Khaitan & Co advised the seller, the President of India (acting through the Ministry of Finance, Government of India), on the offer for sale of equity shares through the stock exchange mechanism of General Insurance Corporation of India, aggregating approximately INR 3,087.74 crores.
IDBI Capital Markets & Securities Ltd, SBICAP Securities Limited, BOB Capital Markets Ltd and Elara Securities (India) Pvt Ltd acted as brokers to the offer.
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Deal Details
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/firm-matter/ministry-of-finance-government-of-india-general-insurance-corporation-offer-for-sale
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/news-and-events
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Practice Area
Core Team
The core team consisted of Madhur Kohli (Partner) and Avinash Gautam (Senior Associate).