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Ankush Goyal

Partner - Corporate

Strategic M&A | Private Equity | Distressed Assets

Ankush Goyal

Contact D: +91 1246253208
T: +91 1246253200


Ankush Goyal is a Partner based at Trilegal’s Delhi office. He has a diverse practice portfolio encompassing private equity, public and private M&A and debt transactions, with a focus on distressed assets. He has significant experience in strategic M&A and joint ventures for European and US clients, and has acted for investors and target companies in private equity transactions.

Ankush has advised on a range of domestic and cross-border transactions, including minority stake purchases, control deals and exits involving multiple co-investors in telecom, manufacturing, infrastructure, financial services and e-commerce. He actively advises and represents clients on investments in distressed assets, including debt buy-outs, corporate finance raises, restructuring of domestic debt and hybrid buy-outs involving debt and equity restructuring.


Gujarat National Law University


Bar Council of Delhi

Select representative clients/matters

  • Varde Partners, on (i) setting up a jointly owned platform for investment in distressed assets in India with Aditya Birla; and (ii) debt resolution through a one-time settlement scheme for the distressed power producer Rattanindia Power
  • Piramal Group, on its bid to acquire Dewan Housing Finance Corporation Ltd, a deposit-taking housing finance company, under the corporate insolvency resolution process
  • Goldman Sachs, on (i) multiple rounds of funding and eventually exit from Tikona; and (ii) (ii) multiple rounds of investment in Fabhotels
  • Brookfield, on (i) acquisition of a portfolio of loans from Piramal group in the renewable space; and (ii) debt and equity investment with respect to one under-construction project of Acme group
  • Consortium of Virgin Hyperloop and DP World FZE, on set up of the pilot Hyperloop system in India
  • Naspers, on multiple rounds of investments in NTex Transportation Services Pvt Ltd (Elasticrun)
  • Medlife founders, on multiple stake sale(s) in API Holdings
  • Varde Partners, CLSA and SSG, on the acquisition of debt and equity held by a consortium of lenders in Sravanthi Energy and subsequent debt and equity restructuring


India’s Future Legal Leader by India Business Law Journal (IBLJ), 2023


Publications from Ankush Goyal


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