Shardul Amarchand Mangaldas Advised Tata Steel On Acquisition Of Stake In Thriveni Pellets Private Limited

Shardul Amarchand Mangaldas Advised Tata Steel on Acquisition of Stake in Thriveni Pellets Private Limited

The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) advised Tata Steel Limited (“TSL”) on its acquisition of a 50.01% stake in Thriveni Pellets Private Limited (“TPPL”) from Thriveni Earthmovers Private Limited, for a consideration of up to INR 636 crore, subject to closing adjustments.

The transaction is a strategic investment intended to create long-term value for Tata Steel Limited.

The SAM team was led by Deepto Roy (Partner), with support from Subhojit Das (Principal Associate), Aditya Arora (Senior Associate), Tejash Bhandari (Associate), Sudekshana Venkatesan (Associate), and Ishita Agrawal (Associate).

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