Aditya Himmat Bhansali has acquired the promoter shareholding in PH Capital Limited from Sejal Rikeen Dalal, Tej Pradip Dalal, Sujalbhai Vikrambhai Palkhiwala, Rikeen P. Dalal HUF, Krishna Trust, Tirupati Trust, and Ruby Multimedia Private Limited, for ₹45,07,66,792/-.
Mindspright Legal advised and represented the Aditya Himmat Bhansali on this acquisition. The mandate included advising on the transaction structure, drafting, reviewing and negotiating the definitive transaction documents, advising on and undertaking the mandatory open offer process under the applicable SEBI regulations, preparing and filing the requisite regulatory filings, and providing end-to-end legal support through execution and closing of the transaction.
The transaction team consisted of Akshaya Bhansali (Managing Partner), Nirali Mehta (Partner) and Vyshnavi Reddy (Associate).
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