•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Amarchand Mumbai, PH Bathiya on Rs 1,800 cr Suzlon investment by Sun Pharma tycoon Dilip Shanghvi

Amarchand Mangaldas advised Suzlon Energy on the Rs 1,800 crore acquisition of 23 per cent stake in it by Sun Pharmaceuticals promoter Dilip Shanghvi and family who were advised by PH Bathiya & Associates.

Amarchand Mumbai managing partner Cyril Shroff and partner Yash Asher acted for Suzlon.

Suzlon will allot 10 million shares on preferential basis to Shanghvi family members and companies owned by him and the stake of Tanti and other promoter entities will decline to 24 per cent from 30.94 per cent after the acquisition, reported Business Standard.

Click to show 10 comments
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.

Latest comments