Open Offers/ Delisting

Client Transaction DetailsValue
(US$ mn)
Year
iGateManager to the open offer for Patni Computer Systems Limited consequent to acquisition of controlling stake303 2011
CamlinManager to the open offer for Camlin Limited consequent to acquisition of controlling stake by Kokuyo Group362011
Tyco ElectronicsManager to the open offer for ADC Telecommunications Limited pursuant to global acquisition of ADC by Tyco-2011
Religare EnterprisesManager to Religare Enterprise’s open offer4652010
NirmaManager to the delisting offer for Nirma Limited in order to take the Company private 174 2010
Huber GroupManager to the delisting offer for Micro Inks Limited872010
Tech MahindraOpen Offer for Satyam Computer Services Limited2402009
Wilo Delisting offer for Mather and Platt Pumps Ltd.132008
NAVIS Group Open Offer for Sah Petroleums Limited102008
Thomas Cook Limited Open Offer for Thomas Cook (India) Limited802008
The Blackstone Group Open Offer for Gokaldas Exports422007
Wendt Limited Open Offer for Wendt (India) Ltd.72007
Mahindra Open offer for Punjab Tractors Limited
Open offer for Swaraj Engines Limited
Open offer for Swaraj Automotives Limited
972007
Nalco Delisting offer by Nalco Company to acquire balance shares of Ondeo Nalco India162007
Coromandel Group Open Offer for Godavari Fertilizers and Chemicals Ltd.82007
Reliance ADA Group   Open Offer for Reliance Natural Resources Limited1872006
Everest Industries Limited Open Offer for Everest Industries Limited122006
Bain Capital Open Offer for FCI OEN Connectors Limited112006
Huber Group Open Offer for Micro Inks Limited752005
Reliance ADA Group Open Offer for Reliance Capital Limited2652005
Standard and Poor's Open Offer for CRISIL Limited532005
Krone Open Offer for Krone India Limited pursuant to global acquisition of Krone by ADC Confidential2005
CitigroupReverse book built Offer for e-Serve International Ltd in order to take the company private1162004
UB Group Competitive bid for Herbertsons Limited202004
CABOTSuccessful delisting of Cabot shares listed on BSE82001
GESCO CorpSuccessful "Counter Offer" for GESCO Corporation which involved a "White Knight" defence for the first time in India162001
Abbott LaboratoriesSuccessful open offer for Knoll, as a result of an international acquisition242001
Saint GobainOpen Offer for Orient Cerwool LimitedConfidential1999
TorrentOpen Offer for Ahmedabad Electricity Company shares which led to Torrent's acquiring control331998
GE Pioneering Offer in 1997 - the first offer under the new 'Takeover Code'; the second led to consolidation of stake in the target company81998
GE Procurring approval for the first time from the government of India for a 100% stake in an NBFC  1997
Abbott LaboratoriesLandmark transaction involving a "conditional offer" in which the Takeover Code was tested, with the Appellate Authority ruling in favour of the strategy recommended by KotakConfidential1997

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