Aditya Birla Fashion and Retail Limited’s Acquisition of 51% Stake in Sabyasachi Couture


Shardul Amarchand Mangaldas & Co. advised Sabyasachi Couture on the deal, while Khaitan & Co acted as the transaction counsel to Aditya Birla Fashion and Retail Limited.

Aditya Birla Fashion and Retail Limited completed the acquisition of 51% stake in Sabyasachi Couture from Sabyasachi Couture and its partners, Sabyasachi Mukherjee and Sukumar Mukherjee. The deal is valued at approximately INR 398 crore.

The Shardul Amarchand Mangaldas team was led by Partner Jay Gandhi (Picture); Rohan Jain, Principal Associate; and Joanna Barretto, Associate, the Intellectual Property team was led by Mukul Baveja, Partner.

The Khaitan & Co. team consisted of Arindam Sarkar, Suhana Islam Murshedd, Shourya Sengupta, and Sneh Lata; Due diligence: Riya Dutta and Anwesha Sinha; Intellectual Property aspects: Shailendra Bhandare, Sourav Dan, and Rhea Ghanshani; and Finalisation of the transaction structure: Kapish Mandhyan.

Involved fees earner: Shailendra Bhandare – Khaitan & Co.; Sourav Dan – Khaitan & Co.; Riya Dutta – Khaitan & Co.; Rhea Ghanshani – Khaitan & Co.; Suhana Islam Murshedd – Khaitan & Co.; Sneh Lata – Khaitan & Co.; Kapish Mandhyan – Khaitan & Co.; Arindam Sarkar – Khaitan & Co.; Shourya Sengupta – Khaitan & Co.; Anwesha Sinha – Khaitan & Co.; Joanna Barretto – Shardul Amarchand & Mangaldas & Co.; Mukul Baveja – Shardul Amarchand & Mangaldas & Co.; Jay Gandhi – Shardul Amarchand & Mangaldas & Co.; Rohan Jain – Shardul Amarchand & Mangaldas & Co.;

Law Firms: Khaitan & Co.; Shardul Amarchand & Mangaldas & Co.;

Clients: Aditya Birla Fashion and Retail Ltd; Sabyasachi Couture ;

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Author: Michael Patrini