{"id":332782,"date":"2024-10-09T18:30:50","date_gmt":"2024-10-09T13:00:50","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=332782"},"modified":"2024-10-09T18:11:12","modified_gmt":"2024-10-09T12:41:12","slug":"lks-advises-krsnaa-diagnostics-on-stake-purchase-in-apulki-healthcare","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/10\/09\/lks-advises-krsnaa-diagnostics-on-stake-purchase-in-apulki-healthcare\/","title":{"rendered":"LKS advises Krsnaa Diagnostics on stake purchase in Apulki Healthcare"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Lakshmikumaran and Sridharan advised Krsnaa Diagnostics Limited, a listed entity on its acquisition of 23.35% stake in Apulki Healthcare Private Limited. Apulki specialises in operating cancer and cardiac care hospitals in public-private partnership (PPP) mode.<\/p>\n<p style=\"margin-bottom: 3%;\">The firm&#8217;s role included conducting legal due diligence on Apulki, drafting and review of transaction documents, and strategic advisory on tax implications.<\/p>\n<p style=\"margin-bottom: 3%;\">The corporate due diligence team consisted of Noorul Hassan, Partner, Shipra Verma, Principal Associate, Aishwarya Narasimhan, Associate and Krishna Chandak, Consultant.<\/p>\n<p style=\"margin-bottom: 3%;\">Additionally, Sameer Avasarala, Principal Associate and Aryashree Kunhambu, Associate assisted with intellectual property and data protection aspects of the due diligence.<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction team was led by Noorul Hassan along with Shipra Verma and Kumar Panda, Principal Associate. Direct tax advisory was provided by Mr. Sudin Sabnis, Partner, Lokesh Gandhi, Associate and Deah Kapoor, Consultant.&#8221;<\/p>\n<h3>About Lakshmikumaran &amp; Sridharan<\/h3>\n<p style=\"margin-bottom: 3%;\">Lakshmikumaran &amp; Sridharan (LKS) is a premier full-service Indian law firm specializing in areas such as corporate &amp; M&amp;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 &amp; medium enterprises, to large Indian corporates and multinational companies.<\/p>\n<p style=\"margin-bottom: 3%;\">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<p style=\"margin-bottom: 3%;\">The firm&#8217;s driving principles to achieve our vision are integrity, knowledge, innovation, and collaboration.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><i>Lakshmikumaran and Sridharan advised Krsnaa Diagnostics Limited, a listed entity on its acquisition of 23.35% stake in Apulki Healthcare Private Limited<\/i><\/p>\n","protected":false},"author":8808,"featured_media":332788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[73911,73909,59451,73908,65053,73910],"class_list":["post-332782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-apulki-healthcare","tag-krsnaa-diagnostics","tag-lakshmikumaran-and-sridharan","tag-lks-advises","tag-public-private-partnership","tag-stake-purchase"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LKS advises Krsnaa Diagnostics on stake purchase in Apulki Healthcare | SCC Times<\/title>\n<meta name=\"description\" content=\"Lakshmikumaran and Sridharan advised Krsnaa Diagnostics Limited, a listed entity on 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The team assisted and advised Niine Private Limited on the legal, regulatory, and direct\u2026","rel":"","context":"In &quot;Law Firms News&quot;","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":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":332782,"position":1},"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 &quot;Law Firms News&quot;","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":371732,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/01\/05\/lakshmikumaran-sridharan-advises-nu-hospitals-somerset-indus-minority-investment\/","url_meta":{"origin":332782,"position":2},"title":"Lakshmikumaran &amp; 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 &quot;Law Firms News&quot;","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":332782,"position":3},"title":"L&#038;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 &quot;Law Firms News&quot;","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":[]},{"id":366771,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/11\/15\/lks-advises-toyota-group-dealership-acquisition-ravindu-motors\/","url_meta":{"origin":332782,"position":4},"title":"Lakshmikumaran &amp; Sridharan advises Toyota Group on Acquisition of Ravindu Motors&#8217; Dealership Business","author":"Editor","date":"November 15, 2025","format":false,"excerpt":"In a key automotive sector transaction, Lakshmikumaran & Sridharan Attorneys advised the Toyota Group on acquiring the Ravindu Motors dealership business, strengthening Toyota\u2019s market footprint in Karnataka through the newly rebranded Bharat Toyota network.","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"LKS Advises Toyota Group Dealership Acquisition","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/LKS-Advises-Toyota-Group-Dealership-Acquisition.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/LKS-Advises-Toyota-Group-Dealership-Acquisition.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/LKS-Advises-Toyota-Group-Dealership-Acquisition.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/LKS-Advises-Toyota-Group-Dealership-Acquisition.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":297132,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/07\/18\/ls-advises-educational-testing-service-ets-on-series-c-funding-round-in-leverage-edu-along-with-other-investors\/","url_meta":{"origin":332782,"position":5},"title":"L&#038;S advises Educational Testing Service (ETS) on Series C funding round in Leverage Edu along with other investors","author":"Bhumika Indulia","date":"July 18, 2023","format":false,"excerpt":"Lakshmikumaran and Sridharan (LKS) acted as legal advisors to ETS and another co-investor on the Series C funding round for Leverage Edu. The round was led by ETS, a renowned US-based entity, along with prominent investors Blume Ventures, DSG Consumer Partners and Kaizen. 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