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AZB acts on $24m investment by Oman India Joint Investment Fund into Stanley Lifestyles leather maker

“Stanley Lifestyles, a Bengaluru-based leather manufacturer, closed its first round of private equity funding with $24 million (Rs 1.7 billion) for a 26 per cent stake sale to Oman India Joint Investment Fund (OIJIF),” reported Business Standard.

AZB & Partners advised Oman India Joint Investment Fund led by a team of partners Sai Krishna Bharathan, Vivek Bajaj, Nandan Pendsey, Samir R Gandhi and lawyers Malaveeka Chakravarthy, Aditi Gopalakrishnan, Aparajita Lath, Sonakshi Sharma, Arunima Chatterjee.

Update 29 May 2019: J Sagar Associates advised Stanley Lifestyles Limited led by a team including partners Vivek K Chandy and Archana Tewary and associate Medha Shah.


Deal value: Not disclosed

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.

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