Cyril Amarchand Mangaldas advised NSE Investments Limited on the offer for sale of equity shares of face value ₹10 each of Protean eGov Technologies Limited, through the stock exchange mechanism.

Spark Institutional Equities Private Limited (a subsidiary of Avendus Capital Private Limited) and Citigroup Global Markets India Private Limited, acted as the brokers to the Offer. NSE Investments Limited sold 82,34,605 Equity Shares representing 20.31% of the total issued and paid-up Equity Share capital of the Company.

The transaction team comprised of Aashima Johur, Krupa Brahmbhatt and Nayanika Gupta.

Source: Cyril Amarchand Mangaldas’ LinkedIn Page