South Asia - India

S&R Associates

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Demonstrating vast expertise in dealing with Indian regulatory issues and high-profile M&A, the S&R Associates team includes senior lawyers boasting international experience. Regularly advising Fortune 500 corporations, major Indian companies, and global private equity firms, the firm is highly regarded for its work across the aviation, mining, and finance industries. Operating out of Mumbai, Rajat Sethi heads the practice, specialising in foreign investment and restructuring matters, whilst Rachael Israel focuses on capital markets and general corporate issues. From New Delhi, Mohit Gogia covers banking and finance work, and Radhika Iyer is an expert on private equity dealings. Sandip Bhagat and Sanjeev Adlakha are both recommended for their corporate governance and financing advice. Associate Meher Mehta is also noted as key.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team at S&R is an extension of our in-house team. They embed themselves into your company and give legal advice which is not only accurate but also practical.’

  • ‘Sudip and Rajat are extremely sharp with their legal acumen. They also ensure that their teams are aligned to our requirements and deliver their work on time without compromising on the quality. Other partners who are outstanding in their work are Lakshmi Pradeep and Raya Hazarika. They are the rising stars of the firm.’

  • ‘Extremely valuable insights and support when navigating the Indian legal system.’

  • ‘Reliable, competent, and responsive.’

Key clients

  • ArcelorMittal Nippon Steel
  • BofA Securities India Limited
  • Bunch Microtechnologies Private Limited
  • Citigroup Global Markets India Private Limited
  • Cloe Holdings Private Limited
  • Dilip Buildcon Limited
  • Flipkart Internet Private Limited
  • Goldman Sachs (India) Securities Private Limited
  • IRB Infrastructure Developers Limited
  • Kalpataru Power Transmission Limited
  • Mccoy Investment Private Limited
  • Nao Spirits & Beverages Private Limited
  • OFB Tech Private Limited
  • OPC Asset Solutions Private Limited
  • SAR Group
  • Tevapharm India Private Limited
  • United Parcel Service of America, Inc.
  • Vodafone Group Plc
  • ZScaler, Inc.

Work highlights

  • Represented BofA Securities India Limited in connection with the delivery of a fairness opinion to the board of directors of Housing Development Finance Corporation Limited (“HDFC”) in relation to an amalgamation of: (i) HDFC Investments Limited and HDFC Holdings Limited with and into HDFC ("Merger 1"); and (ii) HDFC with and into HDFC Bank Limited subsequent to the completion of Merger 1 through a composite scheme of amalgamation.
  • Represented Aéroports de Paris S.A. ("ADP") in its agreement with GMR Airports Infrastructure Limited ("GIL") initiating the process for a merger of GIL with GMR Airports Limited ("GAL"), in which ADP and GIL currently hold 49% and 51% stakes (respectively).
  • Represented the committee of independent directors of Kalpataru Power Transmission Limited, a listed specialized EPC company, in its merger with its subsidiary JMC Projects (India) Limited, a listed civil construction and infrastructure EPC company.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Rajat Sethi

Other key lawyers

Mohit Gogia, Rachael Israel, Radhika Iyer, Sandip Bhagat, Sanjeev Adlakha, Sudip Mahapatra, Venkatesh Vijayaraghavan, Viral Mehta, William Vivian John, Dhruv Nath, Lakshmi Pradeep, Prachi Goel, Pratichi Mishra, Raya Hazarika, Kanika Khanna, Kinnari Sanghvi, Prateek Sharma, Meher Mehta