    29. Advised India Resurgence Fund (IRF) on the proposed sale of its entire stake in Setco Auto Systems Private Limited (SASPL), a subsidiary of Setco Automotive Limited to RSB Transmissions (I) Limited, a Pune-based transmission manufacturer.
    30. Advised Moving Tech Innovations Private Limited on its acquisition of Netherlands-Based Automicle Holding BV, a company incorporated and headquartered in the Netherlands.
    31. Advised Glassbox (a brand consulting company) and its founders on 100% acquisition of Glassbox by Komerz (UK), which was entirely structured as a cross-border share swap, involving concurrent FDI and ODI components.
    32. Advised Kirana Club with respect to the 100% acquisition of Kirana Club by Meesho for INR 202 crores.
    33. Advised OfBusiness (backed by SoftBank and Tiger Global), a raw material procurement and financing platform for small and medium enterprises, in relation to its acquisition of 100% stake in Koeleman India from Koeleman Foods International B.V.
    34. Advised Autorox, an auto repairs management platform, on its strategic global collaboration arrangement with Bosch Mobility Platform and Solutions. 
    35. Advised DP World on its acquisition of a 14% stake in Hyderabad-based water technology company Maithri Aquatech, developer of the MEGHDOOT atmospheric water generation technology.
    36. Advised Syrma SGS on its joint venture with Kaga Electronics,  to establish a strategic joint venture focused on manufacturing for Japanese clients.
    37. Advised Syrma SGS Technology on its strategic joint venture with Elemaster.
    38. Advised Philips India on the sale of its Emergency Care Business.
    39. Advised Fitterfly on its acquisition by PB Healthcare Services. The acquisition would enable PB Healthcare Services to expand beyond hospitals and strengthen its preventive healthcare and chronic-disease management offerings.
    40. Advised Syrma SGS Technology on its joint venture with Premier Energies to acquire KSolare Energy Private Limited, for a total consideration of INR 170 crore.
    41. Advised Vertical B of Lux Industries Limited (Lux Industries) in connection with its Brand Licensing Agreement with RILUK IPCO Limited, the licensor of the Reebok brand in India, granting Lux Industries (Vertical B) the exclusive rights to manufacture, market and sell Reebok-branded men’s and women’s innerwear and thermal wear products in India.
    42. Advised Togai Inc. along with Together Fund and Boldcap in Togai’s acquisition by Zuora.
    43. Advised Tata Steel Limited on the sale of its ferro chrome unit located at Kalinganagar, Odisha to Indian Metals & Ferro Alloys Ltd.
    44. Advised a client on its investment in the Investment Manager of NHAI’s maiden public InvIT, a major step toward widening public participation in highway financing.
    45. Advised Crompton Greaves Limited on the sale of its stake in CG Lucy Switchgear to W Lucy, UK. This deal was undertaken to permit CG Lucy to focus on developing products specifically for the Indian market.
    46. Advised Crompton Greaves Limited on the sale of its automation business to Alfanar Group. The sale was executed to align Crompton Greaves’s strategy to focus its synergies on core operations in India.
    47. Advised Tata Steel Limited on the sale of TM Harbour Services Limited (a Tata group entity) to Adani Ports and Special Economic Zone Limited.
    48. Advised Tata Steel Limited on their bid to acquire Rohit Ferro-Tech Limited, through its wholly-owned subsidiary, Tata Steel Mining Limited, under the aegis of the Insolvency and Bankruptcy Code, 2016.
    49. Advised Tata Steel Limited on its proposed acquisition of Stork Ferro and Mineral Industries’ ferro-alloy assets.
    50. Advised Tata Steel Limited in the acquisition of advanced ceramics company, Ceramat Private Limited, by Tata Steel Advanced Materials, a wholly-owned subsidiary of Tata Steel.
    51. Advised HDFC Limited (now merged with HDFC Bank) on the merger of the following five companies with itself: Windermere Properties Private Limited, Haddock Properties Private Limited, Grandeur Properties Private Limited, Winchester Properties Private Limited, and Pentagram Properties Private Limited.
    52. Advised CodeJudge and its promoters on its acquisition by Skuad Inc.
    53. Advised Qapita Fintech India Private Limited on its 100% acquisition of KP Corporate Solutions Limited (ESOP Direct).
    54. Advised Conscient Sports on their landmark collaboration with the Real Madrid Foundation to develop Real Madrid’s Educational Football Program for 4,500 students in the Indian cities of New Delhi, Mumbai, Pune, and Bengaluru.
    55. Advised Balrampur Chini Mills Limited to establish India’s first industrial bioplastics manufacturing plant.
    56. Advised Baba Fine Chemical (BFC) and its founders on the acquisition of a 55% stake in BFC by Ami Organics.
    57. Advised on the acquisition of 51% of Ravin Cables Limited by Prysmian SpA.
    58. Advised on the merger of Tata Metaliks DI Pipes Limited with Tata Metaliks Limited.
    59. Advised Future Market Network Limited’s (FMNL) joint ventures with Fung Properties Limited and IL&FS Limited.
    60. Advised Mazagon Dock on its proposed joint ventures with Pipavav Defence and L&T Limited to build warships and submarines.
    61. Advised InTech DMLS and its promoter, Mr. Sridhar Balaram, in connection with a strategic investment by DMG Mori.
    62. Advised Walchandnagar Industries Limited on the acquisition of Aicitta Intelligent Technology Private Limited.