Tata Power Company has sold its defense business to a group company, Tata Advance Systems, at an enterprise value of Rs. 2,230 crore..Shardul Amarchand Mangaldas advised Tata Advanced Systems Limited (TASL) and the team was led by Managing Partner Akshay Chudasama along with Partners Anuj Prasad and Arka Banerjee, Principal Associate Anandita Kaushik and Senior Associates Ankit Mishra and Aditi Tralshawala and Associates Payal Chhabria, Taruna Dhingra and Aditya Kumar Ayachit..The competition team included Partners Shweta Shroff Chopra and Aparna Mehra, Principal Associate Vivek Agarwal, Senior Associate Ritwik Bhattacharya and Associate Gayatri Pradhan..Partner Meghna Rajadhyaksha advised on the NCLT related process, along with Associates Umang Singh and Pulkitesh Tiwari..HSA Advocates advised Tata Power with a team led by Aninda Pal and Kunal Rajpal..AZB & Partners acted for Tata Motors and the team was led by Partner Ashwin Ramanathan.
Tata Power Company has sold its defense business to a group company, Tata Advance Systems, at an enterprise value of Rs. 2,230 crore..Shardul Amarchand Mangaldas advised Tata Advanced Systems Limited (TASL) and the team was led by Managing Partner Akshay Chudasama along with Partners Anuj Prasad and Arka Banerjee, Principal Associate Anandita Kaushik and Senior Associates Ankit Mishra and Aditi Tralshawala and Associates Payal Chhabria, Taruna Dhingra and Aditya Kumar Ayachit..The competition team included Partners Shweta Shroff Chopra and Aparna Mehra, Principal Associate Vivek Agarwal, Senior Associate Ritwik Bhattacharya and Associate Gayatri Pradhan..Partner Meghna Rajadhyaksha advised on the NCLT related process, along with Associates Umang Singh and Pulkitesh Tiwari..HSA Advocates advised Tata Power with a team led by Aninda Pal and Kunal Rajpal..AZB & Partners acted for Tata Motors and the team was led by Partner Ashwin Ramanathan.