Shashank Patil
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.