Anand Shah
Senior Partner
Practice Area
Sectors
I am driven by the success of my clients, where I have had a significant role to play. I strongly believe that the client should not be a client transaction to transaction but a client for life.
Anand Shah acts for notable financial institutions and handles a range of financing matters from cross-border debt transactions to acquisitions and real estate financing. Reporters says “Anand has a very good understanding of issues, client-centricity and a commercial approach”
Chambers & Partners Asis-Pacific (2024)With over 17 years of experience, Anand Shah leads the firm’s Banking & Finance and Aviation practices. Anand also advises several multinational companies & corporate houses in their M&A and private equity transactions, and general corporate & commercial matters. He also heads the firm’s Private Client Practice, being a trusted advisor to several promoters and high net worth individuals and advises them on aspects ranging from succession planning to strategy.
WORK HIGHLIGHTS
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On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
-
On its momentous and first of its kind structured aircraft financing through an operating entity in the GIFT City India, to acquire six A350-900 aircraft over 6 transactions with international banks - HSBC, SMBC, MUFG, BNPP and CACIB aggregating over USD 700 million.
-
On the sale of its consumer banking business to Axis Bank for over USD 1.5 Bn
-
On their USD 1.1 billion social loan facility to HDFC Limited, reported as the largest social loan globally.
-
On the Indian aspects of the implementation of FedEx’s worldwide acquisition of TNT Express and consequent reorganisation which involved integration of the tax and legal structure related to the ‘Express’ business activities of FedEx and TNT Express and their affiliates in India, undertaking a transfer of the entire business of TNT India to FedEx India, and a merger of TNT India with FedEx India.
-
On the Indian law aspects of the sale of its 11% equity stake in GMR Hyderabad International Airport Limited to the GMR Group for a consideration of USD 100 million.
-
On (i) Its acquisition of Thyrocare Technologies, for an aggregate value of USD 844 million (ii) The merger of Ascent Health and 91 Streets to create API Holdings (iii) Several fund-raises from Naspers, TPG, Temasek, JM Financial, B Capital, Everstone, Think Capital, Bessemer Venture Partners, Astarc Ventures, Orios Venture Partners, Trifecta, Innoven, Fundamentum, Eight Roads, CDPQ, LGT, etc. (increasing the total valuation of the company to upwards of USD 6 billion)
RECENT RECOGNITION
2024
2023
2022
2021
Asialaw Profiles
‘Distinguished Practitioner’ for Banking & Finance
Chambers & Partners Asia-Pacific
Ranked for Banking & Finance
Chambers & Partners Asia-Pacific
Ranked for Aviation
Chambers & Partners Global
Ranked for Banking & Finance
Chambers & Partners HNW Guide
Ranked for Private Wealth Law
IFLR1000
‘Highly Regarded’ for Banking and M&A
Legal 500 Asia Pacific
- Leading Lawyer for Private Aviation, Banking & Finance, Private Client
- Recommended for Life Sciences & Healthcare
Legal 500 India Awards
Named as an ‘Aviation (including Aerospace & Defence)’ Lawyer of the Year
Asialaw Profiles
‘Distinguished Practitioner’ for Banking & Finance
Chambers & Partners Asia-Pacific
Ranked for Banking & Finance
Chambers & Partners Global
Ranked for Banking & Finance
Chambers & Partners HNW Guide
Ranked for Private Wealth Law
Economic Times
Part of the ‘40 under Forty India Inc’s Top Young Leaders, a list published by the Economic Times – Spencer Stuart Survey
IFLR1000
‘Highly Regarded’ for Banking and M&A
India Business Law Journal
Featured in ‘A–List of India’s Top 100 Lawyers’
Legal 500 Asia Pacific
- Leading Lawyer for Private Client Practice
- Recommended Lawyer for Aviation, Corporate / M&A and Life Sciences & Healthcare
Legal Era
- Named a Leading Lawyer Champion for Aviation
- Named a Leading Lawyer for Banking & Finance
Asialaw Profiles
‘Distinguished Practitioner’ for Banking & Finance
Chambers & Partners Asia-Pacific
Ranked for Banking & Finance
Chambers & Partners Global
‘Up and Coming’ Banking & Finance Lawyer
IFLR1000
‘Highly Regarded’ for Banking and M&A
Legal 500 Asia Pacific
Recommended for Aviation, Banking & Finance, Private Client Practice and Private Equity & Investment Funds
Asialaw Profiles
‘Distinguished Practitioner’ for Banking & Finance
Asian Legal Business
Named amongst ‘Asia’s Top 15 Rising Lawyers under 40’
Asian Legal Business India Law Awards
Young Lawyer of the Year
BW Legal
Named among ‘Top 40 under 40 – Elite Group of Lawyers & Legal Influencers’
Chambers & Partners Asia-Pacific
Ranked for Banking & Finance
Chambers & Partners Global
‘Up and Coming’ Banking & Finance Lawyer
IFLR1000
‘Highly Regarded’ for Banking and M&A
Legal 500 Asia Pacific
Recommended for Aviation, Banking & Finance and Private Client Practice
RECENT RECOGNITION
Asialaw Profiles
‘Distinguished Practitioner’ for Banking & Finance
Chambers & Partners Asia-Pacific
Ranked for Banking & Finance
Chambers & Partners Asia-Pacific
Ranked for Aviation
Chambers & Partners Global
Ranked for Banking & Finance
Chambers & Partners HNW Guide
Ranked for Private Wealth Law
IFLR1000
‘Highly Regarded’ for Banking and M&A
Legal 500 Asia Pacific
- Leading Lawyer for Private Aviation, Banking & Finance, Private Client
- Recommended for Life Sciences & Healthcare
Legal 500 India Awards
Named as an ‘Aviation (including Aerospace & Defence)’ Lawyer of the Year
Asialaw Profiles
‘Distinguished Practitioner’ for Banking & Finance
Chambers & Partners Asia-Pacific
Ranked for Banking & Finance
Chambers & Partners Global
Ranked for Banking & Finance
Chambers & Partners HNW Guide
Ranked for Private Wealth Law
Economic Times
Part of the ‘40 under Forty India Inc’s Top Young Leaders, a list published by the Economic Times – Spencer Stuart Survey
IFLR1000
‘Highly Regarded’ for Banking and M&A
India Business Law Journal
Featured in ‘A–List of India’s Top 100 Lawyers’
Legal 500 Asia Pacific
- Leading Lawyer for Private Client Practice
- Recommended Lawyer for Aviation, Corporate / M&A and Life Sciences & Healthcare
Legal Era
- Named a Leading Lawyer Champion for Aviation
- Named a Leading Lawyer for Banking & Finance
Asialaw Profiles
‘Distinguished Practitioner’ for Banking & Finance
Chambers & Partners Asia-Pacific
Ranked for Banking & Finance
Chambers & Partners Global
‘Up and Coming’ Banking & Finance Lawyer
IFLR1000
‘Highly Regarded’ for Banking and M&A
Legal 500 Asia Pacific
Recommended for Aviation, Banking & Finance, Private Client Practice and Private Equity & Investment Funds
Asialaw Profiles
‘Distinguished Practitioner’ for Banking & Finance
Asian Legal Business
Named amongst ‘Asia’s Top 15 Rising Lawyers under 40’
Asian Legal Business India Law Awards
Young Lawyer of the Year
BW Legal
Named among ‘Top 40 under 40 – Elite Group of Lawyers & Legal Influencers’
Chambers & Partners Asia-Pacific
Ranked for Banking & Finance
Chambers & Partners Global
‘Up and Coming’ Banking & Finance Lawyer
IFLR1000
‘Highly Regarded’ for Banking and M&A
Legal 500 Asia Pacific
Recommended for Aviation, Banking & Finance and Private Client Practice