Shardul Amarchand Mangaldas & Co. (“SAM”) advised AION Investments Private Limited (“AION”), a special purpose vehicle of a fund managed by affiliates of Apollo Global Management, Inc., on the sale of its entire stake held in Planetcast Media Services Limited (“Planetcast”) to Arugn Technologies Private Limited.
The transaction involved AION’s complete exit from Planetcast and its subsidiaries.
The Transaction Team was led by Gunjan Shah, Partner, and Sangamitra Sankaraiah, Partner, along with Devaditya Chakravrti, Counsel; Amrusha Monga, Senior Associate; and Ayush Sharma, Associate.
The Due Diligence Team was led by Gunjan Shah, Partner; Shahana Chatterji, Partner; Pooja Ramchandani, Partner; Kriti Kaushik, Partner; and Sangamitra Sankaraiah, Partner, supported by Devaditya Chakravrti, Counsel; Namrata Ramachandran, Principal Associate; Hitakshi Mahendru, Senior Associate; Amrusha Monga, Senior Associate; Veda Handa, Senior Associate; Ruthvik Tumuluri, Senior Associate; Ayush Sharma, Associate; Sanskriti Nigam, Associate; Arushi Tiwari, Associate; Shalini Prem, Associate; and Arushi Moza, Associate.