Ex-DSK partner Raksha Kothari acts by herself opposite Wadia Ghandy in Rs 265 cr Piramal buy

Tuesday, 26 April 2016 By Legally India Corporate M&A

Raksha Kothari left DSK Legal in January after having been a founding member 14 years ago, to take a few months off and practice independently before deciding her next move.

She has now acted as an independent counsel for cement company Sanghi Industries, which saw an investment of Rs 265 crore by the Piramal group, she confirmed.

Wadia Ghandy joint managing partner Ashish Ahuja was acting for Piramal, Kothari confirmed.

Piramal Enterprises “bought non-convertible debentures (NCD) of Sanghi Industries Ltd, the flagship company of the Ravi Sanghi Group, worth Rs 265.50 crore, Piramal Enterprises said in a statement to stock exchanges on Thursday” reported http://www.livemint.com/.

Raksha KothariDSK LegalWadia Ghandy

Comments

Guest 26 Apr 2016, 15:28
+0 -0
Holy Moly!
BoredLawyer1 26 Apr 2016, 15:45
+1 -0
"She has now acted for cement company Sanghi Industries, which was bought by Rs 265 crore by the Piramal group, as an independent counsel, she confirmed."

Piramal Enterprises [i][b]invested “bought[/b][/i] non-convertible debentures (NCD) of Sanghi Industries Ltd, the flagship company of the Ravi Sanghi Group, worth Rs 265.50 crore, Piramal Enterprises said in a statement to stock exchanges on Thursday”

Investing in NCDs doesn't amount to buying a company. Has this article been proof read?
kianganz 26 Apr 2016, 15:52
+2 -0
Clearly not, but now it has been, thank you for your help! :)
Maire!! 26 Apr 2016, 16:01
+2 -0
Very poor reporting...
Worli Sea Face 26 Apr 2016, 18:42
+2 -0
Hum aaise NCD har rat karte hai!
KC Jha 27 Apr 2016, 07:53
+0 -0
.....of course...as a servant of a law firm / lawyer...!
Guest 27 Apr 2016, 13:05
+0 -0
Great Raksha . way to go !!!!
Commenting is closed for this article.