{"id":309784,"date":"2023-12-20T18:30:01","date_gmt":"2023-12-20T13:00:01","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=309784"},"modified":"2023-12-20T15:36:03","modified_gmt":"2023-12-20T10:06:03","slug":"lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/","title":{"rendered":"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent"},"content":{"rendered":"
\n

Lakshmikumaran and Sridharan Attorneys (LKS) acted for Fleming Laboratories Limited (FLL) and its promoters in a private equity transaction of INR 1,100 million by India Life Sciences Fund IV (ILSF) for a minority stake in FLL.<\/p>\n

LKS advised FLL and its promoters with deal structuring, drafting, and negotiations of the transaction documents and assisted in closure of the deal end to end.<\/p>\n

LKS Corporate and M&A team involved in this transaction consisted of Noorul Hassan (Partner), Dinesh Babu Eedi (Associate Partner), Principal Associates Manan Chhabra and Kumar Panda.<\/p>\n

“Hyderabad is a key region for pharmaceutical and life sciences sector, and we have been regularly advising companies in this space. We are happy to have assisted the promoters of Fleming in closing the deal. As investor interest continues to boom, we expect to witness more transactions in the region,” said Noorul Hassan.<\/p>\n

Quillon Partners advised InvAscent on this investment deal. The transaction team of Quillon Partners was led by Namrata Sinha (Partner) and Adeeb Shah.<\/p>\n

FLL is a homegrown active pharmaceutical ingredient (API) player, engaged in the business of manufacture and marketing of bulk drugs and intermediates. ILSF is a fund managed by InvAscent, a healthcare-focused private equity firm in India. FLL is planning to use the funds to expand its capacity by building its third manufacturing unit as well as for its foray into fermentation-based API manufacturing.<\/p>\n

About Lakshmikumaran & Sridharan<\/p>\n

Lakshmikumaran & Sridharan (LKS) is a premier full-service Indian law firm specializing in areas such as corporate & M&A\/PE, dispute resolution, taxation and intellectual property. The firm, through its 14 offices across India, works closely on litigation and commercial law matters, advising and representing clients both in India and abroad. The firm has handled more than 30,000 litigation cases before various forums including 2,000 cases before the Supreme Court of India. Over the last 37 years, the firm has worked with over 15,500 clients which range from start-ups, small & medium enterprises, to large Indian corporates and multinational companies.<\/p>\n

The professionals within the firm bring diverse experience to service clients across sectors such as commodities, automobile, manufacturing, healthcare, IT\/ITeS, FMCG, hospitality, real estate, petrochemicals, e-commerce, fintech, big data, renewables, cryptocurrency, gaming and sports. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions.<\/p>\n

The firm’s driving principles to achieve our vision are integrity, knowledge, innovation, and collaboration.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Lakshmikumaran and Sridharan Attorneys (LKS) acted for Fleming Laboratories Limited (FLL) and its promoters in a private equity transaction of INR 1,100 <\/p>\n","protected":false},"author":8808,"featured_media":309785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[63469,63713,51067,63715,63712,63714],"class_list":["post-309784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-active-pharmaceutical-ingredient","tag-fleming-laboratories","tag-indian-law-firm","tag-lakshmikumaran-and-sridharan-attorneys","tag-lks","tag-pe-fund-invascent"],"yoast_head":"\nLKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent | SCC Times<\/title>\n<meta name=\"description\" content=\"Lakshmikumaran and Sridharan Attorneys (LKS) acted for Fleming Laboratories Limited (FLL) and its promoters in a private equity transaction\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent\" \/>\n<meta property=\"og:description\" content=\"Lakshmikumaran and Sridharan Attorneys (LKS) acted for Fleming Laboratories Limited (FLL) and its promoters in a private equity transaction\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-20T13:00:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/\",\"name\":\"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.webp\",\"datePublished\":\"2023-12-20T13:00:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\"},\"description\":\"Lakshmikumaran and Sridharan Attorneys (LKS) acted for Fleming Laboratories Limited (FLL) and its promoters in a private equity transaction\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.webp\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.webp\",\"width\":886,\"height\":590,\"caption\":\"Fleming Laboratories\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\",\"name\":\"Bhumika Indulia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"caption\":\"Bhumika Indulia\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent | SCC Times","description":"Lakshmikumaran and Sridharan Attorneys (LKS) acted for Fleming Laboratories Limited (FLL) and its promoters in a private equity transaction","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/","og_locale":"en_US","og_type":"article","og_title":"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent","og_description":"Lakshmikumaran and Sridharan Attorneys (LKS) acted for Fleming Laboratories Limited (FLL) and its promoters in a private equity transaction","og_url":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2023-12-20T13:00:01+00:00","og_image":[{"width":886,"height":590,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.jpg","type":"image\/jpeg"}],"author":"Bhumika Indulia","twitter_card":"summary_large_image","twitter_title":"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent","twitter_misc":{"Written by":"Bhumika Indulia"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/","url":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/","name":"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.webp","datePublished":"2023-12-20T13:00:01+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"description":"Lakshmikumaran and Sridharan Attorneys (LKS) acted for Fleming Laboratories Limited (FLL) and its promoters in a private equity transaction","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.webp","width":886,"height":590,"caption":"Fleming Laboratories"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/20\/lks-assists-fleming-laboratories-in-investment-by-healthcare-focussed-pe-fund-invascent\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"LKS assists Fleming Laboratories in investment by healthcare focussed PE fund InvAscent"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a","name":"Bhumika Indulia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","caption":"Bhumika Indulia"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/12\/Fleming-Laboratories.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":281422,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/11\/lakshmikumaran-and-sridharan-advises-on-the-acquisition-of-350-acre-land-by-m3m-india-from-ambience-group\/","url_meta":{"origin":309784,"position":0},"title":"Lakshmikumaran and Sridharan advises on the acquisition of 350-acre land by M3M India from Ambience Group","author":"Bhumika Indulia","date":"January 11, 2023","format":false,"excerpt":"New Delhi, January 10, 2023: Lakshmikumaran and Sridharan acted as the legal counsel for Ambience Group and advised on all aspects related to the transaction. The role involved advising on the structure of the transaction and assisting in the negotiation and finalization of the transaction documents from a regulatory and\u2026","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-44.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":297622,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/07\/25\/ls-advises-niine-private-limited-to-raise-funds-from-angel-investors\/","url_meta":{"origin":309784,"position":1},"title":"L&S advises Niine Private Limited to raise funds from Angel Investors","author":"Bhumika Indulia","date":"July 25, 2023","format":false,"excerpt":"Lakshmikumaran and Sridharan Attorneys (LKS) acted as legal advisors to Niine Private Limited for raising funds from angel investors, by way of issuing compulsory convertible preference shares of the company for expanding its business across India. The team assisted and advised Niine Private Limited on the legal, regulatory, and direct\u2026","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"RAISE-FUN","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/RAISE-FUN.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/RAISE-FUN.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/RAISE-FUN.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/RAISE-FUN.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":352791,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/08\/lks-attorneys-advises-brenntag-raj-petro-sale-to-shell\/","url_meta":{"origin":309784,"position":2},"title":"Lakshmikumaran and Sridharan Attorneys advises Brenntag Group on Sale of Raj Petro Specialities to Shell Group","author":"Editor","date":"July 8, 2025","format":false,"excerpt":"Lakshmikumaran and Sridharan Attorneys (LKS) advised and acted for the Brenntag group (\u201cBrenntag\u201d) in the sale of 100% of Raj Petro Specialities Private Limited (\u201cRaj Petro\u201d) to Shell group.","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Brenntag Raj Petro sale","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Brenntag-Raj-Petro-sale.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Brenntag-Raj-Petro-sale.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Brenntag-Raj-Petro-sale.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Brenntag-Raj-Petro-sale.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":282889,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/01\/lks-webinar-on-budget-2023-a-deep-dive-into-the-tax-proposals-2-february-2023-at-300-pm\/","url_meta":{"origin":309784,"position":3},"title":"LKS | Webinar on Budget 2023: A Deep Dive into the Tax Proposals [2 February 2023 at 3:00 PM]","author":"Bhumika Indulia","date":"February 1, 2023","format":false,"excerpt":"Budget 2023 \u2013 A Deep Dive into the Tax Proposals 2 February 2023 (Thursday) | 3:00 PM to 4:30 PM The Hon\u2019ble Finance Minister will be presenting the Union Budget 2023 on 1 February 2023. Considering this is the first full-fledged Budget Session of the Parliament in the post-pandemic economy\u2026","rel":"","context":"In "Events\/Webinars"","block_context":{"text":"Events\/Webinars","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/events-and-webinars\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-249.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":371732,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/01\/05\/lakshmikumaran-sridharan-advises-nu-hospitals-somerset-indus-minority-investment\/","url_meta":{"origin":309784,"position":4},"title":"Lakshmikumaran & Sridharan attorneys advises NU Hospitals on significant minority investment by Somerset Indus Capital Partners","author":"Editor","date":"January 5, 2026","format":false,"excerpt":"Lakshmikumaran & Sridharan Attorneys advised NU Hospitals Private Limited on a significant minority investment by Somerset Indus Capital Partners, involving both primary and secondary stake components.","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"NU Hospitals minority investment Somerset Indus","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/NU-Hospitals-minority-investment-Somerset-Indus.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/NU-Hospitals-minority-investment-Somerset-Indus.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/NU-Hospitals-minority-investment-Somerset-Indus.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/NU-Hospitals-minority-investment-Somerset-Indus.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":284915,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/23\/lakshmikumaran-and-sridharan-advised-divo-tv-private-limited-and-the-promoters-to-sign-a-deal-to-sell-stake-to-warner-music-india-private-limited\/","url_meta":{"origin":309784,"position":5},"title":"L&S advises Divo TV Private Limited and the promoters to sign a deal to sell stake to Warner Music India Private Limited","author":"Bhumika Indulia","date":"February 23, 2023","format":false,"excerpt":"Lakshmikumaran and Sridharan acted as the legal counsel to Divo TV Private Limited (\u201cDivo TV\u201d) and its promoters and assisted them in signing a deal to sell stake to Warner Music India Private Limited (\u201cWarner Music\u201d). The deal also involved a primary subscription by Warner Music consequent to which Warner\u2026","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Lakshmikumaran and Sridharan advised Divo TV Private Limited and the promoters to sign a deal to sell stake to Warner Music India Private Limited","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-21.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-21.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-21.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-21.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/309784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=309784"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/309784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/309785"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=309784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=309784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=309784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}