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Kochhar & Co. is pleased to have advised Tata Communications Limited (TCL) on a significant group restructuring. Besides India, the restructuring also involved TCL entities in Singapore, the United Kingdom, and the Netherlands.

The transaction was led by Kochhar & Co.’s Mumbai Senior Partner & Head, Rajarshi Chakrabarti, and Partner Sameena Jahangir, with support from Associate Aakash Karekar.

As Lead Counsel, Kochhar & Co. provided comprehensive advice to TCL on structuring the transaction in accordance with the Foreign Exchange Management Act, 1999; SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; and the Companies Act, 2013, facilitating a simplified group structure in line with Indian law and supporting TCL’s global lean strategy. The Firm also liaised with an international law firm to achieve the Closing in a time-bound manner.

Kochhar & Co.’s role, inter alia, encompassed:

• Liaising with tax advisors and foreign legal counsel across jurisdictions
• Overseeing corporate restructuring activities across jurisdictions.

This deal showcases the Firm’s strength in managing complex, multi-jurisdictional matters with precision and agility.