DLF Limited has entered into a partnership with Medanta to establish a 50:50 special purpose vehicle to design, construct, develop, operate, and manage a ~400-bed multi-super specialty hospital in Greater Kailash-I in New Delhi, aimed at providing the highest quality healthcare.
DLF and Medanta shall contribute equally to the initial share capital of the Company. Post-incorporation, each of DLF and Medanta will acquire and hold a 50% stake in the SPV.
Shardul Amarchand Mangaldas & Co advised DLF Limited on this transaction.
The transaction team was led by Nivedita Tiwari (Partner), Devesh Pandey (Partner), Abhinav Kumar (Principal Associate), Kuhuk Jain (Senior Associate) and Rudra Pratap Tripathi (Associate).
The advisory team on the IP aspects was led by Apoorva Murali (Partner) and Neha Khanduri (Senior Associate).
S&R Associates advised Medanta on this transaction.
The S&R team is led by partners Sanjeev Adlakha and Juhi Singh and counsel Prateek Sharma, and includes associates M.V. Abhinaya and Pranshu Gupta on corporate matters; and partner Sumit Bansal and associates Shivani Chhabra and Taranjeet Singh on tax matters.
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