TPG India Investments II, Inc. on sale of its entire stake of 99,18,348 equity shares in Shriram Finance Limited

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Jun 26, 2023

TPG India Investments II, Inc. on sale of its entire stake of 99,18,348 equity shares in Shriram Finance Limited

AZB & Partners advised TPG India Investments II, Inc. (“Seller”) on sale of its entire stake of 99,18,348 equity shares in Shriram Finance Limited (“Company”), representing approximately 2.65% of the total issued and paid-up equity share capital of the Company, for an amount aggregating to INR 13.89 billion (“Transaction”). The sale took place on the floor of the stock exchanges via the screen-based trading platform. ICICI Securities Limited acted as the broker to the Transaction.

The AZB team advising the Seller, comprised our Senior Partner Lionel D’Almeida; our Senior Associate, Rahul Aggarwal; and our Associate Neel Narsinghani.

AUTHORS & CONTRIBUTORS

Partner:
Lionel D’Almeida

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