S&R Associates is regularly instructed by clients in the energy and infrastructure sectors to advise on debt restructuring, secured and unsecured NCDs, and insolvency matters. Key names in the team include Arpita Garg and Kinnari Sanghvi; Garg acts for both lender- and borrower-side clients, handling a wide range of acquisition, real estate, and trade finance matters, while Sanghvi, who was elevated to the partnership in May 2024, regularly advises on investments. Aparna Ravi joined the firm in July 2024, while former practice head Divyanshu Pandey left the firm in 2024.
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Key clients
- Amplus Solar India
- Axis Bank Limited
- Bharat Hotels Limited
- ICICI Bank Limited
- IndoSpace Core
- JSW Energy Limited
- State Bank of India
- Yes Bank Limited
Work highlights
- Represented ICICI Bank, Yes Bank and other investors in a INR 10 billion investment in listed, non-convertible debentures of Grasim Industries Limited, a company of the Aditya Birla Group.
- Represented Bharat Hotels Limited, an Indian hospitality brand including The LaLiT hotels, in its INR 11 billion issuance of secured unlisted non-convertible debentures to Kotak Realty Fund