Block deal of equity shares of Larsen & Toubro Limited by Specified Undertaking of Unit Trust of India (SUUTI)
Luthra & Luthra Law Offices [L&L] recently advised on a block deal of equity shares of Larsen & Toubro Limited by Specified Undertaking of Unit Trust of India (SUUTI), aggregating to approximately INR 2100 crores (USD 312.5 million approximately).L&L acted as the legal counsel to brokers, Citigroup Global Markets India Private Limited, Morgan Stanley India Private Limited, and ICICI...
Luthra & Luthra Law Offices [L&L] recently advised on a block deal of equity shares of Larsen & Toubro Limited by Specified Undertaking of Unit Trust of India (SUUTI), aggregating to approximately INR 2100 crores (USD 312.5 million approximately).
L&L acted as the legal counsel to brokers, Citigroup Global Markets India Private Limited, Morgan Stanley India Private Limited, and ICICI Securities Limited, on aspects of Indian law.
The international legal counsel to brokers was Sidley Austin LLP, while Cyril Amarchand Mangaldas advised SUUTI.
The transaction team was led by Partner - Manan Lahoty.