AZB & Partners represented the promoters of VIP Industries Limited for the sale of a controlling stake to Multiples PE and their consortium members. The total consideration is INR 1,763 crore for a 32% stake, and triggers an open offer.

Our transaction team comprised of our Senior Partner Anand Shah, Partner Kinshuk Jhunjhunwala, Partner Shriram Shah, Senior Associate Aayush Raman, Associates Jhanvi Sangani and Kareena Sobti and Articled Clerk Karan Nair.