PEOPLE

Anshuman Sahijpal is a Partner in the Gurgaon office of the Firm. He is a member of the Corporate and Private Equity practice groups and his areas of focus include mergers and acquisitions, foreign investments, private equity and securities laws including cross-border financing and regulatory approvals. 

Anshuman has been advising multinational clients and foreign investors on regulatory and compliance issues and all aspects of structuring inbound investments, due diligence, investor rights and exit options. He also advises clients on issues relating to foreign direct investment policy, foreign exchange laws and securities law. 

He has substantial experience in advising clients from diverse sectors including but not limited to automotive, energy, financial services, infrastructure, oil and gas, pharmaceutical, real estate, retail and technology. 

• Investment by a US entity in Swiggy. Investment amount was approximately INR 185 Crore.
• Divestment by a Japanese MNC of 60% stake in its global air conditioning business to Johnson Controls Inc.
• Investment by a Japanese conglomerate in Snapdeal.
• The legal advice and support involved conducting a comprehensive due diligence on the investee company, advising on the applicability of the Competition Act and competition law issues, the investment agreements, necessary filings and other related issues. This was a cross border transaction involving India, Japan and various other jurisdictions where the global investors are based. This was the largest investment in the ecommerce space made by any foreign investor.
• Legal advice to a US based manufacturer MNC in connection with the requirement to comply with open offer obligations under the SEBI Takeover Code triggered on account of indirect acquisition of an Indian listed company.
• Investment by foreign investors in National Stock Exchange in 2010 and 2011 of INR 167.2 Crore and INR 246 Crore respectively. Shares were acquired from Financial Technologies (India) Limited and IDFC.
• Divestment by foreign investors, of shares of National Stock Exchange for a total of USD 25.2 million approx. (INR 190 crore approx.)
• Divestment of 5.2% shares in Star Health Allied Insurance Company Limited by a Dubai based insurance company (INR 321 Crore).
• Legal advise to a sports goods manufacturing conglomerate in respect of matters in connection with fraud perpetrated in an Indian company acquired by it by the Indian company’s former managing director and chief operating officer. Fraud as alleged was of about INR 8700 Crore.
• Asset purchase by a technology MNC of a tech company based in 5 jurisdictions.
• Advised a regional development bank in connection with sale of 5.2% stake in Petronet LNG by it over the stock exchange for INR 713.76 Crore.<