Partner | Corporate and Commercial, Mergers and Acquisitions, Restructuring & Insolvency
- T: +91 22 6636 5000
- E: Write to me
education
- B.B.A. LL.B., Symbiosis International University (2010)
- Solicitor of Senior Courts of England and Wales
Ashraya Rao is a Partner in the Corporate, M&A and Private Equity Practice Group in the Mumbai office. Ashraya is dual-qualified in India (Advocate) and England & Wales (Solicitor of Senior Courts).
Ashraya has advised several clients on private and public M&As, cross border M&As, private equity, corporate restructurings, insolvency M&A, strategic alliances/JVs and advisory on all aspects of Indian corporate, securities and foreign investment laws.
Ashraya has been recognised as a ‘Notable Practitioner for M&A’ by IFLR (2018, 2019 and 2020) and ‘Recommended for M&A’ by RSG India Report 2019.
Ashraya has also worked with Slaughter and May, London as a ‘visiting lawyer’ from September 2015 to March 2016, where he was involved in cross-border M&A and private equity transactions.
Professional Affiliations
- Bar Council of Maharashtra & Goa, India
- Law Society of England & Wales (Solicitor of Senior Courts)
Recognition and Accomplishments
Recognised as a Notable Practitioner for his expertise in the Mergers & Acquisitions by IFLR1000 (2018 and 2019).
The RSG India Report 2019 featured Ashraya as “Recommended by Clients for Mergers and Acquisitions"
Representative Matters
Ashraya Rao has represented and advised the following clients
Gangavaram Port Limited and DVS Raju family (promoters)
Advised Gangavaram Port Limited and DVS Raju family (promoters) on their strategic divestment to Adani Ports & SEZ Ltd.
EdgeConneX, Inc and EQT
Advised on EdgeConneX’s joint venture with Adani Enterprises Limited for data centres in India.
NUVOCO Vistas Corporation Limited (Nirma Group)
Advised NUVOCO Vistas Corporation Limited (Nirma Group) on (i) its acquisition of 100% stake in Emami Cement Limited; and (ii) the debt investment by Kotak Special Situations Fund.
IHH Healthcare Berhad
Advised IHH Healthcare Berhad and its group companies on its acquisition of controlling stake in Fortis Healthcare Limited.
Reliance Industries Limited
Advised Reliance Industries Limited on the investment by Abu Dhabi Investment Authority and Public Investment Fund of Saudi Arabia in the Digital Fibre INVIT
Birlasoft (India) Limited and its promoters
Advised Birlasoft (India) Limited and its promoters on the proposed merger, demerger and consolidation of its IT Business with KPIT Technologies Limited.
Camlin Fine Sciences Ltd and promoters
Advised Camlin Fine Sciences Ltd and promoters on the minority investment by Infinity Holdings (Convergent Finance) through warrants.
Evolvence Capital
Advised Evolvence Capital on its acquisition of minority stake in Rebel Foods Limited from Bennett Coleman and Company Ltd.
Publications
News and Events
Ashraya Rao has featured in the following news and webinars
News
SEBI steps in to de stress the stressed but are the measures taken by the regulator good enough
Ashraya Rao
News
Looking to invest overseas? 7 things Indian investors must know before investing abroad
Ashraya Rao