Shardul Amarchand Mangaldas advised Suez Environnement and Degremont on its majority stake buy in Driplex Water Engineering and Driplex Water Engineering International from Driplex’ promoters KL Jain and family who were advised by Desai & Diwanji. SAM Delhi partners Amit Kumar and Saurav Kumar,...

Clove Legal advised Goa-based conglomerate Borkar Group on its acquisition of corrugated box maker Suraksha Packers which was advised by Desai & Diwanji. Clove co-founding partner Dharmesh Kotadia and associate Nupur Rustagi acted for Borkar, which deals in printing & packaging, retail, re...

Desai & Diwanji advised the Bector Family and Motilal Oswal Private Equity on their Rs 450 crore ($67.5m) exit from Ludhiana based food and beverage company Mrs Bectors Food Specialities, after selling their minority stake in it. Private equity firms CX Partners, advised by Platinum Partners, a...

Senior Mumbai Trilegal partner Amit Tambe will leave the firm.

Desai & Diwanji advised British media conglomerate Daily Mail & General Trust’s investment arm DMG Information on its Rs 12.7 crore ($2m) infusion in Mumbai-based, non-brokerage, real estate company Liases Foras which was advised by DM Harish & Co. D&D partner Siddharth Mody, sen...

Desai & Diwanji advised British media conglomerate Daily Mail & General Trust’s investment arm DMG Information on its Rs 19 crore ($3m) infusion in Mumbai-based commercial real company Propstack Services which was advised by Hariani & Co. D&D partner Siddharth Mody, senior associ...

AZB & Partners advised International Finance Corporation (IFC) and Desai & Diwanji (D&D) advised GIC in their Rs 1,020 crore equity infusion, alongside Small Industries Development Bank of India (SIDBI), into microfinance institution Bandhan, which was advised by Khaitan & Co. AZ...

Hello again! This week’s newsletter is back with the low-down, context and analysis on the most important things that happened in the last week or so of law.

PDS Legal, the law firm closely allied to Big Four consultancy Ernst & Young (E&Y), is set to boost its M&A practice with the arrival of Desai & Diwanji Mumbai partners Monika Deshmukh and Vihang Virkar.

Veritas Law Offices is advising Delhi-based non-banking financial company (NBFC) Intec Capital in its privately placement of Rs 50 crores of BSE-listed non-convertible debentures.

Desai & Diwanji and Luthra & Luthra acted on the sale of Jaipur Mahua Tollway, a four-laning project conessionnaire of the Jaipur-Mahua section of National Highway 11, for Rs 525 crore to ISQ Asia Infrastructure I, an affiliate of US-based fund I Squared Capital. Desai & Diwanji Mumba...

Desai & Diwanji acted for Hyderabad Chemicals and its shareholders in its Rs 450 crore sale of 74 per cent stake to Japanese listed company Nihon Nohyaku which was advised by J Sagar Associates (JSA). D&D Mumbai partner Vihang Virkar and senior associate Ayesha Rai acted for Hyderabad Chem...

Amarchand Mangaldas maintained its top spot in intelligence provider mergermarket’s M&A league rankings this quarter.

Read on for the hottest M&As, fundraisings and financings of the fortnight.

Desai & Diwanji (D&D) Delhi head and corporate partner Sumes Dewan started up last week, having left the firm two months ago. His full service start-up law firm Lex Favios has offices in Bombay and Delhi, and has 15 lawyers, including him, with at least 10 years of experience working in various law firms.

Desai & Diwanji partner Siddharth Mody acted for Aster DM Healthcare, which invested Rs 41 crore ($6.8m) in Sri Sainatha MultiSpeciality Hospital, which owns and manages the Prime brand of hospitals in Hyderabad. Chennai-based VNS Legal partner Shiva Shankar acted for Sri Sainath. The Desai &#x...

Desai & Diwanji advised Fidelity Capital in the sale of its equity in Laurus Labs, which was advised by Amarchand Mangaldas, to Warburg Pincus which was advised by AZB & partners.

Desai & Diwanji, DSK Legal and Universal Legal reprised their roles in Aster DM Healthcare’s second fundraising round. Universal Legal Chennai partners Kavitha Vijay and Sameena Chatrapatty acted for DM. On the repeat investor side, DSK partner Narendra Dingankar and associate Mayank Mehta acte...

Desai & Diwanji advised Delhi-based oil company HAL Offshore and its investment bank Equirus Capital in a controlling stake buy-out of the BSE and NSE-listed company Seamec for around Rs 253 crore, opposite AZB. AZB Mumbai capital markets partner Shameek Chaudhuri and senior associate Rinki Gan...

Leapfrog Investment bought a Rs 174 crore ($29m) stake in IFMR Capital Finance, advised by Desai & Diwanji and Trilegal.