Cyril Amarchand Mangaldas (CAM) and Khaitan & Co advised on the INR 452 crore acquisition of L&T Technology Services’ (LTTS) Smart World & Communication (SWC) business unit by AMI Paradigm Solutions (AMIPS).
AMI Paradigm Solutions Private Limited acquired the Smart World and Communication Business Unit of L&T Technology Services Limited in a slump sale for a total consideration of INR 452.5 crores.
Cyril Amarchand Mangaldas advised AMI Paradigm Solutions on the acquisition.
The transaction team included Senior Partner Santosh Janakiram; Partner Arun Prabhu (Co-Head – Digital | TMT), Partner Edward James; Principal Associate Apoorva Sundar; Senior Associate Vedantha Sai; Consultant Vasundhara Majithia; and Associates Julia Joseph and Divyashri Sivaramakrishnan. Bishen Jeswant, Partner, with support from Principal Associate Faiza Khan and Associate Nilavan Selvarajan, advised on employment aspects. Edward James, Partner, with support from Principal Associate Aashish Dafaria, Senior Associate Vedantha Sai, and Associate Mansi Sethiya, advised on general corporate and dispute resolution matters.
Khaitan & Co advised L&T Technology Services on the sale.
The deal team consisted of Niren Patel, Vidur Sinha, Akhil Kumar, Vinita Jagtiani, and Apeksha Chauhan.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.
