S&R, CAM lead on IndusInd Bank acquisition of IL&FS subsidiary

IndusInd Bank has signed a share purchase agreement with Infrastructure Leasing and Financial Services Limited, (IL&FS) and other minority shareholders to acquire 100% of IL&FS Securities Services Limited, (ISSL), a subsidiary of IL&FS.

S&R Associates acted for IndusInd Bank and the team was led by Partners  Rajat Sethi and Sudip Mahapatra along with Jagriti Mohata, Dhruv Nath, and Akanksha Sharma.

Cyril Amarchand Mangaldas advised IL&FS . . .

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