Shashank Patil
, MumbaiCounsel |
- T: 91 80808 09975
- E: Write to me
education
- B.A., LL.B. (Hons.), National Law School of India University, Bangalore (2013)
Shashank Patil is a Counsel in the Corporate and Commercial Practice Group. He specialises in secondary capital market transactions, mergers and acquisitions, domestic and cross-border foreign collaborations and joint ventures, and advising on corporate, foreign exchange and securities law related legislation.
Professional Affiliations
- Bar Council of Maharashtra and Goa
Representative Matters
Shashank Patil has represented and advised the following clients
Nirma Limited on their acquisition of a controlling stake in Glenmark Life Science
Tata Sons and its investment arm, Panatone Finvest on their acquisition of a controlling stake in Tejas Networks;
Reliance Industries on (a) transactions involving acquisition of substantial stake and control in Sterling and Wilson Solar through primary, secondary acquisitions and a mandatory open offer (b) transaction involving acquisition of substantial stake and control in Just Dial and a mandatory open offer (c) transaction involving acquisition of substantial stake and control in Lotus Chocolate Company and a mandatory open offer;
The INEOS Group on (a) delisting of INOES Styrolution India (b) sale of its entire shareholding in INEOS Styrolution India;
Nippon Life Insurance on their open offer to acquire Reliance Nippon Life Asset Management triggered by a share purchase agreement;
Adar Poonawalla’s Rising Sun Group on their acquisition of a controlling stake in Magma Fincorp (now Poonawalla Fincorp);
Poonawalla Fincorp on the sale of its entire stake in its housing finance subsidiary Poonawalla Housing Finance;
Camlin Fine Sciences’ promoter on the open offer and the transaction triggering the offer
Mindtree Limited’s committee of independent directors in reaching a conclusion on the fairness and reasonableness of the unsolicited mandatory open offer by Larsen & Toubro to acquire 31% of Mindtree from its public shareholder, and the committees of independent directors of other companies in relation to open offers;
Siemens AG on transferring their shareholding in Siemens India to other entities within their group by way of block deals and subsequent restructuring of holdings;
Unichem Laboratories on acquisition of a substantial stake in IPCA Laboratories from Dr. Prakash A. Mody and a mandatory open offer;
The Aditya Birla Group and Pilani Investments and Industries Corporation on the sale of a controlling stake in Tanfac Industries;
HT Media on an open offer to acquire shares of Next Mediaworks;
The CK Birla Group and others on an open offer to acquire shares of KPIT Technologies;
Minebea Mitsumi Inc. on an open offer to acquire shares of Jay Ushin;
IHH Healthcare Berhad, Parkway Pantai and their subsidiaries on open offers triggered by subscription of shares in Fortis Healthcare;
Citibank, one of the managers to the delisting of Hexaware, and the delisting of other listed companies such as Rasoi Limited and Prabhat Dairy;
Coal India on one of the largest buyback offers by an indian Company for over 100 million equity shares through the tender offer process and other tender / open market buyback offers of listed companies including Birlasoft, BSE, Cochin Shipyard, Greaves Cotton, Majesco, Persistent Systems, Pidilite Industries, Quick Heal Technologies, Zydus Lifesciences; and
Promoters of listed companies such as Mahindra & Mahindra and Lux Industries in obtaining an exemption from SEBI from the open offer requirements in connection with restructuring of the promoter shareholding as part of an estate planning exercise.
Publications
Ergo Update
03 Oct '24News and Events
Shashank Patil has featured in the following news and webinars