J. Sagar Associates is law firm with 25 years of practice in the industry. They have come a long way from a solo practice started in November 1991 to a 300-member strong team spanning seven offices in eight states, today, led by Mr. Amit Kapur and Mr. Vivek Chandy as Joint Managing Partners. An outlier through much of the journey, JSA has penned some trail-blazing work – participation in the formation of the GIFT City in Gujarat, partnering with SEBI, championing the thought of Open door policy vs One Window Policy, contribution to the National Infrastructure Council and Energy Committee – under its letterhead to develop ideas and framework fueling economic growth of the country, Formulated the legal framework for IRB InvIT’s, advisors to Snapdeal in the Snapdeal-Flipkart case.
Reliance Industries Limited, Jio Platforms and Google have executed binding agreements for an investment of USD 4.5 billion /₹ 33,737 crore by Google into Jio Platforms. Google’s investment will translate into a 7.73% equity stake in Jio Platforms on a fully diluted basis.
The transaction is subject to regulatory and other applicable customary approvals.
JSA advised Google on the transaction along with Freshfields Bruckhaus Deringer US LLP.
Morgan Stanley acted as financial advisor and AZB & Partners and Davis Polk & Wardwell acted as legal counsels to Reliance Industries and Jio Platforms on the transaction.
The JSA team was spear headed by Partner - Probir Roy Chowdhury accompanied by Senior Associate - Yajas Setlur and Associate - Kavya Katherine Thayil
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