S&R, AZB and Amarchand act on Vodafone’s buy out of Analjit Singh’s, Piramal Enterprise’s stake (Updated)

Vodafone Group is buying out minority partners Analjit Singh and Piramal Enterprises in its India unit. Vodafone Group will pay Analjit Singh Rs. 1,241 crore and Piramal Enterprises Rs. 8,900 crore for their stakes in Vodafone India as part of a proposal by the British telecom major to fully own its domestic unit, reports ET.