AZB & Partners Advised Citigroup Global Markets India On Sale OIf Tobacco Manufacturers’ Equity Shares

AZB & Partners advised Citigroup Global Markets India on the sale of tobacco manufacturers’ equity shares worth INR 38.56B.

Update: 2025-12-17 08:15 GMT

AZB & Partners advised Citigroup Global Markets India on Sale of Tobacco Manufacturers’ Equity Shares

The top-tier, full-service Indian corporate law firm AZB & Partners advised Citigroup Global Markets India Private Limited (the “Broker”) in connection with the sale of equity shares by Tobacco Manufacturers (India) Limited, Rothmans International Enterprises Limited, and Myddleton Investment Company Limited, aggregating approximately INR 38.56 billion. The sale was executed on the floor of the stock exchanges via the screen-based trading platform.

The AZB & Partners team advising the Broker comprised Varoon Chandra (Senior Partner), Lionel D’Almeida (Senior Partner), Rahul Aggarwal (Partner), and Tanaiy Tewari (Associate).

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