AZB & Partners advised TPG India Investments II, Inc. (“Seller”) on sale of its entire stake of 99,18,348 equity shares in Shriram Finance Limited (“Company”), representing approximately 2.65% of the total issued and paid-up equity share capital of the Company, for an amount aggregating to INR 13.89 billion (“Transaction”). The sale took place on the floor of the stock exchanges via the screen-based trading platform. ICICI Securities Limited acted as the broker to the Transaction.
