Budget 2024: What’s on India inc’s M&A wishlist?
Gouri Pouri
As our Firm continues to grow and evolve, we are pleased to announce the expansion of the Management Board to nine members, to align with our commitment to infuse fresh leadership at our Board level. The four new members appointed to the Management Board, effective today, are: Mr. Raghubir Menon Mr. Prashant Gupta Mr.… Read More +
Jatin Aneja and Suranjan Shukla
Shardul Amarchand Mangaldas advised GMR Airports Limited in acquisition of 11% shareholding in GMR Hyderabad International Airport Limited. The deal is valued at approximately USD 100 million and closed on 25 January 2024. This deal marks GMR Group’s increased stake in Hyderabad airport from 63% to 74%. GMR Airports Limited’s acquisition represents 10.998% of… Read More +
Shardul Amarchand Mangaldas advised Petronet LNG Limited, India’s largest liquefied natural gas importer, in the setting up of an LNG storage and regasification terminal at Gopalpur Port in Orrisa. The deal is valued at approximately USD 277 million. This terminal will be the first to be set up at the recently constructed Gopalpur Port.… Read More +