Divestments

Client Transaction DetailsValue
(US$mn)
Year
Ispat IndustriesExclusive financial advisor to Ispat Industries for strategic stake sale to JSW Steel through a preferential issue of shares 480 2010
Kotak Mahindra BankFinancial Advisor for preferential allotment of 4.5% stake by Kotak Mahindra Bank to SMBC, a unit of Sumitomo Mitsui Financial Group2972010
CiplaExclusive financial advisor to Cipla for sale of all Intellectual property rights in India related to Cipla’s "i-pill" brand to Piramal Healthcare212010
NelcoExclusive financial advisor to Nelco for sale of Traction Electronics, SCADA and Industrial Drives businesses, as a going concern, to Crompton Greaves 202010
Zee News Sale of 6 regional channels to Zee Entertainment Enterprise Ltd.2592009
KEI-RSOS Maritime and Rajamahendry Shipping and Oilfield Services Ltd Exclusive advisor to shareholders of KEI-RSOS Maritime and Rajamahendry Shipping and Oilfield Services Ltd. for sale of 100% equity stake to Great Offshore Limited632008
Gokaldas Exports Exclusive advisor to Gokaldas Exports for sale of controlling stake to Blackstone and Manager to the related Open Offer by Blackstone1652007
SREI Infrastructure Joint venture between SREI Infrastructure and BNP Paribas for Asset Finance1922007
Bombay Stock Exchange Demutualization of Bombay Stock Exchange Limited through 51% Private Placement5002007
Anchor Electricals Divestment of 80% stake in Anchor Electricals Private Limited to Matsushita Electrical Works Ltd.4802007
Hutchison Whampoa Sale of controlling interest in Hutchison Essar to Vodafone108292007
INX Media / INX NewsAcquisition of equity stake by Temasek, New Silk Route, New Vernon, and Kotak in Greenfield venture promoted by Ms. Indrani Mukerjea and Mr. Vir SanghviConfidential2007
IFFCO Divestment of 25% equity stake held by IFFCO in Godavari Fertilizers and Chemicals Ltd. to Coromandel Fertilizers Ltd.302007
Thomas CookDivestment of 60% stake in Thomas Cook India Limited to Dubai International group922005
Bilakhia GroupDivestment of promoter stake to Huber Group, and acquiring stake in Huber's Group's European Unit3032005
Hindustan Motors Hive-off of the Component Business of Hindustan Motors and inviting Actis Capital LLP to acquire 30% stake in the new companyConfidential2005
Escorts Disinvestment of telecom businesses for select circles702004
Maruti Suzuki Government of India Disinvestment6102002
Gujarat Pipavav LNG Co Ltd Sale of equity in Pipavav LNG to BG922001
Owens-Illinois Inc Sale of Owens Brockway India to Hindustan National Glass Ltd.Confidential2001
Hindustan MotorsSale of Earthmoving Division of Hindustan Motors to Caterpillar Inc., USA852001
M-sealSale of m-seal to PidiliteConfidential2000
BanishSale of "Banish" brand to TranselektraConfidential1995
GoodKnightSale of the "GoodKnight" brand to Godrej251994

Team Leader

Joined Kotak Mahindra Group in 1999

With over 15 years’ experience, specialist in M&A advisory, deal structuring, restructuring, valuations, JVs and India entry services. Intimately familiar with the regulatory framework for M&A (including cross-border M&A), open offers, buybacks and delisting offers.

Outbound M&A expertise has been built by liaising with international investment banks across Japan, Western Europe and UK, and is currently working on many initiatives covering these geographies.

Is an Engineer from the Indian Institute of Technology, Delhi and MBA from the Indian Institute of Management, Ahmedabad.

Leadership Team