Shardul Amarchand Mangaldas (SAM) is set to bulk up its Mumbai corporate strength with J Sagar Associates (JSA) partner Jamshed Bhumgara.
He is understood to be joining the firm in January.
Bhumgara is part of JSA’s corporate and commercial practice, handling work in M&A, joint ventures, cross border investments, private equity, hospitality, retail, franchising and real estate.
In late 2018 he had led for Temasek’s Claymore Investments on Visa’s $280m minority stake buy in Billdesk.
He had joined the firm in 2008 after joining from Mulla & Mulla, where he had been an articled clerk since 2003.
He became retained partner at JSA in 2013.
We have reached out to Shardul Amarchand, JSA and Bhumgara for comment.
Update 20:00: We now have comments from both firms confirming his move:
SAM managing partner Akshay Chudasama said: “I am delighted to have Jamshed join the firm and continue our working relationship from the JSA days.”
JSA joint managing partners Amit Kapur and Vivek Chandy said: “Jamshed having spent over 11 years has chosen to move out of his comfort zone and explore new possibilities. We will miss him and wish him all the success in his next role.”
Yesterday we had reported that SAM Delhi corporate equity partner Anuj Prasad would leave in the coming months.
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