Gains from unexercised ESOP buybacks taxable as capital gains: ITAT
Gouri Puri
Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to the Book Running Lead Managers—JM Financial Limited, Avendus Capital Private Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and UBS Securities India Private Limited—as to Indian law, in connection with the initial public offering (IPO) of LEAP India Limited, a leading… Read More +
Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to the Book Running Lead Managers—Axis Capital Limited, BoFA Securities India Limited, JM Financial Limited and Kotak Mahindra Capital Company Limited as to Indian law, in connection with the ₹1,617.48 crore (USD 169.04 million) initial public offering (IPO) of Shiprocket Limited, an end-to-end horizontal e-commerce… Read More +
Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Bain Capital (BC Asia Investments XV Limited), the Corporate Promoter Selling Shareholder, as to Indian law, in connection with the initial public offering (IPO) of Dhoot Transmission Limited (Dhoot), one of India’s leading electrical and electronics companies. The IPO comprised an issue of… Read More +
Shardul Amarchand Mangaldas & Co. (SAM) acted as Indian law counsel to BofA Securities, the Placement Agent, in connection with the private placement of USD 600 million 5.625% Senior Unsecured Notes due 2029 by IDFC FIRST Bank Limited, acting through its IFSC Banking Unit (IBU) in GIFT City Branch. The Notes were issued pursuant… Read More +