24 May 2024


Trilegal advised Shriram Finance Limited in relation to the sale of its controlling stake in Shriram Housing Finance Limited to Warburg Pincus LLC. As a part of this transaction, Valiant Partners L.P., Mauritius will also sell its entire stake in Shriram Housing Finance Limited to Warburg Pincus LLC.
Trilegal’s role involved: (i) conducting a vendor due diligence on Shriram Housing Finance Company, (ii) drafting, negotiating and finalising the transaction documents, and (iii) providing general advice under Indian law in relation to change in control of a housing finance company and other aspects of the transaction (including in connection with statutory filings, stamp duty, etc.)
It is the largest M&A deal in the housing finance sector and also marks Warburg’s largest investment in India. Shriram Housing Finance Limited is one of India’s leading players in the affordable housing segment.
The Trilegal Corporate team was led by Ashwyn Misra, Partner and comprised of Swapnil Phadnis, Counsel; Adwiteeya Sharma and Teeshta Bissa, Senior Associates; Ipshita Dey, Akhil Kumar, Medha Nagpal, Anuraag Pillai, Siddhant Swain, Sanjana Manusanipalli and Shridhara Das, Associates.
The Trilegal Employment team was led by Atul Gupta, Partner and comprised of Kanishka Maggon, Counsel; and Tania Gupta, Associate.
The Trilegal Secretarial team was led by Sampath Kumar, Partner and comprised of Vadiraja PS, Principal Consultant.
Media link:
About Trilegal
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; one of the ‘Best Overall Law Firms’ at the India Business Law Journal Indian Law Firm Awards 2022; ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year” by VCCircle Awards 2020 one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020; and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020.
For more information, please contact:
Sahil Wason
Mob: +91-8928008122 | BD@trilegal.com
Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website, www.trilegal.com, you acknowledge that:
We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:
For more information, please read our terms of use and our privacy policy.