AZB & Partners advised Bharti Airtel on its recently concluded INR209 billion (USD2.8 billion) rights issue of partly paid-up equity shares, while Linklaters was sole international counsel to the lead managers and Shardul Amarchand Mangaldas & Co (SAM) advised the lead managers on Indian law.
The issue closed on 21 October and shares issued were listed on 1 November.
AZB & Partners’ team comprised partners Varoon Chandra and Agnik Bhattacharyya, and senior associate Rahul Aggarwal.
Linklaters’ team was led by its Singapore-based partner, Amit Singh, with support from counsel Joseph Wolpin.
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