Khaitan advises InterGlobe on shares placement

Khaitan & Co advised InterGlobe Aviation Limited on its Institutional Placement Programme of 33,578,421 equity shares, aggregating to INR 37,943.61 million consisting of a fresh issue of 22,385,614 equity shares aggregating to INR 25,295.74 million and an offer for sale of 11,192,807 equity shares 4,439,581 equity shares by the promoters – Mr. Rakesh Gangwal, Ms. Shobha Gangwal, Dr. Asha Mukherjee and by The Chinkerpoo Family Trust.

The core deal team included Sudhir Bassi (Executive Director), Abhimanyu Bhattacharya (Partner), Aditya George Cheriyan (Associate Partner), Navodita Gupta (Senior Associate), Ashima Gulati (Associate) and Shreya Vajpei (Associate)

Haigreve Khaitan (Partner), Anuj Sah (Partner) and Vinita Choudhury (Senior Associate) advised the promoters;

  • Moin Ladha (Partner) advised on the regulatory aspects
  • Vinita Krishnan (Associate Director) advised on the Direct tax aspects.