Khaitan & Co advised Indraprastha Gas Limited (“IGL”) on all the corporate and regulatory aspects in relation to sub division of the equity shares of IGL of face value of INR 10 each into five equity shares of face value INR 2 each. The transaction involved advising on legal issues and process of the sub-division of shares as well as interacting with the regulatory authorities in relation to different aspects of the sub-division process. Atul Pandey (Associate partner) and Devesh Pandey (Senior Associate) represented the client on transaction.