Religare Enterprises … said it has acquired additional 14.36 per cent stake in Religare Finvest Ltd (RFL) from private equity investors. Post the acquisition, RFL has become a wholly-owned subsidiary of the company from February 28, it said in a BSE filing.

— Mint

S&R Associates advised NYLIM Jacob Ballas Fund III, Mauritius led by a team of partner Mohit Gogia and associate Neethu Roy; partner Niti Dixit, counsel Abhishek Tewari and associate Abhishikta Mallick advised on related litigation and arbitration matters.

Wadia Ghandy represented Religare Enterprises.

Shardul Amarchand Mangaldas represented Resurgence.

2020-02-28

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