Shardul Amarchand Mangaldas advises SONA BLW Precision Forgings Limited on the acquisition of Majority Stake in Novelic

Shardul Amarchand Mangaldas advised SONA BLW Precision Forgings Limited (“SONA”) on the acquisition of 54% stake through a combination of primary and secondary transactions in NOVELIC d.o.o. Beograd-Zvezdara (“Novelic”). The deal was valued at INR 356 Crores and the date of closing the deal was 05 September 2023.   SONA is a listed entity in… Read More +

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Shardul Amarchand Mangaldas advises KKR & Co. Inc on the follow-on investment in Reliance Retail Ventures Limited

Shardul Amarchand Mangaldas advised KKR & Co. Inc. on its follow-on investment in Reliance Retail Ventures Limited (RRVL). The transaction involved the subscription of 17,158,752 equity shares of RRVL for a consideration of USD 250 million (INR 2,069.50 crore) among Reliance Industries Limited (RIL), Reliance Retail Ventures Limited (RRVL) and KKR. With this investment, the… Read More +

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