Partner | Corporate and Commercial, Mergers and Acquisitions
- T: +91 22 6636 5000
- E: Write to me
education
- B.B.A. LL.B., Symbiosis International University (2010)
Ashraya Rao is a Partner in the Corporate and Commercial practice group in the Mumbai office. Ashraya has advised several clients on corporate and commercial transactions, including private and public M&A, strategic alliances, private equity, joint ventures and advisory on aspects of Indian corporate and foreign investment laws.
Ashraya has 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.
Ashraya comes recommended as ‘notable practitioner’ by IFLR1000 for M&A for 2018 and 2019.
Professional Affiliations
- Bar Council of Maharashtra & Goa
Recognition and Accomplishments
Ashraya comes recommended as ‘notable practitioner’ by IFLR1000 for M&A for 2018 and 2019.
Representative Matters
Ashraya Rao has represented and advised the following clients
IHH Healthcare Berhad and its subsidiaries
Advised on acquisition of controlling stake in Fortis Healthcare Limited.
Birlasoft (India) Limited and its promoters
Advised on the proposed merger, demerger and consolidation of its IT Business with KPIT Technologies Limited.
Dewan Housing Finance Corporation Limited and its promoters
Advised on the sale of the entire 50% stake in DHFL Pramerica mutual fund business to Prudential Financial Inc.
Vedanta Limited
Advised on the acquisition of Electrosteel Steels Limited as part of the corporate insolvency resolution process.
Spencer’s Retail Limited
Advised on its acquisition of 100% stakes in Natures Basket Limited from Godrej Industries Limited
Sterlite Power Technologies Limited and Sterlite Power Grid Ventures Limited
Advised on purchase by SPTL of entire stake of Standard Chartered PE entities in the Company
Medtist Group
Advised on its acquisition of controlling stake in Andromeda Sales.
Nissin Foods HD, Japan and Nissin India
Advised on the India leg of its strategic alliance with Mitsubishi Corporation, Japan
Metropolis Healthcare Private Limited and its promoters
Advised on: (i) acquisition of controlling interest (purchase of all shares held by Warburg Pincus); and (ii) facilitating the purchase of minority stake by Carlyle group.
