Steadview Cap, Malabar Funds and Ronnie Screwvala have acquired 33 percent stake in Neuland Health Science Pvt Ltd, the holding company of Neuland Laboratories Ltd from InvAscent, a pharma and healthcare-focused private equity firm..Luthra & Luthra Law Offices advised Steadview Cap and the team was led by Partners Sundeep Dudeja and Vaibhav Kakkar..ARA Law advised Malabar Funds and the team was led by Rajesh Begur and Avik Karmakar..Rajaram Legal acted for Ronnie Screwvala and the team included Partners Archana Rajaram and Priyadarshani Sherchan.Platinum Partners advised the sellers and the team was led by Partner Zubin F Masani..Neuland group is in the process merging its holding company NHSPL and the listed company Neuland Laboratories. Post amalgamation, Steadview Cap, Malabar Funds and Ronnie Screwvala will hold 20 percent stake in Neuland Laboratories, reported Money Control.
Steadview Cap, Malabar Funds and Ronnie Screwvala have acquired 33 percent stake in Neuland Health Science Pvt Ltd, the holding company of Neuland Laboratories Ltd from InvAscent, a pharma and healthcare-focused private equity firm..Luthra & Luthra Law Offices advised Steadview Cap and the team was led by Partners Sundeep Dudeja and Vaibhav Kakkar..ARA Law advised Malabar Funds and the team was led by Rajesh Begur and Avik Karmakar..Rajaram Legal acted for Ronnie Screwvala and the team included Partners Archana Rajaram and Priyadarshani Sherchan.Platinum Partners advised the sellers and the team was led by Partner Zubin F Masani..Neuland group is in the process merging its holding company NHSPL and the listed company Neuland Laboratories. Post amalgamation, Steadview Cap, Malabar Funds and Ronnie Screwvala will hold 20 percent stake in Neuland Laboratories, reported Money Control.