•  •  Dark Mode

Your Interests & Preferences

I am a...

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

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Khaitan, L&L act on IIFL Wealth $33m buy of L&T Cap Markets

IIFL Wealth, the wealth management business of IIFL group, on Wednesday said that it has entered into a definitive agreement to acquire 100% equity shares of L&T Capital Markets Ltd (LTCM), a subsidiary of L&T Finance Holdings Ltd, which provides wealth management services for individual and institutional clients.


Khaitan & Co advised IIFL Wealth Management Group led by a team of Core Transaction partner Team Surbhi Kejriwal; senior associate Varun Narayan. Due senior associate Diligence Ayush Nanda; associate Pranav Sethi; associate Priyanka Venkatasubramanian.

L&L Partners advised L&T Finance Holdings Limited led by a team including partner Apurva Jayant, associates Tanvi Varma and Samrat Basani. On due diligence, the team included associates Amritha Kumar and Vishakha Panchangam.


Deal value: INR 230 crores

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

Click to show 3 comments
at your own risk
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.