Trilegal advised Premji Invest and Motilal Oswal on the sale of their respective shares in Shubham Housing Development Finance (Shubham Housing) to Multiples Alternate Asset Management. The acquisition resulted in Multiples acquiring a significant minority stake in Shubham Housing through a combination of the secondary share purchases and a primary infusion, alongside existing investors Asian Development Bank and British International Investment, for over INR 1,000 crore.

The Corporate Mergers & Acquisitions team advising on the matter was led by Partner Ankit Kejriwal, who was supported by Counsel Khushboo Sukhwani and Senior Associate Rutvij H. R. Naik.

Source: Trilegal’s LinkedIn Page