Cyril Amarchand Mangaldas advised Goldman Sachs (India) Securities Private Limited (the “Placement Agent“) which acted as the placement agents for the sale of 73,170, 731 equity shares of Aditya Birla Lifestyle Brands Limited (“Company”) by Flipkart Investments Private Limited (the “Seller“) by way of a share sale on the screen based trading platform of BSE Limited and National Stock Exchange of India Limited. This comprised sale of 5.94 % stake by the Seller in the Company for a reported aggregate amount of INR 951.21 crores.
The transaction team advising the Company was led by Manshoor Nazki, Partner (Regional Co-Head – Capital Markets – South); with assistance from Mansi Jhaveri, Principal Associate; and Vishesh Jain, Associate.