Restructuring Advisory

Client Transaction Details Value
(US$ mn)
Year
HDFC Standard Life Insurance Company Provided Fairness Opinion to HDFC Life in the merger of the Life Insurance business of Max Group with HDFC Life 2,028 2016
Aditya Birla Nuvo Provided Fairness Opinion to Aditya Birla Nuvo in the merger of Aditya Birla Nuvo with Grasim Industries followed by the demerger of the financial business of Aditya Birla Nuvo into Aditya Birla Financial Services Ltd 7,943 2016
Advanta Limited . Advisor on the Merger of Advanta Limited with UPL Limited - 2015
Mastek Limited Demerger of the Insurance Products and Services business of Mastek Limited into Majesco Limited and the transfer of the offshore insurance operations of Majesco by way of a slump sale to Majesco Software and Solutions India Private Limited, a step down subsidiary of Majesco. Kotak Investment Banking acted as the transaction advisor to Mastek Limited and also provided the Fairness Opinion on the transaction. - 2014
Blue Star Merger of Blue Star Limited and Blue Star Design & Engineering Limited with Blue Star Electro-Mechanical Limited - 2014
Maruti Suzuki-Suzuki Powertrain Merger of Suzuki Powertrain India Limited into Maruti Suzuki India Limited - 2012
Hero Merger of Hero Investments Private Limited with Hero MotoCorp Limited - 2012
Wipro Demerger of Wipro Enterprises Limited (Non-IT Business) from Wipro Limited - 2012
Orient Paper & Industries Limited Demerger of the cement business - 2011
Jubilant Organosys Business Restructuring and Fairness Opinion - 2010
State Bank of India Acquisition of State Bank of Indore by State Bank of India 283 2009
DLF Transaction Advisor and Independent valuer for the integration of promoter held Caraf Builders & Constructions Private Limited (along with DLF Assets Private Limited - DAL) with DLF Cyber City Limited, a wholly owned subsidiary of DLF Confidential 2009
Godrej Consolidation of Godrej group's FMCG business (including Godrej Sara Lee Ltd.) into Godrej Consumer Products Ltd. 160 2009
Reliance Industries Amalgamation of Reliance Petroleum with Reliance Industries 1,752 2009
Mahindra Consolidation of three overseas forging businesses into an India-listed entity - creating the second largest forging entity in India 470 2007
Great Eastern Shipping Demerger of Offshore Division - Business Restructuring Confidential 2006
Godrej Restructuring to enhance shareholder value Confidential 2001
UB Group Advisor to the UB Group on the demerger of its Brewery Business Confidential 2001
Monsanto Consolidation of Indian Operations of Monsanto, USA Confidential 2000
Great Eastern Shipping First Demerger subsequent to effecting of legal provisions Confidential 1999

Team Leader

Joined Kotak Mahindra Group in 1999

Specialist in M&A Advisory, Deal Structuring, Restructuring, Valuations, JVs and India Entry services. Intimately familiar with the regulatory framework for M&A (including cross-border M&A), open offers, buybacks and delisting offers.

Outbound M&A expertise has been built by liaising with international investment banks across Japan, Europe, the UK and the US, and is currently working on many initiatives covering these geographies.

Member of SEBI's Takeover Regulations Advisory Committee, which recommended a new set of Takeover Regulations for Indian listed companies in 2010.

An Engineer from the Indian Institute of Technology, Delhi and MBA from the Indian Institute of Management, Ahmedabad.

Leadership Team