HSA Advocates Advised VISL On Concession Agreement Between Govt Of Kerala & Adani Ports
HSA Advocates advised Vizhinjam International Seaport Limited (VISL) on the supplementary concession agreement executed by and between the Government of Kerala (GoK) and Adani Vizhinjam Port Private Limited (AVPPL), a subsidiary of Adani Ports and SEZ Limited, for the development of Vizhinjam International Deepwater Multipurpose Seaport (Port), amending the concession agreement dated August 17, 2015.
VISL is the GoK agency authorised and entrusted to act as the implementing agency for the project and to exercise the rights granted to the GoK under the concession agreement.
HSA Advocates advised and assisted VISL in drafting, structuring, negotiating and finalizing the supplementary concession agreement, including provisions and understanding thereunder in relation to the revenue sharing model, further financing, railway connectivity and capacity augmentation.
The HSA team was led by Founding Partner Hemant Sahai, Partner Soumya De Mallik, with assistance from Principal Associate Prithviraj Chauhan and Associate Meghana R.
Source: HSA Advocates’ LinkedIn Page
Luthra & Luthra Advised The US Govt On Transfer Of ‘The American Center’ To House Of Abhinandan Lodha
Luthra & Luthra Advised The U.S. Government On Transfer Of ‘The American Center’ To House Of Abhinandan Lodha
Luthra and Luthra Law Offices India advised the Government of the United States of America on the transfer of its property- the ‘American Center’, to the House of Abhinandan Lodha group; one of the premier real estate developers in India.
The Luthra team advised the US Government (represented by the US Consulate in Mumbai), on all aspects entailing the vendor’s due diligence, tax advisory, bidding process for the sale and drafting-cum-negotiations on the bidding memorandum, sale documents and registration process in Mumbai.
This transaction was led by Partner, Vaibhav Suri and Managing Associate, Manjul Mantri.
Counsel who advised on other aspects of the transaction included Partner Sanjeev Sachdeva and Senior Associate Nikhil Kapoor on the applicability of GST on the transfer and exemption available to the U. S. Government. Partner Rubal Bansal Maini on the income tax aspects. Partner Harish Kumar along with Partner Itee Singhal and Managing Associate Aman Nijhawan on the Ministry of External Affairs’ approval.
Source: Luthra & Luthra Law Office’s LinkedIn Page
JSA Advised TPG In Proposed Merger Of QCIL With Aster DM Healthcare
JSA advised TPG, in relation to the proposed merger of its investee company, Quality Care India Limited (“QCIL”), with Aster DM Healthcare Limited (“Aster”), at a combined valuation of over USD 5 billion.
The transaction also contemplates a preferential issuance by Aster, prior to the merger, for an acquisition of 5% shareholding in QCIL. The transactions are subject to applicable regulatory and corporate approvals.
The combined entity will have a network of 38 hospitals and 10,150+ beds spread across 27 cities making it one of the top 3 hospital chains in India. Deal value: USD 5 billion (approx.)
Our transaction team comprises Lead Partners – Iqbal Khan and Ambarish ., Partner – Ashid Basheer, and Senior Associate – Varun Natarajan.
Trilegal Advised Blackstone & Quality Care India On Merger With Aster DM Healthcare
Trilegal advised Blackstone and Quality Care India on the merger of Quality Care India with Aster DM Healthcare, and related share acquisitions.
This landmark transaction values the combined entity at US$ 5.08 billion, making it the largest deal in the Indian hospital sector. The merged entity will rank among India’s top three hospital chains, enhancing healthcare delivery and patient outcomes nationwide.
Trilegal’s transaction team was led by Partners Nishant Parikh, Arjun Ghose, and Ankit Kejriwal. They were supported by Counsels Rahil Pereira, Ishika Goon, Senior Associates Akshra Pandey, Swarnima Mukherjee, and Associates Radhika Bihani, Mohammed Khalfan and Anushree Garg.
Source: Trilegal’s LinkedIn Page
Khaitan & Co. Advised Vedanta Resources Finance On Issuing Bonds Worth US$ 800 Million To Be Listed On The Singapore Stock Exchange
Khaitan & Co advised Vedanta Resources Finance II on issuing USD 800 million senior guaranteed bonds through a dual-tranche structure. Guaranteed by Vedanta Resources, Twin Star Holdings, and Welter Trading, the bonds will be listed on the Singapore Stock Exchange.
The deal team included Manisha Shroff, Rajshekhar Upadhyaya, Chirag Gohil, Siddhant Shetty, and Nikunj Mehta.
Source: Khaitan & Co.’s LinkedIn Page
DSK Legal Advises HealthQuad Fund II In Its Investment In Beta Drugs Limited
DSK Legal represented and advised HealthQuad Fund II in its investment in Beta Drugs Limited, a listed entity, through the subscription of equity shares and compulsory convertible debentures. Other investors participating in this funding round included Inti Capital VCC – Inti Capital I and Generational Capital Breakout Fund 1.
Beta Drugs is engaged in the manufacturing, distribution, and sale of pharmaceutical products across domestic and international markets, specialising in oncology-focused formulations.
DSK Legal’s Team comprised Partner Nakul Batra, Principal Associate Palak Sehgal, Senior Associate Singh, Associates Aankhi Anwesha and Daksh Krishnan.
Source: DSK Legal’s LinkedIn Page
JSA Advised SBI In Issuance & Listing Of Bonds Worth US$ 500 Million At IFSC GIFT City
JSA advised State Bank of India (SBI) in the issue of US$ 500 Million Bonds under its US$ 10 Billion Medium Term Note Programme. JSA also advised and facilitated the listing of the US$ Bonds on the Global Securities Market (GSM) of India International Exchange Limited (India INX), India’s international stock exchange at International Financial […]
Cyril Amarchand Acts As Indian Legal Counsel For Blackbuck In IPO Worth 1100 Cr
Cyril Amarchand Mangaldas acted as the Indian legal counsel to BlackBuck (Zinka Logistics Solutions Ltd) on its initial public offering of 40,834,701 equity shares aggregating to Rs. 11,147.22 million comprising fresh issue of 20,148,901 equity shares aggregating to Rs. 5,500.00 million and offer for sale by certain selling shareholders of 20,685,800 equity shares aggregating to Rs. 5,647.22 million.
Cyril Amarchand Managaldas also acted as the Indian legal counsel to IFC – International Finance Corporation in its offer for sale of 2,340,277 Equity Shares.
The transaction team advising the Company included Yash J. Ashar, Reuben Chacko, Tanvi Kini, Surya Rajkumar and Dhruv Sharma.
The team advising International Finance Corporation in relation to the IPO comprised of Vishwanath Pratap Singh, Aashima Johur, Chinar Gupta, Radhika Shukla and Rishi Nandkeolyar.
Source: Cyril Amarchand’s LinkedIn Page
ELP Advises Datar Cancer Genetics Pvt Ltd In Raising Funds From Alkemi Capital
Economic Law Practices (ELP) advised Datar Cancer Genetics Private Limited in raising an undisclosed amount from Alkemi Growth Capital LLP through subscription to compulsorily convertible preference shares and nominal equity shares in the company.
ELP provided end-to-end advisory on the transaction including advisory, negotiations, markup of transaction documents.
The transaction team consisted of Yashojit Mitra (Partner), Manendra Singh (Partner) and Aditi Ladha (Senior Associate).
Source: ELP’s LinkedIn Page
Economic Law Practices (ELP) advised Datar Cancer Genetics Private Limited in raising an undisclosed amount from Alkemi Growth Capital LLP through subscription to compulsorily convertible preference shares and nominal equity shares in the company.
ELP provided end-to-end advisory on the transaction including advisory, negotiations, markup of transaction documents.
The transaction team consisted of Yashojit Mitra (Partner), Manendra Singh (Partner) and Aditi Ladha (Senior Associate).
Source: ELP’s LinkedIn Page
Bharucha & Partners Advises Federal Bank In Partial Exit From Equirus Cap
Bharucha & Partners advised Federal Bank Limited on its partial exit from Equirus Capital Private Limited through the sale of shares to Amicus Capital and HNIs. Federal Bank is a public listed company and a pioneer in India’s banking sector, recognised for being the first bank to digitalise all its branches across India.
The deal team was led by Parag Bhide, Partner, and Vishnu Dutt, Partner, and comprised Vanshika Deora, Associate, and Shaam Thelapilly, Associate.
Source: Bharucha & Partners’ LinkedIn Page
