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Dec 20, 2023

TPG Asia SF V Pte. Ltd. on the sale of its entire stake in Shriram Properties Limited

AZB & Partners advised TPG Asia SF V Pte. Ltd. (“Seller”) on the sale of its entire stake in Shriram Properties Limited, aggregating to 16,756,351 equity shares of INR 10 each, representing approximately 9.86% of the total paid-up equity share capital, aggregating to approx. INR 1.90 billion. The sale took place on the floor of the stock exchanges via the screen-based trading platform with IIFL Securities Limited acting as the broker.

The AZB team advising the Seller comprised our Senior Partners, Varoon Chandra and Lionel D’Almeida; and our Counsel, Rahul Aggarwal.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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