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JSA, AZB act on PVR’s buyback of L Capital equity

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JSA advised multiplex giant PVR in buying back private equity firm L Capital’s stake held in PVR Leisure which was advised by AZB & Partners.

JSA Delhi partner Sidharrth Shankar and associates Shantanu Jindel and Priyam Singh acted for PVR.

AZB Delhi partner Vinati Kastia and senior associate Shiladitya Banerjee acted for L Capital.

AZB and JSA had also advised on L Capital Eco’s Rs 108 crore investment in PVR in 2012.

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