JSA corporate partner Jamshed Bhumgara to join SAM Mumbai, to continue old working relationship

Jamshed Bhumgara
Jamshed Bhumgara

Shardul Amarchand Mangaldas (SAM) is set to bulk up its Mumbai corporate strength with J Sagar Associates (JSA) partner Jamshed Bhumgara.

He is understood to be joining the firm in January.

Bhumgara is part of JSA’s corporate and commercial practice, handling work in M&A, joint ventures, cross border investments, private equity, hospitality, retail, franchising and real estate.

In late 2018 he had led for Temasek’s Claymore Investments on Visa’s $280m minority stake buy in Billdesk.

He had joined the firm in 2008 after joining from Mulla & Mulla, where he had been an articled clerk since 2003.

He became retained partner at JSA in 2013.

We have reached out to Shardul Amarchand, JSA and Bhumgara for comment.

Update 20:00: We now have comments from both firms confirming his move:

SAM managing partner Akshay Chudasama said: “I am delighted to have Jamshed join the firm and continue our working relationship from the JSA days.”

JSA joint managing partners Amit Kapur and Vivek Chandy said: “Jamshed having spent over 11 years has chosen to move out of his comfort zone and explore new possibilities. We will miss him and wish him all the success in his next role.”

Yesterday we had reported that SAM Delhi corporate equity partner Anuj Prasad would leave in the coming months.

Comments

JSAIIT 15 Nov 2019, 15:38
+4 -0
equity do bhai.. else all good people will keep leaving
Comfort zone 15 Nov 2019, 16:53
+11 -0
What do the JMPs mean by “move out of comfort zone?” Is all very cozy at JSA?
Target 18 Nov 2019, 05:19
+3 -1
Quite absurd statement by JMPs... why not just bid farewell and best of luck, don't see the need to cast shade with such language.
Jhintaac 15 Nov 2019, 17:17
+4 -5
Blow to jsa. He was one of excellent lawyers they had .
JSA Attorney 16 Nov 2019, 05:27
+8 -0
Excellent PE M&A lawyer and an exceptional human being. SAM will be lucky to have him.
Wapas le aao 16 Nov 2019, 07:10
+3 -0
Get him back plsss
BnF 16 Nov 2019, 07:11
+2 -0
Hearing about some upcoming departures as well...
kaal se kaal mila 16 Nov 2019, 08:09
+0 -0
Akshay didn't take him when leaving JSA however took him now. building an army i suppose!
Firm 22 Nov 2019, 14:46
+0 -1
Creating firm within a firm.
Bhum Ro 17 Nov 2019, 04:46
+4 -0
Jsa is disintegrating. Time for Akshay to come back and takeover perhaps?
Jhintaac 17 Nov 2019, 09:57
+3 -2
Yes. All star partners have left JSA
How? 18 Nov 2019, 05:17
+2 -0
Have there been any recent high profile exits? I don't think they lost any major partners in the past couple years.
alias 20 Nov 2019, 04:47
+1 -3
Maybe cause they dont have any major partners left anymore.
Late 19 Nov 2019, 08:04
+0 -0
Der aaye, hopefully drust aaye.
Former Colleague 20 Nov 2019, 08:57
+2 -0
all the best Jammy.
Humorous!! 21 Jan 2020, 08:48
+0 -0
Akshay has carefully formed his own firm under the wider umbrella of SAM and there is a possibility of him leaving SAM with his inducted lawyers at an appropriate time.....there are historical records of Akshay leaving AZB, JSA...and future will follow history....