AZB & Partners Advised Novartis AG On Sale Of 70.68% Stake In Novartis India Limited To ChrysCapital Consortium

AZB & Partners advised Novartis AG on Sale of 70.68% Stake in Novartis India Limited to ChrysCapital Consortium

The leading law firm in India, AZB & Partners advised Novartis AG on the sale of its entire shareholding in Novartis India Limited (NIL), representing 70.68% of the equity share capital of NIL, to WaveRise Investments Limited, ChrysCapital Fund X and Two Infinity Partners (forming part of the ChrysCapital group).

The deal team comprised Darshika Kothari (Senior Partner), Kritika Agarwal (Partner), Arnav Shah (Counsel), Ashwin Vardarajan (Associate) and Siddharth Tandon (Associate).

They were supported on SEBI regulatory aspects by Harini Balaji (Senior Consultant), Abhilash Chandran (Partner), Prerak Ved (Partner), Akash Kumar Prasad (Associate) and Hardik Batra (Associate).

They were supported on litigation aspects by Rajendra Barot (Senior Partner), Prabhav Shroff (Partner) and Ayush Chaddha (Senior Associate).

They were supported on tax aspects by Aditya Singh Chandel (Partner), Suhail Bansal (Senior Associate) and Sarvagya Bilgaiyan (Senior Associate).

They were supported on due diligence and other aspects by Nishanth Ravindran (Partner), Nandan Pendsey (Partner) and Avinash Subramanian (Partner), with Shailesh Singh (Senior Associate), Rhea Ghanshani (Senior Associate), Riddhi Tulshian (Senior Associate), Aditya Mukherjee (Senior Associate), Harshit Jaiswal (Senior Associate), Jay Shah (Senior Associate), Apurva Vats (Associate), Deepti Prabhu (Associate), Parvathy Suresh (Associate), Vivek Ilawat (Associate) and Pratyush Chaturvedi (Associate).

They were supported on antitrust aspects by Bharat Budholia (Senior Partner), Kirthi Srinivas (Partner), Varun Thakur (Senior Associate) and Shivangi Pradhan (Associate).

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