AZB & Partners Advised MUFG Bank On Proposed USD 4.4 Billion Investment In Shriram Finance

AZB & Partners advised MUFG Bank on proposed USD 4.4 billion investment in Shriram Finance

The leading law firm in India, AZB & Partners represented MUFG Bank on its proposed investment in Shriram Finance, involving a primary investment of approximately USD 4.4 billion for a 20% stake. This transaction is considered the largest foreign direct investment in India’s financial services sector.

The AZB & Partners deal team comprised Senior Partners Vaidhyanadhan Iyer and Gautam Ganjawala; Partners Jeet Chaudhuri and Bhargavy Ramesh; Senior Associates Karun Jhangiani, Priyasha Goyal, and Priya Venkatesan; and Associates Freya Irani and Shefali Deshmukh.

The team was further supported on due diligence by Partners Ajay Singh Solanki, Malini Raju, Nandan Pendsey, Esq., and Counsel Arun Babu; Senior Associates Avani Jain, Prannathi Ajith Kumar, Sanghamitra Sengupta, Ankit Dutta; Associates Manhar Chaudhary, Shraddha Sethia, Avani Laad, Gaurav Jayakumar, Kinjal Parikh, Rudra Prasad, Tamanna ., Ayush Tripathi, Apurva Vats, Pia Tripathi, Meghna Mittal, and Tarini Mehtani; and on tax aspects by Senior Partners Suresh Varanasi and Deepak Chopra, Partners Aditya Singh Chandel and Ankul Goyal, Senior Associates Sarvagya Bilgaiyan and Suhail Bansal, and Associates Adwiteya Grover and Akshat Jain.

Special thanks to Co-Founder & Managing Partner Zia Mody, Senior Consultants Mr. Padmanabhan, Mr. Sudhakar, Ms. Harini Balaji, Senior Partner Rajendra Barot, Senior Associate Harshit Jaiswal, and Associate Ruhaan Shah for their valuable inputs on strategy and structure.

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