SAM, DSK, CAM act on Norwest Capital, LLC investment in Regency Hospital

The deal is valued at ₹450 crore.
Regency Health
Regency Health

Norwest Capital, LLC has made an investment in Regency Hospital Limited through primary subscription to compulsorily convertible cumulative preference shares and a secondary acquisition of equity shares for a total consideration of ₹450 crore.

Shardul Amarchand Mangaldas & Co advised Norwest Capital on this investment deal.

The transaction team was led by Puja Sondhi (Partner), Aayush Kapoor (Partner) Pooja Thomas (Principal Associate), Paavani Gupta, Harjas Singh and Arpit Saini (Associates).

The due-diligence team consisted of Harjas Singh, Chirag Mangal, Kanika Mittal, Arpit Saini, Pratim Majumder and Akshita Jain (Associates).

The regulatory aspects of the due diligence exercise was led by Sadia Khan (Partner), Protiti Roy (Principal Associate), Aparajita Gupta (Senior Associate), Ambarish Deenadhayalraj and Kumar Mangalam (Associates).

DSK Legal advised Regency Hospital Limited, Kois Holdings and Healthquad Fund I and Cyril Amarchand Mangaldas were the counsel for International Finance Corporation.

Regency Hospital Limited is engaged in the business of establishing, operating, and maintaining hospitals, nursing homes, dispensaries, clinics and other similar health care centres and facilities.

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