Shehara Varia
F. J. & G. De SaramF. J. & G. De Saram‘s ’reliable and approachable’ corporate law division fields a ‘plethora of knowledge and experience’ across a broad spectrum of work, advising multinationals in Sri Lanka in high-value and sophisticated matters pertaining to share acquisition and divestment, capital financing and ongoing amalgamations. Ayomi Aluwihare is a key member of the team in capital market, investment and finance sector-related activities, while Shehara Varia takes point on the team’s M&A-related matters. Anjali Fernando oversees work pertaining to the construction, infrastructure and hospitality sectors. Shanaka Gunasekara and Himali Mudadeniya are both highly active advising clients in the baking and finance sector, while Buwaneka Basnayake holds over 15 years of experience in capital markets and foreign expansion advice.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
The plethora of knowledge and experience demonstrated by the partners is what I find unique. They are also very reliable and approachable.’
‘Our recent interactions have been with Ayomi Aluwihare, Buwaneka Basnayake and Praveeni Algama. Their knowledge and expertise in corporate and investment-related matters are par excellence. ’
‘Punctual.'
'The firm practices high standards of professionalism, work ethics and quality of client deliverables.'
'Excellent team with wide legal knowledge. Legal work is best available in Sri Lanka.'
'Very friendly and professional team of individuals, who have the knowledge in subject areas or refer to the relevant subject matter expert.'
Key clients
- Dialog Axiata PLC
- Emerald Sri Lanka Fund I Limited
- Hayleys PLC
- TRF Singapore Pte. Ltd
- Lanka Credit and Business Finance Limited
- Asia Development Bank
- Minor International PCL
- Colombo Stock Exchange
- Reliance Retail Ventures Limited
- D L A Piper (Singapore)
Work highlights
- Acted as the legal advisor to TRF, a Tata Group company, on the sale of its shares in Dutch Lanka Trailer Manufacturers Limited.
- Advised Dialog as local counsel on the proposed acquisition of Airtel Lanka in consideration of shares to be issued to Airtel India in Dialog including the negotiation and execution of inter alia the Share Sale Agreement and carrying out a due diligence of Airtel prior to the acquisition
- Advised International Finance Corporation (“IFC”), a member of the World Bank Group on the proposed investment of up to Sri Lanka Rupees Three Billion Two Hundred Seventy Million (3,270,000,000) in Sunshine Healthcare Lanka Limited (“SHL”).
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
Ayomi Aluwihare, Shehara Varia, Anjali Fernando, Himali Mudadeniya, Buwaneka Basnayake, Shanaka Gunasekara