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Jun 27, 2023

JM Financial Institutional Securities Limited on the sale of entire stake of 54,98,875 equity shares by Sequoia Capital India Investments IV in Go Fashion (India) Limited

AZB & Partners advised JM Financial Institutional Securities Limited (“Broker”) on the sale of entire stake of 54,98,875 equity shares by Sequoia Capital India Investments IV in Go Fashion (India) Limited (“Company”), representing 10.18% of the total issued and paid-up equity share capital of the Company, for an amount aggregating to INR 6,247.21 Million. The sale took place on the floor of the stock exchanges via the screen-based trading platform.

The AZB team advising the Broker, comprised our Senior Partners, Varoon Chandra and Lionel D’Almeida; our Senior Associate, Bharat Mordani; and our Associate, Rajat Chadha.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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