AZB & Partners Advised Indriya Limited On Proposed INR 2,750 Crore Investment In Aditya Birla Housing Finance

AZB & Partners advised Indriya Limited on proposed INR 2,750 crore investment in Aditya Birla Housing Finance

The leading law firm in India, AZB & Partners is representing Indriya Limited, an entity of Advent International, in connection with its proposed investment of approximately INR 2,750 crores in Aditya Birla Housing Finance Limited, a subsidiary of Aditya Birla Capital Limited.

The proposed investment marks a significant strategic transaction in India’s financial services sector and is aimed at strengthening the capital base and growth trajectory of Aditya Birla Housing Finance.

AZB & Partners is providing comprehensive legal advisory services in relation to the transaction, including structuring, documentation, regulatory advice, due diligence, and competition law support.

The AZB & Partners transaction team comprised Vaidhyanadhan Iyer (Senior Partner), Devika Nayak (Partner), Sana Nagar (Senior Associate), Janhavi Rajkumar (Associate) and Tamanna (Associate), with additional support from Gaurav Jayakumar (Associate) and Shivangi Bhardwaj (Associate).

The legal due diligence was led by Shivanand Nayak (Partner), Nishanth Ravindran (Partner), and Mrinal Shankar (Partner), with assistance from Riddhi Tulshian (Senior Associate), Dharma Tej Koneru (Senior Associate), and Prapti Parwani (Associate), Avani Laad (Associate), Shefali Deshmukh (Associate), Devavrat Nimbalkar (Associate), Shloka Jain (Associate), Khushi Jain (Associate), Kinjal Parikh (Associate), and Palomi Visaria (Articled Clerk).

The competition law aspects of the transaction were handled by Kirthi Srinivas (Partner), along with Shivangi Pradhan (Associate), Ashna Mahajan (Associate), and Arth Doshi (Associate).

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