PSU Divestment & Tender

We understand the distinctive challenges in the field and provide effective approach to tough it out.

The Indian Government is gradually exiting non-strategic sectors through privatisation or strategic disinvestment to meet its fiscal deficit or to extricate itself of loss-making entities that are costing taxpayers money. The government does it through strategic deal, disinvestments with sale of minority stake, monetisation of certain assets or even share buyback.

We help with the legal due diligence of PSUs, preparation of the confidential information memorandum, preparation of share purchase agreement and the shareholder agreement in consultation with the bidders. We also provide support with material contracts and agreements, loan and lease agreements to ensure that there are no unduly onerous conditions, title deeds to ensure that there are no defects of title or onerous conditions and the adequacy of insurance cover and compliance with any legal or other requirement.
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  • Ranked as a Notable Firm for Government & Regulatory Practice by Benchmark Litigation in 2019 and 2020.
  • Honourable mention within INDIA – In-House Community Firms of the Year, 2018 by Asian-Mena Counsel Firms of the Year for Compliance/Regulatory Practice.
  • Ranked as Firm of the Year, 2021 by In-House Community for Compliance/Regulatory Practice.
  • Ranked as 'Other Notable Firms' for Government & Regulatory Practice by Benchmark Litigation in Asia Pacific 2021 Law Firm Ranking.
The services we render includes:
  • Assistance in submission of expression of interest
  • Drafting of Request for Proposal (RFP) document
  • Drafting and vetting of confidentiality undertaking
  • Tender related documentation
  • Tender related litigation and alternate dispute resolution
  • Assistance with tender submission, bidding and legal risk analysis
  • Assistance to Indian Companies in multi-jurisdictional tender process.
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Key Contacts

Sathya Prasad


Vidya H Pawar

Group Head

Satish ND

Senior Associate

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