September 13, 2023
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 India, which is a global automotive systems & components manufacturer.
The General Corporate team was led by Radhika M Dudhat, Partner; Abhishek Parekh, Partner; Priyanka Sheth, Counsel; Dhwani Baxi, Associate; and Yashvardhan Mittal, Associate.
The Competition team was led by Gauri Chhabra, Partner; Soumya Raizada, Associate; Ujwala Adikey, Associate; and Eesha Sheth, Associate.
The Disputes team was led by Ameya Gokhale, Partner.
Yogesh Chande, Partner and Preeti Kapany, Senior Associate advised on the Securities Law perspective.
Wolf Theiss (Serbia) also represented SONA on the transaction.
Schoenherr advised Novelic and Nirsen d.o.o. Beograd-Zvezdara (“Nirsen”) on the legal aspect.
The Bar Council of India does not permit solicitation of work and advertising by legal practitioners and advocates. By accessing the Shardul Amarchand Mangaldas & Co. website (our website), the user acknowledges that:
Click here for important public notice from the Firm.